Healthcare IT Firm Joins Hyperledger Blockchain Project, Codebases Activated

US firm Change Healthcare has joined the Linux Foundation-backed Hyperledger blockchain consortium.

May 22, 2017 at 12:00 p.m. UTC
Updated Sep 11, 2021 at 1:22 p.m. UTC

The Linux-led Hyperledger project today took several new steps toward its goal of creating enterprise-grade blockchain solutions for enterprise.

The consortium was joined by its first US healthcare IT firm, Change Healthcare, and graduated two of its code bases, Intel's Sawtooth Lake and blockchain startup Soramitsu's Iroha, into active status.

The moves come just months after Change Healthcare merged with the IT unit of the McKesson Corporation, a Fortune Global 500 pharmaceuticals firm. Further, the new frameworks join Hyperledger Fabric, developed by IBM, as the only graduates to reach active status at the consortium.

Hyperledger, an open-source consortium effort, began exploring healthcare applications not long after its formation in late 2015, tapping members such as managed care consortium Kaiser Permanente and blockchain startups like Gem and Hashed Health to form a working group focused on the industry last October.

According to Change Healthcare, the focus on technology solutions for the healthcare space factored into the decision to link up with Hyperledger.

Aaron Symanski, the firm's CTO, said in a statement:

"Blockchain is a promising and exciting new technology for secure online transactions. But it’s crucial that healthcare leaders step up to champion innovation to help take blockchain from its early implementations to tomorrow’s healthcare IT solutions."

As part of its entry to the consortium, Symanski will take a seat on its governing board.

"Their expertise and global reach is sure to be a huge asset as we continue to bring the community together to advance open blockchain tools and services for healthcare and various other industries," said Brian Behlendorf, Hyperledger’s executive director.

Reporting contributed by Michael del Castillo.

Image via Pete Rizzo for CoinDesk

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
UK Regulator to Consider Terra Coins Collapse in New Crypto Rules: Report

Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.

Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.

CoinDesk - Unknown
2
CoinDesk - Unknown
Bitcoin Options Data Suggests Bearish Sentiment Among Investors

Put/call ratio for Bitcoin options reached yearly highs on Thursday, data shows.

Put/call ratio for Bitcoin options reached yearly highs on Thursday, data shows.

CoinDesk - Unknown
3
CoinDesk - Unknown
CoinDesk Cardano Price Index (ADX)

CoinDesk - Unknown
4
CoinDesk - Unknown
CoinDesk Smart Contract Platform Select Index (SCPX)

CoinDesk - Unknown