Published by: Albert Gibosse — Blue Label Weekly Magazine
It mustn’t be a surprise that in Massachusetts alone, there are more than 26 different electronic medical records systems.
Using blockchain technology, that is able to integrate and execute smart contracts, we are providing a sustainable solution to the fragmentation as that helps by linking the healthcare providers together and allowing them to share their data.
Every instruction by a patient creates a specific smart contract that only the patient can cryptographically sign.
With security being a crucial benefit, the distributed ledger with no single place of attack or failure makes the system extremely secure.
Medical providers run a program module, which, first, allows the healthcare provider access to the data when the blockchain is instructed to give it; second, executes the patient’s instructions as and when needed, sending data to a pharmacy or a specialist for referral — with the patient’s consent; third, allocates computing resources to access the database, as instructed by the smart contracts initiated by the patient.
Own, Track, Control and Monetize Your Own Health Information
Blockchain in the health sector affords patients with the ability to own and control their own health information as you control who sees what. Likewise, patients can actually profit from their health
and demographic data, with the option to sell it to health research studies or drug discovery.
Using machine-learning with blockchain, we can even maximize our health.