Blockchain-Based Smart Hospital Project Announced By Seoul Medical Center

Announcements, Blockchain, News | March 21, 2019 By:

The Seoul Medical Center, a major hospital in South Korea’s capital city, is planning to create a blockchain-based platform to improve its medical services.

Korean news outlet Daily Medi reported that the hospital is collaborating with the Korean Ministry of Science and ICT for the project, dubbed “Smart Hospital.” The goal of the project is to improve data accuracy and reduce processing timing for the Seoul Medical Center by building an automated, personalized, integrated medical information platform based on blockchain, which will provide electronic prescription delivery, certificate issuance, and insurance claims.

“Smart Hospital Service is expected to solve the problem of ownership of medical and health information among various ICT technologies supporting the paradigm shift of patient-oriented medical environment, such as precision medical care and customized medical care,” the hospital said. “In addition, it will help increase health information management ability, claim medical claims and review process efficiently, track medical devices and drug distribution channels, improve clinical trial safety, share and utilize research data, and strengthen personal medical and health information protection.”

The Smart Hospital project, one of the 2019 blockchain-based public project development plans issued by Ministry of Science and ICT, is expected to launch next month.

In February of this year, the Seoul Metropolitan Government announced that it will invest 1.2 trillion won ($1B USD) in FinTech and blockchain startups by 2022. The investment will be made via the Seoul Innovation Growth Fund, which was launched in 2018 to create jobs and accelerate economic growth in the region.