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We’re excited to share that we’ve received support from the Government of Canada to accelerate our work on an AI initiative. We’ll share more details as we reach project milestones.
This project is funded by the Government of Canada through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). For broader context, see the Government of Canada announcement on recent investments supporting AI and tech businesses in the Greater Toronto and Hamilton Area: Government of Canada investments support AI and tech businesses in Greater Toronto and Hamilton Area. ---------------------------------------------------------------------------------------------------- Nous sommes heureux d’annoncer que nous avons reçu un soutien du gouvernement du Canada pour accélérer notre initiative en intelligence artificielle. Nous partagerons davantage de détails à mesure que nous atteindrons des étapes clés. Ce projet est financé par le gouvernement du Canada par l’entremise de l’Agence fédérale de développement économique pour le Sud de l’Ontario (FedDev Ontario). Pour en savoir plus, consultez l’annonce du gouvernement du Canada sur les investissements récents appuyant les entreprises en IA et en technologies dans la région du Grand Toronto et de Hamilton : Les investissements du gouvernement du Canada appuient les entreprises spécialisées dans la technologie et l’IA dans la région du Grand Toronto et de Hamilton. By: Gabriel Tick, CEO, Opifiny Corp.
As CEO of Opifiny, I frequently reflect on the future—not just what we can anticipate, but how prepared we truly are for unexpected changes. Quantum computing stands out as a particularly critical area demanding our attention, both promising remarkable technological advances and presenting significant risks to the way we secure sensitive information. Quantum computers could soon challenge the encryption standards that have reliably protected data for decades. Algorithms like RSA and elliptic-curve cryptography might be rapidly broken, exposing vast amounts of private health records, insurance policies, and financial information. Imagine a scenario where personal health records encrypted today become accessible tomorrow—leading to breaches of privacy, identity theft, or long-term financial consequences. It's a troubling thought and a very real possibility. This issue is particularly pertinent in insurance, where data retains its sensitivity for years or even decades. Malicious actors might already be collecting encrypted data today, intending to decrypt it later once quantum computing matures. What would it mean for the insurance industry, built upon managing risk, if our fundamental approach to data protection were undermined overnight? The critical question is whether our industry is genuinely ready. Are we prepared to handle quantum computing’s potential disruption? Have we adequately assessed the real risk this poses to client trust, regulatory compliance, and overall security? Instead of waiting until quantum threats become imminent, we’ve initiated a comprehensive “Quantum-Ready Security Program” to prepare for this emerging threat. This involves several key steps:
Major organizations, including tech leaders and fellow Insurtech companies, have begun similar preparations, recognizing that waiting too long could result in severe repercussions. Still, widespread readiness across our industry remains uncertain. The quantum computing era isn't just approaching—it’s already shaping decisions today. As an industry, we must urgently confront this looming reality. Opifiny aims to foster awareness, provoke thoughtful discussions, and drive meaningful action. Together, we need to ask ourselves: Are we truly ready for quantum computing, and if not, what actions must we take right now to protect our future? by Gabriel Tick, CEO, Opifiny Corp.
The healthcare sector has consistently been at the forefront of technological advancement. From leveraging the first computers in clinical research to the development of groundbreaking tools like artificial hips and laser knives, medical innovation has always pushed boundaries to help improve our lives. Despite this cutting-edge spirit, many medical practices remain anchored to outdated administrative approaches such as the continued use of fax machines to send important documents to regulators and insurers. Physicians today are eager to explore the latest therapies and surgical devices, reflecting a robust culture of vision and adaptability within medical practice. Paradoxically, these same professionals often cling to obsolete administrative systems and platforms. Manually completing specialist referrals, insurance claims, and forms like an Attending Physician Statement (APS) slows the process for everyone, leading to delays in seeing specialists, processing insurance claims, and doctors getting paid for their work. This reluctance to transition away from these older methods raises two questions: Why are tech-friendly medical professionals all over the world hesitant to update their administrative processes, and what techniques can healthcare providers use to overcome any hurdles to implementing new technology? The Psychological Barrier For many healthcare professionals, avoiding administrative upgrades stems more from psychological resistance than practical considerations. The stress of change — and the potential disruptions that replacing outmoded systems could bring to a medical practice’s workflow — is just one understandable obstacle. This reluctance leads to a situation where practices continue to use legacy administrative procedures even when more efficient digital solutions are available. In this mindset, change only occurs when systems become irretrievably broken. Learning new technologies may seem daunting, but this should not prevent medical teams from pursuing change. Despite being willing to learn new life-saving techniques, many doctors worry about their teams adapting to modern software, afraid that doing so could unsettle well-established processes. Furthermore, some medical practitioners are concerned about the integration of new technology leading to confusion or errors. These fears, though legitimate, should not prevent progress, particularly considering the robust security and streamlined operations offered by most modern platforms. Today’s administrative software platforms are designed to minimize risk while providing numerous benefits such as improved patient satisfaction and lower operating costs through streamlined operations. Unlike fax machines or snail mail, digital platforms are often more intuitive and align with today's tech-savvy workforce. These systems are designed to simplify complex interactions, using personal access codes instead of passwords, and even automating correspondence with third parties. Although a very real concern, fears over compromised patient data create another barrier to innovation. However, encrypted cloud-based systems actually offer a higher level of protection against unwelcome access and tampering than traditional methods. Three Steps Through the Barrier Even if the arguments for adopting new administrative software are intelligent and reasonable, it is difficult to break through a psychological block with reason alone. Resistance to change is an emotional problem and requires a solution that takes emotion into account — even doctors who know they need to change with the times may feel reluctant to step out of their comfort zone, and that reluctance keeps them working late on paperwork and waiting too long to hear back from all of the folks they need to connect with, including insurers, specialists, diagnostics offices, regulators, and more. Here are three steps to help healthcare providers overcome their resistance to new technologies and make their lives easier — and their practices more efficient:
Built for the Future: Time to InnovateThis reluctance to move beyond the familiar often stems from inertia and fear of the unknown. Even basic research will show that the digital systems available today are built to be user-friendly, efficient, and secure. Embracing these platforms means adopting a holistic approach to innovation that spans the entire practice, not just the medical side of the organization. The healthcare industry has a proud tradition of technological innovation, but it's time to extend this spirit to administrative practices as well. Innovation is about embracing change and improvement in all facets of healthcare, creating an environment that is responsive and attuned to the needs of both patients and practitioners. The path forward is clear, and it will lead to a more modern and effective medical community. |
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