A couple of the most significant health insurance companies from the U.S. declared Monday they’d pursue a blockchain pilot targeted toward enhancing the standard of healthcare information.

UnitedHealth Group and Humana – that are mostly contested from the medical insurance sector – stated they’d grow the pilot in collaboration with MultiPlan and Quest Diagnostics. UnitedHealth Group will take part via among its subsidiaries, UnitedHealthcare and Optum.

Reported by an announcement published by the firms included:

The pilot will examine how sharing data across healthcare organizations on blockchain technology can improve data accuracy, streamline administration and improve access to care.

It is not clear at the moment if the pilot could involve a present stage or the evolution of a completely new one. Humana and UnitedHealth did not respond to requests for info.

Nonetheless, the pilot is currently targeting a major factor point in the medical business, information reconciliation, that according to one estimate prices up to $2.1 billion in annual spending. And companies including UnitedHealth have eyed blockchain for possible programs previously; past week, several carriers and reinsurers established a new business enterprise that grew from a present consortium effort.

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