Three Ways That Blockchain Looks Set To Change The Healthcare Industry

Of the industries that blockchain stands to make a significant impact on, healthcare is among the first tipped to be drastically re-altered. But where will we be likely to see that much-needed improvement emerging?

Blockchain Healthcare Industry
  • Streamlining data transfer – In essence, blockchain technology is the most efficient, effective and functional record-keeper modern technology has seen. Why? The stored information in blockchain technology can’t be refuted and is cryptographically secured. For the healthcare industry, blockchain based tech leaps current compromising systems that take care of our data, offering incomparable levels of security for providers and consumers alike.

  • Safer, more Secure transfers of patient filesBlockchain tech also offers a smoother exchange between patients and organisations without multiple intermediaries, and thus, the minimises the risk of privacy breaches.

    This technology means that patient records may be accessed securely, and similarly, if patients wish to provide research bodies access to their healthcare data, this can be done safely and effectively with trackable effect, eliminating the risk their data being lost or shared by third-party intermediaries.

  • A better response system to Disease Control – Blockchain tech also looks likely to play a role in Disease Control, where current technology involves time-consuming manual intervention and processes that cost the process significantly. The technology can be used to control the spread of chronic disease outbreak. The technology can be used to increase the effectiveness of disease control, improving the outcome of critical responses to disease outbreaks from the first instance of reporting.

  • Simplified Onsite Administration – The decentralised nature a blockchain application will simplify communications between workers within healthcare centres. With direct access to relevant data, less management is required. Daily processes this is likely to affect include patient identification, insurance and healthcare claims.

    We know that a decentralised system can drastically redefine major industries worldwide, and if we look at the impact that human error alone potentially has on the healthcare industry, we can see the value in faster, safer, more effective technology without debate.

While at this stage blockchain technology is still the subject of hot debate, we know that right now, decentralised applications are being developed that have the potential to improve our experience of the healthcare system… so how long can we wait?

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