Circular Protocol, Arculus and IT Lab Launch the First Blockchain Compliant Ecosystem for Healthcare Providers
Circular Protocol has announced a groundbreaking partnership with Arculus by CompoSecure (CMPO) and IT Lab to create the first blockchain-compliant ecosystem for healthcare providers. The initiative focuses on enhancing digital transparency and protection in global healthcare through blockchain technology.
The system integrates Arculus Authentication into Circular's MedTech device, providing healthcare facilities with physical cards containing private keys. These cards enable authorized personnel to digitally sign procedures and transactions on the Circular blockchain through a simple tap-to-computer interface.
Through the partnership with IT Lab, over 8,000 Italian pharmacies will record medical exams on-chain via the 'Smart Share' white label platform. The system is set to launch in both Italy and the U.S. market in Q2 2025, requiring no cryptocurrency or wallet ownership. The initiative aims to create a decentralized, secure healthcare system while maintaining standard clinical exam costs.
Il Protocollo Circolare ha annunciato una partnership innovativa con Arculus by CompoSecure (CMPO) e IT Lab per creare il primo ecosistema conforme alla blockchain per i fornitori di assistenza sanitaria. L'iniziativa si concentra sul miglioramento della trasparenza digitale e della protezione nella sanità globale attraverso la tecnologia blockchain.
Il sistema integra l'Autenticazione Arculus nel dispositivo MedTech di Circular, fornendo alle strutture sanitarie carte fisiche contenenti chiavi private. Queste carte consentono al personale autorizzato di firmare digitalmente procedure e transazioni sulla blockchain di Circular tramite una semplice interfaccia tap-to-computer.
Grazie alla partnership con IT Lab, oltre 8.000 farmacie italiane registreranno esami medici sulla blockchain tramite la piattaforma white label 'Smart Share'. Il sistema è previsto per il lancio sia in Italia che nel mercato statunitense nel Q2 2025, senza necessità di possedere criptovalute o portafogli. L'iniziativa mira a creare un sistema sanitario decentralizzato e sicuro, mantenendo i costi standard per gli esami clinici.
El Protocolo Circular ha anunciado una asociación innovadora con Arculus by CompoSecure (CMPO) e IT Lab para crear el primer ecosistema compatible con blockchain para proveedores de atención médica. La iniciativa se centra en mejorar la transparencia digital y la protección en la atención médica global a través de la tecnología blockchain.
El sistema integra la Autenticación Arculus en el dispositivo MedTech de Circular, proporcionando a las instalaciones de salud tarjetas físicas que contienen claves privadas. Estas tarjetas permiten al personal autorizado firmar digitalmente procedimientos y transacciones en la blockchain de Circular a través de una simple interfaz de tap-to-computer.
A través de la asociación con IT Lab, más de 8,000 farmacias italianas registrarán exámenes médicos en la blockchain a través de la plataforma white label 'Smart Share'. Se espera que el sistema se lance tanto en Italia como en el mercado estadounidense en Q2 2025, sin necesidad de poseer criptomonedas o billeteras. La iniciativa tiene como objetivo crear un sistema de atención médica descentralizado y seguro, manteniendo los costos estándar de los exámenes clínicos.
서클 프로토콜은 Arculus by CompoSecure (CMPO) 및 IT Lab와 혁신적인 파트너십을 발표하여 의료 제공자를 위한 최초의 블록체인 호환 생태계를 구축합니다. 이 이니셔티브는 블록체인 기술을 통해 글로벌 의료 분야에서 디지털 투명성과 보호를 강화하는 데 중점을 두고 있습니다.
이 시스템은 Circular의 MedTech 장치에 Arculus 인증을 통합하여 의료 시설에 개인 키가 포함된 물리적 카드를 제공합니다. 이 카드는 승인된 직원이 Circular 블록체인에서 절차 및 거래를 디지털 서명할 수 있도록 간단한 탭-투-컴퓨터 인터페이스를 제공합니다.
IT Lab과의 파트너십을 통해 8,000개 이상의 이탈리아 약국이 '스마트 쉐어' 화이트 라벨 플랫폼을 통해 의료 검사를 블록체인에 기록합니다. 이 시스템은 2025년 2분기에 이탈리아와 미국 시장 모두에서 출시될 예정이며, 암호화폐나 지갑 소유가 필요하지 않습니다. 이 이니셔티브는 표준 임상 검사 비용을 유지하면서 분산되고 안전한 의료 시스템을 만드는 것을 목표로 합니다.
Le Protocole Circulaire a annoncé un partenariat révolutionnaire avec Arculus by CompoSecure (CMPO) et IT Lab pour créer le premier écosystème conforme à la blockchain pour les fournisseurs de soins de santé. L'initiative vise à améliorer la transparence numérique et la protection dans le secteur de la santé mondial grâce à la technologie blockchain.
Le système intègre l'Authentification Arculus dans le dispositif MedTech de Circular, fournissant aux établissements de santé des cartes physiques contenant des clés privées. Ces cartes permettent au personnel autorisé de signer numériquement des procédures et des transactions sur la blockchain de Circular via une interface simple de tap-to-computer.
Grâce au partenariat avec IT Lab, plus de 8 000 pharmacies italiennes enregistreront des examens médicaux sur la blockchain via la plateforme white label 'Smart Share'. Le système devrait être lancé à la fois en Italie et sur le marché américain au Q2 2025, sans nécessiter de cryptomonnaie ou de possession de portefeuille. L'initiative vise à créer un système de santé décentralisé et sécurisé tout en maintenant les coûts standards des examens cliniques.
Das Circular-Protokoll hat eine bahnbrechende Partnerschaft mit Arculus by CompoSecure (CMPO) und IT Lab angekündigt, um das erste blockchain-konforme Ökosystem für Gesundheitsdienstleister zu schaffen. Die Initiative konzentriert sich darauf, die digitale Transparenz und den Schutz im globalen Gesundheitswesen durch Blockchain-Technologie zu verbessern.
Das System integriert die Arculus-Authentifizierung in das MedTech-Gerät von Circular und bietet Gesundheitseinrichtungen physische Karten mit privaten Schlüsseln. Diese Karten ermöglichen es autorisiertem Personal, Verfahren und Transaktionen auf der Circular-Blockchain über eine einfache Tap-to-Computer-Oberfläche digital zu signieren.
Durch die Partnerschaft mit IT Lab werden über 8.000 italienische Apotheken medizinische Untersuchungen über die White-Label-Plattform 'Smart Share' on-chain aufzeichnen. Das System soll im Q2 2025 sowohl in Italien als auch auf dem US-Markt eingeführt werden, ohne dass eine Kryptowährung oder der Besitz einer Wallet erforderlich ist. Die Initiative zielt darauf ab, ein dezentrales, sicheres Gesundheitssystem zu schaffen und gleichzeitig die Standardkosten für klinische Untersuchungen beizubehalten.
- Partnership with CompoSecure (CMPO) and IT Lab expands market reach
- Large-scale implementation across 8,000+ Italian pharmacies
- Q2 2025 launch in both US and Italian markets indicates clear commercialization timeline
- System maintains standard clinical exam costs while adding blockchain benefits
- System still in proof-of-concept phase
- Full implementation timeline dependent on successful Q2 2025 rollout
Insights
CompoSecure's strategic partnership with Circular Protocol and IT Lab represents a significant expansion of the company's Arculus Authentication technology into the healthcare vertical. This integration creates a blockchain-based security solution that addresses critical healthcare needs while opening a substantial new market for CMPO.
What's technically innovative here is the implementation approach. By using CompoSecure's physical security card as the interface for blockchain interaction, they've created a solution that's both highly secure and user-friendly - eliminating the need for healthcare providers to understand cryptocurrency or maintain digital wallets. This addresses one of the primary adoption barriers that has historically blockchain's penetration in traditional sectors.
The partnership's commercial scope is substantial, with the initial deployment targeting 8,000 Italian pharmacies through IT Lab's established platform. The promised Q2 2025 rollout for both Italian pharmacies and the US market provides a clear timeline for potential revenue growth.
While the article doesn't disclose financial terms, this partnership represents exactly the type of commercial application that could drive meaningful revenue growth for CMPO beyond its core financial services market. The healthcare industry's strict requirements around data security, privacy, and fraud prevention align perfectly with the capabilities of CompoSecure's technology.
This partnership positions CompoSecure to capitalize on an underserved aspect of healthcare digitization: the authentication and verification of clinical procedures. By integrating their Arculus technology into Circular's MedTech devices, CMPO is addressing a genuine pain point in the industry - creating immutable, secure records without disrupting existing workflows.
The implementation in 8,000 Italian pharmacies is particularly strategic. European pharmacies are increasingly serving as frontline healthcare providers, performing basic exams and procedures. This partnership enables these transactions to be recorded securely on-chain while maintaining the same cost structure as standard exams - creating adoption incentives through added security rather than price increases.
What's most compelling is how this solution distributes the healthcare burden to appropriate access points while maintaining security. Pharmacies can offer proximity and convenience while hospitals handle more complex cases - all using the same secure authentication system. For CompoSecure, this represents not just a new market but a potential industry-wide ecosystem where their technology becomes the standard verification mechanism.
The Q2 2025 US market entry timing is ideal as American healthcare continues to seek solutions that improve security without adding complexity. By establishing their system in European pharmacies first, CompoSecure and partners can refine the implementation before tackling the more fragmented US healthcare market.
The Circular blockchain delivers infrastructure to build the first digital network for on-chain verification and authentication of medical records and transactions
BOSTON, Mass, and SOMERSET, N.J., March 20, 2025 (GLOBE NEWSWIRE) -- Circular Protocol today announced a new commercial initiative with two leaders in the security and software space, Arculus by CompoSecure, and IT Lab to step up digital transparency and protection in the global healthcare industry.
As healthcare becomes increasingly digital and interconnected, verification and authentication of patient records and healthcare data are essential for ensuring data accuracy, protecting patient privacy, and preventing fraud.
Today’s announcement delivers an advanced solution that will integrate into clinical networks and serve as the secure passkey for recording, managing, and safeguarding critical healthcare data within facilities using the MedTech device.
The Circular blockchain is building the first digital network for on-chain verification and authentication of medical records and transactions. Integrating Arculus Authentication, by CompoSecure, into the company’s MedTech device, healthcare providers will create a physical card (which holds a private key) for hospitals and healthcare centers, to allow authorized administrators, operators, and patients to digitally sign off procedures, exams and other transactions, directly on the Circular blockchain, simply by tapping the card to their computer. The card can be used in clinical networks, as the key to record, own and protect all data regarding programs and activities of the facilities utilizing the MedTech device.
“Tech needs to be invisible and easy to use while delivering the benefits of secure and immutable records on a public registry, so the rights of medical institutions and patients are protected, and their data safely stored,” said Dr. Gianluca De Novi, Founder and CEO at Circular Protocol.
“We are excited about this partnership and where blockchain and healthcare converge to set a new standard for data protection,” said Dr. Adam Lowe, Chief Product Officer at CompoSecure. “This is an exciting future where patients have true ownership and seamless and secure access to their medical information.”
Circular is also partnering with IT Lab, an Italian software powerhouse specialized in the healthcare sector. More than 8,000 pharmacies in Italy will record on-chain the exams they are allowed to perform on-premises, becoming safe and transparent providers of medical procedures. The recording takes place via their ‘Smart Share’ white label platform, already available in all pharmacies running the proof-of-concept (POC) for the first few months, with no need to own cryptocurrencies or a wallet. The rollout is expected in Q2 2025. The launch is designed to be the first truly decentralized, secure and transparent healthcare system of its kind. Costs are the same as a standard clinical exam, but with the added value of proximity, and all the blockchain-generated benefits.
“We are evolving healthcare towards a future where each touchpoint is monitored and where the burden of exams and treatments will be redistributed and performed where it makes the most sense, from a cost, proximity and competence perspective, empowering pharmacies, as well as hospitals, in full transparency and security for operators and patients”, said Anthony D’Angelo, CEO of ITLab “This will all be accessible via the current interfaces, but certifying patient data becomes, for the first time, the key for tremendous value for the whole healthcare and medical network, and Circular is leading this transformation.”
This ecosystem is expected to launch in the U.S. market in Q2 2025, providing healthcare institutions with seamless blockchain integration. To learn more, visit: https://www.circularprotocol.org
About Circular Protocol.
Circular is a 4th-generation Layer 1 blockchain, designed to address the limitations of previous generation Layer 1 chains. Circular’s primary focus is DeSci and Healthcare, where developers and enterprises can advance research, innovation, and in-market execution across healthcare, pharma, and scientific industries, promoting transparency, data security, and democratized access and ownership. Circular Protocol provides tamper-proof data auditing via decentralized blockchains and zero-knowledge proofs, ensuring compliance, protecting patient data, and certifying processes and content. With privacy, decentralization, maximum throughput, scalability, interoperability, and proof of reputation, Circular’s proprietary parallelized, multi-chain architecture delivers revolutionary tools and applications.
Circular has offices in Boston and Lugano. Its CEO and Founder, Dr. Gianluca De Novi, is an expert in high-performance computing with a background in 3D real-time graphics, physics simulation, robotics, and blockchain technology. He holds a Master’s in Electronics and Computer Science and a PhD in Robotics from the University of Bologna. Currently, he directs the Medical Device and Simulation Lab at Massachusetts General Brigham and is a faculty member at Harvard Medical School and Harvard Extension School since 2011. His work includes approximately 15 years of research funded by the US Department of Defense in the MedTech industry.
About CompoSecure
Founded in 2000, CompoSecure (Nasdaq: CMPO) is a technology partner to market leaders, fintechs and consumers enabling trust for millions of people around the globe. The company combines elegance, simplicity and security to deliver exceptional experiences and peace of mind in the physical and digital world. CompoSecure’s innovative payment card technology and metal cards with Arculus security and authentication capabilities deliver unique, premium branded experiences, enable people to access and use their financial and digital assets and ensure trust at the point of a transaction. For more information, please visit www.CompoSecure.com and www.GetArculus.com.
Corporate Contact
Anthony Piniella
Head of Communications, CompoSecure
(917) 208-7724
apiniella@composecure.com
FAQ
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