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Russia's Ministry of Health Is Launching a Blockchain Pilot

Russia's Ministry of Health Is Launching a Blockchain Pilot

Russia's Ministry of Health Is Launching a Blockchain Pilot

The Russian Ministry of Health is working with one of the country's state-owned banks to explore possible uses of blockchain.

The Russian Ministry of Health is working with one of the country's state-owned banks to explore possible uses of blockchain.

The Russian Ministry of Health is working with one of the country's state-owned banks to explore possible uses of blockchain.

AccessTimeIconAug 10, 2017, 5:00 PM
Updated Aug 18, 2021, 6:40 PM

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The Russian Ministry of Health is working with one of the country's state-owned banks to explore possible uses of blockchain.

Vnesheconombank (VEB) revealed the partnership last week, which will see the development bank and the Health Ministry exploring how the tech could be used to exchange patient history. It further cited a mandate from the government to create a new interagency data-sharing system – suggesting that this could be one area in which Russian officials apply blockchain.

The bank also revealed that it will launch a "Centre of Competencies" through which it will study possible blockchain applications.

Sergey Gorkov, chairman of VEB, said in a statement:

"The Centre will engage in the development of private blockchain using the concerted efforts of the VEB team and an international professional team capable of accomplishing the tasks set by the Ministry of Health. In its turn, the Ministry is to define areas of blockchain application. To ensure greater consistency of work, we invite the Ministry of Health to join the blockchain working group."

VEB revealed its plans to develop a host of products and services around blockchain earlier this summer. Reports from this week that indicate that the bank is also testing ethereum for charity payments.

In statements to local media, Gorkov pointed to the need to modernize as one of the driving factors behind its work with the tech.

"When we started to think about how to manage projects efficiently, we realized that there is no platform," he said. "We realized that the blockchain is a good fundamental and qualitative platform for the future."

Image via Shutterstock

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