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Crypto news in brief (December 10, 2018): Swiss Post and Swisscom, Massachusetts General Hospital, Zug, Medici Ventures and GrainChain

December 10, 2018 By Crypto Reporter

– Swiss Post and Swisscom have partnered to develop infrastructure for blockchain applications in Switzerland
– Researchers at Massachusetts General Hospital are collaborating with MediBloc in an effort to find better ways to store and share patient data
– Zug has been ranked the fastest-growing tech hub in Europe
– Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain

Switzerland’s national postal service Swiss Post and state-owned telecom provider Swisscom have partnered to develop “a simple, secure and sustainable” infrastructure for blockchain applications in Switzerland.

***

Researchers at Massachusetts General Hospital (MGH), one of the top-five hospitals in the US, are collaborating with Korean blockchain startup MediBloc in an effort to find better ways to store and share patient data.

Synho Do, director of the Laboratory of Medical Imaging and Computation by MGH and Harvard Medical School, said that the laboratory is expanding research in a range of areas “from medical image analysis to health information exchange by leveraging our cutting-edge technologies such as blockchain, artificial intelligence and machine learning.”

Regarding this specific initiative, Do added: “In collaboration with Medibloc, we aim to explore potentials of blockchain technology to provide secure solutions for health information exchange, integrate healthcare AI applications into the day-to-day clinical workflow, and support [a] data sharing and labeling platform for machine learning model development.”

***

The Swiss city of Zug, home to crypto and blockchain development hub “Crypto Valley”, has been ranked the fastest-growing tech hub in Europe, according to the latest annual “State of European Tech” report from London-headquartered international technology investment firm Atomico.

***

Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain.

Founded in 2003, GrainChain has developed a blockchain-powered system that enables supply chain parties to track the distribution process of harvests. GrainChain’s blockchain-based financial settlement system allows producers, buyers and sellers to create smart contracts in order to secure payments throughout the grain transaction process, explains CoinTelegraph.

Filed Under: General News, News Tagged With: cryptocurrency, GrainChain, Massachusetts General Hospital, Medici Ventures, news, news in brief, Swiss Post, Swisscom, Zug

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