Healthcare and blockchain: 14 benefits |

The healthcare sector is positively transformed with efficiency and security. Read the 14 benefits here.

The healthcare sector is more efficient, because with the application of blockchain, it offers us numerous advantages that transform the way in which medical data is managed and health services are provided.

Blockchain technology acts as a digital ledger that allows information to be shared between healthcare centres quickly and with the validity of the data. In addition, it is a reality within our reach.

Advantages:

The advantages of using blockchain in the healthcare sector would be the following:

Cost reduction.
Avoiding the duplication of examinations for patients.
Critical information updated without the need for any type of procedure.
Control over the history of each patient and knowledge of who accesses the history and the author of each record.
Transfer of information while maintaining confidentiality.
Automation of the supply of medicines.
Receive much more complete and reliable information.
It eliminates the need for intermediaries and third parties in transactions.
It enables the patient to pay fees to the specialist using cryptocurrencies.
It prevents counterfeiting of medicines.
It can help the health industry overcome the challenges that may arise today.
The interoperability it offers. That is, it allows access to data in all hospitals.
Data integrity can be maintained at all levels at all times.
It handles data encryption with private keys, and only the recipient can decrypt the content with their key.
This technology can be used as a means to facilitate clinical trials. It can also handle both the billing and claims process in health services.
Universal access to all its users.

Blockchain in the health sector offers various advantages, one of the most important being the improvement in the security and privacy of patient data. For this reason, it guarantees the integrity and confidentiality of the information.

Examples of Blockchain Applications in the Healthcare Sector

Electronic medical records: It allows the creation of records in a secure and interoperable way. Likewise, they can be shared with third parties.
Management of the drug supply chain: It allows drugs to be tracked from their origin to their destination. In this way, corruption ends.
Medical research: It allows the secure exchange of data. In this way, scientists accelerate the development of new treatments.

Therefore, blockchain technology has the potential to transform the way in which medical care is conceived and delivered, making the healthcare sector safer, more efficient and more patient-centered.

In this sense, as technology continues to change by leaps and bounds, it is very possible that we will see a growth in Blockchain applications in the healthcare sector.

Definitions:

Blockchain: “A blockchain is a data structure whose information is grouped into sets (blocks) to which metainformation is added relative to another block in the previous chain in a timeline to keep track of it securely through large cryptographic calculations.”

Interoperability: “The Institute of Electrical and Electronics Engineers (IEEE) defines interoperability as the ability of two or more systems or components to exchange information and use the exchanged information.”

Security: “Security (from the Latin securitas) can refer to the absence of risk or to trust in something or someone. However, the term can take on different meanings, depending on the area or field it refers to in security. In general terms, security is defined as “the state of well-being that human beings perceive and enjoy.”

Efficiency: “It is the ability to have someone or something available to achieve the proper fulfillment of a function.”

“It is the ability to achieve that effect in question with the minimum possible resources or in the shortest possible time.”