Blockchain and healthcare

Efforts are already underway to utilize blockchain technology to manage medical data, and experts say there’s much more that can be done with blockchain to fix some of the challenging issues with the healthcare system.

John Halamka, CIO of Beth Isreal in Boston, envisions a faster and easier transmission of critical medical data across different facilities. Blockchain enables this while still ensuring the confidentiality and security of those records.

As of now, blockchain technology in healthcare has yet to be adopted on a national scale, but there are a number of companies startups looking to change that.

Hashed Health works with healthcare enterprises to create and launch new blockchain-enabled solutions to address long-standing industry problems. They also have a dedicated blockchain development studio and solution incubator and a free and open community for discussion and collaboration on blockchain applications in healthcare.

MedRec is another company that applies blockchain smart contracts to create a decentralized content-management system for healthcare data across providers.

While blockchain can’t address every problem plaguing the healthcare industry, it has the potential to increase the efficiency of electronic medical records, visibility into your own medical history, and trust between patients and providers.