One of the biggest buzzwords being thrown around the field of medical technology is “blockchain.” This is for good reason. Simply put, blockchain holds the potential to revolutionize healthcare. With its full deployment, patients can be truly focused on at the center of all operations, which in turn will also be entirely overhauled with better security, privacy and accessibility. But how exactly does blockchain enable all this? How is the health industry fully utilizing this vastly capable cutting-edge technology?
What Is Blockchain?
First, let’s dive deeper into what blockchain really is.
A blockchain is a distributed system that generates and stores data records. It maintains a digital ledger of connected “blocks” of information that represent how data is shared, changed or accessed on its peer-to-peer network.
All devices on the same blockchain system will generate identical blocks when a connected device is involved in any kind of transaction. If one computer’s data is accessed, changed, shared or otherwise manipulated in any way, a block is generated to locally record that information on every device. This way, changes to data can be easily identified. It’s a decentralized approach that allows data parity to be achieved by comparing every connected device’s blocks.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2021/10/25/the-future-of-blockchain-in-healthcare/?sh=2e6da9ef541f
What Is Blockchain?
First, let’s dive deeper into what blockchain really is.
A blockchain is a distributed system that generates and stores data records. It maintains a digital ledger of connected “blocks” of information that represent how data is shared, changed or accessed on its peer-to-peer network.
All devices on the same blockchain system will generate identical blocks when a connected device is involved in any kind of transaction. If one computer’s data is accessed, changed, shared or otherwise manipulated in any way, a block is generated to locally record that information on every device. This way, changes to data can be easily identified. It’s a decentralized approach that allows data parity to be achieved by comparing every connected device’s blocks.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2021/10/25/the-future-of-blockchain-in-healthcare/?sh=2e6da9ef541f
