Intel, the $167 bln US-based chip manufacturer and technology company, has officially secured a partnership with Healthcare transaction service provider and software development firm PokitDok to utilize Blockchain technology in providing a more efficient platform for companies in the healthcare industry.
In April of 2016, Hyperledger, a Blockchain consortium led by the Linux Foundation, announced the introduction of Hyperledger Sawtooth Lake developed by Intel to process the secure transfer of digital assets for large-scale commercial enterprises and organization.
Within the Hyperledger consortium, member corporations and financial institutions can propose Blockchain platforms and protocols. Once proposed, they are reviewed by the Technical Steering Committee (TSC) before being approved as an official Hyperledger project.
Last year, the TSC officially approved Intel’s proposal of Sawtooth Lake and immediately dove into production and implementation. At the time, Imad Sousou, Vice president and general manager of the Open Source Technology Center at Intel, stated:
“Blockchain technology can help enable secure transfer of digital assets among known and unknown parties. Intel looks forward to collaborating with the Hyperledger Project to advance the security, scalability, and privacy of transactions in enterprise and permission-less systems.”