Nokia Uses Blockchain For Health Data

Nokia Uses Blockchain For Health Data

Nokia and OP Financial Group have recently started a trial exploring new opportunities in the field of Digital Health.

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Nokia and OP Financial Group have recently started a trial exploring new opportunities in the field of Digital Health.

The goal of the collaborative project is to give people more control over their personal health data. In particular, blockchain technology is believed to have the potential to allow people to share and access their data privately and securely, as Nokia wrote in a press statement announcing the pilot.

The two Finnish companies are working together to look into the connection between technology, health, and insurance, with the aim to help families be healthier. The initial number of participants in the pilot is claimed to be 100.

Users are rewarded for sharing data coming from their Nokia wearable devices. More specifically, their daily steps and sleep hours are shared through the pilot`s app, leaving a “trustworthy” and “privacy-preserving footprint on the blockchain”. Based on this data, OP automatically rewards the users who have fulfilled their fitness goals with points.

“This pilot is quite literally a prime example of the technologies we’ll use in the future, combined innovatively to create value.“, as  Kristian Luoma,  Head of OP Lab at OP Financial Group, said.

Luoma added that this is a great example of how blockchain can be applied to something that needs trust. In the particular case, Nokia`s experimental blockchain platform focuses on privacy and gives users full control over their data. This is claimed to be a step towards a global digital health ecosystem that benefits both individuals and society.

“Our vision is to reinvent health care by transforming the relationship people have with their wellbeing.“, as Nokia wrote.

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