US Navy to pilot blockchain-based project to improve medical supply lines


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US Navy to pilot blockchain-based project to improve medical supply lines

America navy continues to discover blockchain expertise to enhance its processes. The U.S. Navy has signed a $1.5-million contract with Consensus Networks to develop a blockchain-enabled logistics system named HealthNet again in Might. The mission, constructed on Web of Issues-focused blockchain IoTeX, is midway full, counting the times for its pilot scheduled for early 2022.

In keeping with the knowledge shared with Cointelegraph, Consensus Networks goals to supply real-time monitoring and logistics for practically 700,000 sailors and marines through the HealthNet platform. The developer picked the IoTex blockchain to fulfill the safety and scalability necessities of the Navy.

Nathan Miller, CEO and founding father of Consensus Networks, mentioned that the mission is 50% full, and the U.S. Navy is happy with the progress to date. He added that the Navy would “take part together with different companions who’re within the blockchain-powered HealthNet.”

Pilot applications to enhance the outdated and inefficient techniques embrace medical logistics, the demand for prescribed drugs, prediction of blood product demand, and provide of prostheses and medical gear.

Miller predicted that the medical business is poised to resume its techniques with blockchain-based options, including:

“It’s laborious to consider that right now vehicle producers, corresponding to Ford, have a greater community for making certain the well being of their autos within the store or on the street than the medical sector has to observe and safeguard the well being of individuals.”

HealthNet is just not a Navy-exclusive mission, Miller underscored. It might assist medical operators make the most of an built-in knowledge surroundings and an interface to trace medical suppliers from producer to affected person as a way to scale back supply time and waste.

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“For instance, will probably be nice for aged houses by serving to them with higher care with out driving or being pushed to a healthcare facility,” Miller defined. “The system will assist observe their well being and predict their wants and get them sorted, so they don’t have to go to clinics.”

The U.S. navy has beforehand experimented with blockchain expertise. The Air Power was one of many first branches to make a contract with a blockchain startup. The U.S. Navy then granted Simba Chain $10 million to develop a secure messaging platform. Simba has obtained one other $1.5 million in 2021 to create a blockchain-based resolution to allow demand sensing for critical military weaponry parts.