Through blockchain The government of Austria is supporting a UK cancer research company to detect the disease. The government is doing this support as part of its campaign to promote the technology, according to a press release shared with Cointelegraph on November 10.
By developing a device to detect multiple types of cancer and record the results of screening tests with intelligent contracts in blockchain, Lancor Scientific plans to open a research laboratory in the city of Graz.
Similarly Google’s lymph node assistant, the cancer detection tool published in October using artificial intelligence (AI), Lancor Scientific’s offering has as its primary target an accuracy of 90 percent. Lancor will also work with several universities, including the Technical University of Graz, the Medical University of Graz and the Sigmund Freud University of Vienna, on international research projects, the press release states.
For the Minister of Foreign Affairs of Austria, Margarete Schramböck, commenting on the tests of implementation of the blockchain in the Austrian government, stressed that the blockchain is an area of considerable interest at the state level. “Blockchain is definitely one of the important new technologies,” he said.
According to the press release, the Austrian government will grant Lancor Scientific grants over a five-year period for facilities, “research teams, access to academic expertise and management of clinical trials.
Austria since the beginning of cryptocoins has traditionally tried to encourage innovation in both blockchain and crypt, remaining open to experimentation in legislation, The capital, Vienna, has seen several attempts to expand public awareness of the phenomenon, including a “cryptocoins bank” in 2017.
Recently the change of position of neighboring Germany on the Bitcoin (BTC) allowed a Munich-based casino ship at the country’s first Bitcoin ATM in several years across the border with Austria. Meanwhile, in September, the government decided to issue $1.35 billion in bonds on the Ethereum (ETH) blockchain.