Blockchain is a technology with seemingly infinite possibilities in a digital age; as a peer-to-peer ledger network, it has the ability to store any kind of data that might have privacy concerns in a decentralized space. One such industry that could benefit from blockchain use and is actively exploring the potentials is the medical field, reports Pharmacy Times.
Blockchain is most commonly known for bitcoin and ether, two tokens from their respective networks that trade on exchanges. Bitcoin is only the cryptocurrency on its blockchain for now, but ether is native to the Ethereum platform, which hosts a wide variety of decentralized finance apps on top of its blockchain.
Because of the way that blockchain technology works, with each block containing a time-stamped set of data that links to the block before it and uses cryptography to ensure privacy and anonymity, it seems to be a reasonable step to consider this particular technology for confidential medical records.
Continue reading: https://www.nasdaq.com/articles/blockchain-could-be-the-future-for-electronic-health-records-2021-10-25
Blockchain is most commonly known for bitcoin and ether, two tokens from their respective networks that trade on exchanges. Bitcoin is only the cryptocurrency on its blockchain for now, but ether is native to the Ethereum platform, which hosts a wide variety of decentralized finance apps on top of its blockchain.
Because of the way that blockchain technology works, with each block containing a time-stamped set of data that links to the block before it and uses cryptography to ensure privacy and anonymity, it seems to be a reasonable step to consider this particular technology for confidential medical records.
Continue reading: https://www.nasdaq.com/articles/blockchain-could-be-the-future-for-electronic-health-records-2021-10-25
