Uploaded on Oct 29, 2020
Blockchain is helping in shaping the industry like never before. You can find so many use cases of this technology, and because of the overwhelming results which Blockchain is offering, it has become the technology of the future.
5 ways on how will blockchain impact healthcare
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5 Way On How Will Blockchain Impact Healthcare
Blockchain is helping in shaping the industry like never before. You can find so
many use cases of this technology, and because of the overwhelming results
which Blockchain is offering, it has become the technology of the future. One of
the primary use cases of Blockchain is to help the different sectors become more
efficient, accessible and secure.
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One of the prominent use cases of the blockchain platform is seen in the field of
healthcare. One of the primary reasons for using Blockchain is to enhance the
security of data, and the healthcare sector is flooded with a large volume of data.
And hence, there is a need for a platform that will ensure the security of this data
and works seamlessly. By the end of this blog, you will gather enough information
about Blockchain and its application, along with the various Blockchain
certification program that will help you become a Blockchain expert.
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5 uses of Blockchain in healthcare:
1. Create a secure system- One of the elementary features of Blockchain is
that it provides a secured system. All the data is available on the Blockchain
platform is encrypted cryptographically. Thus, it ensures the security of data by
making it far from the reach of malicious activities.
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2. Drug traceability- The problem of drug traceability is common. The
conventional system is not strong enough to offer seamless tracing of drugs, but
with Blockchain, you can certainly overcome this issue. Blockchain's primary
feature is to offer traceability of data; the same applies to drugs as well. Fake drug
issues amount for $200 annually, thus making it a challenging task, but with the
help of Blockchain, we can easily trace the drugs, thus ensuring that there is no
barrier in the system and the end-user gets the authentic drugs.
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3. Ease of accessibility- Yes, another benefit which Blockchain brings to the
table is the ease of accessibility. With Blockchain, it becomes easier for everyone
in the network to access and trace the data. Thus in case of emergency doctors
can easily access a patient's case and medical history, thus making it easy for the
medical practitioners to access the data.
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4. Single patient identification- Duplication of data and mismatch is a common
problem in the healthcare sector. But, this problem can be avoided by shifting all
the information on the Blockchain platform. Data manipulation is next to
impossible, thus making the entire system free from errors and data duplication.
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5. Claim settlement- Another prominent use case of Blockchain is in settlement
of the claim. Unlike the conventional platform, the Blockchain platforms are far
more effective, and with the use of smart contracts, the settlement of the claim will
become faster and easier.
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Concluding note: With all these set of benefits, Blockchain holds boundless
potential in the health care sector. In fact, it is expected to witness a CAGR of
70.45% between 2018-2024. All this information shows that the demand for
Blockchain developers and blockchain experts is going to increase with time.
Individuals who see themselves as Blockchain expert and Blockchain developer
must enrol for blockchain certification program today. In fact, Blockchain Council's
Blockchain training program suits the need of the industry and hence working
professional can opt for the same. To explore more about Blockchain and its uses
connected with Blockchain Council today.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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