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International Trade Administration (ITA) Signs Blockchain Partnership with BurstIQ to Support Healthcare and FinTech Initiatives?

Public-Private Partnership Alert: International Trade Administration (ITA) Signs Blockchain Partnership with BurstIQ to Support Healthcare and FinTech Initiatives?


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BurstIQ and the International Trade Administration (ITA), aka, announced the formation of a strategic public-private partnership focused on promoting blockchain, healthcare practices and strategic domestic and international initiatives to drive U.S. economic development, trade and international competitiveness.

Paul Thanos, Director of the Office of Finance and Insurance Industries (OFII) & Analysis Director at the International Trade Administration (ITA) commented:

We are excited to be working with BurstIQ. This collaboration marks our first strategic public-private partnership in the blockchain industry. BurstIQ is well-positioned to support and advance our economic development efforts through their health data platform – enabling new economic opportunities for both the digital health and FinTech industry.

The ITA is the premier resource for American companies competing in the global marketplace, with more than 2,200 employees assisting U.S. exporters in more than 100 U.S. cities and 75 markets worldwide. ITA works with its Strategic Partners in support of ITA’s mission to strengthen the competitiveness of U.S. industry, promote trade and investment, and ensure fair trade through the rigorous enforcement of our trade laws and agreements.

Frank Ricotta CEO of BurstIQ commented:

BurstIQ is committed to promoting economic development in partnership with the ITA. We are looking to work with the ITA to establish business and economic growth opportunities both domestic and international that wouldn’t otherwise exist without this emerging growth collaboration. Furthermore, the ITA’s mission aligns well with our mission to support the development of a global, person-centric health data economy. BurstIQ is looking forward to working closely with the International Trade Administration to advance the missions of both organizations.

BurstIQ is an industry-leading blockchain enablement company, offering enterprise-level blockchain solutions for the health and healthcare industry. The company offers a HIPAA- and GDPR- compliant platform that seamlessly leverages blockchain, advanced security, Big Data capabilities, and machine intelligence to enable a global health data network through which healthcare businesses and individuals can access, control, monetize, and gain insights from their health data. BurstIQ provides platform-as-a-service (PaaS) solutions to healthcare institutions, insurers, life sciences/pharma companies, and government agencies at the state, national, and international level.

By: Matt Bird | LinkedIn | Twitter | Instagram

Source (s): Press Release, BurstIQ, International Trade Department

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