Blockchain-based company Factom has announced it will soon secure medical records on its platform. The firm received a grant from the Bill Melinda Gates Foundation to provide immutable and easily accessible records.
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Gates Foundation Grant to Produce Distributed Medical Database
Factom, the blockchain as-a-service (BaaS) technology company, has been steadily progressing its project. The company’s most recent efforts have been a partnership with Intrinio to keep Wall Street records on the blockchain, and a grant from the Department of Homeland Security (DHS). The firm also secured 4.2 million in a funding round led by investor Tim Draper of Draper Associates.
Now Factom has received a grant from the Bill Melinda Gates Foundation (BMGF) to keep globally distributed medical records with biometric verification. BMGF is the largest private foundation in