Blockchain technology is becoming more popular with time, thanks to more and more companies looking for a better technology for storing as well as sharing data. Many industries have started utilizing blockchain as they strive to provide security, transparency as well as accessibility while storing and sharing data. Well, if you are not familiar with blockchain, it is the use of digital ledger to record transactions made using crypto currencies.
The medical industry has not been left out as far as the technology usage is concerned. Many medical firms have applied the technology to improve its efficiency in many aspects of their operations such as data accessibility, medical monitoring, and supply management among many others. This article will focus on three key advantages of the use of blockchain in the medical industry.
This blockchain project focuses on treatment of life-threatening diseases. TrustedHealth aims to provide efficient communication platform between patients and doctors. This will go a long way into improving data accessibility and application of the best diagnostic methods in treatment of patients.
Usually, the healthcare has problems to do with speed as well as efficiency. The blockchain project has come in handy to let patients and medical practitioners communicate more efficiently in a transparent manner. This decentralized system also allows patients and doctors to share information safely and consequently, enable doctors to offer consultations on their different areas of expertise to patients located all over the world.
With this platform, there is not only guaranteed reliable and secure connection, but also much better speed as well as access. Transactions done through the platform are authenticated and transparent.
Its TDH token, which is priced at 0.0000 ETH, is Ethereum network-based. The people who use TDH crowdsale have a chance to select diseases to add to the general list. You can receive various premium accounts including HealthPass, HealthControl or HealthPass+, depending on the TDH tokens you have. The accounts enables patients to get assistance, guidance as well as access to health premium services.
Blockpharma uses blockchain technology to prevent usage of counterfeit drugs. According to a research, many people die from the usage of counterfeit drugs and other counterfeit medical products.
It is focused on coming up with solutions to track drug sales online. It already has such solutions that can enables participants to interact and report on any suspicious activities as far as fake drugs are concerned.
Blockpharma has developed an application that traces where medical products are purchased as well as establish the exact manufacturer of the products. The French-based start-up utilizes sophisticated algorithms to enable it improve on their efforts to prevent counterfeit drug usage even more. As the usage of the mobile application increases, its dataset also increases and hence, increase of its efficiency with time.
The blockchain-based AI aims to avail biological data to consumers. Doc.AI, based in Palo-Alto, has successfully implemented natural language processing as well as computer vision in the platform in an effort to make the platform provide medical data insights. Well, the technology enables generation of predictive models to help patients know exactly which data to provide their doctors.
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