80  Blockchain

Provenance and medical histories

In the current paradigm, it is very difficult for health professions to trace

back their patients’ medical history along with the history of treatment

they have received. It becomes more difficult if they have been to different

territories and countries. Blockchain provides a solution to track the whole

medical journey end-to-end even if it is global through a single interface.

• BlockMedx: BlockMedx is a blockchain-based software to provide

a secure, HIPPA-compliant, end-to-end solution to digitalise Drug

Enforcement Administration-controlled drug prescriptions. It  pro-

vides next-generation blockchain-based technology to send and

receive electronic prescriptions, track those prescriptions and predict

at-risk patients.

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⚬Website: https://www.blockmedx.com

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⚬Technology used: Undisclosed

• Spiritus: Spiritus is using blockchain technology to track the mainte-

nance of vital medical support devices. The solution is offered through

a mobile app, web portal and cloud to provide a secure, transparent

and immutable maintenance record of devices so that patients can be

confident in the devices they rely on.

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⚬Website: https://www.spirituspartners.com

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⚬Technology used: Azure AI and Blockchain suite

Energy

The energy sector has been an important driver of industrial evolution and

growth. Energy companies can be classified by the way they produce energy

like non-renewable (fossil fuels) and renewable like solar.

An energy sector is a group of companies involved in the exploration/

development of oil and gas reserves. Some examples are power utility com-

panies including nuclear power, generating power through fossil fuels and

also renewable energy like solar/wind power.

Blockchain footprint

• Sympower: Sympower offers multiple software products to provide

flexibility in energy utilisation. The software balances energy sup-

ply with demand, hence unlocking energy efficiency. The software

along with hardware devices can control the demand side of things

by switching on and off equipment as per the demand of the energy.

The end result of the supply and demand synergy is to reduce the

strain on the electric grid and also give the consumer the ability to

turn their big energy users into value-generating energy assets.