US Navy Awards Consensus Networks $1.5M Contract For Blockchain Enabled Logistics Tool, HealthNet | Coronavirus

SOUTH BEND, Ind., Might 18, 2021 /PRNewswire/ — The Division of the Navy awarded Consensus Networks a $1.5M contract for its blockchain enabled logistics device, HealthNet. Medical Provide Chain breakdowns made headlines all through the Covid-19 pandemic and Consensus Networks’ expertise is being superior to make sure the Navy is using essentially the most present expertise to handle their medical stock at residence and overseas.

The platform can be piloted in late 2021 with a deal with correct demand forecasting and automatic movement of provides for true just-in time supply of important merchandise similar to blood and plasma.

HealthNet is designed for medical operators using an built-in information setting and intuitive front-end able to monitoring medical provides from producer or provider to affected person, saving time and lowering waste.

Key options embody:

Actual-time stock monitoring
Expiration and consumable monitoring
Modular API integrations
Chilly-chain/product high quality verification
EHR/ERP Integration
Actual-time demand prediction and provide planning
Cross-hospital load balancing of provides

The platform is constructed utilizing fashionable cloud native internet architectures and is designed to seamlessly combine alongside present provide chain infrastructure to reduce disruptions in present workflows.

Blockchain is used to safe features of the platform, together with trusted IoT compute and immutable audit trails utilizing IoTeX and Factom blockchains respectively. “We select to construct utilizing public blockchain networks due to their present and strong consensus mechanisms and community infrastructure.” Says CEO Nate Miller.

Important networks, like healthcare, endure cyber assaults on a regular basis. Blockchain expertise and distributed networks are able to being resilient within the face of such assaults, guaranteeing very important processes and knowledge movement will not be disrupted.

“Correct forecasting and supply of medical provides to our forces overseas is of the utmost significance.” Says Miller, himself a former US Navy Officer. “Decentralized networks have the potential to be a strong device for info assurance and availability to distributed US Navy forces.”

The contract runs into 2022 and is valued at over $1.5M. Consensus Networks is partnered with conceptu.al and Healthcare Forward for growth help and scientific healthcare experience.

Media contact: Nathan Miller, info@consensusnetworks.com

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SOURCE Consensus Networks