NetworkNewsBreaks – Medical Innovation Holdings,
Post# of 24
Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced that its future development efforts will include blockchain technology. Per the update, the company’s recently announced endeavor into the Health Care Sharing Organizations (“HCSO”) marketplace will be blockchain-centric in an effort to promote more efficient movement of secure data and lower transactional costs. MIHI intends to release an initial version of this platform to support its own internal operations before migrating the application to allow third-party sharing organizations to utilize the technology under a transaction fee arrangement. “We are at a beginning of a technological trend that will revolutionize how we use and share medical and financial information,” Arturo ‘Jake’ Sanchez, CEO of MIHI, stated in the news release. “Committing MIHI to blockchain development will insure that the medical data we move across the health care ecosystem can be trusted, secure and immutable and that our automated workflows will be a tremendous differentiator in a crowded market.”
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