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Health care is one of the most exciting and essential civic topics of our time. And the blockchain is one of the most consequent technologies that is maturing right now. So it is not surprising that together they have a considerable chance to do very well in many new ways.
Since it can sometimes be difficult to tell the fiction from reality, especially with so many words of order going around, let's take a look at some of the practical consequences that the blockchain brings in modern health care.
Most of these have just taken off, but each responds to different needs, and each has already shown considerable potential in the numerous pilot programs launched at present in the health sector, facilitated by technology companies and data such as IBM. Here is a look at what's coming.
Supply Chain for health care
In the health care supply chain, blockchain can verify the origin of high-risk medical shipments such as vaccines, antibiotics and medical devices, as well as create a permanent record of every time objects change hands during the trip .
The sector is already animated by the potential implications, with the partnerships that are continually announced among health care systems and logistics companies that work with artificial intelligence, data services and, of course, blockchain.
One of the significant challenges in providing high quality health care is the dual task of verifying both the origin and the authenticity of each shipment related to health care. Counterfeit medicines are an urgent and potentially deadly problem in the global health care supply chain, which is why high-tech blockchain-based logistics solutions are so exciting, yet elegant in their execution.
Collectively, the health sector loses $ 200 billion a year due to the problem of counterfeit drugs. This is, of course, just a way to measure the problem. But blockchain in this context will add another level of supervision alongside familiar verification and regulation methods, such as serialization and "track and trace". The US drug supply chain security law, which was also missed in 2013, provides a bold 10-year plan to launch a blockchain-based shared ledger so that both large and small health care players can be all on the same page when it comes to chains of custody and supply of products.
Car and credentials for health professionals
When it comes to examining health professionals, nurses, doctors and independent professionals, blockchain is a way to create reliable and indeludable credentials for people working with patients and around high-value medical records.
You can imagine the consequences – or perhaps you do not have to – when people without certification or doctoral experience begin to give advice to the suspect or even prescriptions to the general public. Because of the high stake involved in patient well-being and patient-patient confidentiality, there has already been an appeal for the development of an open-source system based on blockchain credentials. Healthcare professionals are just one of the most obvious applications: technology is able to help professionals of all kinds create a permanent and indiscriminate record of each of their milestones and achievements, including titles and certifications.
Data sharing without problems and high security
Information sharing is vital in the healthcare space and not just between doctors and patients, but also between billing agencies and medical facilities, and between nurses and other staff. The blockchain is the elegant answer to the requests of the WHO and more governments for more public-private investments in advanced data infrastructures in hospitals.
At present, we have already come a long way from faxing to medical records and hope that our new doctors will successfully handle the stories of surgical procedures, medical records, bleeding, blood pressure and activity data. A confluence of public-private efforts has required legally required worldwide health care systems to use secure communication methods and electronic health records.
The experts rightly consider this to be the next significant step forward for the administration of general health care and other social security programs, such as Medicare and Medicaid. And, predictably, blockchain will improve the often complicated intersection of healthcare entities by providing the same type of verifiable credentials that will lead to healthcare professionals, and ensure that when data changes hands, each party knows that transmission is safe, information it is intact and any changes will be immediately reflected and recorded.
Fewer transactional mobile parts and more
In an industry where there are so many lives and dollars hovering, some of these blockchain health care apps do not seem to come too soon. The bureaucracy slows down the delivery of timely health results just as it slows down everything else. And the blockchain is, within it, the total elimination of bureaucracy. Investments and partnerships are developing even now, and excitement is high in healthcare systems around the world about the promise to substantially reduce mobile parts in billing transactions, examine patients and doctors, exchange medical records and more yet.
The endgame for blockchain in health care is less, but stronger, mechanisms of trust in every interaction between patients, insurance companies, hospitals, emergency clinics, ambulances, pharmacies and medical specialists.
Photo credit: everything possible / shutterstock.com
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