Blockchain for Personal Health Data Tested By Nokia

Announcements, Blockchain, Innovation | December 11, 2017 By:

Finnish communications giant Nokia, in partnership with Finland-based OP Financial Group, is exploring the potential of blockchain technology in the field of digital health.

In October, Nokia and OP Financial Group, one of the largest financial services group in Finland, started a pilot to explore how blockchain technology can be use to establish more trust in managing health data. The aim of the project is to give people more control over their personal health data – how it is shared, who can access it, and how it can be used – with a focus on privacy and security offered by blockchain.

“With an initial number of 100 participants, this is the first pilot in a broader collaboration in which the two Finnish companies are exploring the intersection of technology, health, and insurance, to help the human family be healthier together,” Nokia said.

In the pilot, users are rewarded for sharing data coming from their Nokia wearable devices in order to explore the possibilities of incentive models, such as smart health insurances and work health programs for promoting healthy living. Participants’ daily steps and sleep hours are shared through the pilot’s app, Nokia Steel HR, which leaves a trustworthy, yet privacy-preserving footprint on the blockchain. Based on this, OP automatically rewards the users with points based on what steps they have taken with respect to their fitness goals.

“We’re excited about the collaboration with Nokia,” said Kristian Luoma, Head of OP Lab at OP Financial Group. “It is great to see blockchain applied to something that needs trust. This pilot is quite literally a prime example of the technologies we’ll use in the future, combined innovatively to create value.”