Question

Discuss in detail, various applications and benefits of blockchain technology in

healthcare sector with suitable examples.

23 Sep 2023
Answer :
Word Count : 622

Applications of Blockchain Technology in the Healthcare Sector:

  1. Health Records Management:
    • Application: Blockchain can securely store electronic health records (EHRs) and allow for their seamless, authorized sharing between healthcare providers, ensuring that patients have a unified health record accessible from any facility.
    • Example: MedRec, a project out of MIT, uses blockchain to manage EHRs, providing patients and physicians with a comprehensive, tamper-proof medical history.
  2. Clinical Trials & Research Data:
    • Application: Blockchain ensures transparency in clinical trials by recording and time-stamping every process and result. This can reduce fraudulent data and increase the trustworthiness of clinical results.
    • Example: Embleema offers a patient-driven network based on blockchain that allows patients to share their health data for clinical research.
  3. Drug Traceability:
    • Application: Counterfeit drugs are a significant problem worldwide. Blockchain can track _____ ______ __________ ______ __________ ___ _______ _______ ___ _____ __________ ____.
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