Mitihoon – Orbix Technology and Innovation Co., Ltd. (Orbix Technology), the developer of the Quarix blockchain infrastructure, has announced a collaboration with HealthTAG Co., Ltd. (HealthTAG), a leading health technology company in Thailand, to develop next-generation health data infrastructure. The initiative leverages trust-building mechanisms to connect public healthcare systems. HealthTAG provides a Decentralized Health Data Wallet, which will serve as the primary channel for individuals to access, manage, and fully control their own health data independently, securely, and transparently on the Quarix blockchain infrastructure. Quarix has been designed as a central platform for the economic sector to develop and expand financial innovations and digital services. The platform also enables the systematic integration of health data from the HealthTAG Wallet with financial products and services within KASIKORNBANK FINANCIAL CONGLOMERATE.
The two companies are currently in discussions to jointly develop financial innovations. The integration is expected to ensure the integrity and confidentiality of stored health data, while also serving as a starting point for using such data as supporting documentation for financial transactions. Potential applications include supply chain payment, insurance underwriting, and customer profiling. These developments aim to enhance efficiency, transparency, and accuracy in financial services in a sustainable and systematic manner. The collaboration will proceed with further discussions and will seek approval from relevant regulatory agencies before any commercial services are launched.
Mr. Pisith Kulkanchanachewin, Managing Director of Orbix Technology and Innovation Co., Ltd. (Orbix Technology), said that the company’s vision is to develop a digital ecosystem that integrates collaboration across multiple sectors to promote the practical adoption of blockchain technology in both the healthcare and financial systems. This vision has led to the partnership between Orbix Technology and HealthTAG, which shares the common objective of elevating the standards of security, reliability, and transparency in the management of citizens’ health data in line with international standards, while also enabling access to efficient financial services powered by health data.
Orbix Technology serves as a core blockchain infrastructure provider through the Quarix network, which is designed to support the secure storage, processing, and exchange of highly sensitive health data, while integrating real identity infrastructure for digital identity verification, access control, and enterprise-level data security under regulatory frameworks and personal data protection standards. HealthTAG’s decision to conduct system testing on the Quarix network reflects its confidence in the infrastructure’s potential and its commitment to developing a health data infrastructure that can connect with digital financial systems in a secure and verifiable manner. The development of health data infrastructure should not be limited merely to data storage, but must also comprehensively support regulatory standards, data privacy, and interoperability to facilitate national-scale usage and sustainable long-term financial innovation.
Dr. Dechowat Promda, CEO of HealthTAG Co., Ltd. (HealthTAG), added that under this collaboration, HealthTAG serves as the developer and manager of the HealthTAG Wallet, including connecting data among various healthcare providers under the HL7 FHIR (Fast Healthcare Interoperability Resources) electronic health data exchange standard to ensure seamless health data connectivity. This allows users to independently and securely manage access rights to their own health data through the HealthTAG Wallet, which is designed to give users direct control over their data. HealthTAG not only aims to solve data challenges in Thailand, but is committed to building a “Health Operating System” (Health OS) that connects 600 million people across ASEAN. The partnership with Orbix Technology represents a critical step towards ensuring that this infrastructure meets international security standards and is ready to support emerging AI-driven medical innovations. Furthermore, this collaboration goes beyond mere data storage. It lays the foundation for health intelligence through privacy-preserving technologies and bank-grade electronic transaction security, supporting precise and self-managed medical research. This also facilitates connections with hospitals and partners to ensure comprehensive coverage for future service providers. Additionally, the use of Quarix’s blockchain technology will further enhance the system’s security and reliability.
This collaboration between Orbix Technology and HealthTAG reflects the application and advancement of blockchain technology in Thailand’s financial innovation and digital health data sectors, ensuring security, transparency, and reliability. It plays a vital role in supporting the development of the national financial and health data ecosystems, preparing them for public health data integration to support organizational and regional usage, while promoting long-term sustainable development.
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