Blockchain tech specialist Gem officially launched Gem Health today, an initiative aimed at promoting collaboration in the healthcare space centered on the emerging technology.
In interview, Gem CEO Micah Winkelspecht described the effort as a way to encourage the healthcare industry to explore the potential benefits blockchain could have in the creation of wellness apps, global patient ID software and secure electronic medical records.
Winkelspecht told CoinDesk:
As part of this push, Winkelspecht said Gem is investing in communications channels and physical events aimed at the industry.
As for Gem’s role in the management of its new private blockchain system, Winkelspecht said that the startup’s intent is not to "own the network", but rather position itself as a consultant and match-maker for firms in the sector working on blockchain projects.
Winkelspecht framed the move as part of Gem’s larger move toward offering enterprise services following its pivot from its original positioning as an API provider for bitcoin startups. Further, he spoke in broad terms about the benefits blockchain could have for healthcare, stressing the benefits technological improvements in the sector may have on society.
Healthcare image via Shutterstock
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.