Blockchain technology is reshaping the modern world, and it has found many use cases in finance, art, communication, and many other spheres. Notably, incorporating blockchain tech into healthcare will reshape the health sector and enhance health service delivery.
It’s not a novel idea, with advances already made in the implementation, but there’s still a lot of potential left unlocked. In this piece, we’ll explore some avenues for incorporating blockchain technology that can revolutionize the health sector.
Blockchain Technology in Medical Records
Storing and retrieving records can be enhanced with blockchain tech. Significantly, this innovation boosts information accessibility for healthcare providers and patients. In addition, there is privacy and security for the patient’s information.
For example, MedRec, an MIT research project that “secures patient records with smart contracts, enhancing privacy and reducing paperwork.”
Supply Chain Management in the Health Sector
By incorporating blockchain technology into healthcare, the supply of medical equipment and healthcare products is more streamlined. This feature would be powered by smart contracts, enabling an efficient and transparent flow of these medical supplies.
Telemedicine
In a nutshell, this concept involves patients consulting virtually with their healthcare providers. The patient accesses the doctor or nurse for consultation Through a digital interface, Next, the healthcare provider prescribes drugs or advises the patient.
By incorporating blockchain technology, electronic prescriptions’ transfer or storage is enhanced by smart contracts. Significantly, this facilitates patients’ access to quality care via telemedicine.
Personalized Medicine
Emphasis on patient-tailored care is easy to execute by implementing a blockchain-backed telemedicine platform or interface. On the platform, information can be collected from the patients daily which enables better treatment outcomes.
Moreover, healthcare providers draft better-structured treatment regimens for patients based on this data enhanced by smart contracts. This helps for better doctor-patient interaction and improves the overall patient experience.
Medical Research
At every stage of the research work, blockchain technology can facilitate each step causing better research results. From data collection to correction to analysis and information testing, blockchain tech would be instrumental to medical research.
While research is important in the health sector to make discoveries that improve healthcare and prolong lives, it can be facilitated by implementing blockchain technology.
In Conclusion
Blockchain technology has immense potential to reshape healthcare. As the health sector embraces it, there will be more efficient, secure and transparent systems that will ultimately benefit both patients and healthcare providers.