Blockchain in Healthcare: The Key to Unlocking Seamless Patient Data Exchange and Interoperability

Fagen Wasanni Technologies August 12, 2023
Anna Singh

Blockchain technology, originally designed to support the digital currency Bitcoin, is now being hailed as a revolutionary solution for the healthcare industry. It has the potential to transform the way patient data is stored, shared, and protected, thereby unlocking seamless patient data exchange and interoperability.

The healthcare industry is a complex ecosystem with numerous stakeholders, including patients, healthcare providers, insurers, and researchers. Each of these stakeholders generates and uses a vast amount of data, which is often stored in disparate systems. This fragmentation of data creates significant challenges in terms of data exchange and interoperability. It can lead to inefficiencies, errors, and even compromise patient safety.

Blockchain technology, with its decentralized and secure nature, offers a promising solution to these...

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