Gem

Gem

The Bitcoin hierarchical deterministic wallet developed by blockchain technology provider Gem has become an industry standard.

Gem has a core platform for building blockchain application layer solutions, including four products: identity, logic, data, and network, which together can build a complete blockchain ecosystem and applications. GemOS is a proprietary technology that can be used in any blockchain.

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Essentially, GemOS is the infrastructure for deploying decentralized applications and platforms. Through Gem, financial institutions, medical companies, and a large number of data-dependent companies will be able to connect existing systems to the GemOS blockchain network in the future, thereby realizing automated management and data sharing within the connected system.

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GemOS has improved its scalability and speed of real-time data and identity access (its blockchain grants permissions to anyone on the network). The faster automation process combined with additional security measures can enable any organization that needs to transfer and manage sensitive data to realize the integration of microservices-based infrastructure. The integration of the GemOS blockchain will allow companies with a large amount of data to manage access to resources among employees, consumers, and cooperative organizations, without the need to issue temporary database access permissions required in traditional cloud infrastructure platforms.

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Project founder Micah Winkelspecht said its technology is already gaining traction in the healthcare industry.

Currently, Gem is cooperating with many companies in the healthcare industry, and has signed non-disclosure agreements for cooperation with many companies in the medical industry. The shared ledger and data security platform developed by Gem is transitioning use cases from prototype to production with the goal of creating a secure, transferable strong record for medical data.

Gem is discussing how to organize data information from people's entire medical experience into a single system that can be transferred between multiple medical companies.

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