SIMBA Chain and Equideum Health Announce Partnership To Build Web3 Health Data Exchange

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South Bend, Indiana, 20th July, 2022, Chainwire

SIMBA Chain is announcing a new partnership for the global healthcare and life sciences industry with Equideum Health, the Web3 and blockchain-powered health company formerly known as ConsenSys Health. The collaboration aims to significantly enhance global healthcare by building a decentralized marketplace, dubbed the Equideum Exchange, for empowering individuals to monetize health and health-relevant data about them. 

Integrating SIMBA Chain’s cutting-edge blockchain solution SIMBA Blocks with Equideum Health’s Elevated ComputeTM platform will greatly accelerate both cross-blockchain interoperability and the incorporation of healthcare and life sciences supply chain data into the new Web3 data economy enabled by the Equideum Exchange.  The development of the Equideum Exchange is expected to conclude by Q1 2023 in collaboration with Equideum Health’s current partners Nokia, Nokia Bell Labs, Microsoft, Intel, and ConsenSys. Users of the Equideum Exchange – including pharmaceutical and Medtech companies, and public and global health authorities – will be able to procure data and privacy-preserving analytic compute results for clinical, population health, health economics, patient-centered outcomes research, and machine learning purposes.  These users will be able to access a growing array of high-integrity, longitudinal data resources unavailable today, accompanied by the fine-grained, verifiable, and enforceable consent and economic participation of the individual data subjects.

The integration of SIMBA Blocks enables Equideum Health to achieve cross-blockchain protocol