Blockchain Technology Provides Solutions in Mental Health Medicine

ViralHub has started developing blockchain-based technologies for mental health sector

by Marina Ovcharova
08 February • 4 min
In News

Canadian company ViralHub, focused on providing healthcare software solutions, has turned to blockchain technologies, it said in a statement on 11 January. Based on its experience at Software as Service (SaaS) through mobile and web applications that consider wide-range industry problems the team believes that this addition to their portfolio will not only fill an important market niche, but will enable more than 200 of their customers with an immediate solution to existing problems.

On 30 January, ViralHub revealed the adopting of Hyperledger-based technologies, joining companies like Aetna, Eli Lilly and PwC, among others. This decision is considered in resolving the biggest issues in the healthcare sector, the team explains. ViralHub and Hyperledger are convinced that if used by its full potential, the open-source Blockchain technology can present answers to long-term difficulties in the field, such as unifying the disparate processes and increasing the volume and liquidity of data flow, and even benefit the patients with improved services.

ViralHub dedicates a team to the task

The company revealed also the founding of a blockchain development team, headed by vice president of technology Vijit Coomara.

Just a week later, on 7 February, it announced the team's first project - a blockchain-based interoperability solution, called WellLinc. The product's features include enabling the process of exchanging critical health-related data during the whole caring process. It has the potential to provide global solution, making the electronic mental health records interoperable, states the VitalHub's CEO Dan Matlow.

mental-health

The blockchain-based solution may have global impact

WellLinc will first be focused on providing solutions for mental care which is the main area of VitalHub's work. The team believes that this way they can resolve some of its most serious organizational problems that in the moment result in far from optimal access to viable sources of healthcare information.

It is expected that with WellLinc, implemented in healthcare organizations’ work process, it will decrease their expenses seriously. According to 2016 World Health Organization's data nearly 10% of the world's population suffers from depression and anxiety, and 30% of the global non-fatal diseases are mental disorders. Based on VitalHub's experience in mental health and long-term care, it seems that these areas may be the first ones to adopt the new Blockchain-based product and benefit from the advantages it could provide, resolving many of the critical patient data issues.

Data security remains priority problem in healthcare

While voices call for attention on unauthorized mental health records access, the main concern in the industry remains ransomware attacks. Healthcare institutions often attract such unwanted attention due to the lack of healthcare records on a distributed ledger. Cyber defense firm Cryptonite points out that the number of reported major ransomware attacks on healthcare institutions increased by 89% from 2016 to 2017.

WellLinc may prove effective solution to these problems, especially considering that healthcare will remain VitalHub's main area of interest.