Leading South Korean Hospital Group Readies Blockchain Move

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

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June 26, 2023 06:55 EDT

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South Korean hospitals could be set to usher in a new era of industry 4.0-era healthcare, and will look to use blockchain technology to upgrade the quality of the medical care they provide.

Taking the lead is one of the country’s most prestigious hospital groups, Yonsei Medical Center, whose Vice President Yoon Dong-seop – also the Vice President of the Korean Hospital Association – revealed that Yonsei was working on an “open innovation platform.”

Per Fn News and Hanguk Kyungjae, the platform, said Yoon, will make use of blockchain technology, AI advances and other industry 4.0 tech such as Big Data to manage patients’ medical records. The new platform will also “organically” link research projects – creating a network of biosensor data, digital neural networks, smart medical centers, medical devices, diagnostic devices and research data for new drugs and treatments.

Yoon added that the move would help Yonsei Medical Center “develop into a digital leader among global medical institutions.”

Despite its name, the medical center actually comprises three major Seoul-based general hospitals, with a fourth set to follow in Songdo, Incheon, 2022. The center’s flagship Severance Hospital, in Seoul’s affluent Sincheon District, is set to open what it promises will be a world-leading heavy particle cancer ward in 2022.

A number of South Korean blockchain firms have been exploring the use of the technology in the healthcare business, with some already exporting their solutions to hospitals based overseas.
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