Research Institutions Can Boast of Better results with the Blockchain
When Satoshi Nakamoto launched the first blockchain network in 2009, he barely knew the power and potential of what he created.
Artificial intelligence, internet of things, cloud computing and the blockchain are the 4 technologies that will shape our future. The Blockchain is at the center of this, and this is how.
IoT and the millions of devices collecting information on your health (Medical Internet of things), smart homes, IoT devices in the industry (industrial internet of things), will provide tons of data on our environment and what is going on.
Artificial intelligence will help us make quick and useful sense of all these data. The human mind cannot crunch or analyze these data with the same speed and efficiency. This will help us in making faster and better decisions. The blockchain will help us decentralize and store these data.
If harnessed as described above, the future will be one of efficiency, improved health, reduction in cost and lightning speed in how we do things. Among all of these, researchers will receive the greatest benefits.
Researchers collect tons of data on their experiments and procedures, analyze and make conclusions from them. Applying artificial intelligence has helped in this regard. The blockchain will help in storing and making these data secure and accessible anywhere.
If stored on the blockchain, data can easily be collected and accessed from different parts of the world, therefore ensuring collaborations and availability of data. In the medical field, these data are mostly in form of medical records of patients.
In the current centralized system of holding medical data, such collaboration and availability of data for researchers cannot be achieved, since they are held in different databases in isolation without an efficient way of collaborating. This has hampered the pace of research as well as their results.
Using the blockchain technology, data can be accessed and shared from anywhere in the world. This is because of its decentralized nature, thus acting like a single file where everyone can write to and read from. With the blockchain, data cannot be compromised, improving the accuracy of the research results.
Research oriented platforms built on the blockchain network will go a long way in improving the accuracy of results, the speed of research and the efficiency of collaboration among researchers.
In the health sector, these benefits are relevant to improve the overall healthcare experience of patients. As well as hasten the discovery of cures for diseases.
This is why at Cura Network, we’re building a decentralized healthcare system that will allow patients’ records to be accessible, anywhere and anytime. This will act as a global platform for medical researchers all over the world to collaborate and share data.
With this, researchers have a reliable pool of information on medical records from which they can obtain data with the permission of the patients. Ensuring the correctness of data used in research and adding speed to how we do research.
