ASX-listed tech company Mobecom is launching blockchain across its existing product offering during 2018 to further enhance the security of customer digital currency balances and data.
Mobecom’s in-house implemented blockchain solution is already being trialled by some of the company’s existing customers of its life and health platform LifeIQ.
A cohort of LifeIQ’s healthcare clinical users are trialling Mobecom’s blockchain technology to create an auditable trail of a user’s medical records.
The trial is expected to conclude within the coming weeks, ahead of a rollout of the blockchain technology across its other product offerings.
Increasingly, more and more industries are adopting blockchain technology as a secure and proven method to capture an audit trail of transactions and other data,” Mobecom Chief Executive Officer Neil Joseph said.
“Blockchain is fast approaching an industry standard, and we remain focused on delivering new technologies and solutions to our customers globally.
“We’re pleased to have developed a specific blockchain solution for LifeIQ, and when appropriate, we look forward to launching this across our other loyalty and consumer engagement solutions, including airBux, in the coming months.”
The news comes after Mobecom executive and airBux CEO, Sean Smith, attended the Blockchain Expo in San Francisco, USA during November 2017, where he heard from industry leaders about the broader commercial applications of the technology and met with leading technology and industry partners.
The trip provided further validation of blockchain’s relevance as a future standard for the secure recording of transactions and other records and the Company’s strategy to build blockchain into its existing product offerings.
Mobecom continues to develop new technologies and is evaluating the integration of artificial intelligence into its platforms to further drive personalised customer engagement in the future
Shares in Mobecom (ASX: MBM) were last trading at 39.5c.