Blockchain technology records transactions on a shared database that cannot be altered without verification from all its users. If blockchain technology were implemented in the health care systems it would be able to comprehensively and securely track patient health records. Most health records are scattered between primary care providers, specialists, hospital records, etc. It can be difficult to locate necessary information when treating patients because of this disorganization. With blockchain technology, healthcare providers would have access to a comprehensive ledger of medical history of their patient, because of the blockchain technology, the information would be current, private, and secure. Since the information in blockchain is not on a centralized network or a physical database, it’s secure and proves quite difficult for any potential hackers or insiders to steal to falsify information. Blockchain can also be beneficial not only in keeping track of patient records, but also by helping hospitals notice trends in supply and demand cycles when transactions are occurring.
To read more about blockchains in healthcare, visit Blockchains Benefits.