How Blockchains Will Impact the Modern Economy

 

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A new system for healthcare

One of the most talked about implementations of blockchain is the opportunity to apply it to the broken healthcare system that is currently fragmented across a number of different tools and services. With a blockchain ledger, we could store and encode citizens' private health care records, creating permissioning such that the information is only accessible via selective permissioning.

In other words, we could securely and efficiently decide who can see the information, when they see it, and for how long. All of the transaction information between patients and doctors will be automatically stored and logged on this ledger, preventing the all-too-common threat of misinformation.

We can use this same framework in a variety of other places in the healthcare space, such as regulation compliance, testing results, and managing healthcare supplies. For perhaps the first time in history, we can begin optimizing the way we think about the healthcare space broadly, automating past inefficiencies and providing a better end user experience.

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Source: Huffington Post (View full article)

Posted by Dan Corcoran on December 12, 2017 06:14 AM

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