Blockchains Protect Patient Privacy Amidst Data Breach Crisis

Over 130 million health records were stolen in the US just last year. Outdated systems and chronic underinvestment in cybersecurity have left many providers ill-prepared to protect their patients’ most sensitive health histories.

A high-capacity, next-gen privacy stack

Partisia Blockchain and Verida’s next-gen privacy tech stack is a direct response to the growing crisis of patient data security in healthcare. It combines Verida’s decentralized network for storing, processing, and sharing high-value data with Partisia Blockchain’s privacy-preserving blockchain designed for secure computation and controlled user data access.

The combination of privacy-preserving technology with patient-centric data controls empowers patients, enhances data-driven decision-making for providers and facilitates better coordination among a patient’s caregivers.

Chris Were, Verida CEO, said:

I have been incredibly impressed by the Partisia Blockchain team and the critical privacy-preserving computation technology they have developed. I am thrilled that we can collaborate with our respective technologies to bring forward these privacy-preserving use cases.

How it works

Partisia Blockchain’s advanced multiparty computation (MPC) technology brings a new level of confidentiality and security to data sharing and Verida’s infrastructure enables users to control their own data, making it harder for hackers to gain unauthorized access by removing centralized data storage from the process.

The new tech stack introduces zero-knowledge computations that can occur in parallel to public blockchain transactions. This allows patients to have greater control over who has access to their data.

Streamlining responses to pandemics

In addition to empowering patients to proactively manage data sharing, real-time access to anonymous-yet-verified healthcare data could streamline responses to events like pandemics and accelerate healthcare research. Patients can securely contribute data for studies while maintaining total privacy and complete control.

This dramatically expands the potential pool of patients for researchers, who may gain meaningful insights with speed and at scale — with much lower cost.

Opportunities beyond healthcare

There are also opportunities beyond healthcare, as industries as varied as personal insurance, digital assistants, and recruitment can benefit from the combination of privacy and user-centricity. The integration of decentralized privacy-preserving aggregate computation with AI opens avenues to discern patterns across industries, regions, or communities.