German Consulting Firm Camelot launches Blockchain

German Camelot Consulting Group has advanced a Blockchain-based resolve for medical data management, as it was reported by Cointelegraph auf Deutsch
10 April 2018   707

The firm aims to suggest the healthcare industry a secure digital platform for the exchange of patient data using its Hypertrust X-Chain data management system. It aims to ensure all customers that are authorized to participate in the therapy process with decentralized Blockchain-based data storage.

According to the company report, all data operations are encrypted and kept on an unchangeable Blockchain and will be performed directly between the authorized participants. It will also let the "integration of partner systems", "real-time temperature, location and quality control as well as reliable proof of origin".

In order to illustrate the merits of the new system in comparison to conventional methods, Camelot Consulting Group uses the sample of extracorporeal cell therapies in which patients' cells are removed and processed in a compound, multistage process.

Hypertrust X-Chain's closed-loop produce chain approach precludes any mess or misuse of samples and data during therapy. The system matured by Camelot Consulting Group is exactly one of an even longer list of Blockchain projects for data management. Chile's national energy regulatory organization declared some days ago that it will manage national energy sector data through an Ethereum-based platform.

Polish major bank PKO Bank Polski recently confirmed its purpose to introduce a Blockchain-based storage and verification system for the administration of its customers` documents.

Audi is also presently testing its own Blockchain technology for maintaining physical and financial distribution processes in international logistics.

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   134

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.