Blockchain in Healthcare

dr.Gachet

dr.Gachet

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Jun 18, 2018
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Blockchain technology is a topical issue in innumerable fields, ranging from finance to law to logistics and beyond. Healthcare sector remains one of the key areas of activity in which the use of distributed ledger technology is an urgent necessity. Of course, the new technology will not save your life, but it will greatly simplify physicians' work and patient care.

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The very low productivity and an unnecessary bureaucracy remain the most common problems in the medical industry all over the world. Startups created for solving these tasks will definitely be in the trend for the next few years.

Medical Record-keeping Solutions

Nowadays, a patient’s medical records is a puzzle with its pieces dispersed across multiple providers and organizations. One piece is held by your primary care doctor. Several pieces are held by every specialist you have visited throughout your life. Another set might be held by wearables or devices that track your health. Blockchain could help us assemble all of these pieces in real-time and view the entire picture of a patient’s health, with the confidence of knowing it’s both comprehensive and up-to-date. There is another one aspect of medical records storage. The blockchain technology will allow patients to control access to their medical records.


Currently, there are several companies that specialize in blockchain medical records storage solutions. For example, US-based SimplyVitalHealth has developed ConnectingCare system, a local electronic patient record that allows health and social care professionals directly involved in your care, to share a summary of your medical record. Your Connecting Care record will help those caring for you to manage your care better, allowing information to be shared quickly and safely. Connecting Care's algorithms give recommendations for effective use of different clinics' services in order to preserve the benefits of medical facilities and simplify the life of patients.

Blockchain AI Doctor

The medical space is so broad and all-encompassing that there are simply not enough professionals to tend to the needs of patients across the globe.

Through the use of two revolutionary and groundbreaking technologies, that of the Blockchain and deep machine learning, Doc.ai is hoping to bring Artificial Intelligent medical knowledge to people’s smartphones.

The global medical industry is gigantic, yet it is inefficient in its availability to patients. However, through Doc.ai’s platform, the belief is that users of the technology will be able to have natural language conversations with their AI doctors on their smart devices about their personalized medical issues. Datasets collected will be auditable on the Blockchain and will help in training the AI to be able to learn and adapt to individual’s needs and requirements.

“We do not want to replace the doctor, we want to replace the patient because we realize we want to be replaced with better versions of ourselves. And we have found many doctors who also want to be upgraded in the same way,” said Walter De Brouwer, founder and chief executive officer of doc.ai.

Supply Chain Tracking
Supply Chain Tracking is the most well-known method of blockchain application. Storing drug information on a blockchain allows to track it's manufacturing, retailing and distribution processes.
One such example is MediLedger Project, a blockchain network which brings together leading Pharmaceutical Manufacturers and Distributors to meet track and trace regulations, and to provide a step function improvement in the overall operation of the supply chain.

Blockchain and Biohacking

Bringing the blockchain to medicine, sometimes, takes on the most unusual forms. For example, the marketing manager of the bitcoin-ATM company, Martin Wismeyer, has implanted in his hand a chip NFC which stores his bitcoins (Bitcoin).


The access password is stored on the chip itself, which is difficult enough to crack. In addition, this method of payment is extremely convenient — you can make purchases with a wave of your hand.

‘I can safely say that most of the bitcoins, more than 80%, I lost because of hacking, theft and other problems. If I had a chip in 2010, I would probably be very rich now,’ he said.
 
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