Blockchain in Healthcare: Safeguarding Medical Records & Patient Privacy

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Blockchain in Healthcare: Safeguarding Medical Records & Patient Privacy
The first thing which comes to your mind when you hear Blockchain must be cryptocurrency. But it is being explored and implemented in various other industries such as finance, supply chain management, healthcare, voting systems, and more, to improve transparency, security, and efficiency in various processes. Blockchain-based data storage has become a topic in healthcare due to its ability to protect sensitive medical data, patient records, and diagnostic images.

What is blockchain?

It is a decentralized, distributed ledger technology that records transactions across multiple computers in a way that makes them immutable and tamper-resistant. As the name suggests it's a chain of blocks containing digital information namely transactions, contracts, or other data stored in a public database. Each block in the chain contains a cryptographic hash of the previous block, a timestamp, and transaction data.

Why this much-complicated system is needed for healthcare, you might ask now. Let’s find the answer and then see more about blockchain.

In recent years, healthcare has witnessed significant advancements, including telehealth services, COVID-19 tracking systems, and online scheduling tools, all aimed at improving accessibility. However, alongside these benefits, there's a rising concern: the vulnerability of patient data to breaches and compromise.

What type of information must be secured in health care? That is a question we should ask before learning how to secure them.

This video contains
-Exploring Blockchain's Role in Healthcare
-Understanding Blockchain Technology
-Why Healthcare Needs Blockchain
-Types of Information to Secure in Healthcare
-Traditional Data Protection Methods vs. Blockchain
-Current State of Healthcare Data Breaches
-The Solution: How Blockchain Addresses Healthcare Data Security
-Applications of Blockchain in Healthcare
-Real-life Examples: MedRec, Health Wizz, Medicalchain, PokitDok
-Challenges and Considerations
-Conclusion: The Future of Healthcare Data Management with Blockchain

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