The US healthcare industry has shown great interest in blockchain technology. especially following recent cyberattacks on medical research institutions working on COVID-19 vaccines.
According to the DevPro Journal Health officials believe that the introduction of blockchain technology can provide data security against cyber criminals and hackers because it does not contain a central point of failure. Users can only access data with a very complex passkey, which makes ransomware and similar attacks zero.
What reinforces the idea of applying blockchain technology in healthcare facilities is that the attacks have been repeated over the past two years. In 2018, healthcare facilities were targeted by more than one cyberattack, which resulted in more than 15 million patient records being penetrated in 503 violations. DevPro magazine found that the number of violations increased by 60% in 2019.
The players in the healthcare industry take this into account The blockchain can offer a certain level of data protection against attacks by hackers. It will also offer many other benefits such as: provide secure and comprehensive access to the patient’s global medical records. Patients can also control access to their data.
Although blockchain can help the industry, there are still many challenges with its adoption.
Challenges that are hindering the adoption of blockchain technology in healthcare
The first of these challenges is the following All bodies involved in patient care and medical research must adopt this new model for collaborative information exchange with new read and write standards and the platforms and distributed systems required to support this new blockchain technology.
The second challenge is that Difficulty processing large amounts of data in a single transaction, like an MRI, CT scan, or even a genome sequence.
The third challenge is that Blockchain does not delete any deleted or changed records. Instead, additional blocks are added to the chain to represent these deletions and changes. This process results in the need for more disk spacewhich is a major financial and technical challenge.
Despite these challenges, major healthcare players have turned to technology. The US Food and Drug Administration (FDA) was one of the first to recognize the potential of blockchain technology in the healthcare sector. In 2017, the FDA teamed up with IBM Watson to develop a secure exchange of medical records using blockchain..
Mount Sinai wasn’t far either. In 2018 he opened one Blockchain Biomedical Research Center to evaluate its own medical research programs and partnershipsand eMQT used blockchain to examine the results of their DNA sequencing on thousands of Africans with sickle cell anemia.
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