Digital Healthcare Getting Advance Transformation With Blockchain
                     Digital Healthcare Getting Advance Transformation With Blockchain 
 
Essentially, blockchain is linked to three central schemes for zero proof of knowledge, distributed digital 
books, and immutable records, all of which are suitable as building blocks for efficient mosaics to coordinate 
care. 
 
A decade ago we could never consider the clinical record and medical health leaving the infrastructure 
network of payers and providers. The cloud is a sensible future, but there are various concerns about its 
security, proper use of patient data, and the security of health data in general. The fear is still real, but in 
many areas it has been overcome with the right technology. When Estonia became the torchbearer in e-
health in 2012 and launched Blockchain for Health, the perception was largely that the initiative was well 
ahead of its time. Currently 99% of digital health data and 100% electronic invoicing in a country of 1.32 
million inhabitants (data for 2019). 
 
 
 
Most payers have a strategy to become a fully digital wellness package in the next three to four years. While 
efforts are made to ensure members have the best possible experience, there are significant negative 
incentives. The greatest challenge is enabling seamless care coordination because health care is managed by 
so many different stakeholders throughout the value cycle with so many steps of the care transition. Increase 
trust between health care facilities and scalable and distributed data exchange because interoperability is 
essential for a successful digital health care program. 
 
Essentially, blockchain is linked to three central schemes for zero proof of knowledge, distributed digital 
books, and immutable records, all of which are suitable as building blocks for efficient mosaics to coordinate 
care. Consider the major concerns about the safety and privacy of medical records. Using ZKP and quadratic 
equations, the auditor can review certain elements without disclosing all transactions. Therefore, it is not 
possible for any participant in the health care value chain to fully compile the member's medical history. This 
is a major step forward for the health care industry today to promote ethical use of members' most private 
health data. Likewise, distributed ledgers can transfer ownership of isolated portions of a member's health 
journey without having to move physical records anywhere outside of their current location, allowing 
transparency while maintaining the dynamics of the health journey. 
 
The persistence aspect ensures that the data set cannot be changed at any time without being transparent to 
all other stakeholders in the chain. This combined with auditing and action traceability will make health care 
fraud or data breaches extremely difficult. 
 
Another interesting dynamic of blockchain is that it is designed for interoperability and can break the chains 
of clinical systems in their own silos. Additionally, smart contracts can be used to create fixed transaction logs 
for all known patient health card exchanges. They can be further upgraded with FHIR approval, which can also 
be represented in smart contracts, and offer full flexibility to members to change approval levels if necessary. 
Some of the old issues in the industry, such as the phasing out of Medicaid or continuity of coverage as 
beneficiaries keep coming and going due to changes in eligibility, can mostly be resolved by establishing a 
Smart Health Profile.  
 
In the long term, artificial intelligence could influence the creation of an entirely new healthcare funding 
model behind the medical blockchain. Although blockchain is still in the making, it has developed brand 
awareness because of its focus on digital health and more federal healthcare, and is open to the introduction 
of new models of care and coordination. The blockchain is here to stay! 
 
We at Katalyst Technologies, offers Blockchain based Healthcare solutions that helps our clients to upscale 
their operations as well as services.  
 
Contact us today.  
 
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transformation-with-blockchain