PYMNTS.com December 7, 2021
Emily Sanders

Verida, a personal data network owned and controlled by users, is joining forces with global healthcare FinTech MAPay to provide a decentralized health technology network in Bermuda using the Algorand blockchain, according to a recent press release.

MAPay, which has developed a hybrid architecture of centralized and decentralized guidelines for multi-party medical payments and HIPAA-compliant data exchange, will build its healthcare solutions in tandem with Verida, which provides decentralized identity, trusted storage, personal data ownership, decentralized messaging and connectivity to the Algorand blockchain.

MAPay is creating health technology solutions in Bermuda for health provider credentialing services, patient health data solutions and healthcare payments, according to the announcement. Verida will leverage Algorand for smart contracts and cross-border blockchain-based stable coin payments...

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Topics: Blockchain, Technology
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