Chief Trust Officer at LUMEDIC

Biography

Jim is the CTO of The Dinocrates Group, a Maryland-based boutique strategy and advisory firm, and the founder of the Institute for Healthcare Financial Technology. As CTO, Jim leads the Dinocrates Transformational Technology Services to assist public and private sector clients understand and adopt the latest advances in Blockchain, artificial intelligence (AI), robotic process automation (RPA) and cloud technologies. Given the dramatic changes in technology and healthcare delivery, Jim recently founded the Institute for Healthcare Financial Technology, which upon inception will be a non-profit organization dedicated to improving the healthcare value chain to reduce costs and streamline access and delivery of healthcare. IHFT builds on the innovations of financial, insurance and healthcare technology, especially in such concepts as distributed ledgers, blockchain, Robotic Process Automation (RPA) and Artificial Intelligence (AI). Jim is a 2019 FedHealth IT 100 winner, and is also active in the Healthcare Committee for the Government Blockchain Association, and co-lead of the HIMSS Healthcare Blockchain Working Group. He is an advisor to multiple healthcare Blockchain start-ups, and guest lectures on Blockchain and technology at Universities and Industry. Jim is a veteran and former naval officer, having served in both active and reserve capacity.

Description

In global healthcare, the focus on delivering services to the patient have been built around centralized healthcare systems collecting and managing all patient information. This has led to challenges in protecting the security and privacy of patients in a centralized repository or institution, as well as difficulties for the patient to maintain data access and consent. This has been exacerbated in the period of the COVID 19 pandemic, where more patients seek telehealth services and may be seen at caregivers other than their primary location. The time has come for a decentralized, “patient-centric” approach to health data management, that embodies privacy and consent while orchestrating data access remotely and/or amongst multiple providers. This is coupled with a growing need for a digital identity that can be credentialled when vaccination and immunity becomes a prerequisite for a return to work or travel. This presentation will discuss the foundations of decentralized identity and a standards-based framework to develop and adopt them.