What are the benefits of blockchain in healthcare?

Additionally, while blockchain is transparent, it is also private, concealing the identity of any individual with complex and secure codes that can protect the sensitivity of medical data. The decentralized nature of the technology also allows patients, doctors and healthcare providers to share the same information quickly and safely.

What is blockchain technology in healthcare?

Blockchain technology in healthcare: The revolution starts here. In 2016 IEEE 18th international conference on e-health networking, applications and services (Healthcom) (pp. 1–3). IEEE. 30. Kuo T. T., Kim H. E., & Ohno-Machado L. (2017). Blockchain distributed ledger technologies for biomedical and health care applications.

Why is blockchain a key to a secure healthcare system?

The perpetrators stole credit card and banking information, as well as health and genomic testing records. Blockchain’s ability to keep an incorruptible, decentralized and transparent log of all patient data makes it a technology ideal for security applications.