When the vaccine scandal broke out in China this summer, citizens resorted to blockchain technology in the spreading of related news, to escape the central government’s censorship. It’s ironic as President Xi Jingping had endorsed the same technology at the annual conference of Chinese Academy of Sciences in May, for its breakthrough in several areas including life sciences, gene editing and regenerative medicine etc.

The saga may be a prelude for China to witness the power of Blockchain in medicine. In August, Ant Financial (former Alipay, an affiliate of the Chinese Alibaba Group) has been discreetly experimenting blockchain electronic medical bills, within two weeks, close to 600,000 medical bills were sent out. The company believes blockchain technology permits a ledger of trackable billing records, which are non-reversible and eventually eliminate repeated reimbursement.

A month later, Ant Financial and Shanghai’s Huashan hospital introduced the first blockchain powered prescription service in China. From prescribing, dispensing to delivery and collection, patients are guaranteed of a monitored process and are not afraid of any possible tampering or violating of privacy. The service is presently trailing out at the department of endocrinology, but Huashan hospital believed once it succeed, the service will be adopted hospital-wide.

In the coming AI Med Asia, Bo Wang, general business manager of Ant Financial, together with Butian Huang, the founder of Yunphant Blockchain Technologies and Leo Cai, Hyperchain Technologies’ Vice-chairman, will speak about the latest blockchain technology innovations, their impacts on Chinese AI medicine, and future developments.

Register here.

Session Focus: AI Medicine and Blockchain Technology

When: Thursday, November 8th (15.00-16.00)

A session with some of the Chinese leading blockchain technology pioneers, to uncover the potential of employing a new form of technology on an up and coming AI medicine industry.

Attendees will gain the following knowledge:

Discover the latest blockchain technology development and trends in China, get the first hand information from industry experts.

Be informed of the upcoming possibilities and challenges faced by blockchain technology and AI medicine in China and Asia.

Insight into the innovations of some of the biggest blockchain technology initiators in China and how they stand out from other technology tycoons.

Benefit from meeting with experts and like-minded attendees during the exclusive event.

Moderators:

Butian Huang, CEO and founder, Yunphant Blockchain Technologies Company, China

Bo Wang, General Business Manager, Ant Financial, China

Leo Cai, Vice-chairman, Hyperchain Technologies Company, China

Download the full agenda for AIMed Asia here.