Using Health Data: A Sustainable Alternative to Big Tech / Ocean Protocol and Zühlke team up to push an open data economy for healthcare (FOTO)

Eschborn/Singapore (ots) - Ocean Protocol is partnering with Zühlke, a service
provider for innovation projects, technology and business expertise. The goal of
the collaboration is to co-create solutions for pharma, medtech and life science
companies that facilitate an open health data economy without losing control
over the data. While the technological basis for these solutions is Ocean
Protocol's own decentralized data exchange protocol, Zühlke will provide
expertise in evaluating and implementing innovation projects.

Shared Vision of the Healthcare Ecosystem

Stefan Grasmann, Head of Competence Center and member of the board at Zühlke
Engineering GmbH: "We have a shared vision of the healthcare ecosystem as a
sector, which has a significant potential for AI but is hampered by the
sensitivity of health data. Together with Ocean Protocol we aim to create
solutions that allow the usage of this data that is fair and safe for all
involved parties." Razvan Olteanu, Founding Team Member at Ocean Protocol and
COO at BigchainDB, adds: "Big Tech companies are already collecting and using
huge amounts of health data without compensating their owners. We would like to
create a sustainable and transparent alternative."

According to Razvan Olteanu, "Ocean Protocol wants to kickstart an open data
economy by breaking down data silos and equalizing access to data for all,
creating a marketplace for health data". For Stefan Grasmann, the topic revolves
around one central aspect: "To really ensure data privacy, the patient should
keep full control over the access to their health data and be able to answer the
following questions: Who can access my data to which degree and what is it used
for?"

Start with Lighthouse Projects

Both companies, Ocean Protocol and Zühlke, see great potential for a
decentralized marketplace for healthcare data. However, for Razvan Olteanu this
is no sure-fire success: "Just because an idea sounds good does not mean that it
can be realized. You have to start with smaller projects and then scale up.
That's why we have chosen Zühlke as our partner: They have the business know-how
to identify and challenge business models and have the track record of
implementing innovative projects across the entire healthcare sector."

The next steps in the joint efforts of Ocean Protocol and Zühlke will be
workshops to develop use cases and tailored offerings followed by a joint
approach to potential customers. Stefan Grasmann: "Ocean Protocol offers a very
promising technology for all cases where different parties want to share data
without losing control over it. We are confident that we can create first
business opportunities together with interested customers as early as in 2020."

Disclaimer: Ocean Protocol and Zühlke are two separate companies that will
continue to act as separate legal entities.

About Ocean Protocol

Ocean Protocol is a decentralized data exchange protocol to unlock data for AI,
launched in 2017. Through blockchain technology and the OCEAN token, Ocean
Protocol connects data providers and consumers, allowing data to be shared while
guaranteeing traceability, transparency, and trust for all stakeholders
involved. It allows data owners to give value to and have control over their
data assets without being locked-into any single marketplace.

About Zühlke

Zühlke is a service provider for innovation projects. By combining both business
and technology expertise, the company creates solutions that satisfy its'
customers. Zühlke develops financially successful products, services and
business models for today's digital world - from coming up with the initial idea
through to the implementation and operation. This is achieved by drawing on the
experience of over 1000 in-house experts and of more than 10,000 successful
projects.

The Zühlke Group has local teams in Austria, Bulgaria, Germany, Hongkong,
Serbia, Switzerland, Singapore and the United Kingdom. In 2017, Zühlke generated
CHF 171 million (DE: EUR 154 million UK: £135 million) in revenue.

Pressekontakt:

Steffen Spendel
Senior PR Manager
Tel: +49 6196 777 54 451
Mobil: +49 173 451 13 72
Fax: +49 6196 777 54 54
steffen.spendel@zuehlke.com

Additional content: https://www.presseportal.de/pm/105144/4544802
OTS: Zühlke Engineering GmbH

Original-Content von: Zühlke Engineering GmbH, übermittelt durch news aktuell