3 Ways That Blockchain Can Help the Healthcare Industry Focus More on Patient Care and Less on Administrative Headaches
JD Supra July 14, 2021
The healthcare industry has unique data management needs as it deals with patient information that is sensitive, personal, and confidential. However, this data is often stored and spread across different facilities and providers, which can result in tedious and inefficient processes – especially when this data needs to be accessed in an emergency. Blockchain technology is thus ideal to solve these challenges. It can store and securely encrypt patient data such as medical records, securely and automatically update patient data across multiple locations, address inefficient practices, and prevent data breaches. Discussed below are only a few of the ways blockchain technology can help healthcare.
Primer: What is Blockchain?
As a quick refresher, a blockchain is a digital ledger that contains...