Community Trust ScoreVerified
SECANT and IOTA are collaborating to support health organizations in the fight against cyberattacks.
“SECANT (Security and Privacy Protection in Internet of Things Devices) is an EU-funded international collaboration between healthcare and security tech organizations; the IOTA Foundation will play a leading role in developing the project’s trust and accountability technology.”
Reportedly, the Foundation is proud to have been awarded a grant of €535,000 to participate in SECANT (Security and Privacy Protection in Internet of Things devices), a European Commission-funded project which is a part of the Horizon 2020 research and innovation program, which in turn will develop a state-of-the-art secure ledger infrastructure to and also a threat intelligence and mitigation platform in the field of e-health.
SECANT was launched on 27 and 28 September 2021 and is scheduled to run until August 2024.
Thus, IOTA is continuing to develop trust and accountability technology for the European healthcare industry.
Creation and sharing of data is very important in the health industry. This can be about data generated by patients using wearable devices or by medical instruments, or data which is used to manage patient health and hospital performance, or data that is used in health research and health policymaking. For everything, data is the lifeblood of healthcare and health research.
Community Reaction: Yet another validation point for the technology and tokenization of IOTA. We are just quietly building an ecosystem that is going to change the world.
The task of ensuring security, privacy and integrity of data is vital. Particularly so for data linked to patients’ medical records. The health industry continues to experiences more data breaches than any other sector per several surveys around the world.
Just like paper records, digital records are also vulnerable to hacking. There are possibilities for misuse and technical errors. These vulnerabilities have occurred under scrutiny during the Covid-19 pandemic due to controversies related to different track and trace app-based systems which have been implemented by governments from across the globe.
These have been described by academia as stress tests for privacy, GDPR, and data protection regimes as vulnerability of health-related data is not just a privacy issue. It also causes major financial damages.
IOTA provides for the technological infrastructure and protocol, which enables simultaneous access, validation and immutable record updating in a network that has been spread across many entities or locations. The IOTA Foundation is uniquely placed to help create an infrastructure meant to securely control the authenticity and sharing of health-related data.
