Blockchain in medicine

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Technology implementation and possible risks

Today, international cooperation and interaction are the biggest challenges for modern medicine. Processing medical data around the world is a rather cumbersome and time-consuming process. It seems that blockchain is one of the technologies that can potentially help medicine overcome the aforementioned obstacles, as they helped overcome the obstacles to ban gambling in a number of countries – Bitcoin casinos are now growing like mushrooms after rain, which indicates high demand On them. However, there are some existing technical problems that, according to experts, may hamper the use of the blockchain: confidentiality, scalability, and regulatory issues. Below is a detailed analysis of potential obstacles.

Scalability

Blockchain technology is great for small amounts of information, but, as everyone knows, medical data is very extensive and cumbersome. Too much information can cause serious problems in the blockchain technology used by the platform and become the main cryptocurrency on the market. It is also worth noting that recently Weiss Ratings published Healthureum. Complete information about each user of the Healthureum system will occupy all the free space of our ecosystem. The fact is that the throughput and memory capacity required for a system like Healthureum are incredibly high. Thus, instead of being a carrier of complete information about all clients, the latest technology in healthcare, based on blockchain technology, will act as a mechanism for monitoring and recording data in connection with changes in medical records. Databases inside the Healthureum platform can be represented in this form, then large files, such as x-rays, for example, will be stored outside the blocks. However, the links that will lead to such huge files will be located on the blockchain platform.

Confidentiality

The innovative mechanisms that the blockchain can provide are suitable for creating a special “control journal” for tracking and controlling such dangerous operations as the purchase of narcotic drugs. Have you ever thought that all the medical data combined is more valuable than the data of all bank cards? Thus, confidentiality is another big problem for the modern healthcare sector within the framework of Healthureum. In this regard, there is a need for additional protection of information in this area, especially in connection with the growing number of cyber crimes. The only thing that can 100% guarantee Healthureum is that organizations will have only the information that they have access to. That is, access can only be authorized, provided that users have private information through a cipher.

The blockchain healthcare platform offers various solutions to the privacy problem. One of them, for example, is a type of encryption that gives access to patient information in read-only or write mode. The access cipher will be known only to the patient himself or also to his responsible guardian. Another solution to the privacy problem is the introduction of a completely closed data array on the blockchain platform; Access to these data will be available only to the regulatory body or any other regulatory organization.

Regulatory issues

To solve the aforementioned technical problems associated with the implementation of blockchain technology in healthcare, various solutions are proposed; However, when it comes to resolving regulatory issues, this will require the interaction of regulatory authorities, as well as shareholders, copyright holders, and other interested parties. For example, standard blockchain technology is incompatible with the Law on the Protection and Liability for Information Obtained as a Result of Health Insurance (HIIPAA). Therefore, additional measures are needed if the provisions of the HIIPAA prohibit Healthereum methodologies.

Due to the fact that the blockchain is based on a distributed digital registry, as opposed to a centralized depository, information in the system can be intercepted by other people outside the healthcare system. This means that information is potentially prone to gaps and manipulation. This is a particular risk that must be taken into account from the point of view of legal regulation, especially in connection with the existing HIIPAA law.

Another challenge that introduces blockchain to the healthcare system is the lack of any legislative protocol for the blockchain-based Healthereum platform. The absence of such a legislative act that imposed sanctions and restrictions on the dissemination of information about the patient. Hopefully, regulatory authorities will take these legislative gaps into account and support the introduction of blockchain in healthcare with a legal initiative.

Conclusion

Naturally, the implementation of blockchain technology in a modern healthcare system should be tested on smaller projects in order to test the ability to exchange and track information. Blockchain technology has long ceased to be innovative in such sectors of the economy as the financial system, for example; The same is expected to happen soon in the health system. The introduction of such technology will open up a lot of opportunities for the health sector. However, all stakeholders must understand that innovation carries certain risks and dangers. As soon as the flaws of the system are identified, all activists, followers and researchers of this technology will be able to work hand-in-hand to reduce the negative consequences that threaten the smooth functioning of the ecosystem.

With such a high level of technological development, as it is now, it is very easy to offer possible solutions to such problems as scaling, confidentiality and legal regulation. We will be fairly honest that the development of Healthereum will significantly improve the effectiveness of medical data in the near future. Blockchain technology will be associated not only with the financial sector, but also with the healthcare sector. Very soon everyone will be talking about the benefits for patients and doctors, as well as for the industry as a whole.

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