Blockchain technology can disrupt all areas of life, including healthcare. If there is the proper and systematic implementation of blockchain technology, it can solve the adverse problems that the healthcare world has been experiencing for a long time. For example, with blockchain document security, you can ensure that healthcare documents are secure and immutable.
Blockchain is a robust chain of records that gathers data and information. It is a tamper-proof decentralized digital ledger. The Healthcare industry can use blockchain technology at the global level to deal with all the current issues it has been experiencing. Here is how blockchain can help the healthcare sector:
Transparency in the Supply Chain
A prime challenge across the healthcare sector is ensuring the provenance of medical items to confirm their authenticity. Employing a blockchain-based system to track the medical things from the manufacturing point and at every stage via the supply chain allows customers to have complete visibility and transparency of the goods they purchase.
It is a main priority for the industry, mainly in developing markets, wherein fake prescription medicines trigger thousands of deaths annually. It is progressively essential for medical devices as well, as they are thriving quickly with the adoption of more remote health monitoring and hence fascinating the interest of wrong doers.
Patient-Centric Electronic Medical Records
Healthcare systems across the globe struggle with the issue of data siloes. Hence, patients and healthcare workers have an unfinished view of medical histories. One potential solution to this issue is creating a blockchain-based system for medical records that may be associated with current electronic medical record software and work as an overarching, single view of the patient’s record. It is critical to emphasize that accurate patient data does not go on the blockchain. But each new record added to the blockchain is translated into a unique hash function. It could be a physician’s note, a prescription, a lab result, or more. A patient can access the data by scanning the QR code. The QR code has a unique hash code that is immutable. Other people can access the data only when the patient gives consent.
Every time an amendment to a patient record, and he agrees to share a part of their healthcare record, it gets logged on the blockchain as a transaction. Hence, there is a proper record of who accessed the data and when. After all, the need and importance of document security is rising in the healthcare world.
Ensure Integrity of Clinical Trials with Smart Contracts
The vast amounts of data that clinical trials generate can overwhelm research systems, threatening the integrity of the information and the trial results. The smart contract records offer statistical analyses conducted after the completion of research and confirm to research oversight organizations that all ethical requirements are fulfilled.
With smart contracts, the actual authenticity of any document is confirmable. You already know data in a Blockchain is immutable, meaning nobody can mess with it. Hence, the data recorded during clinical trial procedures can always get approved for validity. Similarly, pharmaceutical companies, researchers, and legislators can stay confident in data accuracy. Ensure greater transparency and accountability in clinical trials with blockchain.
The Bottom Line
Blockchain is a promising solution for handling medical data, averting breaches, boosting interoperability, tracking drugs and prescriptions, streamlining treatments, and supervising supply chains and medical devices. It would help if you introduced blockchain. Get expert guidance at ProofEasy to familiarize yourself with this technology solution for flawless implementation.