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The Use of AI and Blockchain in Connected Medical Devices

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Innovation Briefing: The Use of AI and Blockchain in Connected Medical Devices
7 February 2019
London

A few cases about Decentralized AI and Blockchain use for Connected Health:
1. Data Security
2. Data Anonimity
3. Parametric Applications for Health & Insurance Industries (Smart Contracts)

Published in: Technology
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The Use of AI and Blockchain in Connected Medical Devices

  1. 1. Meet LIFEdata Our mission is to turn any organization into a thinking business. By embedding a cognitive system that autonomously understands and reasons at scale on dark data generated by people and things, each organization can make the most of its unique competitive advantage.
  2. 2. Challenge 1: Data Anonimity If data is being collated from multiple connected devices, not just medical devices but consumer devices including mobile phones that can identify an owner immediately, how do you protect patient data? A possible approach: Federated Learning: Collaborative Machine Learning without Centralized Training Data Standard machine learning approaches require centralizing the training data on one machine or in a datacenter.
  3. 3. Powering the Healthcare of YOU Federated Learning enables mobile phones to collaboratively learn a shared prediction model while keeping all the training data on device, decoupling the ability to do machine learning from the need to store the data in the cloud. It works like this: your device downloads the current model, improves it by learning from data on your phone, and then summarizes the changes as a small focused update. Only this update to the model is sent to the cloud, using encrypted communication, where it is immediately averaged with other user updates to improve the shared model. All the training data remains on your device, and no individual updates are stored in the cloud.
  4. 4. Challenge 2: Data Protection Protecting Patient Data Most medical devices today collect, store and transmit patient-specific data. Blockchain provides an alternative whereby the data is cryptographically protected, immutable and private that is not possible with traditional data storage and transmission processes. Medical Devices Preventive Maintenance Through blockchain applications it’s possible for machines to share their operating data with those responsible for maintaining it without violating compliance and privacy issues. Sensitive information, such as patients who have been treated with the device, types of procedures, and the images or other information can be shared with the maintainers but can be used for auditing, reporting and compliance. Product Supply Chain Blockchain can be leveraged to keep permanent records of the development, design, production and distribution of medical devices as well as all of the parts from suppliers. Once the information is submitted to a blockchain it cannot be changed, resulting in permanent traceability for every device.
  5. 5. Data-Driven Health Automated healthcare and insurance solutions based on data detection
  6. 6. › Nominations & Awards Cube Tech Berlin 18 Digital/Physical world Automation & AI CogX Artificial Intelligence Awards London 18 Nomination Startupbootcamp Digital Health Berlin 18 Finalist (top 20 platforms 2018) Bayer G4A Grant for Apps Milan 18 Finalist Plug & Play Health & Wellness Silicon Valley 18 Nomination Startupbootcamp Fintech Amsterdam 19 Finalist (top 23 platforms 2019) Wayra UK London 18 Semifinalist F10 Zurich 18 Finalist AI WorkLab 2.0 Rome 19 Plug & Play Tech Center Silicon Valley is one of the most reputable ecosystem connecting forward thinking corporations, VC’s and the best startups of the world. Launched Paypal and Dropbox among the others. Startupbootcamp FinTech Amsterdam is the leading accelerator of startups supporting companies disrupting the Financial sector. Selected among the 23 most interesting technologies in Europe by ING, Rabobank, Achmea, Vivat, PGGM. CUBE Ecosystem is a Berlin-based innovation network that undertakes curated matchmaking between handpicked B2B deep-tech startups and corporate partners. The CogX Awards celebrates the best-of-the-best in AI and emerging technologies. Europe’s most serious accelerator program on Digital Health. Selected finalist among 4,000+ companies. Bayer G4A is a global program that offers support to startups and companies that are developing innovative solutions in health and care. The AI & Blockchain Accelerator is designed to accelerate the best AI & Blockchain start-ups in Europe to scale globally, supported by the University of Edinburgh, home to the largest centre for computing science and informatics in Europe, Telefonica and Cisco. Zurich based Fintech program working with Swiss stock exchange, Julius Baer, Baloise, Generali, Zürcher Kantonalbank, PWC, Raiffeisen, ERI Bancaire, Eny Finance. © 2019 LIFEdata SRL All Rights Reserved. Made with in| AI WorkLab 2.0 is the incubation program on Artificial Intelligence promoted by LVenture Group in partnership with American Express, Cerved, growITup, Invitalia, Sanofi, Sara Assicurazioni. AI WorkLab 2.0 selects high-tech startups with a focus on Artificial Intelligence into Fintech, Insurtech, Healthtech. https://lifedata.ai/ai-solutions

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