Big Data In Healthcare with Powerful Analytics

In every significant healthcare undertaking, ‘Big Data’ plays a vital role. Let’s dive into Pulse’s role in the application of healthcare big data and shaping its potential brilliant future.

“Big data in healthcare” is the ample health data accumulated from various sources such as genomic sequencing, electronic health records (EHRs), pharmaceutical research, medical imaging, payor records, wearables, and medical devices among others.

Healthcare big data differs from traditional electronic medical and human health data that aids in physician and institutional decision-making in three characteristics:

• Since it is derived from many sources, it is highly variable in structure and nature.
• It is available in extraordinarily high volume.
• It moves at high velocity and spans the health industry’s massive digital universe.

With these characteristics in mind, Pulse leverages the prowess of blockchain technology to manage healthcare big data.

Blockchain Tech X Healthcare Big Data Management

The healthcare industry is undergoing a significant shift in response to extraordinary technological breakthroughs. The existing healthcare data management systems are centralized, which poses a risk of a single point of failure during natural disasters. To address this issue, blockchain technology has emerged as a promising solution to the data management challenges in the healthcare docket.

The industry as a whole has shown a lot of interest in the use of blockchain technologies for the delivery of safe and secure healthcare data. Taking the example of one of Pulse’s decentralized applications, say Pulse Pocket (Personal), it is evident that blockchain has the potential to reduce or eliminate many of the most significant challenges of today’s healthcare big data management such as data ownership, flexible access, information governance, patient consents, privacy, security, traceability, data auditing, immutability, and the reconciliation of conflicting changes from multiple sources.

Notable Benefits of Blockchain to the Challenge of Healthcare Big Data Management

At Pulse, we believe that blockchain technology (and artificial intelligence as well) are poised to revolutionize the healthcare industry by streamlining the processing of healthcare big data while prioritizing privacy. This innovative technology will achieve this by creating standardized and formalized contracts for data access, and improving the efficiency and trust of data management processes.

• Enhanced Data Auditing — This technology aids in the handling of data in certifiable and tamper-proof methods. With blockchain, it is easy for auditors to easily verify transactions and information passing through healthcare institutions while also helping to avoid unnecessary data redundancies.
• Friendly Data Processing Costs — Blockchain reduces organizational costs associated with third parties and medical providers can save money since the ledger technology gives them access to all of their patients’ data without having to go to different places.
• Increased Data Accuracy — This data accuracy comes about through the storage of patients’ medical data on a network between blockchain nodes in an automated manner. This automation ensures the records are always up to the minute, traceable, and tamperproof.
• Global Data Sharing and Data Interoperability — Any patient data stored on a blockchain framework will always adhere to standardized data codes while offering global access and traceability features to medical institutions.
• Data Privacy and Security — There is secure data flow and permissions (smart contracts) while still offering a distributed way of storing data to avoid a single point of failure.

PulseMed’s Role in Tackling the Healthcare Big Data Challenge

Pulse addresses a long-standing need in healthcare by providing a one-stop, comprehensive medical data bank that dismantles silos and democratizes access to the latest diagnostic and pharmaceutical advancements. This innovative technology leverages AI-enabled diagnostics to empower clinicians with real-time, actionable insights, enabling them to make more accurate diagnoses and deliver optimal care. Additionally, Pulse equips patients with the knowledge and tools to make informed healthcare decisions.

To tackle the healthcare big data predicament, we ensure that immutability is insisted in our underlying architecture, such that data stored in the blockchain is timestamped, cryptographically sealed, and immutable, ensuring that it cannot be altered or falsified once validated on the distributed ledger. Authenticity is another much-needed feature in medical data and through the blockchain technology running our dApps, it is possible to verify data, providing transparency, and traceability to authenticate the origin and integrity of medical data from a trusted network of participants.

Technological improvements such as blockchain and AI are allowing healthcare big data to be converted to useful, actionable information despite the challenges traditional healthcare faced. By leveraging these appropriate tech breakthroughs, Pulse can use big data to inform the movement of medicine toward value-based healthcare.