DGAP-Adhoc: Aladdin Blockchain Technologies Holding SE: Aladdin enters into commercial agreement with OurHealthMate, India
Aladdin Blockchain Technologies Holding SE: Aladdin enters into commercial
agreement with OurHealthMate, India
13-Jun-2018 / 12:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*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 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
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
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
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
Aladdin Blockchain Technologies Holding SE, Unter den Linden 10, 10117
Berlin, Tel 030/700 140 449, Fax 030/700 140 150, email: email@example.com,
13-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Company: Aladdin Blockchain Technologies Holding SE
Unter den Linden 10
Phone: 030 700140449
Listed: Regulated Unofficial Market in Dusseldorf
End of Announcement DGAP News Service
694991 13-Jun-2018 CET/CEST
(END) Dow Jones Newswires
June 13, 2018 06:26 ET ( 10:26 GMT)
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