Blockchain Healthcare
Blockchain is one of the distributed databases in the family of distributed ledger technologies. Healthcare industries are starting to realise its importance through leveraging its immutable nature for distribution of trust [1]. Blockchain in Healthcare to this date is in its infancy[2], but countries like Estonia are the first to have implemented this kind of protection into the general public and population health. [3]
92% of health executives believe that ensuring the security of consumer data is important or very important to gain trust of customers.[4] 86% health executives agree that their organizations are basing their most critical systems and strategies on data, yet many have not invested in the capabilities to verify the truth within it.[5]
The distribution of trust can most recently be seen in blockchain first real world use-case bitcoin. The displacement of middlemen like healthcare administrators or banks as proven in bitcoin demonstrates information, transaction or data can exchange hands safety. Whilst bitcoin has stolen the limelight for Blockchain, it should be understood that blockchain has many more applications applicable in the todays and tomorrow technologies. For example the financial industry, an example would be XRP ledger Ripple payment protocol and there replacement of swiftcode.
The Healthcare industry understands the very nature of big data being fragmented due to old legacy systems, and suffers because of it, it see healthcare blockchain as its saving graceDavidsuter01 (talk) 19:59, 4 August 2018 (UTC)[6]. Current examples of improvements include revenue cycles, claims processing, security, payments, supply chain management. Trust is needed for computers to shake hands and with healthcare security breaches its very difficult and risky to share data, this lack of interoperability is the term given when computer do share data. Blockchain enables interoperability which is one of the most important objectives as stated by CMS https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/Value-Based-Programs/MACRA-MIPS-and-APMs/Promoting-interoperability-webinar-slides.pdf
List of useful use cases in which blockchain healthcare companies are trying to push IP
1) Nebula Genomics 2) Doc.AI 3) Iryo 4) Proof 5) Guardtime 6) Gem 7) Distribute 8) Coral Health` 9) Medicalchain 10) EncrypGen
References[edit]
- ↑ https://www.nasdaq.com/article/distributed-health-signals-industry-embrace-of-blockchains-cm858784
- ↑ https://www.healthcare-informatics.com/article/interoperability/health-it-summit-philadelphia-industry-experts-agree-blockchain-its-infancy
- ↑ https://sam.lrv.lt/uploads/sam/documents/files/Veiklos_sritys/E.%20sveikata/priedas%20Nr_1_20171013_Estonian%20Health%20Information%20System%20overview.pdf
- ↑ https://www.accenture.com/us-en/insights/health/digital-health-tech-vision-2018
- ↑ https://www.slideshare.net/accenture/accenture-digital-health-technology-vision-2018-102424686?ref=https://www.accenture.com/us-en/insights/health/digital-health-tech-vision-2018
- ↑ https://www2.deloitte.com/us/en/pages/public-sector/articles/blockchain-opportunities-for-health-care.html
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