Blockchain Projects Battle for Health Records in London, Seoul and USA

Vulnerable to massive data hacks, siloed from effective communication, and frustrating to patients and healthcare providers alike, Electronic Health Records (EHRs) are ripe for disruption.

Some of EHR’s greatest problems include interoperability, accessibility, and security. From examples like Equifax to Anthem Blue Cross, centrally-stored data has often proved vulnerable and lucrative in the modern age of cyber attacks and data leaks. Its estimated that health data breaches cost approximately $6.2 billion each year.

Blockchain technology is poised to provide five major improvements to EHR systems, including:

1. A complete and easily accessible health record

2. Patient control

3. Security

4. Improved data quality and quantity for medical research

5. Reduced costs through...