There have been numerous breakthroughs in the field of medicine but there is always room for improvement. Medical data like patient records and prior treatments are spread out. They are stored in prescription pads, hospital databases and in apps used by different healthcare personnel. What if all that data was to come together and be accessible to the patient and the doctor at all times? The new avenues it would open would be numerous. Treatments could be streamlined like never before.
There are 26 different electronic medical records systems for the city of Boston alone. Similarly, other cities have their own systems. Blockchain can act as a bridge between them all to bring them on a single platform. MediChain is decentralized digital ledger and it records critical medical information. It is a database maintained by a network of computers which is virtually incorruptible. This database can be accessed by anyone running the software and having the patient’s permission to access their records.
This gives the patients control of their own data. Whenever they log on the blockchain, it becomes a part of their record. It also solves compatibility issues as all are connected to the same blockchain in the background. This control over their own medical records makes the data secure and protects the data from falling into the wrong hands and allows the patients to share the data only with the people they wish to share it with.
The rule network for MediChain is flexible. It can be edited to improve healthcare. This never before seen control over privacy will make the exchange of information between patients and caregivers much easier. MediChain can be added to any Electronic Medical Records (EMR) system. It is tuned to the needs of the patients, the treatment community, and medical researchers.
It uses the system’s existing data storage solutions and uses blockchain technology to manage authentication, confidentiality, accountability, and data sharing. This makes the system easy to adopt and offers interoperability between different systems.
The philosophy behind MediChain is to put the medical records of patients into their own hands. They should be the ones to decide what happens to it. All information has value. Patients get to decide the worth of their information and can sell it to insurance companies or pharmaceutical companies anonymously.
The benefits of such a system are endless. We will see it in effect in the coming months.
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