New Delhi: Wide range of utilities and potential Blockchain The industry is now undisputed and constant research and exploration is being done to solve problems in various fields. Report under titleBlockchain applications In Health care Region published by EU Blockchain Observatory And in April 2022, the Forum took stock of the current challenges in the healthcare sector and the solutions that can be provided by the blockchain industry. We present to you the facts that came out in this report.
Affecting the efficiency of the healthcare system, we first stock the detailed issues in the EU report:
- Elderly patients with changing demographics have come under stress in the healthcare industry with chronic and complex illnesses and the transition to healthcare towards tremendous digital transformation to meet the demand.
- Digitization includes new digital methods and technology-intensive drugs for both primary prevention and therapeutic purposes.
- In addition, there has been a shift from paper-based medical records to electronic records and new technologies to upgrade healthcare services.
- However, blockchain is necessary to sustain the prevailing demand in the industry and to enable the continuous development and digitization of healthcare.
- Organizational and staffing difficulties:
- The increase in specialization has led to the demand for effective tools for multi-disciplinary collaboration that can be applied across different branches and outside the healthcare sector.
- In addition to the vast store of healthcare-related knowledge, methods and tools have brought more sophistication and complexity to the healthcare system, and are finally more susceptible to data errors.
- Patient engagement with healthcare information
- Many patients are interested in accessing their health information through patient portals or applications, although in 2021, according to Allard and Krasovsky’s research, only about 30% of patients are able to do so.
- Health system interoperability which is the ability to integrate data for different health information technology systems and exchange for improved healthcare delivery can be a solution for easy data access for patients.
Blockchain solutions:
Blockchain can be a technical remedy for these demands and concerns of the healthcare sector as follows:
- In the healthcare sector, blockchain can secure health information by combining data storage, encryption and distribution.
- Early blockchain technologies designed for healthcare are private, licensed blockchains that meet the demands of maintaining the privacy of healthcare information.
- Recording data on a blockchain using encryption or hashing data reduces access to sensitive information.
- In fact, a well-designed healthcare application on a distributed ledger can address issues surrounding data security. It ensures secure storage of data, authentic reading and writing of data.
- In addition, the data storage distributed in the blockchain can be designed in such a way as to prevent a data center from having direct access and control of the underlying patient data.
- The decentralized character of the blockchain will ensure the continuous and uninterrupted availability of applications such as CVID-19 vaccination certificates.
- In the supply chain operations of the pharmaceutical industry, blockchain can provide traceability and transparency to a wide and complex ecosystem of numerous shareholders.
- It can significantly improve the efficiency of various processes by preventing duplication of functions.
