Blockchain in healthcare: from promise to reality
Beyond crypto and commerce, blockchain finds real applications in healthcare. From medical records to the supply chain of medicines – the technology promises to improve systems that are inefficient.
Thank you for reading this post, don't forget to subscribe!Medical records
A key problem: medical records are split between hospitals, health insurance funds and private doctors. Blockchain can create a “one true record” that the patient controls and can share with any care provider. Projects like Mediledger work in this direction.
The supply chain of medicines
Counterfeiting medicines is a global problem. Blockchain can track a drug from the manufacturer to the pharmacist, immutably documenting each step. IBM and Walmart tried it with food; At Pfizer and more applied in medicines.
Clinical trials
Transparency in clinical trials is an old problem – researchers don’t always publish negative results. Registering the experiments on the blockchain ensures that results cannot be changed retrospectively.
Challenges
Integration with old systems, strict regulation (HIPAA, GDPR), and data privacy are the big challenges. Public blockchain and sensitive health data are not a simple combination. Read about the future of the Web3.
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