Blockchain & Healthcare
Health Identities and Records
Patient data and medical research currently live in silos, creating inefficiencies in the healthcare system and hindering important exchanges of information in clinical trials. Through blockchain, this data can be stored in “black boxes” that maintain data integrity and anonymity as they are shared across agencies and institutions, reducing research costs and also allowing for patients to monetize their data.
Healthcare Supply Chain
Introducing blockchain to the supply chains of healthcare allows for reliable tracking of pharmaceuticals, medical products, devices, and facilities, ensuring regulatory standards have been met and curbing the introduction of counterfeit drugs.
IoT Health Devices
As wearables become more ubiquitous, they are playing an increasingly important role in monitoring healthcare data. Privacy concerns over the tracking of such sensitive data can be addressed with blockchain, which would secure this data and place it in the hands of the patient, who can ultimately decide who has access.