Topic: How do you think blockchain can benefit healthcare? - page 4. (Read 2505 times)
In theory, the increased transparency and accessibility brought by blockchain will lower healthcare costs. However, the privacy regulations in healthcare will force companies to employ private as opposed to public blockchains. More fundamentally, healthcare needs to be revamped so that the monopoly controlling it - at least in the U.S. - is broken.
Data management is really an important part of each and every industry. When it comes to Healthcare the need for data management is much concerned, because each and every move is taken with reference to the recorded data. Earlier hand written notes were used as the data, further the same got moved to the digital form, later to cloud storage and now it's time for blockchain into the same making every process happen without any flaws.
Of course, blockchainchain can be used in Healthcare. I've even seen several ICOs from this industry. I think such ICO will continue to appear. I participated in ICO WELL. WELL Token already received.
An ICO in the healthcare sector makes no sense to me. If there was a really good project, they would simply approach a hospital or insurance company who, upon seeing how good this project is and how much money it could save them, would fund it. Why would they need a tradable token to put patient records on a blockchain, unless it's just to make them a quick buck before they disappear.
While I do agree with what you are saying, it is not reliable to assume corporations will instantly pick up blockchain just because it will save them money on paper.
It would be a great incentive though for blockchain to not only protect sensitive data, but to save the corporation's money.
there is your failing. if you cant get a healthcare provider to use it in the first place then its not a healthcare project. its just a empty ledger
if you dont think a institution will use it to protect data. your project is dead before you started.
Any information or digital asset that could be stored in a blockchain could qualify as a digital transaction. Each transaction is structured into a ‘block,’ and each block contains a cryptographic hash to add the transactions in a linear, chronological order.
Blockchain can be used for recording verified and transparent original medicines. this can prevent the occurrence of counterfeit drugs and the distribution of drugs that have expired. because in my country there are still many expired drugs in circulation. I think this is a blockchain benefit that can be used in the health sector.
in my opinion, financing health and well-being problems will someday also use blockchain technology and the use of crypto money that will be used in the times and technology development.
maybe using the blockchain system, patient data will be safer, with multiple data verification it will be very useful, but the problem is whether the hospital or medical treatment installation is ready to accept this change? but I am sure that there will be many positive impacts generated, and patients will be more assured of security, and easier to access health, this may be the time this technology is applied in every field in our lives
It will, but from what i see until now, health project with blockchain technology not really popular for investor. But if that thing want to adopt blockchain i think it will be good for it because can managed better.
Of course, blockchainchain can be used in Healthcare. I've even seen several ICOs from this industry. I think such ICO will continue to appear. I participated in ICO WELL. WELL Token already received.
An ICO in the healthcare sector makes no sense to me. If there was a really good project, they would simply approach a hospital or insurance company who, upon seeing how good this project is and how much money it could save them, would fund it. Why would they need a tradable token to put patient records on a blockchain, unless it's just to make them a quick buck before they disappear.
While I do agree with what you are saying, it is not reliable to assume corporations will instantly pick up blockchain just because it will save them money on paper.
It would be a great incentive though for blockchain to not only protect sensitive data, but to save the corporation's money.
So with blockchain technology growing and adoption coming quickly, we are obviously going to see large industries like healthcare, banking, and law enforcement begin to utilize the strengths of blockchain.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
For now, i only think the blockchain system can safely store the information in the blockchain database.
So, i think the benefit using blockchain on the health industry is, it can stored the information about patient safely.
Of course, blockchainchain can be used in Healthcare. I've even seen several ICOs from this industry. I think such ICO will continue to appear. I participated in ICO WELL. WELL Token already received.
An ICO in the healthcare sector makes no sense to me. If there was a really good project, they would simply approach a hospital or insurance company who, upon seeing how good this project is and how much money it could save them, would fund it. Why would they need a tradable token to put patient records on a blockchain, unless it's just to make them a quick buck before they disappear.
Of course, blockchainchain can be used in Healthcare. I've even seen several ICOs from this industry. I think such ICO will continue to appear. I participated in ICO WELL. WELL Token already received.
As we all know that blockchain is based on the principle of decentralization that is optimisation of traditional process by utilising the full strength of the available resources. For example, in the healthcare sector, we will be able to implement it in a way that will reduce the paperwork in case of emergency. Suppose Mr. X has his medical data available on the blockchain (along with the confidential access), any doctor treating him around the world would get his health data instantly on the fingertips so that the doctor will be able to treat it in a better way.
Mr A has blood related problem and he went through blood test and laboratory published blood test result on blockchain and mr A want to consult with the doctor regarding his problem, So He just need to share the data with doctor through internet and doctor will check the report and give him suggestions.
I mean, this is exactly what happens currently. A patient doesn't even need to "share the data" - any doctors involved in Mr A's care would generally automatically have access to the relevant data. Adding blockchain tecehnology will not bring any additional benefits.
Just because something could work on blockchain technology, doesn't mean we need shoehorn it in to already working systems. You need to show a real benefit in terms of privacy, efficieny or cost first.
Blockchain would be very useful in healthcare industry to store patients health data. It can provide the interface to doctor where the all patients data is available. Blockchain will provide secure, fastest method to reach the patient.
Let me give you example ----
Mr A has blood related problem and he went through blood test and laboratory published blood test result on blockchain and mr A want to consult with the doctor regarding his problem, So He just need to share the data with doctor through internet and doctor will check the report and give him suggestions.
Let me give you example ----
Mr A has blood related problem and he went through blood test and laboratory published blood test result on blockchain and mr A want to consult with the doctor regarding his problem, So He just need to share the data with doctor through internet and doctor will check the report and give him suggestions.
a patient can share their information to the only person they want to share.With this, there is no need of central administrator eliminated by cryptography and all the users are in the control. So, Blockchain provides security, scalability, and data privacy to the healthcare industry.
having medical data encrypted using a key only the patient has is bad.
imagine your in a coma. you cannot give consent. thus no doctor cant see your medical history because they dont have the key
however if the medical records are encrypted purely so its not cleartext. then it's just not readable without using a piece of equipment only supplied to hospitals. helps reduce outside access
and where by diagnosis are made immutible/signed off by more than one medical practicioner (lab tech and doctor) ensures the integrity of the data so that insurers cant just shout 'false claim'. thus reducing the auditing and admin. and just get on with funding medical procedures and medications faster
I do not know what I see most projects related to healthcare always fail in the ICO even though there are few who achieve success,
opening up a healthcare based ICO will fail to b sustainable after release. this is because ICO's are made by random people looking for more random people to invest. which means it never sees light of day in a actual healthcare establishment because ICO's are aiming their fundraising and promoting at the wrong people
however if its a healthcare based blockchain/DLT then the developers should be contacting
a) government healthcare authorities to request a R&D grant to develop a prototype
b) private healthcare/insurance corporations to invest
and then if they succeed in proving its utility. seek a
a) government project grant to cover costs
b) private healthcare/insurance corporations to continue financing/investing
its not just patient diagnoses that can be stored (patient medial records). its also
patient identity (including insurer)
doctor/hospital staff identity (including level of clearance)
hospital bed utility
pharmaceutical/surgical tools supply
even staff rota's
a single network/chain/dlt does not need to have just 1 usecase. it can have smart contracts for multiple purposes.
imagine a department had 36 staff and needed 12 staff per shift. the smart contract can log who should turn up and if a staff didnt turn up the software could check who else is equally skilled lives in the vincinity and not on shift to contact to fill that shift
the smart contract then signs when shift is over and publishes. and thats locked for hospitals HR/accounts and insurance devision to then release funds to pay the staff that worked. (by hr/accounts/insurance i mean other automated smart contracts of neighbouring sidechains that can view the staff rota sidechain)
patient identity (including insurer)
doctor/hospital staff identity (including level of clearance)
hospital bed utility
pharmaceutical/surgical tools supply
even staff rota's
a single network/chain/dlt does not need to have just 1 usecase. it can have smart contracts for multiple purposes.
imagine a department had 36 staff and needed 12 staff per shift. the smart contract can log who should turn up and if a staff didnt turn up the software could check who else is equally skilled lives in the vincinity and not on shift to contact to fill that shift
the smart contract then signs when shift is over and publishes. and thats locked for hospitals HR/accounts and insurance devision to then release funds to pay the staff that worked. (by hr/accounts/insurance i mean other automated smart contracts of neighbouring sidechains that can view the staff rota sidechain)
So with blockchain technology growing and adoption coming quickly, we are obviously going to see large industries like healthcare, banking, and law enforcement begin to utilize the strengths of blockchain.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
Placing all the health records over the blockchain can be beneficial as it will make it far easier to store huge personal data secured over the blockchain without any further problems with the security. I guess healthcare records are huge collection of data as patient history and current data is always very much important to the doctor to asses the patient conditions. So if you see this coming your way then blockchain will surely provide the best option to grab that data and make it accessible for the patient as well as the doctor himself over the course of time. And as I mentioned already, there will be no issues with the securities.
Indeed, the immutability of the blockchain offers great advantage for the use case you cited.
I am just afraid that while it is a great advantage to have an append only data structure for patient's info, what happens when there exists a wrong diagnosis that is left out-dated? How does one go about it? When there is no central authority to over turn recorded data on the blockchain?
And since transparency is an innate attribute of the blockchain, what happens to doctor-patient privacy?
Perhaps i'll need to read more on this to actually realize how medical-related blockchain projects can take advantage of the innate offerings of blockchain.
I am just afraid that while it is a great advantage to have an append only data structure for patient's info, what happens when there exists a wrong diagnosis that is left out-dated? How does one go about it? When there is no central authority to over turn recorded data on the blockchain?
And since transparency is an innate attribute of the blockchain, what happens to doctor-patient privacy?
Perhaps i'll need to read more on this to actually realize how medical-related blockchain projects can take advantage of the innate offerings of blockchain.
So with blockchain technology growing and adoption coming quickly, we are obviously going to see large industries like healthcare, banking, and law enforcement begin to utilize the strengths of blockchain.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
Curious your thoughts on how blockchain could benefit the healthcare industry and why.
A great use case that I can think of right of the bat, is protection of patient data, making it immutable once stored.
The type of health we could give may vary in different ways. If ever we are to input blockchain into the health care industry then I guess it can help. Blockchain can decentralise any information given by then patient. In that case, this records will now be kept and will be under he blockchain's supervision wherein will be untouchable.
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