Aladdin Blockchain Technologies Holding SE, DE000A12ULL2

Aladdin Blockchain Technologies Holding SE, DE000A12ULL2

13.06.2018 - 12:30:45

Aladdin Blockchain Technologies Holding SE: Aladdin enters into commercial agreement with OurHealthMate, India

Aladdin enters into a commercial agreement with OurHealthMate, India   Today Aladdin Blockchain Technologies Ltd, London ("Aladdin Ltd") the 100% subsidiary of Aladdin Blockchain Technologies Holding SE ("Aladdin") has entered into a commercial agreement with OurHealthMate India ("OurHealthMate").   OurHealthMate is India's largest healthcare marketplace which is partnered with 30,000 doctors in India. Today, OurHealthMate offers more than 250,000 medical services at fixed cost through their platform offered by more than 2,000 healthcare centres in India, including the majority of the nation's largest hospital chains. All these healthcare centres are partnered with OurHealthMate.   They have reached over 400,000 transactions through their platform. OurHealthMate is recognised by clinicians of the Indian Medical Council and ensure that they only work with and provide appointments with accredited healthcare providers.   Aladdin Ltd and OurHealthMate will work together to create a new healthcare ecosystem within the Indian healthcare market. The agreement stipulates that Aladdin Ltd will establish a Big Data Platform for the medical records of Indian patients.   The agreement solidifies that Aladdin Ltd can diversify its consumer base into other substantial global markets.   Through the agreement, Aladdin Ltd will securely be able to analyse significant amounts of data, via the OurHealthMate platform. By H2 2018 OurHealthMate and Aladdin Ltd will begin the Phase 1 which will be establishing a Big data platform that has the capability of analysing more than 12 million data points.   The agreement states that Aladdin Ltd and OurHealthMate will work together to facilitate data asset creation within the Indian market starting with 500,000 medical records in H2 2018, rising up to 5 million medical records on the Big Data Platform by end of 2020.   Through this partnership, Aladdin Blockchain Technologies will be utilizing its artificial intelligence (AI) and machine learning (ML) expertise to build a stronger and more secure healthcare platform - enabling the early detection and prevention of chronic diseases within India. Aiming at significant cost savings in the healthcare market, this marketable technology is intended to create substantial value for various stakeholders in the healthcare ecosystem.   The agreement states that Aladdin Ltd will design a future use-case of a Blockchain solution for the Indian healthcare market and the partners will collaborate with hospitals, insurers, pharmaceutical companies and other healthcare institutions in India with the intention of revolutionizing and significantly expanding healthcare ecosystem.     Wade Menpes-Smith, CEO Contact: Aladdin Blockchain Technologies Holding SE, Unter den Linden 10, 10117 Berlin, Tel 030/700 140 449, Fax 030/700 140 150, email: info@aladdinid.com, www.aladdinid.com

13-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Aladdin Blockchain Technologies Holding SE Unter den Linden 10 10117 Berlin

Germany Phone: 030 700140449 E-mail: info@aladdinid.com Internet: www.aladdinid.com ISIN: DE000A12ULL2 WKN: A12ULL Listed: Regulated Unofficial Market in Dusseldorf   End of Announcement DGAP News Service

694991  13-Jun-2018 CET/CEST

@ dgap.de

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