If Bitcoin is considered to be the new generation of financial relations, the blockchain technology on which cryptocurrency is based has now become quite interesting for other essential aspects of our lives, such as music, life sciences and health. Blockchain in the healthcare industry can be used not only for data storage, but as a system which can follow all the patients’ activities from any medical organization. The main principle is to make the system transparent and medical data easily accessible when it’s needed. In addition, such technology and healthcare programs can automatically send prescriptions to the nearest pharmacy. Everything is going to be based on specific smart contracts on the blockchain which only the patient can cryptographically sign. Currently, blockchain healthcare startups are trying to strengthen the platforms from possible hacking attacks.
With Anthem announcing their blockchain project, the technology’s mainstream acceptance continues to increase.
Insurance Industry Eyes Blockchain as Top Firms Begin Tests
Anthem, the second-largest health insurance company in the U.S., plans to use blockchain technology to secure medical data for its 40 million members.
US Health Insurance Giant Piloting Blockchain to Secure Medical Data
The Afghan government has signed an MoU with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector.
Afghan Government to Apply Blockchain in Country’s Healthcare Sector
China’s Zhejiang province processed $5.9 billion via a blockchain medical billing platform using Ant Financial’s blockchain tech.
China’s Zhejiang Processes $6B via DLT Medical Billing Platform
ConsenSys CSO Sam Cassatt is launching a new blockchain-oriented investment firm, Aligned Capital.
ConsenSys CSO Seeks to Raise $50M for New Blockchain Investment Fund
Blockchain can help physicians better coordinate health care, letting them put patients back in the center of care.
How Blockchain Can Help Doctors Take Better Care of You
SimplyVital Health has received a $225,000 grant from the U.S. National Science Foundation to research means of reducing healthcare costs.
Blockchain Healthcare Firm Wins US National Science Foundation Grant