Philips Healthcare launches Philips Blockchain Lab

FinTech | March 4, 2016 By:

Philips Healthcare has announced the launch of its Blockchain Research Lab.

The company said that the lab follows six months of exploratory research, and that the goal of the effort is to unite the company’s IT experts, healthcare professionals and blockchain developers to continue this progress.

The Blockchain Research Lab is located at the company’s headquarters in Amsterdam. Philips specialists are intended to brainstorm and prototype a variety of blockchain-based solutions and use cases of the novel technology.

Philips Healthcare is a subdivision of the Netherlands-based Royal Philips technology company.