Contributed photo / Pictured left to right are EirSystems Co-founder and Vice President Ryan Seaberg, Chief Medical Officer David Seaberg and Co-founder and CEO Tyler Seaberg. EirSystems, founded in 2018, won a ChaTech Early Innovator Award during Startup Week’s Spirit of Innovation event in October.The technologies that track and secure online financial transactions can be applied to prescription drugs, making those processes safer and faster for physicians and patients, says Tyler Seaberg, co-founder and CEO of EirSystems.
“The biggest thing of blockchain is that it was created to allow for a trustless exchange,” says Seaberg, who co-founded the medical technology startup with his brother Ryan Seaberg. “It was a way for allowing for a transaction to occur and be placed on a ledger so all parties can verify that the transaction occurred.”
Tyler Seaberg, a Baylor School graduate, became interested in cryptocurrency and online financial exchanges while studying biology at Macalester College in Saint Paul, Minnesota. As he learned more about the blockchain technology that controls the cryptocurrency infrastructure, he saw a new use for blockchain in the medical field.
The Seabergs’ new company is introducing an e-prescribing and medical platform designed to streamline the medical prescription process for patients while ensuring all transactions are handled appropriately and legally.
Using blockchain and secure contract technology allows all parties to ensure any online transaction is applying a set of business or regulatory standards that everyone has agreed is acceptable and legal. This not only can be used to make prescribing medicine easier for doctors and patients, but also can be used to help stem abuses of the prescription system that have contributed to the opioid addiction crisis in the United States, Tyler Seaberg says.