Yesterday it was announced that five leading healthcare providers have signed up to use a new blockchain credentialing system from ProCredEx. The aim is to resolve the administrative inefficiencies in healthcare credentialing by using distributed ledger technology (DLT). The solution aims to connect existing credentialing systems.
The five organizations are National Government Services, Spectrum Health, WellCare, Accenture, and The Hardenbergh Group.
ProCredEx is developing and operating Professional Credentials Exchange in partnership with Hashed Health.
The use of DLT aims to cut time, costs and the convoluted nature of the current system. Anthony Begando, ProCredEx’s Co-founder and CEO says that “a fundamental component of developing the exchange lays in building a network of members that bring significant verified credential datasets to the marketplace…These are the leading participants in a growing group of collaborators who bring data and implementation capabilities to accelerate the deployment and scaling of the exchange.”
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