A DApp a Day Keeps The Doctor Away

When one thinks of decentralized apps (dApps), activities like gambling or playing video games may be the first things that come to mind. However, dApps can be used for far more than simply enjoying leisure activities. Believe it or not, there is an entire genre of blockchain-based apps dedicated to healthcare.

Health-related apps can assist users with everything from staying in shape to maintaining their medical records. These relatively new applications can even assist those who work in the healthcare industry. Despite the fact that blockchain is a relatively new technology, it has already made its presence felt in this vitally important industry.

The following dApps help showcase some of the ways blockchain technology can be used to keep us healthier and potentially improve the quality of care we receive.

Wowmart
The Ethereum-based app known as Wowmart is designed to make achieving fitness goals fun and profitable. The dApp encourages users to place wagers on themselves (using cryptocurrency) as a way to encourage exercise.

Their official website provides an excellent example of how the app works.

“Let’s say you set a goal to run a marathon in 3 months. We suggest you make a public promise, backed up by a deposit. As a deposit, you leave an arbitrary amount of cryptocurrency. If you successfully pass the distance on time, you’ll receive your deposit back with some additional bonus. If you fail, your deposit will go away.”

Lost deposits go into a fund, which is the source of the bonus money given to those who meet their goals.

The bonus one receives for keeping their promise depends on the complexity of their intended goal and the amount originally deposited.

The entire process is controlled through the use of smart contracts – though there are moderators available – should the need arise.

MyMedBlock
The importance of providing doctors and caregivers with the most updated medical data available can’t be understated. After all, a medical professional is often only as good as the information he or she has at their disposal.

Fortunately, MyMedBlock is providing folks with a way to curate and manage their health information. This new dApp allows users to create their very own Private Health Information Key (PHIK) on the Ethereum blockchain. The key will allow users to conveniently store all their medical on the Ethereum chain.

The app’s ultimate goal is to eliminate “healthcare information silos that currently result in poor health outcomes.”

At present, a user can only manage their own information. However, the MyMedBlock team is working on adding a tool that would allow members to organize their family member’s info as well.

QuantMD.ai
The dApp known as QuantMD.ai is billed as a peer-to-peer artificial intelligence (AI) network for diagnostic imaging.

QuantMD.ai was created to help doctors diagnose certain diseases faster and more accurately by utilizing AI software. Among the dApps stated goals is to ensure that the most modern artificial intelligence-based diagnostic software is available to medical facilities around the world; a goal they hoped to achieve through the use of blockchain tech.

The platform offers data scientist from various locations an opportunity to work together and solve diagnostic issues, using a single code to create cutting-edge, opensource AI software programs.

Here is how QuatnMD.ai’s self-sustaining ecosystem works: “Through QuantMD’s crypto tokens, skilled experts get a monetary reward for their work and hospitals to turn their unused archived data into currency. It’s a win-win scenario where QuantMD’s currency token leads to a mechanism where the value of AI-assisted diagnosis directly funds those that have created it.”

This dApp is an example of how sharing information on blockchains can be beneficial to those who work in the healthcare industry –as well as folks in need of care.

To find more articles like this visit our website: https://blockchain.wtf/

YouTube: Blockchain WTF

Twitter: https://twitter.com/blockchainwtf

Instagram: blockchainwtf

https://blockchain.wtf/2018/12/dapps/dapps-for-your-health-healthcare-industry-blockchain-tech/