Topic: Cryptodinner with Dean Rakic “Blockchain in Manufacturing and Healthcare” (Read 97 times)

Welcome to the Cryptotexty Cryptodinner! Today our speaker is Dean Rakic. Dean was the speaker on BlockchainUA conference yesterday. Welcome to Ukraine! Please tell a bit about yourself what are you doing and how you came to the blockchain industry?

Thank you for the invitation the first and also for recommendation for the conference that held yesterday here in Kyiv. First of all, I would like to say that I’m really impressed about community around the blockchain and the crypto here in Ukraine and Kyiv, probably I will do some more business here in the next period. My involvement in a blockchain technology and industry at all comes something about five years ago. Nevertheless, I’m almost 30 years in a software development industry and in the last five years I was just step by step comes up into the blockchain technology. The first point it was just a research what is it, how it’s working, where could, should be that implemented or is it possible to implement or not to implement and so on. In the last two years I did a lot of public speeches about the blockchain implementation in some different fields, for instance in healthcare and AI held digital healthcare and also in a supply chain in manufacturing and in some tourism and such kind of different sides of the daily life usage.

The topic of today’s meeting we have a Blockchain for health and for manufacturing. Can you say a bit, how do you see these two industries in general are developing and in particularly, maybe there are some interesting projects with which you are working now and that you can make some real-life use cases of these industries?

First of all, maybe it will be interesting to say something about the manufacturing or the production or supply chain at all, because all of those tiny parts manufacturing productions are the parts of overall supply chain. At the supply chain we have as a process in which the business receives some raw materials it should be produced or reproduced or manufactured from some raw material into some values to convert some raw materials into values. That values should be transferred to the end-user or to the customer. The coal process contains so many steps or tiny parts that are involved in that process. That process from supply or from the raw material to the production and also during the process of distribution and transportation lead us to the end customer. There’re so many parts that should be analyzed and find some features, more features, new features or to analyze if there are some obstacles, if there are still happens and still remains. Nevertheless, the digitalization comes also in the world of supply chain. Maybe the needs and the aim of supply chain from the definition should lead us to some obstacles how that happens and what are the needs. The first aim of supply chain is to deliver a one maximum of the value. What that means if you deliver the maximum of the value? From the raw material you have to make at least possible costs of production, of distribution, of manipulation and to give the end consumer the maximum of the value after the production. That lead us to some more needs like our responsiveness, traceability, accountability, security and much more other points that are really important for the complete process of supply chain during the process. For the responsiveness, for example, we need just-in-time production. It’s a really needed point in the complete process and I hope beside the traceability and security, which are already somehow implemented by the blockchain and distributed ledger technologies based on blockchain. The distributed technology responsiveness will be one of the high, I can say top point of top topic for the supply chain management engine in the future.

Also, another topic you have already mentioned is a healthcare. I already did so many papers in the healthcare, because the healthcare is, I will say, hot potato from the implementation side. Nevertheless, we have so many digital parts that already involved in an overall healthcare in the medical field. We cannot talk about only digital measurement of a blood pressure or ECGs everything or some CT measurements or anything. We talk about the data and the obstacles between the data that better managed inside the healthcare process. In the healthcare it’s still remaining a problem about name an interoperability. The interoperability is the process that makes different parties to communicate on a simpler and unique way. Some of the sides from the interoperability has already fulfilled by implementing distribute ledger technology. It’s covered, but most of them are still open to be resolved in the near future. It’s not only about talking every day on a relation patient and physician or a doctor, how the data are transferred between patient from one side the user or also the user from another side the physician or a doctor. We forgot always other parties in that healthcare system. There are also insurance companies. They also need to exchange the data about how the patient, about the treatments, about any kind of party that they involved in that process. They are indexing so many data, they’re producing data and indexing so many data. The data remains also where in the system, they are fragmented inside the healthcare system at all and the fragmentation that happens we can cover with the blockchain technology, especially with the distributed ledger technology not only with the public, but in a combination between the public to the private blockchain technology based on those prototypes.

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