Part 2: blockchain technology in healthcare

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This article was originally published here

ANZ J Surg. November 24, 2020 doi: 10.1111 / ans.16455. Online before printing.

ABSTRACT

Blockchain technology is one of the many disruptive technologies of the Fourth Industrial Revolution that will irrevocably change the way we live and work. These technologies are well integrated into the global finance, healthcare and defense sectors, to name a few. This review focuses on the relevance of blockchain technology for healthcare. Blockchain technology will be the unifying platform for sharing patient data that is currently inaccessible due to the siled architecture of legacy software systems and, as a result, could be the foundation for patient accuracy or personalized treatment. It will also strengthen the digital security of sensitive patient data which is currently a lucrative target for cybercriminals. In the current COVID-19 environment, doctors will rely more on telemedicine to reduce person-to-person contact. This service can be provided by the clinical team with confidence in the veracity of patient data made accessible via the blockchain platform. Smart contracts written on the blockchain platform will reduce the chance of international humanitarian aid to low- and middle-income countries being misused. The pharmaceutical supply chain industry is adopting blockchain technology to ensure the provenance of the supply chain. Similarly, the health insurance industry recognizes how the blockchain ecosystem can improve services to its members and accelerate reimbursements to doctors.

PMID: 33236489 | DOI: 10.1111 / ans.16455

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