Everything goes into the multi-million dollar Blockchain

Everything goes into the multi-million dollar Blockchain

JACKSONVILLE, Florida, Oct. 18, 2022 (Globe Newswire) – Everything Blockchain Inc.(OTCMKTS: OBTX), a technology company that enables the real-world use of blockchain to solve critical business problems, announced today that it has entered into an agreement with SP Capital Management, LLC to develop a global medical platform (WMP) and Electronic Medical Records (EMR) built on blockchain technology. The platform, along with corresponding medical records, will be stored in a decentralized blockchain using EB Build: EBI’s patent-pending secure blockchain technology.

The new federal rule, which took effect on October 6, 2022, requires health care organizations to give patients unrestricted access to their complete health records in digital format. It is essential to protect this information from potentially bad elements. The global medical platform enables these medical records to be stored on a blockchain technology that enables individuals to secure personally identifiable information (PII) and personal health information (PHI) while providing an immutable health record. The global medical platform will act as a one-stop shop for those looking to take charge of their health information and keep it safe.

“Our global medical platform will be a game-changer to maintain the security of medical information and give data owners complete control over how it is shared,” said Sandy Lipkins, President of SP Capital Management. “Everything Blockchain technology provides consumers, payers, medical providers, and systems with peace of mind knowing that there is an immutable record.”

The agreement consists of three phases: (1) design, (2) development, and (3) implementation. EBI will be compensated for the design and development cost of $1.25 million in cash and $5.0 million in nominal compensation. EBI will receive transaction fees for the life of the system.

BIS Research It is estimated that immediate application and integration of blockchain in healthcare could save more than $100 billion annually in costs related to IT, operations, support functions, personnel, and health data breaches by 2025.” Partnering with SP Capital Management, to provide a world Emirates International, The Wellness platform enables us to enter a market that is only growing in importance and importance.”With our patent-pending blockchain technology as a foundation, users will be empowered to securely store their medical data, forever.”

For more information on EB Build, please click here. For more information about EBI, visit everything

About everything Blockchain, Inc.
Everything Blockchain, Inc. envisions (OTCMKTS: OBTX) A future in which every transaction and blockchain is trusted to achieve ESG’s goals, support cities of the future, build transparency and control of supply chains, and ensure data ownership rights are preserved forever. The company’s patent-pending advances in blockchain architecture offer the essential elements needed for business use in the real world: speed, security, and energy efficiency. Current sub-brands include: EB Advise, EB Build and EB Control. For more information, please visit the website https://www.everythingblockchain.io/

forward-looking statements
This press release contains “forward-looking statements” that are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “expect”, “seek”, intend”, “believe”, “estimate”, “expect”, “project” or “plan” or Similar statements may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those projected in any forward-looking statements due to several factors. These factors include, among other things, the inherent uncertainties associated with new ventures, The future US and global economy, the impact of competition, and the Company’s reliance on current regulations regarding the use and development of blockchain and zero-trust products These forward-looking statements are made as of the date of this news release, and we assume no obligation to update forward-looking statements, or to update the reasons why actual results may differ. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no guarantee that any such beliefs, plans, or expectations T or intentions will prove to be accurate.

        

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