HealthSpace Announces Blockchain Network for Decentralizing Quality Control and Safety Audits

Healthspace Data Systems (CSE:HS) has announced that it intends to release its alpha prototype testing blockchain based quality and safety audits in Q1 2018.
As quoted in the press release:

This will include cannabis production, the food service and hospitality sectors and various government agencies.

HealthSpace is in the final stages of developing its whitepaper for a decentralized verification, inspection and audit blockchain network. This whitepaper will provide the guiding basis for defining business strategy and use cases as well as outlining the technical thesis on how HealthSpace and partners will achieve this vision. HealthSpace is creating the whitepaper in conjunction with its blockchain partners at SIMBA Chain Inc. and the Vanbex Group along with Etherparty.
The prototype will be used to demonstrate how HealthSpace’s next phase of technological advancement will benefit both public and private sectors alike. HealthSpace intends to create a blockchain based network that supports commerce between government regulation and private business providing direct, trusted and immediate interaction to facilitate increased efficiencies and reliability of business transactions. Creating a decentralized network which allows for third party quality and safety audits to be chained to government inspection, verification and oversight, will allow for completely transparent and rapid commerce, in addition to boosting consumer confidence.
Ian Taylor, a SIMBA Chain CTO and Research Professor of Distributed Computing and Data Science at Notre Dame, commented “I’m very excited to be working with this team on an innovative, disruptive strategy that will pave the way for a new decentralized ecosystem of next generation inspection/auditing applications. The network we are developing will give third party applications seamless access to the underlying blockchain thus enabling companies to remove any inspection controller or broker out of the picture entirely.”

Click here to read the full press release.