GTAcom (CEO Beom-yong Lee) and Seoullabs (CEO Do-hee Jang) announced on the 12th that they have signed a memorandum of understanding (MOU) to launch a “Global Health Data Service Using VitalRing.”
Under the agreement, Seoullabs will integrate GTAcom’s VitalRing technology into its blockchain-based platform to support personalized healthcare services.
This blockchain-powered service is designed to address the global challenge of an aging population. More than a simple wellness check-in, the service enables real-time health monitoring and communication through actual biometric data. It also ensures data sovereignty by allowing users to pseudonymize and securely utilize their health data, with a reward system planned to incentivize participation.
Seoullabs CEO Do-hee Jang stated, “By introducing this blockchain-powered ring service, we expect to expand the global healthcare data ecosystem and contribute to various fields such as research. This initiative presents a real opportunity for operating a practical global health support service, not just for active seniors but for a broader population.”
Seoullabs is currently expanding its presence across Asia, including securing a government project in Laos and establishing a local subsidiary in Thailand. The company is also exploring integration of its proprietary wallet service ‘ZIGAP’ with the Blockchain Ring system.
GTAcom recently declared the commercial launch of the VitalRing service and is actively engaging in marketing activities. The company plans to officially introduce its second-generation VitalRing at the promotional exhibition during the 10th Global Conference of the Alliance for Healthy Cities, held at Dongdaemun Design Plaza (DDP) in Seoul starting on the 25th.
GTAcom CEO Beom-yong Lee explained, “VitalRing offers a stable and accurate healthcare data collection and management service, based on three years of clinical testing with local governments and hospitals.”
Through this partnership, the two companies aim to tokenize healthcare data via blockchain to expand into financial services such as Security Token Offerings (STO) and Real World Assets (RWA), while also building a new ecosystem focused on data sovereignty and early-stage disease prevention. They plan to collaborate with various partners to scale and expand the service.
Source: The Stock (https://www.the-stock.kr)
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