Clinics of the future. How can blockchain change the healthcare industry and when will it become available?
Blockchain technology has a recognized potential to simplify our lives by increasing speed, decreasing costs and enhancing the safety of whole life-meaning industries. One of the industries considered by most experts as ideal for reshaping by blockchain is the healthcare sector.
Some of the most important issues of the healthcare sector can be resolved. Among them are more effective treatment, reduction of costs, better data sharing for a higher probability of accurate diagnoses and enabling the rapid emergence of the Internet of Medical Things (IoMT). There are some projects which are indeed addressing these issues.
ClinicAll is a health-related ecosystem giving access to healthcare goods and services for everyone for whom access can be challenging. It enables full and profitable integration into daily hospital routines and paves the way for a future in which each member of its community will gain an access to high-quality healthcare services. Blockchain is needed to enable security for safe and fast transactions, optimize for saving time and money and enables democratization of data for its safe storage within the ecosystem.
ClinicAll has been in operation since 2008 with a headquarters in New York. Since then ClinicAll has entered into a strategic partnership with Microsoft and founded branches in many countries all over the world. As for now, for the first time ever, ClinicAll allows doctors and staff to access and edit patient data directly at the bedside. This is a truly revolutionizing service that digitizes processes, has an online community and mobile app and develops the ecosystem for direct and modern connection between doctors, medical staff, and the patient.
This project focuses on the issue of improving safety and transparency of supply chains with the help of blockchain. To achieve the goal, Chroniclied applies the technology combined with IoT that can be crucial for the pharma industry as such healthcare goods as vaccine and others need safe and timely delivery.
This is not a venture project or an ICO but is an Estonian experiment of combining blockchain and healthcare to ensure the integrity of health records and make sure they are kept safe. The Estonian government took a decision to secure the health records of over 1.3 million residents with the help of blockchain. Thus, Estonia has become the first country that has chosen blockchain for healthcare on a national scale.
Being on the verge of disruption of its digital infrastructure, the medical industry can empower everyone by providing more accessible healthcare-related services and has great potential for successful implementation of blockchain technology and the creation of a new world of health.
Much is expected of blockchain implementation into the medical sector. Exactly how will the industry change due to blockchain introduction? Only time will tell.