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How can blockchain improve the health system?

June 12, 2020

Today’s times are a huge challenge for humanity in terms of health. It’s no secret to anyone that the pandemic is going through Coronavirus has questioned many healthespecially from these depressed economies.

However, The post-COVID19-time solution appears to have an important ally in blockchain technologyStrictly speaking, its use has been demonstrated through the numerous options that are currently running in various areas of daily life: decentralized funding, recreation, food traceability, and clinical data management.

The time has changed. If something has made the COVID-19 clear, it is that nothing will be as it was before it was released. And the healthcare system, in particular, will be one of the most radical changes required to use disruptive technologies to cope with the current situation and similar future events.

How can blockchain improve the health system?How can blockchain improve the health system?

The use of blockchain in the healthcare system is undoubtedly a great ally for this key struggle against pandemic situations. Thanks to its decentralized technology, the system can not only be more efficient than conventional care systems, but can also respond more securely and efficiently to new requirements.

Imagine this with a simple QR code or an ENS address You can instantly and remotely access your clinical data in a secure and transparent mannerAt the same time, it decides with whom and when to share them.

It is not a secret to anyone Identity theft, private clinical information such as social security numbers and the like are commonplace by centralizing servers on which this information is hosted by vulnerable private companies.

Due to the immutability of the blockchain and its non-centralized distributed capacity in a single unit – read public or private institution -, Efficient clinical data management with blockchain technology is possible to combat malicious actors and complex situations like the one we currently live in.

By using blockchain networks, the data provided can be publicly known and unchangeable, which ensures the transparency of the data.

In this sense, It is possible to find a huge explosion of use cases in the blockchain sphere that use disruptive technology to track, trace, and treat potential coronavirus victims in this case. and also to make the medical records of thousands of patients in healthcare facilities, which cost millions of dollars annually to governments around the world, more efficient due to the bureaucratic process that their management represents.

Exemplary cases can currently be found in several countries. FLETA is one of them, even in times before the pandemic, South Korea’s native platform had developed an efficient clinical data management system for the Seoul government at St. Mary’s Hospital in the South Korean capital.

Latest is the MiPasa project, developed among others by IBM, Oracle and Microsoft together with Johns Hopkins University and the World Health Organization, Use powerful data protection and analysis tools that are available to everyone to collect reliable, high-quality data for the early and unchangeable detection of asymptomatic coronavirus carriers.

The Healthchain proposal stands out in the Latin American casewho are using the IBM Blockchain network based on the IBM Cloud to improve patient care and attention in Chile and plan to expand to the rest of Latin America.

Health passports and telemedicine with blockchain

But the development of blockchain technology doesn’t stop there. To ensure the efficient, controlled, and safe reopening of millions of people who are voluntarily isolated from the pandemic, Digital health passports like Hi + Card have become a reality that was unthinkable until recently.

With a global economic downturn due to the pandemic, Bets on using blockchain technology to revitalize key sectors in Europe are beginning to pay off.

In this sense, the Hi + Card app, which was developed in Spain to revive the tourism and air transport sector worldwide in the period after COVID19, seems to be the norm from now on.

With digital health passports for immunity, users can move freely through the various checkpoints ready worldwide due to the coronavirus crisis.

The mobile application securely and securely encrypts medical records on the blockchain and creates a unique profile for each user using the legal digital ID issued by a national agency, where a healthcare facility uploads medical information about the patient without making changes. or manipulations.

The use of blockchain technology in the medical field is increasing rapidly and solutions such as telemedicine are already emerging.that doctors participate in by posting their profiles, prices, availability and acceptance dates to receive compensation in cryptocurrencies.

In addition, the Telemedical cases suggested as Solve.Care for example, They also enable the secure and decentralized execution of medical records and transactions in the blockchain to prevent manipulation of private data.

On the other hand, The pharmaceutical industry is not far behind. Thanks to the development of blockchain protocols, it is possible to combat counterfeit pharmaceutical productsas is the case proposed by Portland State University in the United States.

With a multi-billion dollar industry like the pharmaceutical industry Using blockchain to prevent counterfeit products from filling the market is certainly a good example of how blockchain can help the healthcare system as a wholeThis saves exorbitant costs for medical care due to the use of counterfeit drugs in chronic patients.

While the fight is just beginning The growth forecast of blockchain technology is undoubtedly an incentive that will see a large market for use in the healthcare sector.

Finally, the use of blockchain, along with other disruptive technologies such as artificial intelligence, IoT and machine learning, will form the fundamental basis of medical care in the coming years.

We may see other solutions in the near future that integrate these disruptive technologies. Work as a single sentence to improve healthcare processes.