Uploaded on Oct 29, 2020
Blockchain is helping in shaping the industry like never before. You can find so many use cases of this technology, and because of the overwhelming results which Blockchain is offering, it has become the technology of the future.
5 ways on how will blockchain impact healthcare
Copyright © Blockchain Council www.blockchain-council.org 1 5 Way On How Will Blockchain Impact Healthcare Blockchain is helping in shaping the industry like never before. You can find so many use cases of this technology, and because of the overwhelming results which Blockchain is offering, it has become the technology of the future. One of the primary use cases of Blockchain is to help the different sectors become more efficient, accessible and secure. Copyright © Blockchain Council www.blockchain-council.org 2 One of the prominent use cases of the blockchain platform is seen in the field of healthcare. One of the primary reasons for using Blockchain is to enhance the security of data, and the healthcare sector is flooded with a large volume of data. And hence, there is a need for a platform that will ensure the security of this data and works seamlessly. By the end of this blog, you will gather enough information about Blockchain and its application, along with the various Blockchain certification program that will help you become a Blockchain expert. Copyright © Blockchain Council www.blockchain-council.org 3 . 5 uses of Blockchain in healthcare: 1. Create a secure system- One of the elementary features of Blockchain is that it provides a secured system. All the data is available on the Blockchain platform is encrypted cryptographically. Thus, it ensures the security of data by making it far from the reach of malicious activities. Copyright © Blockchain Council www.blockchain-council.org 4 2. Drug traceability- The problem of drug traceability is common. The conventional system is not strong enough to offer seamless tracing of drugs, but with Blockchain, you can certainly overcome this issue. Blockchain's primary feature is to offer traceability of data; the same applies to drugs as well. Fake drug issues amount for $200 annually, thus making it a challenging task, but with the help of Blockchain, we can easily trace the drugs, thus ensuring that there is no barrier in the system and the end-user gets the authentic drugs. Copyright © Blockchain Council www.blockchain-council.org 5 3. Ease of accessibility- Yes, another benefit which Blockchain brings to the table is the ease of accessibility. With Blockchain, it becomes easier for everyone in the network to access and trace the data. Thus in case of emergency doctors can easily access a patient's case and medical history, thus making it easy for the medical practitioners to access the data. Copyright © Blockchain Council www.blockchain-council.org 6 4. Single patient identification- Duplication of data and mismatch is a common problem in the healthcare sector. But, this problem can be avoided by shifting all the information on the Blockchain platform. Data manipulation is next to impossible, thus making the entire system free from errors and data duplication. Copyright © Blockchain Council www.blockchain-council.org 7 5. Claim settlement- Another prominent use case of Blockchain is in settlement of the claim. Unlike the conventional platform, the Blockchain platforms are far more effective, and with the use of smart contracts, the settlement of the claim will become faster and easier. Copyright © Blockchain Council www.blockchain-council.org 8 Concluding note: With all these set of benefits, Blockchain holds boundless potential in the health care sector. In fact, it is expected to witness a CAGR of 70.45% between 2018-2024. All this information shows that the demand for Blockchain developers and blockchain experts is going to increase with time. Individuals who see themselves as Blockchain expert and Blockchain developer must enrol for blockchain certification program today. In fact, Blockchain Council's Blockchain training program suits the need of the industry and hence working professional can opt for the same. To explore more about Blockchain and its uses connected with Blockchain Council today. Copyright © Blockchain Council www.blockchain-council.org 9 Blockchain Council Certifications You can check out our certifications, and kick start your career in the Blockchain space today. ● Certified Blockchain Expert ● Certified Blockchain Developer ● Certified Smart Contract Developer ● Certified Solidity Developer ● Certified Ethereum Developer Copyright © Blockchain Council www.blockchain-council.org 10 THANK YOU! Any questions? You can mail us at [email protected] Copyright © Blockchain Council www.blockchain-council.org 11
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