- Hippocrat uses Filecoin and Lighthouse for secure medical data storage, keeping patient control and privacy intact.
- F3 upgrade cuts transaction time, boosting security and efficiency for decentralized storage.
Hippocrat, a healthcare platform, has partnered with the Filecoin network via Lighthouse to protect and encrypt patient medical data. Under this strategy, people keep complete control over their information and healthcare facilities may guarantee more security and privacy.
How Filecoin Protects Patient Records from Data Breaches
One of the main issues facing healthcare nowadays is that centralized servers used in data storage still provide information breaches or hacker vulnerability. Healthcare data kept decentralized with Filecoin means that no one entity has complete control over it. Patients still have access to their records, but without running the danger of careless parties snatching information.
Furthermore, Hippocrat’s Lighthouse technology makes permanent storage possible using a one-time payment mechanism. As a result, patients and medical institutions can store data securely without dealing with repeated storage costs.
Hippocrat x Filecoin @Hippocrat_io is using Filecoin’s decentralized storage via @LighthouseWeb3 to keep healthcare data secure, private & patient-owned. Patients stay in control, institutions ensure security. A new era for healthcare data starts now! pic.twitter.com/eESKNAEFIy
— Filecoin (@Filecoin) February 2, 2025
F3 Upgrade: Faster, Safer, and More Efficient
On the other hand, Filecoin upgraded significantly in September 2024 under the name Fast Finality (F3). On this network, the transaction finalizing process used to take about 7.5 hours in past. With F3, that time is shortened to only few minutes! Consider the effect for industries like the healthcare sector that depend on real-time data.
F3 depends on the GossiPBFT technique, therefore enhancing Filecoin network responsiveness, security, and efficiency. Therefore, not only the healthcare sector gains but also several other businesses depending on quick and safe storage options.
South Korean Traders Can Now Buy FIL with KRW
Not just with regard to data storage, Filecoin is also progressively within reach of traders. According to CNF prior report, Bithumb now offers Filecoin (FIL) trading with Korean Won (KRW) fiat. For South Korean users and investors looking to use decentralized storage without first needing to swap money, this is fantastic news.
Particularly in terms of increased adoption in the Asian market, which is recognized for its explosive expansion in the blockchain and crypto space, this phase surely benefits the Filecoin ecosystem.
Still, FIL’s price exhibits very great fluctuation in spite of several technological and adoption developments. After a 2.14% pullback in the past 24 hours and a drop of 31.25% in the past week, FIL is trading at $3.14 as of press time.
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