Blockchain in healthcare
High-quality and affordable healthcare system is a common requirement of every nation. Now it is hard to imagine any sphere of present-day life without digital technologies. According to Deloitte a single healthcare provider files 20,000 paper forms and conducts 30 billion healthcare transactions processed each year.
We all know that any personal information saved on the internet is vulnerable to remote data breaches and manipulations if the security levels of these web storage facilities are not good enough. As a result, healthcare looks for an effective way to provide patients with data security.
Which benefits will bring the usage of blockchain in healthcare systems?
Medical sphere is extremely vulnerable, as hospitals’ databases store health secrets and sensitive data details. That is why patients are afraid of the possibility that their data might be accessed or even stolen. With blockchain technologies, it is much harder to do that.
Blockchain-based systems can manage electric medical recorded data making data processing not only safe and secure, but also fast and more convenient.
Moreover, world governments require strict regulations of data privacy in healthcare like General Data Protection Regulation (GDPR) in the European Union. It determines the type and amount of data that can be revealed. GDPR demands efficient technology in recording and keeping people’s data. Undoubtedly, one of the most reliable and effective solutions will be the blockchain-based system. This system can be a digital database that stores data, where it is extremely hard or even impossible to change, cheat, or hack it. Blockchain architecture is based on three main pillars: data security, transparency and decentralization. The system can be implemented not only in healthcare, but also in thousands of other spheres of our daily life.
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