Blockchain technology has made waves in the healthcare industry over the past year, and it’s not hard to see why. Whether it’s through integrated patient records, streamlined billing processes, or cutting-edge research and development, there are limitless ways in which blockchain can make an impact on this sector of society. But what exactly are these blockchain healthcare use cases? Which solutions will be most relevant by 2022? And how do we get from here to there? We’ve asked some of the leading experts to weigh in on the topic to help us get a better sense of where things are headed. Read in this blog, Blockchain Healthcare Use Cases for 2022: The Top 5.
Blockchain healthcare use cases
The following are the top five blockchain healthcare use cases for 2022, according to a report by the IBM Institute of Business Value. It found that supply chain management, patient records management, drug tracking and tracing, clinical trials management and regulatory compliance were some of the top uses cases in this sector.
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Use case 1 - Electronic medical records
Healthcare providers and researchers in India are using blockchain technology to build a single electronic medical records system that would allow patients to give consent, choose what data they want to share with which provider, and track who accesses the information. Blockchain technology could help healthcare providers comply with new EU regulations on the protection of health data while maintaining the security and integrity of patient information, saving them time and money by avoiding duplicated efforts.
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Use case 2 - Efficient clinical trial recruitment
- Hire blockchain developers to create a platform that can efficiently recruit clinical trial participants by identifying patient populations and engaging with them. - This will reduce the time and cost of recruiting participants while maintaining quality, reducing the need to rely on costly advertising campaigns.
- Blockchain technology could also be used to collect data in a secure and private manner, which is important because patient consent must always be obtained before any personal data is shared with third parties. - One use case example is where a researcher wants to study data from patients’ medical records but doesn’t want to access sensitive information like credit card numbers or social security numbers. Instead they would work with an organization using blockchain-based smart contracts who would handle collecting this data safely and securely so the researcher can get exactly what they need without any risk of hacking or leaking out sensitive information.
Use case 3 - Increased safety of medical devices
Due to the immutable, decentralized nature of blockchain technology, it can be used to track and audit medical devices in order to ensure their quality and safety. This could prevent injuries caused by malfunctioning medical devices, or at least help identify their cause after an accident has occurred. It will also enable hospitals to accurately account for all equipment on hand and reduce wasteful spending that often occurs when multiple units are purchased but only one is actually needed. Increased transparency would allow patients to review data about their own treatment history such as a surgical procedure or hospital visit with doctors before making a decision on where they want to go next.
Use case 4 - Encrypted patient data
Patient records are a treasure trove of information that can be leveraged in order to provide better healthcare services to patients while also providing valuable insights into how the healthcare system is working. However, patient data is currently not very well protected and could be used against the patient if it falls into the wrong hands. This is where blockchain technology comes in. Blockchain-based platforms encrypt data and store them on blocks so that even if one block were hacked, all the other blocks would remain secure. These platforms have the potential to increase privacy protection for patients and help build trust between providers and their patients.
Use case 5 – Managed care, cost savings and personal health records
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Conclusion
We can see that there are a number of potential blockchain healthcare use cases, and these will continue to grow in the coming years as more people become aware of the technology and its benefits to healthcare systems around the world. We hope you found this post helpful! If you have any questions or feedback about the topic, please leave us a comment below or contact us at.
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