Use Cases of Blockchain Technology in Healthcare

Blockchain is a potent technology that makes it possible for many people to access and share data in a safe manner. This presents a significant challenge in the field of digital health, where protecting patient privacy and security is of utmost importance, but where enhancing the quality of care is impossible without better patient data management across the healthcare system and the capacity to use analytics on population-level patient data. In a nutshell, Blockchain Technology can support digital health by making it simpler to securely communicate data across incredibly dispersed healthcare systems with patient consent.

Use Cases of Blockchain Technology in Healthcare

• Supply Chain Management

Every company faces challenges with seamless supply chains, but the healthcare sector faces additional complications and hazards that could have a negative impact on patient safety and health results. Pharmaceutical product manufacturing, distribution, and dispensing are all improved and secured by blockchain technology. It provides a way to keep track of drug ingredients, pharmaceutical shipment temperatures, product tracking and verification, and the identification of harmful, unapproved, and counterfeit medications.

• Safeguarded patient medical records

By giving patients a security key that matches their provider's security key, blockchain technology can enable patients to access their medical records. Blockchain Technology Frameworks supports population health projects by assisting in the collection of enormous volumes of patient data, facilitating patient data sharing, and enhancing interoperability. Keeping it secure and unchanged, also guarantees the accuracy of the medical record.

• Patient Education Regarding Clinical Trials

According to research, 85% of patients were not aware of the pertinent clinical trials while they were evaluating treatments, which prevented them from taking advantage of the therapies that the trials were offering. Additionally, the ability of healthcare professionals to find individuals in need resulted in a significant loss of time and money used for drug development. By anonymously storing patient medical data and making it accessible to trial recruiters, distributed ledgers in Blockchain Technology solutions assisted in enhancing the quality and quantity of patients enrolled for clinical trials. This enabled trial recruiters to identify qualified patients.

• Facilitates Claim Processing

Between the patient and the healthcare stakeholders, there is currently no transparency or visibility. Blockchain-based smart contracts increase data accuracy for suppliers, regulators, and other stakeholders and give them more control over their own data, which streamlines, secures, and streamlines the process of claims and payments.

• Patient Identification and Matching

Solving patient matching is an issue in the healthcare industry. Using blockchain technology, it is possible to track a specific patient’s identity.

 

In light of this, blockchain technology has the potential to significantly enhance the management, compliance, shareability, interoperability, and accessibility of patient data.

When will your healthcare app incorporate ledger technology? Our blockchain app developers have the expertise necessary to fulfill your needs and expectations. Contact us!