CyberVein reinvents decentralized databases and the way we secure and monetize information.
CyberVein takes focus on the fact that data is getting created at an astonishing space; however, states that the quality and quantity is limited. Particularly in the medical industry, they point to how hard it is to integrate decentralized data citing to the fact that the cost involved in huge.
They call that there is a “data Island” problem, which is the problem in ensuring the flow of data as different kinds of data are stagnant in different areas. Also, even if they are willing to exchange the data intentionally there are policy issues due to data privacy and data security.
CyberVein take to using blockchain as the core tool to integrate data in different aspects and angles in a way setting the infrastructure for the flow of data.
They use “Federal Learning” to solve joint modeling of companies. They make use of an encryption mechanism, which is the parameter exchange method they use and therefore the data itself does not move. Therefore, this virtual shared model is not subject to violation of data privacy regulations.
Thus, they help achieve the goal of common prosperity. Developers are currently working on Medical, smart products and generic security.
Cybervein have completed a Medical Case Study and Demo and they have developed an online medical assistant APP. They have done this with Zhejiang University-CyberVein R&D. This project opens up the logic of the medical business. Thus, makes it possible to provide patients with registration, inquiries, filing, and prescription drugs. Thus, they realize the sharing of medical records between hospitals within the ecosystem. Further, it can also provide for data storage, protection and support for hospitals in the alliance ecosystem.
Thus, uniformly encrypting the chain and back up to the Cybervein data Center. Reportedly, the first application on the main-net of the CyberVein will launch in Zhejiang province in early 2021.
Cybervein recently spoke about CROSS which is a decentralized platform aiming to solve the problem of data ownership, help to gain control of your own data and establish a secured NFT auction platform that allows all artists to enjoy creative freedom and we firmly support all artists to defend their copyrights.
Those who are already are familiar with Cross know that it is a phenomenal project. For clarity, Cross is the world’s first decentralized NFT issuance and auction platform. Those who are new should experience the fun of NFT auction.
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