Share this article

South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data

The government has asked startup Sendsquare to develop a proof-of-concept blockchain registry to help analyze, anonymize and store clinical diabetes data.

Updated Dec 10, 2022, 2:31 p.m. Published Jun 29, 2020, 8:46 a.m.
Seoul skyline
Seoul skyline

The South Korean government wants to develop a blockchain registry to help analyze, anonymize and store clinical data for diabetes.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Blockchain startup Sendsquare has been selected by the government to develop a proof-of-concept project for the nation, which has around 3.6 million people with diabeteshttps://www.diabetesatlas.org/upload/resources/material/20191218_144459_2019_global_factsheet.pdf, the company announced on Friday.

The startup will team with clinical experts and practitioners from Seoul's KyungHee University Medical Center to begin analyzing nine years' worth of diabetes clinical data previously collected by the center.

“Storing and collaborating work across a large volume of data using centralized services has proven unwieldy and subject to issues of data loss, duplication and manipulation," according to KyungHee Medical Center's Professor Suk Chon.

Sendsquare's blockchain "can help us to solve data storage problems, and in the long term help diabetes sufferers nationally,” the professor said in a press statement.

The project will take an estimated six months to complete, with the initial objective to analyze the data working to anonymize it before finally implementing the data onto a registry which will be recorded on an unspecified blockchain platform.

See also: South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations

After the blockchain application has been developed, Sendsquare will seek independent verification from Korea’s Telecommunications Technology Association (TTA).

Sendsquare is a blockchain startup responsible for the development of the South Korea-based FLETA blockchain which was previously charged with building a proof-of-concept network for the nation’s healthcare system.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Dogecoin Hovers Near Key Support as Fed Easing Fails to Spark Risk Rally

(CoinDesk Data)

Despite elevated trading activity, Dogecoin faces resistance near $0.1425, and its future movement is likely dependent on broader market sentiment.

What to know:

  • The Federal Reserve's 25-basis-point rate cut has led to mixed market reactions, with Dogecoin trading quietly within its established range.
  • Dogecoin's price remains stable between $0.13 and $0.15, with whale wallets accumulating significant amounts of the cryptocurrency.
  • Despite elevated trading activity, Dogecoin faces resistance near $0.1425, and its future movement is likely dependent on broader market sentiment.