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Easing the pain in the health sector:
Blockchain for healthcare
Did you know Estonia has been using blockchain for its healthcare system since 2012? It has managed to store 95% of health information for all its 1.3 million citizens in the blockchain. In a sector where data breaches and inefficient practices are rampant, Estonia saw an opportunity and grabbed it.
Most countries spend humongous amounts of their GDP on healthcare. Nevertheless, this hasn’t stopped the malpractices, jaw-dropping hospital bills, and recurring data breaches from happening. In reality, they just end up becoming more expensive problems.
Despite what has preceded in such a flawed sector, can we bank on the blockchain?
Streamlined patient’s data.
Did you know the healthcare sector loses $11 billion a year due to miscommunication between medical experts? Accessing patient’s records can be tiring, especially to already tired medical staff.
The blockchain decentralized system could offer a single ecosystem of patient data that hospitals, doctors, and anybody else involved may access quickly and effectively. This will speed up diagnosis and tailor patient care regimens in a more personalized way.
