Blockchain Applications in Healthcare

news-medical, 05/01/2021

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Beesens TEAM

Blockchain Applications in Healthcare

"Developed countries spend a good chunk of their gross domestic product (GDP) on healthcare. However, hospital costs continue to mount, along with inefficient practices and health data breaches are poised to continue.
This is one area where blockchain technology can improve the situation. It can do many things, from providing secure encryption of patient information to handling epidemics.
Estonia is a forerunner in this field, having begun to harness the power of blockchain in healthcare in 2012. Currently, its entire healthcare billing, 95% of health data, and 99% of prescription information is digitally maintained via blockchain.
What is Blockchain?
The term ‘Blockchain’ denotes a shared immutable record, of a chain of transactions, each comprising one block, with the blocks being held together by cryptographic keys (“hashes”).
These keys or signatures are stored in shared ledgers, joined by a mesh of nodes, or processes that connect them. Each node has a copy of the whole chain, being constantly synchronized and kept up to date....." Lire la suite