How to Utilize Blockchain for Enhanced Healthcare Security in Biotech

HealthIT Answers January 24, 2024
April Miller

Leveraging blockchain technology to enhance health care security in the biotech sector proves to be a promising venture. If providers and IT professionals coordinate their approaches and follow the best practices for implementation and utilization, they will strengthen their defenses.

Approaches to Blockchain Utilization for Biotech Security

While the biotech sector has entered the digital age, its current approach still leaves much to be desired. Electronic health record (EHR) systems can’t securely transfer, store or manage data. A blockchain-based alternative, on the other hand, leverages smart contracts to set strict permissions and prevent unauthorized access.

Blockchain health information exchange is another approach for enhanced biotech security. It streamlines peer-to-peer data exchanges because its decentralized nature eliminates the need for intermediaries....

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