
Austrian Government supports a cancer research company based in the UK to detect the disease. This is a part of the country’s campaign to support the blockchain technology.
A screening device detecting a number of cancer kinds and record the results through smart contracts on blockchain. The Lancor Scientific company, the device developer, is going to establish a laboratory.
The tool for cancer detecting was launched this October. Lancor Scientific expects 90 percent accuracy due to artificial intelligence used in the development.
According to Austria’s minister of foreign affairs, blockchain technology is considered as an area of interest at state level along with Artificial Intelligence and Speech Recognition.
The country remains open to experimentation with blockchain and cryptocurrency projects and its legislation.
Blockchain is used extensively for environmental, charity programs as well as financial, medicine, supply chain, industrial projects all over the globe. Though blockchain is often called a “technology of the future”, it has already gotten implemented and provided its benefits both by small technology startups and large corporations.
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3 COMMENTS
Brian
Oh, this is exciting news! After all, it is true that the blockchain technology offers very interesting and promising opportunities for storing, transmitting and managing data.
Sebastian
Yes, you are right. In the field of health care, the issue of information management is very relevant. Thanks for the exciting stuff.
Vincent
I am glad that new technologies are beginning to penetrate areas where they help people. That is excellent news because the symbiosis of medical technology and blockchain will help modern medicine to solve some problems related to human factors and the security of data exchange.
April 4, 2019