Sirlibz
The Chinese blockchain project NEO is working together with Korea-based project FLETA on the launch of a Clinical trial data registry platform. This deal will help FLETA expand its operations across Asia.
James Song, FLETAs Global strategy head said
FLETA is seeking to expand its ecosystem into the global market. We have been mainly operating in Korea for two years and we believe we have built a strong reputation in Korea. We’re excited to bring what we have done to the global region. Working with Neo will definitely accelerate that process.
Teams from both the two projects will be working together, they will all put in their expertise and knowledge on launching the trial registry platform with the hope to eliminate Data manipulation in the Medical industry.
They will also be working with Seoul’s KyungHee University Medical Care experts while building the trial version of the Registry. The Medical Care experts will help the initiatives by providing them with diabetes data that they have collected for the past 9 years.
KyungHee University Medical Center will also participate in this project to provide diabetes data that they have been collecting for nine years. We will put all of our efforts towards developing this project to prevent data manipulation in the medical industry. We plan to make this project global, by collaborating with Neo as well.
FLETA will utilize NEOs Virtual Machine (VM) and will be working together to create many more different use cases starting off with the Clinical trial Research Registry Platform.
“Not only will we be utilising Neo’s virtual machine (VM) but we will be working together to create use cases. This Clinical Trial Research Registry Platform will be the first. “
NEO
NEO is an open source cryptocurrency, community driven platform that offers different advantages to the blockchain technology through its Smart Ecosystem which includes its Wallet, Decentralized Application platform, The developer tool, NEOVM among other interesting features.
Neo saw a 10% increase in price when announcement of this collaboration was made. The increase was seen on the 2nd of June where the price of NEO surged to 13$. It retraced back down following the sharp fall of BTC. It is currently sitting at $12.30 with a market cap of $867,728,586
