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Brainomix AI Technology Improves Access to Stroke Treatment across the NHS

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  • A report from a study independently conducted by the Oxford Academic Health Science Network (Oxford AHSN) has reported that sites with e-Stroke AI software deliver more treatments for stroke patients in a faster time.

OXFORD, England, Aug. 8, 2023 /PRNewswire/ — More stroke patients are benefiting from life-changing treatment thanks to Brainomix’s e-Stroke AI platform, according to a recent report from the Oxford Academic Health Science Network (Oxford AHSN).

Brainomix’s e-Stroke imaging technology uses artificial intelligence (AI) to automatically process CT and MRI scans and alert doctors in real-time about those patients who would benefit most from mechanical thrombectomy (MT), a life-changing treatment which can reduce disability and prevent or limit long-term care needs in patients with the most severe strokes due to blockage of a large blood vessel supplying the brain. Prompt recognition of this type of stroke and transfer to specialist centres for treatment is vital to ensure best possible outcomes for patients.

Many stroke patients in the UK who could benefit from mechanical thrombectomy do not receive it. This specialist procedure is done by interventional neuroradiology teams located in only 25 of the 170 acute hospitals across England. Most patients with a suspected stroke are first assessed at their local hospital A&E, so patients who might benefit from thrombectomy need to be quickly identified and transferred to a specialist centre before irreversible brain injury has occurred. Identifying patients for transfer relies on interpretation of the brain scan at the local hospital, which can be challenging.

Twenty-four (24) hospitals across England are taking part in an independent evaluation of e-Stroke led by the Oxford AHSN. e-Stroke securely processes CT and MRI brain scans in less than two minutes and sends the results to the doctor’s smart phones as well as hospital systems. e-Stroke connects specialists at different hospitals in a network to improve communication and coordination of care.

Interim findings from an independent evaluation of e-Stroke by the Oxford AHSN showed that the average treatment rate in the e-Stroke hospitals was more than 55% higher than the national average having been the same at baseline. Treatment rates rose to 5.7% at e-Stroke hospitals compared to the national average of 3.6%, an uplift that reflects hundreds more patients receiving life-changing MT treatment and avoiding the long-term effects of stroke. Some of the highest performing hospitals taking part in the evaluation reached MT rates over 10%, the target set out in the NHS Long Term Plan. The results are highlighted in this video from Brainomix.

After Brainomix secured the NHS AI in Health and Care Award in 2020, the Oxford AHSN supported the spread and adoption of e-Stroke through participating Integrated Stroke Delivery Networks (ISDNs). The Oxford AHSN is carrying out a detailed evaluation of the impact of e-Stroke on patient and clinical outcomes, pathways and productivity.

The independent evaluation also includes feedback from participating NHS specialist doctors. More than three-quarters felt e-Stroke helped to identify more patients for treatment and improved communication between hospitals. In addition, more than two-thirds felt e-Stroke speeded up decision-making and access to MT.

Professor Gary Ford CBE, FMedSci, Chief Executive of the Oxford AHSN and a Consultant Stroke Physician at Oxford University Hospitals, said: “Harnessing AI imaging technology within stroke networks has the potential to transform outcomes for many more stroke patients. We have worked with Brainomix and our NHS partners to ensure widespread adoption of e-Stroke and the evaluation is providing more evidence to support further spread.” 

Dr George Harston, Chief Medical & Innovation Officer at Brainomix and Consultant Stroke Physician at Oxford University Hospitals, commented: “The NHS AI Award enabled us to deploy e-Stroke across a range of urban and rural NHS hospital networks, and to have the impact of the AI technology on stroke patient care independently evaluated by the Oxford AHSN. The interim results are very impressive, with e-Stroke sites achieving much higher rates of thrombectomy, ensuring access to life-changing treatment for more patients across the country. Feedback from NHS colleagues reported that the software is helping them to deliver a more efficient and effective stroke services for their patients. We look forward to seeing more results as they come out, building on the largest real-world and independent evaluation of a stroke AI imaging platform.”

About Brainomix

Brainomix specializes in the creation of AI-powered software solutions to enable precision medicine for better treatment decisions in stroke, lung fibrosis, and cancer. With origins as a spin-out from the University of Oxford, Brainomix is an expanding commercial-stage company that has innovated award-winning imaging biomarkers and software solutions that are used in more than 30 countries worldwide. Its first product, the Brainomix 360 platform, provides clinicians with the most comprehensive stroke imaging solution, driving faster treatment times and improving functional independence for patients.

To learn more about Brainomix and its technology visit www.brainomix.com, and follow us on TwitterLinkedIn and Facebook.

About Oxford AHSN

The Oxford Academic Health Science Network gets clinical innovation into everyday practice to improve health and generate economic growth through partnerships between the NHS, industry and research.

www.oxfordahsn.org 

Contacts:
At Brainomix
Jeff Wyrtzen, Chief Marketing & Business Development Officer
[email protected]
M +44 (0)7927 164210
T +44 (0)1865 582730

Media enquiries (Brainomix)
Charles Consultants
Sue Charles
[email protected]
M +44 (0)7968 726585

Logo – https://mma.prnewswire.com/media/1989193/3856380/Brainomix_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/brainomix-ai-technology-improves-access-to-stroke-treatment-across-the-nhs-301891489.html

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China Targets Crypto Crimes in Metaverse & Blockchain

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The Supreme People’s Procuratorate (SPP) of China is targeting cybercriminals using blockchain and metaverse platforms for illegal activities amid rising online fraud and personal data infringement.

Deputy prosecutor-general Ge Xiaoyan reported a 64% year-on-year increase in cybercrime-related telecom fraud charges. While blockchain crimes are rising, traditional offenses like gambling and counterfeiting have also expanded into cyberspace. Charges for internet theft rose 23% while online counterfeiting surged 86%.

Between January and November, prosecutors pressed charges against 280,000 individuals in cybercrime cases, up 36% versus last year and constituting 19% of all criminal offenses.

Zhang Xiaojin, director of the SPP’s Fourth Procuratorate, warned citizens about investment scams in crypto, noting the rise of crimes using metaverse, blockchain, and binary options platforms. He said digital currencies have become hotspots for illicit activities.

China’s crackdown on crypto crimes differs from Hong Kong’s crypto-friendly regulations that aim to protect investors without stifling innovation. The People’s Bank of China stressed the need for coordinated global crypto regulation in its latest report.

In 2021, China officially banned crypto transactions and mining but remains a major mining hub despite the crackdown. The SPP aims to strengthen inter-departmental coordination in curtailing crypto adoption and cybercrimes involving digital assets.

Source: Crypto Times

The post China Targets Crypto Crimes in Metaverse & Blockchain appeared first on HIPTHER Alerts.

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Crypto Headlines of the Week: ECB Slams Bitcoin, Nigeria Blocks Exchanges

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The European Central Bank (ECB) has once again lashed out at Bitcoin, claiming that the recent approval of spot BTC ETFs changes nothing.

The central bank’s officials said Bitcoin’s fair value is zero, and the latest boom will spark massive collateral damage.

They claimed Bitcoin falls short in generating cash flow or other value-based returns, making it a poor investment.

While the ECB’s skepticism towards Bitcoin is not new, Nigeria is also growing skeptical of digital assets and crypto exchanges.

In an effort to crack down on currency speculation while the naira tumbles to record lows, Nigeria has ordered telecom companies to restrict consumer access to the websites of companies like Binance, Coinbase, and Kraken.

Here are this week’s important crypto stories:

ECB Slams Bitcoin Again
The European Central Bank (ECB) has reiterated its position on Bitcoin, stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment.

“We disagree with both claims and reiterate that the fair value of Bitcoin is still zero,” the central bank wrote.

ETF approval for Bitcoin – the naked emperor’s new clothes (ECB Blog)

Kraken Files to Dismiss SEC Lawsuit
Crypto exchange Kraken has filed a motion to dismiss a November lawsuit from the Securities and Exchange Commission that accuses the firm of failing to register with the agency and commingling customer funds. The exchange contended that the SEC’s enforcement action came as retaliation for political speech.

Kraken moves to dismiss SEC lawsuit, citing retaliation from ‘a politically compromised agency’ (Fortune)

Nigeria Blocks Major Crypto Exchanges
Authorities in Nigeria have blocked access to some of the world’s largest cryptocurrency exchanges as the government tries to crack down on currency speculation while the naira tumbles to record lows.

On Wednesday, the country’s telecom regulator ordered telecom companies to restrict consumer access to the websites of companies like Binance, Coinbase, and Kraken.

Nigeria blocks access to crypto exchanges in an effort to curb currency slide (The Financial Times)

FTX Cleared to Sell Stake in AI Startup
A US judge has ruled that bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic.

US Bankruptcy Judge John Dorsey in Wilmington, Delaware, approved FTX’s proposal to sell the shares after FTX reached a compromise in court with a group of FTX customers that had opposed the sale.

Crypto exchange FTX to sell shares in AI startup Anthropic (Reuters)

Jack Dorsey’s Block Gains Big From Bitcoin Bet
Fintech company Block has reported a remeasurement gain of $207 million on its Bitcoin holdings. As of December 31, 2023, Block held approximately 8,038 BTC for investment purposes with a fair value of $340 million.

The Jack Dorsey-owned company made $66 million in gross profit on bitcoin sales last quarter through Cash App, a banking services platform, representing a 90% increase year over year.

Jack Dorsey’s Block Is Sitting on $207M Gain on Its Bitcoin Bet (CoinDesk)

Reddit Now Holds Bitcoin
Social media platform Reddit has revealed investments in Bitcoin and Ethereum using some of its excess cash reserves. This was included in the SEC filings as part of its preparations for the company’s initial public offering (IPO).

Still, the exact amount invested in these leading cryptocurrencies remains undisclosed.

Reddit says it invested ‘excess cash reserves’ in Bitcoin, ether (Blockworks)

Crypto Super PAC Continues to Raise Funds
Crypto-friendly super PAC Fairshake received $6.8 million in funding last month, including $4.9 million from Gemini co-founders Cameron and Tyler Winklevoss. Fairshake has quickly become one of the most popular super PACs for crypto-friendly donors this election cycle.

Crypto Super PAC Fairshake Raised $6.8 Million From Winklevoss Twins and VCs in January (Decrypt)

Major ETF Issuers Talk About Crypto in Miami Conference
The discussion on the spot Bitcoin ETFs was the most well-attended panel of the entire Exchange ETF Conference in Miami Beach, Florida, so much so that the staff ran out of the headphones attendees were provided with to listen to the speakers.

Crypto no longer outsider at famed Miami Beach ETF conference (Fox Business)

Retail Investors Were Behind Recent Crypto Rally
Retail investors were likely responsible for the strong crypto market rally in February, JPMorgan said in a recent research report.

The bank said that the anticipation of “the bitcoin halving event, the next major upgrade of the Ethereum network, and the prospect of approval of spot ether ETFs by the SEC in May” attracted retail participation.

JPMorgan Sees Retail Traders Jump Back Into Crypto Markets in February (Bloomberg)

South Korean Province Collects $4.6M in Crypto Tax
South Korea’s most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders. Using a new system, the province found 5,910 people who owed more than $2262 each. The $4.6 million collected so far has been from only 2,390 people last year.

South Korean province implements digital system to track tax evaders’ crypto (Cointelegraph)

The Bottom Line
The ECB has reiterated its critical stance on Bitcoin, despite the recent approval of spot Bitcoin ETFs, maintaining that Bitcoin’s intrinsic value remains at zero. Meanwhile, Nigeria is taking steps to limit cryptocurrency engagement amid concerns over financial stability.

Source: Techopedia

The post Crypto Headlines of the Week: ECB Slams Bitcoin, Nigeria Blocks Exchanges appeared first on HIPTHER Alerts.

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Bolstering Native Food Markets Through Blockchain

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The Allan Labor Government is helping to bolster the native foods industry by supporting Traditional Owners with new options to track and sell native foods through blockchain.

Around 70 native foods business practitioners attended the inaugural First Nations Native Food Blockchain Workshop at Healesville last week.

The workshop was delivered by the RMIT Blockchain Innovation Hub in partnership with Agriculture Victoria and the Federation of Victorian Traditional Owners Corporation (FVTOC).

Over two days, the workshop explored the potential for blockchain technology to support positive outcomes for Victorian Aboriginal native food businesses. The workshop also focused on ways in which blockchain can support and uphold Indigenous Cultural Intellectual Property rights for Victorian Traditional Owners.

Blockchain technology offers new abilities for data management and governance by enabling decentralised and tamper-resistant storage. It enables new and unique ways to further enable Aboriginal self-determination and data sovereignty for First Nations people within the native foods and botanicals industry.

The technology also offers a secure and transparent system for tracking product authenticity, with the ability to store and manage traditional knowledge and stories.

This workshop aligns with the objectives of the Traditional Owner Native Food and Botanicals Strategy, developed by the FVTOC and the Victorian Government in 2021, which laid out a plan to create a strong, authentic and sustainable bushfood sector.

Quote attributable to Minister for Agriculture Ros Spence

“This workshop provides more ways to help ensure Victorian Aboriginal native food businesses are equipped with the skills and technology they need to thrive.”

Quote attributable to Minister for Treaty and First Peoples Natalie Hutchins

“This is a great example of Aboriginal businesses coming together to drive a strong and sustainable native food industry and promote economic development.”

Quotes attributable to Gunditjmara Elder Professor Richard J Franklin

‘Blockchain unveils promising pathways for Aboriginal data sovereignty and community empowerment, crucial for uplifting our communities and ensuring improved outcomes.” “I am enthusiastic about the possibilities that blockchain holds, particularly within the native food and botanicals industry. Technology must be one of the many spearpoints we use in charting toward a tomorrow Australia.”

The post Bolstering Native Food Markets Through Blockchain appeared first on HIPTHER Alerts.

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