Author : Sanjay Shahi

Healthcare data can be created, copied and modified faster than ever before and if data is the fuel behind most efficient care, Blockchain may be vehicle to get us there. Today the Healthcare System is losing $300 billion each year in poor data integration. In its purest form Bockchain used after a safe and secure system to share data more efficiently. The potential is great. But Blockchain is an intricate system used to package data in a way you can trust. It can only be modified by certain users. Once data is created, its broadcast and verified on a peer to peer network and then block of information is formed. Only people with correct key access and change it and every time if data is modified, a new data block is verified and added to the chain. If someone is try to temper with the transaction or block in the chain, permissioned members and validation tool work together to confirm or reject the new data. This process ensures the Blockchain remains a safe, secure and trusted source. For Healthcare, Blockchain can optimize real data through vast connectivity, providing a new way of sharing, analyzing and verifying the information. This could lead to accelerated Research and Development (R & D) and more coordinated care for hospital system. For patients and providers, it could having mean the information they need when the need it most. We believe, Blockchain can play important role in the future of healthcare.

Keywords: Blockchain, EMR, Smart Contract, SHA256 Algorithm, Tokenization, Public Private Patrnership (PPP)