There is much that Blockchain technology can contribute towards health care. Usually, healthcare data are stored in a centralized system which is customized as per the requirements of health care providers and their requirements. This can make data storage fragmented. It also prevents information being easily shared between systems. This is often termed as interoperability. With such bottlenecks created in the sharing of information, there can arise frustration between patients, researchers, regulators, and providers. The lack of standardization in the storage and sharing of data is one of the flaws that all the modern healthcare industry. Blockchain technology and how it works These flaws can be eradicated by Blockchain technology. This technology can be termed as an immutable and distributed platform that records digital events that can be shared between peer groups as it forms a network of database systems. The decentralized approach towards storage of data provides a shared responsibility to all participants to ensure security and data integrity. A time stamp is used to authenticate data changes to the system. This suited for any kind of healthcare practice. Every edit that is carried out by different users who are permitted to access or make changes in the data are recorded. Hence, accountability and transparency are the biggest assets of Blockchain technology. Patients, as well as providers, can access updated records of diagnostic tests, prescriptions, bills outstanding, services rendered, prescriptions and so forth. Such data can be viewed, shared, edited in real time. Hence, a more coordinated management approach can be adopted when Blockchain technology is implemented. It can provide structured access as well as helps maintain privacy due to the privacy control features that are present. There are sensitive patient data that need to be accessed with care and privacy is an important issue. However, with features like patient identification, user authentication, and patient consent one can have more control over their medical records as well as prevent erroneous malpractices such as fraud and incorrect bills and claims. With a chain of trust that is created, accountability is improved across peer groups. Challenges to overcome There are challenges that need to be addressed in order to make Blockchain an effective solution to health care access and system standardization. There could be challenges like high volume transactions or low-value processes that might clutter the system. A protocol establishment is necessary to effectively use such an ecosystem. Hence, the number of applications that would be made dependent on such a system as well as the number of users needs to be controlled. That is where Healthureum comes in as a designed and regulated platform that will allow decentralized applications to be created and there would be permission as well as permissionless processes on this platform. Many might feel concerned about how such a system would function, especially with the different compliances and standards that are part of any health care system in the world. When it comes to data and regulatory compliance, as data in such an ecosystem are stored in a distributed form, the data does go beyond a single organization’s virtual wall and can expose the system to potential risks, breaches of integrity and confidentiality. The other concerns are regarding the scalability of storing medical records. These can be bulky files and records that can impact storage and performance of a Blockchain ecosystem. Hence, an efficient solution is required whereby reference points can be accessed for sourcing different kinds of data. With hash codes sources of data can be pointed and the storage can be off the Blockchain platform. However, integrity and security in associated database systems which are not on the platform need to be ensured for a reliable and scalable system to be built. Indeed, Blockchain does offer a lot of potential for the health care system, but several constraints and challenges need to be foreseen and provisions made to overcome the same. That is where Healthureum comes in. This platform can help create the right solution for a scalable platform where access controls are provided for data storage, sharing of the same and enabling telehealth services. It can help bring a lot of healthcare service providers on a single platform and allow individuals to access health care most conveniently. Healthureum also brings in the token-based approach for paying for the services obtained through this system which ensures prompt payment for service providers and ease of access and payment convenience for those who avail such services on this cryptocurrency based ecosystem.
Blockchain Approach Towards Health Care Data Management
To say the blockchain technology is advanced will be regarded as a very big understatement. Hospitals and healthcare providers should understand the why it is getting all the attention. Blockchain and crypto technology is the new norm, with the blockchain crypto technology being widely used by Healthureum, Healthureum is here to stay. Healthureum is a […]Read More
Cryptocurrency? Blockchain? These words remind many people more on the Matrix Movies than on real money. But last year Bitcoin increased its value more than 1500% and many people all around the world begin to wonder what’s it all about. There are endless reports and explanations going around how the Bitcoin system functions in details, […]Read More
In this article, I have explained how Blockchain is upsetting the online education countryside and the benefits it can have for the future of Blockchain online learning. The Blockchain rose to prominence in the year 2017. Many of the attentions have been concentrated on cryptocurrencies that include Bitcoin, Ethereum, and many another famous cryptocurrency. The […]Read More