There’s been a lot of hype over using blockchain in health care. Why is that?

Data stored on blockchain is transparent and timeless, which is very important for the health industry. Some insiders even call it “the ultimate case of the use of” technology.

In fact, there are several reasons behind this hype. Cointelegraph As mentioned earlier, one of the core characteristics blockchain is decentralization. Each move openly recorded, time-stamped and nearly impossible to edit. Blocks containing data protected by sophisticated cryptography. If the information in the block has been modified somehow, the network users (nodes) must agree on the changes. This technology can be very effective for many public systems – health care, in particular – and this is why.

Particularly, the health care industry has to deal with a lot of documents, and that process large amounts of data every day. Blockchain technology allows to significantly reduce the time spent on this routine. It provides powerful tools for managing all kinds of databases – including with regard to patient – because all the information is safely stored in blocks and only authorized people can have access to it. This means that doctors dealing with patients can continue with the data directly, without communicating with other staff or even other health agencies. In case of an emergency operation, even one minute saved in this way can count crypto genius account guide.

Some indeed believe that blockchain can contribute to building a shared database of patient data, which, in turn, will connect the different hospitals and private practices use different systems drastically. For example, only in the American city of Boston, there are 26 electronic medical records systems that are not compatible with each other. And the situation is even more desperate on a larger scale. Imagine a woman who is facing premature birth and now thousands of miles away from the country he is planning to give birth in and therapists who have been familiar with her case. In such a situation, it would be important to have a single, comprehensive database that can be easily accessed by different hospitals in the country.

Another big problem in health care is the number of middlemen that are intended to facilitate interaction with medical institutions. For example, the current state of the US health care system looks like an alien microcircuit very complicated.

Blockchain offers the ultimate solution for this problem: a smart contract that allows us to interact directly with the people we need. This contract can be used in telemedicine – evolving field of medicine that enables physicians to reach their patients through a smartphone, wearable gadgets and other devices. While this type of interaction is very useful in the modern world, it is still vulnerable to hackers. smart contract will help collect client data secure and transparent.

And last but not least, blockchain really can help the health care industry to eliminate counterfeit drugs. One area that uses the most technologically decentralization is the supply chain. Some commercial giants are already using blockchain to trace the origin of a particular product they sell, and pharmaceutical manufacturers could do the same thing. According to the World Health Organization, about one in 10 medical products circulating in the countries of low and middle income substandard or even fake. If the entire industry blockchain traced through the system safe drugs that prevent data from being changed, the percentage of counterfeit drugs in the market will significantly decrease.

Why I will allow my data to be stored in blockchain a? Is it safer than traditional systems?

Related health care fraud and security breaches are very common. Blockchain much harder to get into.

health care cybersecurity breach affected more than other industries in 2018, accounting for 25% of the 750 hacks reported.

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