When talking about technology, an inevitable term we can hear is “BLOCKCHAIN”. Some of the questions that come to our mind on hearing the word BLOCKCHAIN is: “What is Blockchain?”, “Where is Blockchain used”?
Blockchain in simple terms is just a chain of records called ‘blocks’ that uses a distributed system to share information among all participants of the network.
Have you heard people saying “Blockchain changes the world?”
To explain about this and to understand about Blockchain technology easily, the best way is to discuss about some of the real use cases of Blockchain technology used today.
USE CASES OF BLOCKCHAIN:
Blockchain in healthcare industries:
Blockchain companies along with healthcare providers are currently researching to improve blockchain based systems that can benefit both patients and professionals.
One of the main problems faced in healthcare industry is patient data management. Since the medical histories of each patient is stored by individual health agencies, it is impossible to find a patient’s previous history without consulting their previous provider. This may lead to mistakes due to lack of knowledge about the patient’s medical history.
‘MedRec’ developed using Ethereum blockchain is a big solution for patient data management. MedRec is a prototype to store patient’s datas and records electronically. It creates a decentralized content-management system and uses blockchain smart contracts. With MedRec, users can decide when and to whom they can share their data. They can grant a guardian, family member or anyone to view their records. Thus, it provides confidentiality as well as help
