Just as Bitcoin Changed the Banking Industry, Can Blockchain Change Healthcare?
Bitcoin has changed the way we send and receive money. Through a decentralized and unanimous model; border barriers, centralized control by banks and transfer restrictions have been eliminated.
Why most people think finance is the only application that the blockchain technology can be used for, the core of the technology is data immutability and distributed control. The blockchain technology can be applied anywhere and everywhere data is stored and used. And medical records are important data in healthcare delivery.
In the course of treatment, a lot of data is being created on a single patient. More and more data are being created on the patient’s subsequent visits. This is a lot of data when multiplied with the thousands of patients that visit the over 20 million medical practitioners, that we have worldwide.
How are these data handled?
They are held in isolation in different databases and computer all over the world. Without a way to share data among themselves, there will be duplication of patients data and therefore the absence of a single source of truth.
How can the blockchain technology solve this?
The blockchain is a distributed network. This means that data in this network are stored in different databases all over the world, that interact and stay up to date with each other. With this, data on a particular patient can be stored, accessed and updated by everyone at anytime (by the consent of the owner, the patient). This unifies the health records of patients and provide a single reliable source of truth on the medical condition of patients.
Are medical records safe?
There are over 220k health site and over 100 EHR systems, this is a lot of databases holding medical records, how many can we say are 100% secure? Medical records are as vital as the life of the patient, thus demands the utmost security.
How does the blockchain network solve this?
The decentralized model of the blockchain network provides the utmost security. Before a hacker can access or change a single byte of data, the entire system has to be overtaken (that is the computing power of all the computers in the network has to be matched, as well as all the proof-of-work that they have done). This is theoretically (and practically) impossible.
Who controls medical records?
The records belong to the patients, but patients do not have control of their medical records. With the blockchain technology, patient can have complete control of their medical records and give access to whoever they want to .
Blockchain in Healthcare goes beyond the expectations of the healthcare department because of its data handling features. — DATA-FLAIR TEAM
These, and ease of access/global accessibility, are core features that can be applied to change how we see healthcare. Just as bitcoin has changed how we see buying and selling.
We’re doing all these at the Cura Network.
At Cura Network, we’re changing how you see healthcare delivery, improve and give you more healthy days. We’re building a global decentralized healthcare system that will solve the problem of lack of data interoperability and security. The Cura Network is built using cutting-edge blockchain technology and a very intuitive and easy to use interface. Using the blockchain technology, we’re making health records secure, easily accessible, shareable and updatable anytime and anywhere in the world.
We’re changing the world and giving people more healthy and happy days, by securing and making their medical records readily available. We’re currently on our private sales. Join us, see more info here.