BurstIQ

BurstIQ is a provider of blockchain-enabled data solutions, with a primary focus on the healthcare industry. The company offers private, permissioned data networks that allow different organizations to securely share and connect their data. The platform combines blockchain, Big Data, machine intelligence, and granular data ownership and consent to construct multi-dimensional profiles of people, places, and things, facilitating interactions between them. This results in a global, secure data network that enables health systems, digital health companies, pharma and life sciences companies, and governments to collaborate, share, discover, and build products and solutions​​.

The key product offering of BurstIQ is LifeGraph. It serves as a digital representation of a person with trust and context built-in, otherwise referred to as their “digital DNA.” LifeGraph captures all the data generated by people in their daily activities and how that data interacts with other people, places, and things, creating a secure and intelligent ecosystem. It unifies human data compliantly, enabling safe data sharing and transformation of business practices. LifeGraph can automate workflows, create operational efficiencies, power Web3 solutions, deliver hyper-personalized experiences, and bring compliant solutions to market more quickly. Businesses can leverage LifeGraph to build more intelligent and personalized services while respecting data dignity. Individuals can also maintain ownership of their data through LifeGraph smart contracts, which allow them to manage how their information is used in personalized products, services, and marketplaces​.

Key customers and partnerships

BurstIQ partnered with TrackMy Solutions in February 2021, along with other technology providers to streamline Covid-19 testing, vaccine administration, and tracking. Its blockchain-enabled technology created LifeGraphs, similar to the product offering mentioned above, facilitating the management of patient information and immunity passes through a dynamic registry​.

In June 2018, BurstIQ announced an integration with Vitalware, a healthcare service provider, using its blockchain-based platform to manage client data, automate processes, and gain insights through machine learning. The partnership aimed to improve data security and demonstrate the value of blockchain in health systems​​.

Funding and financials

In June 2022, the company raised USD 605,600 in a venture round. No further details were disclosed about the round.