A Blockchain-Integrated Ecosystem for Clinical Trials
https://www.triall.io/
Since 2020, the world has witnessed COVID-19 directly contribute to the rapid development of healthcare technologies. As the need for a bridge between healthcare and technology continues to grow, an array of initiatives take to the helm. Medical data sharing, treatment, vaccine developments, and other national healthcare initiatives continue to rise to the challenge.
As the world emerges from the hardship of the pandemic, the renewed focus on digitization will help the healthcare industry respond faster to similar situations in the future. To facilitate this paradigm shift, Triall is pioneering a comprehensive digital ecosystem for ‘clinical trials’ — research studies that are necessary to evaluate the safety and efficacy of new vaccines and therapeutics before these can enter the market.
Triall has developed a blockchain infrastructure that ensures medical data remains tamper-resistant, thus combatting a growing number of medical data integrity and auditability problems in today’s medical research environment. Additionally, their infrastructure enables a secure and efficient connection between the many systems and parties involved in clinical trials.
About
As the first digital ecosystem for clinical trials, Triall is building a blockchain-integrated platform built to serve and seamlessly connect clinical research professionals across the globe. Based on their experience of having managed 100+ international clinical trials, the Triall team is on a mission to enable smarter, safer, and more efficient clinical trials by applying blockchain-enabled technology where it truly adds value: for the assurance of medical data integrity, and the creation of a secured infrastructure through which clinical trial systems and their users can safely communicate and collaborate. Such promises to streamline modern-day clinical trial operations, accelerating the development of safe and affordable vaccines and therapeutics into society.
The Triall Ecosystem is designed to serve the needs of all key stakeholders involved in clinical trials. Next to pharmaceutical developers and medical researchers, key stakeholders include clinical trial software providers, contract research organizations (CROs), infrastructure providers, and of course patients and trial participants.
Triall’s ecosystem utilizes blockchain-enabled technologies and open standards such as decentralized identifiers (DIDs) and verifiable credentials (VCs). It combines these into an
API-driven infrastructure to connect all of these stakeholders, and to ensure data remains secure, authentic, and traceable. Triall Ecosystem solutions are offered in a secured cloud environment and integrated with existing blockchain platforms operated by cloud storage providers and node operators, who ensure the ecosystem remains decentralized, fast, safe, and reliable.
As opposed to the modern field of medical research and healthcare technologies, Triall significantly improves upon the clinical trial domain. By bringing blockchain-enabled data verification as well as decentralized identity and access management utilities into the field, Triall significantly improves upon the latest innovations in clinical trials and aims to ensure that the day-to-day activities of medical researchers, patients, and other key stakeholders are eased, secured, and accelerated.
Triall is the world’s first organization to implement blockchain in clinical trials. They have a working commercial product, existing clients, and a revenue-generating business that they’ve been building since 2017. Combined, Triall’s team has managed 100+ clinical trials, established successful companies (both in the healthcare and software industries), and published 250+ academic papers about medical innovation, including in top-tier journals such as Science and Nature. Triall is motivated to bring the power of blockchain technology to its industry domain. Supported by an international partner and customer network, they build towards the world’s first blockchain-enabled digital ecosystem for clinical trial professionals. Triall is integrated with well-established public blockchains, and $TRL is an ERC20 token.
Blockchain-integrated solutions, developed with
and for medical research professionals
As a first demonstration of our blockchain-integrated ecosystem, we are releasing a series of targeted clinical trial software applications. We have been working closely with the medical research industry to ensure that each of these ‘eClinical solutions’ targets specific industry pain points.
The underlying product concepts have been validated with a Seal of Excellence by industry experts of the European Commission’s Horizon2020 program for top research and innovation.
Their modular but complementary eClinical solutions are all designed to greatly improve data integrity, auditability, and task efficiency in modern-day medical research processes. These functionalities answer to growing calls for data security and traceability by industry regulators across the globe.
Partners
Conclusion
We are entering an era that is characterized by the democratization of innovation. Large incumbent parties, and small niche innovators together collaborate to further the development of innovative medicine. Hand in hand with this trend, regulatory compliance is more important than ever. These developments deserve an infrastructure that supports collaboration, innovation, and compliance at the same time, and Triall offers exactly that. I am excited to be a part of this, and look forward to new innovations that build upon Triall’s ecosystem to address society’s unmet medical needs.
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