BurstIQ bagged the coveted award for Innovative Entrepreneurship in Blockchain Industry Solutions at the 2020 Enterprise Blockchain Awards hosted by Blockchain Revolution Global. It is the first blockchain company to join the UN Global Compact and is an eminent provider of blockchain-enabled data solutions for the healthcare sector. Frank Ricotta, the CEO of the company, and Chief Scientific Officer Dr. Wendy Charles were recognized as a finalist for the categories of Blockchain Leadership and the New Frontiers in Blockchain Research, respectively.

BurstIQ pledged to head the joint projects under public-private partnership to enable the Sustainable Development Goals of the United Nations. It has evolved as a market pioneer in delivering a blockchain-enabled solution for the life sciences, healthcare, and Identity and Access Management industries. Under the PPP model, the organizations and government agencies build a secure data network via the BurstIQ. This platform facilitates the management of multi-dimensional user profiles, cryptographic ownership, and consent-based access to data. The platform bridges the gap between data producers and data consumers to collaborate and exchange data in a secure and regulatory compliant framework.

The company is strategically associated under a partnership with the International Trade Administration (ITA) and is an entitled advisor to OECD and the EU Parliament. The company supports over 100 partners on five continents. The data solutions delivered under partnership consists of health information exchanges, enterprise data networks, workflow optimization, revenue cycle, know-your-customer (KYC) besides the distributed identity, personal health records, contact tracing, immunity passes, and more.

Frank Ricotta, CEO of BurstIQ, said they strongly believe in blockchain’s power that could increase both transparency and security of health and identity data. He added that being recognized by Blockchain Revolution Global certifies that they are making an assertive impact in the market, and regard this recognition as an honor.

This recognition came immediately after the company’s launch of Research Foundry, a global coalition of organizations and entrepreneurs working jointly to solve COVID-19 and other global health challenges. The declaration of association between the American Heart Association and Hitachi Vantara with BurstIQ brings together data, science, and technology to stimulate inventions in the fight against COVID-19.

About BurstIQ™ 

The company is the leading provider of blockchain-enabled data solutions for the healthcare industry. The company’s private, authorized data network empowers organizations to connect over a secured network and exchange data while maintaining compliance with a complex and evolving regulatory landscape. The platform comprehends blockchain, Big Data, machine intelligence, and granular data ownership with consent to build multi-dimensional profiles of people, places, and things that empower their interactions. This approach results in a secure data network that allows health systems, payers, digital health companies, pharma & life science companies, and governments to collaborate, share, discover, and build the impossible.

To learn more, visit http://www.burstiq.com

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