Good Day all, Today I'll be doing my homework task given by professor @yohan2on, the topic is Blockchain in healthcare. Well, it's a very huge topic so I will discuss some topics of blockchain in healthcare. Let's start :

Research and Discuss the potential applications of Blockchain in the Health care industry

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BlockChain and Healthcare industry

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Blockchain is a decentralized ledger system that would be made public or private counting on the user where transactional data is being recorded and unable to change in the system. In the blockchain, information is stored in the form of blocks. In the blockchain, there is no use of a third party everything is secure. The Blockchains has some features like anonymity, transparency, security, distributed ledger, smart contracts, etc. It offers a powerful tracking solution for healthcare patients and medical drugs.

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The Healthcare industry is very important for every country in the world. The Healthcare Industry We can say that this is an industry where the cure for the disease of the people is sought.

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Blockchain plays a vital role in the healthcare industry. As Blockchain is a Decentralized System we can say that our Data is Secure. There is no Chancing of hacking. In the Health care industry Blockchain secures patient data. Blockchain secures patient data it means that no one will be able to steal the patient data. with the help of Blockchain, the patient gets her information at home. The main reason for blockchain in the healthcare industry is decentralization, immutability, etc, due to this our data is completely Secure.

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The potential applications of Blockchain in the Health care industry are as follow:

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Data Security and Privacy Issue

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Privacy and security are the most important for every patient. In the Healthcare industry, they have data But it should be written on paper. And there is no clause in this matter that the data is not secure anyone can see the detail of any person like Health reports, insurance records, medical reports, bank balance, etc All the information is on the paper So, Anyone should be easily upset the patient So, Here Blockchain enters and gives users private keys and All the Data now Secure, There is no third party involvement in the data and security. The patient gets her reports and they will be store in any private place and there is no problem for stolen our data.

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Electronic Medical Records

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Electronic Medical Records(EMR) in the health care industry are not secured. Which type of problem person have, what type of disease he has what type of medicine he will use they write it on paper and save it this is not good Because paper can easily be stolen anyone can steal her data so, blockchain is the best place here also which can secure the data and no one can steal our data because it is very difficult to hack decentralized data It is fully secured.

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Drug supply chain

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Drug use weakens the human nerves. Drug use paralyzes the human brain. Drug use can cause many diseases in the body. There are many problems for drug users and in Every Country, there are many medicines in which this is common that Drugs are found. In the Healthcare industry peoples supply a lot of drugs and this faces the problems like many of the people are using drugs so they get diseases. So, to protect people for drug Blockchain play an important role. They track the locations first due to this Decreasement in Drugs Supply peoples cannot sell drugs and in some places, drugs are found which is not legal. So, If Blockchains placed themselves everywhere in the world so this is good for every person who wants to live happily.

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Health Insurance

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When the pandemic Virus Corona came then we all know the importance of health. If a people have the ability to fight off then he will save. If you are unwell and your problem is bigger you need to go to some hospital you see private hospital but in a private hospital, the fee is very high. You can't pay the fee, The Health insurance helps You for this case they can give you all pay But what happens if health insurance data is lost, Sometimes normal peoples fraud with the insurance company like making fake bills the insurance is the big issue for all country So, Blockchain also plays an important role here they can save Your All data from fraud they secure your all information. There will be no involvement in any third party. Blockchain is very important in every place.

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Medical Errors

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After I researching about the Healthcare industry I will see that This is a report of 2016 there are a total of 251, 454 deaths due to medical error. This is due to the patient record.

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We need blockchain Here also which saves all the medical records information.

After researching I will see that there is a company that works for Medical errors namely Medicalchain

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ADVANTAGES / MERITS

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Blockchains Secures the data and information now, Every person has their private keys and no one can hack your data, not check Your Information now, Everything will be secured your information only you can see that and no one can be access to see your data Blockchain secured everything Like your Privacy. In privacy like your contact information, home address bank balance address everything will be secured now. No one gets hidden information.

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Conclusion

Blockchain is a decentralized public ledger and it is completely secure so, we need Blockchain everywhere in the Healthcare industry.

Thank you professor @yohan2on for this informative and insightful lesson.

Regards,

@elyon