Quick Benefits Of Implementing The Blockchain App Development In The Healthcare

The blockchain technology explains a decentralized method of storing and processing data in a secure and safe way such that on one, or more appropriately, no one person can single-handedly alter the blocks of data stored in the system. The fact that it can't be done single-handedly does not pose a notion that it can be done. This is because the nodes which will be interacting on the network to put the data in a block and make them hang in chains are not in a central place. They could be anywhere in the world as far as they have a laptop along with internet or even a smartphone.

How can all these benefits of the blockchain application development useful in healthcare industry? The introduction of blockchain technology into any system or sector in the world comes in usually to solve problems that are particularly characterized with security, need for an efficient method of processing data, centralization which gives undue autonomy to some set of people in a community or organization, snail-like data processing speed.

The question therefore is that is the healthcare sector plagued with these problems? Is there a need for efficient data processing systems that is fast? Does the health sector need decentralization of its system? Is there a need for the safety of healthcare clients' data? The answer is YES! All of these and more needs to be solved in the healthcare sector in order to ensure that more focus can be put into actually saving lives and not the jejune matters which Blockchain technology can solve.

OPPORTUNITIES FOR HEALTHCARE SYSTEM WITH BLOCKCHAIN TECHNOLOGY

TRANSPARENT:

The Blockchain technology systems are known to be very transparent as all nodes are working all round the clock to ensure that the system does not go haywire. The presence of Blockchain technology in healthcare makes it possible for healthcare practitioners to be able to access unadulterated sets of data about their health records. This will enable the doctor to do be able to give custom fit healthcare treatment based on the information gathered on the Blockchain network.

REDUCED TRANSACTION TIME:

Blockchain technology is known to be really fast. It even boasted of completing millions of transaction in the economic and financial world. This is because there are nodes making sure that the system works correctly to achieve desired aim. The healthcare system deals with even more fragile things than financial deals, human lives. The speed at which patients’ record can be retrieved and gone through can determine whether he'll receive his next flowers in person or in a non-functioning state.

SECURE:

With blockchain, the healthcare system and its data are safe as it is highly protected by the decentralized backbone of the Blockchain technology. This means that as data is stored it becomes totally inaccessible to outsiders. The network locks on the data and it remains only accessible to the authorities the Blockchain system is built to answer to. Health practitioners need not be carrying files in funny ways all because they do not want it to be accessed by a third-party.

COST-EFFICIENT:

The cost of maintaining a Blockchain technology is peanuts compared to doing things in the old bureaucratic way. A whole lot of unnecessary human resources can finally be made to face doing the actual healthcare job or be reorganized into some more GDP building and inflation dropping use.

HEALTHCARE AND BLOCKCHAIN; THEIR MEETING POINTS

1. HEALTHCARE RECORD AND BLOCKCHAIN

The current electronic method of processing data by healthcare practitioners is not cutting it. Healthcare data has to be stored in a safe and secure way such that they become totally inaccessible for unauthorized third-party. An enormous amount of data is generated in the health sector, data which sometimes have to be shared with various departments or specialization of the health practice such as the clinicians, radiologists, healthcare providers, pharmacists, medical laboratory science and all. The way and method by which the sensitive information of the patients are moved could make or mark the patient's recovery process, after discharge or in worst case death, especially if it involves patients who have been diagnosed of terminal disease such as HIV or cancer, the long history of pre and post collection of health records cannot be afforded to be leaked.

Blockchain technology, therefore, brings a system of encrypting these sets of information in a system that allows smart and secure movement of the health records amongst those on the healthcare Blockchain network who will be given the authority to access it alone.

2. NEUROSCIENCE AND BLOCKCHAIN

Neuroscience basically involves the reading of the brain data by machine learning equipment such that at least 90% of the brain data can be stored and put to use for treating patients, research and further healthcare purposes. These enormous amount of information could run up to exabytes of data which means that big data methods have to be employed to properly process and manage these amount of data.

Instead of compiling these set of data on drives, the decentralized concepts of Blockchain technology proves to work best for neural tasks because they'd need to be made very secure and resistant to cyber-attacks. Special algorithms could also be embedded into the framework of the neural blockchain network to enhance the process of deciphering brain signals and giving the machines in-charge instructions on what action to take when a set of neural action occurs.

3. PHARMACY AND BLOCKCHAIN

The pharmaceutical industry is saddled with the responsibility of not only manufacturing new drugs or healthcare product but are also needed to ensure that the product pass through the proper channel of delivery to its patients and customers who really needs it. This will also make sure that drugs and medical products are not abused by users. Blockchain technology could make use of its god eye in tracing health products by monitoring the retail process from production until the consumer. This could also help in riding out the pseudo health products which can cause harm to the health of the patients. Simply, Blockchain technology monitors the drugs and health products by creating a network that stores information on every stage of the products. Retail buyers are able to check the origin of what they are buying, the time it has used in circulation whether it is expired or not and knowing if they are buying the real product or the fake.

4. BLOCKCHAIN AND CLINICAL RESEARCH

The clinical research sphere deals with finding new headways for human health such that we are able to give life a chance again with new innovations and methods discovered. A great deal of information and data is going to be moved around in the process amongst researchers. Therefore,there is a need to ensure that these data are not being processed and delivered into wrong hands. A system can be implemented to take the informed consent of healthcare patients in tracking and storing their information in such a way that it is secure, publicly verifiable, and immutable. The blockchain technology can be used to create its workflow. These data could also be shared in the blockchain network with authorized and verified groups of medical researchers to keep their work up to date.