Blockchain in Healthcare: An Overview

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Blockchain in Healthcare An Overview

• A leading blockchain app development company

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What is Blockchain technology?

• Blockchain is a peer-to-peer distributed ledger
  technology that helps obtain transparency and
  trust.
• The three main components of Blockchain
  technology are a distributed network, a shared
  ledger, and digital transactions.
• Blockchain presents a means for recording and
  verifying data in tamper-proof means that is
  public to all.

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Healthcare- How does Blockchain fit in?

• Healthcare Blockchain collects information from
  various stakeholders and personal devices and
  sensors.
• Challenge 1 Fragmented data
• Blockchain Opportunity
• Decentralized storage for patient data
• Shared data across all the network and nodes
• Challenge 2 Access to patient data
• Blockchain Opportunity
• Distributed and secure access to patient data
  across the healthcare system
• Timely updates with shared data

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Healthcare- How does Blockchain fit in?

• Challenge 3 System Interoperability
• Blockchain Opportunity
• Decentralized network of users
• Enables transparency and authenticity
• Challenge 4 Cost-effectiveness
• Blockchain Opportunity
• Reduced transaction costs with smart contracts
• Elimination of third parties, thereby reducing
  time lags

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Blockchain Use-cases in Healthcare

• Securing patient data
• There are no standard procedures for patient data
  management among individuals.
• Blockchain helps the users to share information
  across a single secure platform, requiring
  permissions to release.
• Reducing costs
• There are a number of stakeholders involved in
  the Healthcare industry while making
  transactions.
• Blockchain removes third parties by making smart
  contracts and digital transactions that are
  tamper-proof and shared across entire Blockchain
  networks.

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Blockchain Use-cases in Healthcare

• Drug traceability
• Counterfeiting is a major issue in the pharma
  supply chain. 30-40 percent of the drugs sold in
  developing countries are counterfeit posing
  serious health issues.
• Blockchain provides security in the process by
  making the entire supply chain visible.
• Clinical trials
• The data produced from the trials is passed
  through many hands reducing the standardization
  of the data.
• Blockchain in the pharma industry provides proof
  of existence and verification of trial data and
  allows secure data sharing among research
  scholars.

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Conclusion

• The Healthcare industry is a complex network of
  various systems that has many interconnected
  entities.
• Considering Blockchains capabilities, it is one
  of the most secure and reliable technology for
  the Healthcare industry.
• Blockchains opportunities in patient-data
  portability, interoperability, and administration
  can provide answers to various challenges in the
  Healthcare industry.

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Why Debut Infotech?

• Debut Infotech is a reputed app development
  organization having a rich talented pool of
  Blockchain app developers.
• Here are a few reasons why you should hire us for
  your Blockchain app development for the
  healthcare industry
• Best-in-class technologies
• 24/7 technical support
• Proficient team of developers
• Paramount engagement model

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Thanks You For more info contact us via Mail
info_at_debutinfotech.com Call 1-703-537-5009