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Full Alliance Group's Quant Blockchain Developing HIPAA-Compliant Healthcare Data Sharing Solution
Globenewswireยท2025-08-07 12:05

Core Insights - Full Alliance Group, Inc. is launching a new technology through its subsidiary Qubitera Holdings aimed at improving patient information sharing in healthcare systems, targeting a market worth $352 billion by 2032 [1][7] - The Quant Blockchain platform addresses inefficiencies in current hospital systems, which waste approximately $77.8 billion annually due to disconnected medical records [2][3] - New federal regulations mandate that all healthcare systems must connect their computer systems by January 2027, creating a pressing need for solutions like Quant Blockchain [2][3] Company Overview - Qubitera Holdings is developing the Quant Blockchain as a secure digital infrastructure to facilitate instant sharing of patient information between different hospital systems [3][4] - The company is collaborating with select hospitals to test the system ahead of the 2027 deadline and plans to announce partnerships with major healthcare systems [4] - Full Alliance Group also operates other products such as the YAHBEE Wallet for digital payments and QUBEE HIVE HOLDINGS for financial services, indicating a diversified approach to healthcare and fintech [4][5] Market Opportunity - The healthcare data sharing market is projected to grow from $84.58 billion in 2025 to $352.13 billion by 2032, while healthcare blockchain technology is expected to reach $178.91 billion by 2034 [7] - The urgency for hospitals to upgrade their systems by 2027 presents a significant market opportunity for Qubitera Holdings [3][7] Technology Features - Quant Blockchain is designed to comply with healthcare privacy laws (HIPAA) and works with existing hospital systems without requiring replacements [7] - The technology enables instant transfer of patient records, significantly reducing the time taken from hours or days to seconds [7] - It is also designed to integrate with artificial intelligence tools, enhancing decision-making for healthcare providers [7]