Categories: CryptoNews

Healthcare Division of Philips Launches Blockchain Research Lab

Philips Healthcare, a subdivision of the Netherlands-based Royal Philips technology company, has announced the launch of its Blockchain Research Lab.

According to the launch site, Philips spent a considerable amount of time exploring distributed ledgers and blockchain tech, before deciding to form this group:

“Beginning in 2016, the Philips Blockchain Lab was established following six months of exploratory research into blockchain technology.”

The new laboratory is located at the company’s headquarters in Amsterdam, where IT professional from Philips, along with other partners, will be able to brainstorm and prototype a variety of blockchain-based solutions and use cases of the novel technology.

Philips first showed interest in blockchains in October of last year, when news leaked out that the company was collaboration with Tierion, a blockchain record maintenance developer. At the time, Arno Laeven, who now heads the Philips Blockchain Lab, told CoinDesk

that Philips was interested in the applications of blockchains in the healthcare industry.

Leaven has made it clear that Philips is very interested in emerging technologies and their potential to improve existing business models:

Related Post

“As a company committed to innovation you need to constantly explore new and emerging technologies and their application in areas where they might have an impact and added value.”

Philips is now “actively seeking” blockchain experts and developers, who are interested in applying their skills on several projects with the company.

 

Image credit: 1

If you liked this article follow us on twitter @themerklenews

and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

45 mins ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

1 hour ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

4 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

5 hours ago

IntelMarkets (INTL) Receives Massive Demand From Chainlink And SUI Investors Looking To Position For The Best Bull Run Gains

As the cryptocurrency market gears up for a bull run, IntelMarkets (INTL) is attracting significant…

5 hours ago

FOMO Selling Trigger $1 Billion Liquidations as LINK & SOL Bleed Heavily; What to Do Next?

In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins…

11 hours ago