The U.S. Navy will pilot blockchain-based projects to improve medical supply lines

The US military continues to explore blockchain technology to improve its processes. As early as May, the U.S. Navy signed a $1.5 million contract with Consensus Networks to develop a blockchain logistics system called HealthNet. The project is built on the blockchain IoTeX, which focuses on the Internet of Things. It has been half completed and is scheduled to be piloted in early 2022.

According to information shared with Cointelegraph, Consensus Networks aims to provide real-time monitoring and logistics to nearly 700,000 sailors and Marines through the HealthNet platform. The developers chose the IoTex blockchain to meet the navy’s security and scalability requirements.

Consensus Networks CEO and founder Nathan Miller (Nathan Miller) said that the project is 50% complete and the U.S. Navy is satisfied with the progress so far. He added that the Navy will “participate with other partners interested in blockchain-powered HealthNet.”

Pilot projects to improve outdated and inefficient systems include medical logistics, drug demand, blood product demand forecasting, and the supply of prosthetics and medical equipment.

Miller predicted that the medical industry is ready to update its systems with blockchain-based solutions, adding:

“It’s hard to believe that today’s automakers, such as Ford Motors, have a better network than the medical department to monitor and protect people’s health in ensuring the health of vehicles in stores or on the road.”

Miller emphasized that HealthNet is not a project unique to the Navy. It will help medical operators use integrated data environments and interfaces to track medical suppliers from manufacturers to patients to reduce delivery time and waste.

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Miller explained: “For example, by helping them get better care without driving or driving to a medical facility, it will be great for nursing homes.” “The system will help track their health and predict them. Needs and categorize them, so they don’t have to go to the clinic.”

The US military has previously tried to use blockchain technology. this.The Air Force was the first to establish Sign contracts with blockchain startups. The U.S. Navy subsequently awarded Simba Chain $10 million for Develop a secure messaging platform. Simba received another 1.5 million US dollars in 2021 to create a blockchain-based solution to achieve Demand sensing of key military weapon components.