Advancing technology for a healthier humanity

March 1, 2020 by Cátia Bandeiras

Medical technology (MedTech) includes the products, services, or solutions that aim at improving survival and quality of life. These technologies can include preventive, diagnostic, or therapeutic technologies. Key technologies in this space include medical devices, in vitro diagnostics, medical imaging, prosthetics and orthotics, medical signal processing, health informatics and communications technologies, wearables, medical robotics, and regenerative medicine. According to the IQVIA’s “The Rise of Global Medical Technology” report, MedTech worldwide is an extremely valuable market, with an estimated global revenue of US$438 billion in 2017. This is a fast-growing industry, with a compound annual growth rate of 6%, and it is estimated to reach US$585 billion in 2022.

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https://ieeexplore.ieee.org/document/9027151

University Blockchain Research Initiative (UBRI): Boosting blockchain education and research.

Since its conceptualization, blockchain technology has witnessed continuous and rapid development, bringing profound changes to computer science, law, and economics. In 2008, the initial blockchain system was merely a growing list of records linked together using cryptography. Today, however, blockchains have become the foundation of most digital currencies, robust cloud computing platforms, and dependable databases for tracking supply chain information. Despite challenges and controversies, blockchain technology has the potential to help build a trustworthy and efficient digital world.

However, the emerging blockchain technology has not yet been widely incorporated into current education systems, and there are still a lot of problems and challenges to be solved in this domain. To promote the popularization, development, and transformation of blockchain, Ripple founded the University Blockchain Research Initiative (UBRI), a global network of top universities around the world pursuing public education, academic research, technical development, and innovation in blockchain, cryptocurrency, and related financial technologies (FinTech). Since UBRI’s inception in 2018, Ripple has funded more than 40 university partnerships, supporting more than 500 research projects and new or modified course curricula for more than 280 university courses.

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