Following a $3.5m seed fund investment, blockchain start-up Curisium has announced plans to develop its blockchain platform for healthcare payments. The company is working with the University of California, San Francisco (UCSF) and other institutions on developing an open source version of their platform. The investors from this round included Flare Capital Partners, New Enterprise Associates and Green Bay Ventures. Curisium CEO Peter Kim said he hopes to further encourage healthcare stakeholders toward alternative payment methods by using blockchain to get around implementation obstacles caused by "costly logistics, lack of trust and difficulty verifying patient-level outcomes".
Following a $3.5m seed fund investment, blockchain start-up Curisium has announced plans to develop its blockchain platform for healthcare payments. Curisium's platform uses blockchain technology to enable payers, providers and life science companies to engage in value-based contracts for patients. The investors from this round included Flare Capital Partners, New Enterprise Associates and Green Bay Ventures. Curisium CEO Peter Kim said he hopes to further encourage healthcare stakeholders toward alternative payment methods by using blockchain to get around implementation obstacles caused by "costly logistics, lack of trust and difficulty verifying patient-level outcomes".