Datavault AI Inc. (NASDAQ: DVLT) and Wellgistics Health Inc. (NASDAQ: WGRX) have announced plans to expand their existing blockchain-enabled smart contracts partnership beyond prescription tracking to support Wellgistics’ emerging Healthcare as a Service (HaaS) model. The expanded collaboration will integrate additional Datavault AI intellectual property into Wellgistics’ EinsteinRx™ and PharmacyChain™ platforms to enable secure data integration from pharmacies, hospitals, clinics, diagnostic labs, telehealth providers, wearables and insurers, supporting a hub-and-spoke prescription delivery model and a comprehensive app-based patient engagement solution designed to improve outcomes while reducing total cost of care.
The partnership initially focused on using blockchain smart contracts to track prescriptions through the supply chain. Now, the companies aim to create a more comprehensive data ecosystem that leverages Datavault AI’s expertise in data valuation and secure monetization. According to the press release, the expanded collaboration will allow Wellgistics to integrate data from a wide range of healthcare sources, creating a unified platform for patient engagement and prescription delivery.
Datavault AI’s technology suite includes AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. The company’s Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including healthcare. The Information Data Exchange (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity.
Wellgistics Health’s EinsteinRx™ and PharmacyChain™ platforms are designed to streamline pharmacy operations and improve patient outcomes. The integration of Datavault AI’s intellectual property is expected to enhance data security and interoperability, allowing for more efficient prescription fulfillment and better patient engagement through a mobile app.
The expanded partnership comes as the healthcare industry increasingly adopts blockchain technology to improve data security and interoperability. By integrating data from multiple sources, the platforms aim to reduce total cost of care while improving patient outcomes. The hub-and-spoke prescription delivery model will allow Wellgistics to centralize prescription processing and distribution, potentially increasing efficiency and reducing errors.
For more information on Datavault AI, visit www.dvlt.ai. The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT.
