USES OF BLOCKCHAIN TECHNOLOGY IN HEALTHCARE
USES OF BLOCKCHAIN
TECHNOLOGY IN HEALTHCARE
WHAT IS BLOCKCHAIN?
Blockchain
is a distributed system for recording and storing transaction records. More
specifically, blockchain is a shared, immutable record of peer-to-peer
transactions built from linked transaction blocks and stored in a digital
ledger.
Three main
components:
a. Distributed Network
Blockchain is a decentralized P2P
architecture with nodes consisting of network participants. Each member in the
network stores an identical copy of the blockchain and contributes to the collective
process of validating and certifying digital transactions for the network.
b. Shared Ledger
Members in the distributed network record
digital transactions into a shared ledger. Changes to the shared ledger are reflected
in all copies of the blockchain in minutes or, in some cases, seconds. After a
transaction is added it is
immutable and cannot be changed or
removed.
c. Digital Transactions
Any type of information or digital asset
can be stored in a blockchain, and the network implementing the blockchain
defines the type of information contained in the transaction. Transactions are
structured into blocks and each block contains a cryptographic hash to the prior
block in the blockchain. Blocks are added in a linear, chronological order.
Blockchain Model For Health Care:
a. Scalability
Health data is dynamic and expansive,
replicating all heath records to every member in the network would be bandwidth
intensive, wasteful on network resources and pose data throughput concerns.
b. Access Security and Data Privacy
The user would have full access to his
data and control over how his data would be shared. The user would assign a set
of access permissions and designate who can query and write data to his blockchain.
The user would also be able to view an audit log of who accessed his
blockchain, including when and what data was accessed. The same dashboard would
allow the user to give and revoke access permissions to any individual who has
a unique identifier.
c.
Smooth health data exchange and interoperability
Blockchain technology could enable the health data exchange systems that
are irrevocable and cryptographically secured. And this would ultimately enable
seamless access to real-time patient health data and eliminate the cost and
burden of data reconciliation.
d.
Drug Supply Chain Source and Integrity
Blockchain based system could make sure a chain-of-custody log, tracking
every step of supply chain at individual product level. Furthermore, private
keys and smart contracts can help to build proof of ownership of drug source at
any point in the supply chain.
e. Transparent Billing Management
Blockchain applications and systems provide
realistic solutions to minimize the frauds. By automating the bill processing activities,
Blockchain Technology could help to remove the need for intermediaries and
decrease the administrative costs.
f.
Technical
Advantages of Blockchain in Healthcare
Blockchain
Technology is based on open-source software, commodity hardware, and open API.
the Blockchain architecture has in-built fault tolerance, data encryption, and
cryptography technologies which as widely used and accepted as industry
standards.
g.
Advantages in Clinical
data sharing
Advance directives, genetic studies,
allergies, problem lists, imaging studies, and pathology reports are just some
of the data elements that could be distributed. blockchain could be used to
store access controls — like who a patient has authorized to see their health
data.
Dr. C.M. Manawadu
BMI Batch 9
References:
ü https://www2.deloitte.com/content/dam/Deloitte/us/Documents/public-sector/us-blockchain-opportunities-for-health-care.pdf
ü https://www.forbes.com/sites/bernardmarr/2017/11/29/this-is-why-blockchains-will-transform-healthcare/#7f6cbdc91ebe

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