Longenesis Brings South Korean Medical Records to the Blockchain

Longenesis has concluded two new partnerships in South Korea.

According to the Riga, Latvia-based, Hong Kong-incorporated company, it will be providing its medical-consent platform-as-a-service to Hanshin Medipia Medical Center and Infinity Care.

Longenesis, which was formed in late 2017, provides a suite of modular blockchain solutions for medical providers, supplying everything from user interfaces for patient interaction to medical recordkeeping.

The key, said Denis Bazinov, Longenesis project manager, is the way in which the system works with pharmaceutical companies and research institutions.

Longenesis is already active in South Korea and has two previous transactions in the market.

In April, it signed an agreement with Incheon-based Gil Medical Center to develop a blockchain solution for medical-data management.

The solution being provided by Longenesis utilizes Bitfury's Exonum, a framework for decentralized blockchain applications.

Longenesis has the exclusive license for the use of Exonum in the medical field.

Bitfury, which is considering an initial public offering this year, already has significant relationships with South Korean partners.

Korelya Capital, which is based in Paris and connected with South Korea's Naver, was an investor in an $80 million Bitfury funding round late last year.