Blockchain Technology For The Healthcare Sector

Blockchain Technology For The Healthcare Sector

Organizations are reportedly exploring the potention of blockchain technology as applied to the healthcare industry.

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Organizations are reportedly exploring the potention of blockchain technology as applied to the healthcare industry.

It is stated that the technology can help by exchanging data more securely, while contributing to finding a solution to interoperability issues among disparate EHR system, according to a report published by the HIT Infrastructure.

More vendors are working on blockchain solutions in healthcare as more entities express interest in the technology.

One example may be given with MintHealth, a portable, secure, and self-soveregn personal health record (PHR) built using blockchain technology. While the idea of promoting wellness to improve health is not new, previous atempts to do it have failed, as explained by Dr. Damani, CEO and co-founder of MintHeath.

“Blockchain technology holds great promise for enabling the data liquidity necessary to execute on our vision of improved population health, and at lower cost.“ , said Tee Green, Executive Chairman of Greenway Health, a leading electronic health record vendor used by over 75,000 providers and touching nearly 100 million lives, who spoke to PR Newswire.

Also, other vendors have seen a solution in blockchain technology. Hyperledger Executive Director Brian Behlendorf said that people are increasingly getting used to managing their cryptocurrency wallets. The same thing can be done with medical records, as he explained.  That may make a huge dent in patient acceptance of digitized medical records, he added.

Healthcare organizations are in search of advanced IT infrastructure solutions to achieve better efficiency. Therefore, technology like blockchain can appear as a viable solution that can simplify transactions and communicate data in a more efficient way, according to HIT Infrastructure.

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