YiWangQian: A Professional Electronic Signature Tool for Physicians, Files IPO Prospectus

By Beijing Digital Certificate Authority Co., Ltd.

Starting March 27, 2016, physicians, dentists, and other healthcare professionals in the United States are required to transmit prescriptions electronically directly to pharmacies, rather than providing paper prescriptions to patients, with exceptions only for emergencies and special circumstances.

In December 2015, Wuzhen Internet Hospital in China issued an electronic prescription, sparking widespread industry attention on the online purchase of prescription drugs and interpreted by insiders as a sign that the “last mile” of internet healthcare was poised to be bridged.

Both healthcare institutions and medical IT vendors are exploring internet-based platforms to connect and deliver services in areas such as appointment scheduling, examination reports, diagnostic information, and medication data. As the internet continues to expand into the healthcare sector, verifying the authenticity of physicians’ identities and ensuring the information security of electronic medical data have become critical bottlenecks that healthcare services must urgently overcome.

“YiWangQian” was developed precisely to address this core issue.“What is YiWangQian?”During the issuance of an electronic prescription, two primary concerns arise: Who issued the electronic prescription, and is he/she a legally qualified practitioner? Who bears responsibility for the electronic prescription, and are all the information contained therein authentic and accurate?

In the information age, technologies for ensuring secure and trustworthy user identity, as well as safeguarding electronic data against tampering and repudiation, have become highly mature.

The widely accepted solution is to leverage Public Key Infrastructure (PKI) and digital certificates issued by third-party Certificate Authorities (CAs) to achieve identity authentication and electronic data signing, commonly known as “reliable electronic signatures.”

In the healthcare industry, electronic signature technology using USB keys as the medium has been widely adopted in physical hospitals. The concept that “electronic documents generated with reliable electronic signatures are legally valid and trustworthy” has become an industry consensus in the healthcare sector.

In the era of mobile internet, more networked and convenient electronic signature applications are disrupting the traditional use of USB Keys. In mobile internet applications across various industries such as banking, securities, and insurance, these electronic signature solutions have been thoroughly validated technologically and widely accepted by customers.

“YiWangQian” is an electronic signature tool designed specifically for the medical internet industry.By leveraging “Yi Wang Qian” (Medical E-Signature), identity authentication and liability determination can be performed for active entities on medical internet platforms, effectively safeguarding the legitimate rights and interests of all parties involved in business processes.

"What Problems Can 'YiWangQian' Solve?"

Due to the highly specialized nature of the healthcare internet industry, commonly used, general-purpose identity authentication and digital signature technologies are not well-suited to meet the specific requirements of healthcare internet operations. Through in-depth research into the healthcare internet sector, YiWangQian has become a professional electronic signature application with distinct industry-specific characteristics.

Taking the electronic signature requirements for e-prescriptions as an example, the following specific requirements exist:

1、Prescription drugs may only be dispensed, purchased, and used with a prescription from a licensed physician or licensed assistant physician.Therefore, the identity of the signer of an electronic prescription must not only be verified as a real "person" on the internet but also confirmed as a "physician" before the right to use an electronic signature can be granted.

2、The prescribing physician's signature specimen and dedicated seal must match the samples on file with the hospital's medical department for reference and shall not be altered arbitrarily.Therefore, electronic signatures must not only focus on technical implementation but also undergo unified registration of their visual representation; unregistered electronic signature images shall not be used for signing electronic prescriptions.

3、Prescriptions are time-sensitive and cannot be reused.Therefore, electronic signatures in e-prescriptions should also have the function of verifying prescription invalidity.

There is an urgent need to apply electronic signatures in e-prescriptions, but the entry barrier is high, requiring integration and coordination with numerous resources.

“Yi Wang Qian” was not inherently equipped to address these needs. Prior to its launch, it had already accumulated a substantial volume of physician real-name authentication data through authoritative third-party Certificate Authority (CA) certification services, and had registered physicians’ visual electronic seals with numerous hospitals. Physician IDs registered and logged in via “Yi Wang Qian” represent trustworthy, qualified “verified physicians.” Electronic prescriptions electronically signed through “Yi Wang Qian” are compliant and secure, matching the specimen formats retained by hospital medical departments for reference and verification.

The accumulation of these resources has laid a solid foundation for the industry adaptability of “Yi Wang Qian.”

YiWangQian, the first professional application tool in China to provide digital certificate management and electronic signatures for doctors on the internet, is the preferred internet practice application product for major renowned physicians.

Beijing Certificate Authority Co., Ltd. (BJCA), a leading and authoritative third-party electronic certification service provider in China, is an expert in network trust services with deep insights into the healthcare sector, working with you to build a secure and trustworthy "Internet + Healthcare" ecosystem.

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For more details, please visit the official website of YiWangQian.

www.yiwangqian.com