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How Blockchain Concept can Revolutionize the Healthcare Industry

Blockchain technology is ruling the market and headlines of the news. Let's see how Blockchain can Evolve Healthcare System.

Blockchain is usually re-counted among the forms of a cryptocurrency known as Bitcoin. Other than being a method of payment, Blockchain can bear a broader range of benefits in the health industry. This post investigates the meaning of Blockchain and how it works in healthcare.

Blockchain

Blockchain technology is a spread out ledger that keeps track of all transactions taking place in various machines. But, it does not give room for backdated changes of records in its nature. Therefore, you are expected to make changes on the successive blocks for the maintenance of the transactions. By the use of this concept, people managing the records in respect to the users’ community at large controls the data through constant amendments and updates. The most overwhelming part is that this technology plays an essential role in cryptocurrency such as Bitcoin. It influences a multitude of industries besides the healthcare division.


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Benefits of Blockchain in the Industry of Healthcare

The Blockchain era is in progress. Putting into consideration the sudden growth in the improvement of latest and more effective AI examination systems, wearable machines, and record systems for the healthcare subdivision, cryptography will soon be an essential aspect in the functionality of hospitals. Nevertheless, some corrections are yet to be done for the overall adoption of seamless Blockchain in the medical sector. Statistics from Hyper ledger’s survey indicate that 42.9 percent of firms presume that the compatibility of electronic health data will facilitate quick Blockchain application; with a respondent percentage of 28.6% willing to practice this concept in modern care settings.

• Data Integrity and Provenance

Due to the current rise in the number of patients, healthcare providers are obligated to handle a massive bulk of health data regularly. Clinics and hospitals find it hard to manage the processing and storage of this information as a result of a consecutive annual increase in data volume. Examples of information being handled by the healthcare segment include computerized health records, medical insurance claims, data fetched from IoT gadgets or monitoring tools and patient health information (PHI).

Blockchain enhances data integrity by securing the information being shared between healthcare sources and their entities. The recorded information is protected from further amendments or removal by encryption. A typical approach that permits the security of the registered and shared information is the case of a public Blockchain. Here, evidence of data reliability is generated for ease of verification timestamp.

• Additional Safe Principles

Blockchain gives a further secure means of data protection that is better than standard encryption. By this current concept, you can implement new values in the handling of the medical records, PHI, and insurance claims. When applying Blockchain, intermediation is not part of the data being shared. Much on the implementation of Blockchain in the segment of healthcare and the awareness of the benefits of cryptography are offered by consortiums like Hyperledger. The Hyperledger’s survey indicates that medical firms delay putting Blockchain into practice due to the scarcity of knowledge in this concept. A small fraction of respondents is still learning and exploring. Medical providers presume that this concept should pass some milestones for it to be adopted.

• Data Transparency

Medical providers classify transparency as a top benefit of Blockchain in the sector of healthcare. This concept gives a distributed ownership register by keeping a record of all activities transacted in the scheme. It preserves all details beginning from the conception of a block to the transaction digits. The system checks whether the Blockchain versions match the network before executing any transaction. Therefore, each member of the Blockchain community can always detect the identity of a specific data block.

The Application of Blockchain in the Sector of Healthcare

Caregivers have a higher feeling of optimism on quick implementation of Blockchain. 37.9% predict that medical organizations will only take a maximum of 5 years to implement this technology. In the interim, these professionals and organizations require Blockchain examples and its foreseen benefits in their industry. Below are sample instances of Blockchain usage in healthcare with a description of current issues and potential solutions.

Problem: Traceability of Drugs

The issue of fake drugs is the leading challenge in pharmacology. Research reveals that about 10-30 percent of the prescriptions in developing nations are counterfeit. The US business loses roughly 200 billion dollars on medication faking annually.

Blockchain-Based Answer

Blockchain guarantees higher chances of identifying fraudulent dealers of drugs because the technology is immutable and time stamped. The two types of Blockchain include public and private. Healthcare companies with an implemented Blockchain system can achieve the quality and authenticity of their drugs by registering their products. The central entities manage private Blockchain hence the authenticity of drugs is enhanced by the free accessibility of distributors to the drug Blockchain. The Blockchain records the operational data once the medicine is transferred from the producer to the seller thus verifying the entire channel of the medication.


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Problem: Security of Data obtained from Clinical Tests

Clinical tests determine the efficiency of a specific drug in the treatment of a particular disease. These trials can either support or negate an existing hypothesis. Much of the information is recorded by the researchers in the course of the clinical examinations. The data obtained is hidden to alter the entire results of the study conducted. However, criminals strive to record the outcomes that are useful for them, whether the data coincides with reality or not.

Blockchain-Based Answer

Blockchain concept permits users to give a proof of the documents’ authenticity as the system has registered. It provides the evidence of existence through the addition of data as a transaction and the information approval by entire nodes of the network. As mentioned earlier, Blockchain keeps a record of immutable data hence stores outcome from clinical tests securely preventing any further modification.

Problem: Management of the Patients’ Data.

The "HIPAA" regulates the privacy of patients’ data. This data needs PHI for total security. But, patients may be required to reveal their healthcare records to the third parties. This is a PHI related issue. So, why does partial access contradict Blockchain data protection similarly?

Blockchain-Based Answer

Blockchain develops a hash for the ID of a patient. By use of an API, included organizations can get the information they require without disclosing the identity of the patient. Likewise, a patient has a choice to pick on the type of access and the person to share their healthcare records.

Conclusion

Blockchain technology is very beneficial to the healthcare sector. It is useful for cost and time saving, transparency, and the active logging of transactions. Adoption of this technology by healthcare providers guarantees maximum security and protection of data. Besides, Blockchain promotes advancement in medical research and correct medicine in the achievement of better healthcare services.

Related Articles

Hospitals in the modern era have embraced technology in the provision of their products and services. Creating a conducive and comfortable environment for all medical workers and patients has been an agenda for many private hospital owners. Embracing glass boards for hospitals is one of the primary strategies that have been identified as helping the professionals in creating an environment where they can execute their daily duties. Glass boards for hospitals can be utilized in many areas depending o the capabilities of the hospital management. It requires creativity so that the clear glass boards are well installed and maintained. The glass boards for hospitals may have a high initial cost, but their maintenance is low compared to the conventional wooden whiteboards.

Also, cleaning the glass surfaces of the clear glass board is easy since it does not wear out easily like the traditional wooden boards. When buying the glass boards for hospitals, the involved stakeholders ought to check for the quality of the glass to ensure that it will be durable for a long time and Fab Glass and Mirror is the best online store. If you are wondering how glass boards for hospitals can be used in modern hospitals, read on to find out more.

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Inpatient Rooms

Being admitted to the hospital can be an uncomfortable ordeal for many people. The environment can make you unable to do things for yourself including talking to the physicians responsible for treating you. In most hospitals, doctors or nurses are required to take a patient’s symptoms and report on how they are feeling. Interviewing the patient every morning on the same thing could be monotonous and tiring. To avoid this and create a comfortable environment for them, a clear glass board can be installed in the patient rooms. The patients would then be required to record how they feel very morning without undergoing an interview. Following this routine, the patient can get used to it and help the nurses and doctors to quickly check on their progress. If you are considering adding glass boards for hospitals, consider adding them to the patient rooms which will also improve the efficiency of the doctors.

In Maternity Wards

Maternity wards are filled with mothers and their children. Nurses taking care of them are required to have recorded details of each of the patients. This could be tasking if you are in a maternity ward with too many patients. It is essential to add glass boards for a hospital in the maternity wards so that you can use them to display the details of the patients. The names of the patients, their infants, and any medical detail can be recorded on the clear glass board. For convenience, it would be best to install a glass board for hospitals in every maternity ward room. Additional information that could be included in the clear glass boards includes the maternity care teams and the feeding schedules.

Pediatric centers

Young children are intrigued by the different display of colors and graphics characters on boards. In most modern hospitals, they utilize clear glass boards to make an exciting environment for children. Attractive lights are added on the clear glass boards which make children feel more comfortable. Also, cartoon characters may be added on the boards to ensure that children feel more at home than in a hospital. It is a strategy that has been known to be effective when attending to children. If you have a pediatric section in your hospital, you could consider introducing glass boards for hospitals and add attractive lighting with modern cartoon characters on them.

In Surgical Rooms

Conducting surgery within a hospital requires that several medical professionals be involved. Communication within the surgery room can be challenging if you are busy working on an emergency operation. Most hospitals today have installed clear glass boards in surgery rooms to be used for instructional purposes. The instructions about the operation can be written on the clear glass boards without the risk of contaminating the environment. Also, information about the patient being operated n can be written on the clear glass boards. Compared to the traditional whiteboards, the glass boards for hospitals are more preferred due to their ease of leaning which reduces the risk of infection within surgical rooms. Adding the clear glass board in the surgical room in your hospital will add some elegance and improve efficiency in the long run.

Waiting Rooms

Patients in the waiting rooms may need o to have access to essential information about the medical teams on duty, their availability, working hours among other factors. The glass boards for hospitals may be mounted in the waiting rooms where such information is written. This makes the patients prepared before they meet the doctors in charge. They are more comfortable knowing the doctors to expect in the diagnosis rooms. 


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