VitalHub Joins Hyperledger
30 January 2018 - 11:00PM
VitalHub Corp. (the “Company” or “VitalHub”) (TSX-V:VHI) today
announced it has joined Hyperledger (view Hyperledger Press
Release). VitalHub joins an elite group of healthcare companies
including Aetna, Change Healthcare, Eli Lilly & Company, and
PwC, that are early adopters of Hyperledger technologies, and are
building production deployments of Blockchain solutions across the
healthcare sector.
Hyperledger is an open source global collaborative effort
created to advance Blockchain technology hosted by The Linux
Foundation that addresses important features for a cross-industry
open standard for distributed ledgers. Hyperledger consists of more
than 185 organizations including leaders in healthcare, finance,
banking, IoT, supply chain, manufacturing and technology.
VitalHub has decided to join this industry-leading collaboration
as Hyperledger has a declared commitment to helping the healthcare
industry realize the full potential of open source Blockchain
solutions, which hold the promise of unifying disparate processes,
increasing data flow and liquidity, reducing costs and improving
patient experience and outcomes. VitalHub shares in this
commitment, and will bring strong healthcare domain expertise and
leadership in developing and implementing Blockchain solutions.
VitalHub has formed a dedicated Blockchain development team
headed by Vijit Coomara, VP of Technology, and has begun building
interoperability solutions targeting the needs of its existing
customers. VitalHub is utilizing the Hyperledger Fabric Platform as
the foundation for its applications, which will enable health data
to be accessed from individual, secured and replicated localized
repositories, with no single point-of-failure, as is currently the
case with centralized repositories.
"We welcome VitalHub's membership in the Hyperledger community,
as they join a select group of healthcare companies that are
building solutions using Hyperledger technologies," said Brian
Behlendorf, Executive Director, Hyperledger. "We look forward to
working with and supporting VitalHub as they build production
deployments of Blockchain-based interoperability solutions for the
healthcare sector."
“We are excited about the opportunity to work alongside
world-leaders across the technology sector to develop commercially
viable and scalable Blockchain solutions,” said Dan Matlow, CEO of
VitalHub. “The combination of VitalHub’s healthcare domain
expertise, along with Hyperledger’s depth and collaboration will
enable us to develop healthcare Blockchain applications with global
applicably and impact. We are well underway in our effort to build
healthcare applications that leverage Blockchain technology and the
Hyperledger Fabric Platform.”
ABOUT VITALHUB:
VitalHub uses web, mobile, and Blockchain technology to create
disruptive SaaS-based healthcare applications that solve
industry-wide problems. VitalHub's aim is to create high-value,
secured solutions that enable broad interoperability among existing
health data systems. Vitalhub is primarily focused on working with
organizations in the Mental Health and Long-Term Care space, to
further extend organization's applications across the continuum of
care, powered by the security, efficiency, and trust of Blockchain
technology.
The Company has a robust two-pronged growth strategy, targeting
organic growth opportunities within its product suite, and pursuing
an aggressive M&A plan. Currently, VitalHub serves 200+ clients
across North America. VitalHub is based in Toronto, Canada, with an
offshore development hub in Sri Lanka. The Company is publicly
traded on the TSX Venture Exchange under the symbol "VHI".
CAUTIONARY STATEMENT
The TSX Venture Exchange has in no way passed upon the merits of
the transactions and has neither approved nor disapproved the
contents of this press release. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release.
CONTACT INFORMATION
Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
Vitalhub (TSXV:VHI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vitalhub (TSXV:VHI)
Historical Stock Chart
From Jul 2023 to Jul 2024