Tag Archives: watson

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Blockchain Healthcare Applications for US FDA

The US Food and Drug Administration (FDA) revealed today its intent to study Blockchain Healthcare Applications.

The American agency who approves and regulates medical products announced its decision in a press release published by IBM Watson Health, that will team together with the FDA.

IBM will study how data from electronic medical records, clinical trials and health data from devices can be better shared and audited by using the distributed ledger.

To do so, it is not clear if IBM and the FDA will use a private blockchain or the Bitcoin one. Details may be published during next months.

Initial tests will be focused on clinical trials and real-world evidence data related to oncological data.

However, the two companies positioned the trial as one that could one day mitigate the potential of patient privacy breaches during electric exchanges.

The official press release revealed:

“By keeping an audit trail of all transactions on an unalterable distributed ledger, blockchain technology establishes accountability and transparency in the data exchange process.”

According to the press release, the IBM and the FDA will work together for a two-years period and their goal is publishing their researches in 2017.

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Amelia Tomasicchio

IBM Watson uses the Blockchain in Singapore

IBM Watson project and the Bitcoin blockchain are two new technologies that might change the way we live and work in the near future.



Today tech giant IBM opened a new incubator with 5,000 computer technicians that aim at creating several prototypes by using the IBM Watson AI tools and the Bitcoin Blockchain.
This innovative environment is called the Watson Centre and it is situated in the Marina Bay in Singapore and in the IBM Garage, specialized in developing blockchain applications thanks to the IBM Open Standards tools within the Global Entrepreneur program that was launched back in 2010.
Randy Walker, CEO at IBM for the Asian zone, explained this project with these words:
“Watson and blockchain are two technologies that will rapidly change the way we live and work, and our clients in Asia Pacific are eager to lead the way in envisioning and creating that future.”

IBM Watson and blockchain



This new center comes thanks the study of the distributed ledger applications started back in 2015 when IBM joined the Hyperledger project.

Also, at the beginning of 2016, Chris Ferris, CTO at IBM, became the project leader of the aforesaid open-source blockchain project.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

Artificial intelligence connected to the blockchain thanks to IBM

ibm works on Watson artificial intelligence connected to the blockchainIBM is working on an artificial intelligence that will use the blockchain.
Thanks to the possibilities offered by the blockchain in terms of value exchange, the IBM artificial intelligence will be able to analyze tons of data in a small portion of time.
And thanks to Tim Hahn this will happen for real. He explained to CoinDesk:
“What we’re doing with blockchain and devices is enabling the information those devices supply to effect the blockchain…You begin to approach the kind of things we see in movies.”
The blockchain applications will include the possibility to allow devices to perform tasks at a certain set time. 
Also, the devices wil be registered on the blockchain and – thanks to smart contracts – different types of access will be created, allowing lots of functionalities and customization. 
For example, thanks to the blockchain, Watson software could be updated remotely.
“You better be ready to actively update your devices throughout the lifecycle of your devices. Vulnerabilities will be discovered long after the device is released”, commented Hahn. 
Unfortunately Watson is still in a development phase and we don’t have more details about this disruptive invention. 
“Its early days and we’re just playing around with prototypes now”, explained Hahn. 

IBM invests in the Internet of Things

It was March when IBM announced its decision to invest $3bn to build an entire office that would be dedicated to the Internet of Things (IoT), or the smart connection between devices and Internet.
In a press release IBM explained that the company predicted to earn $235bn by the end of 2016 and an increase of 22% from 2014. 
The statement also predicted 6.4 billion devices that will be used worldwide within the end of 2016, an amount that will reach 20.8 billion in 2020.

Previous statement

IBM, in fact, is also working on the Hyperledger Project, an open-source blockchain led by The Linux Foundation. Presented in December, this project stars thirty companies including ABN Amro, CME Group, Red Hat and several blockchain startups.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio