Application of Blockchain Technology to HealthCare Sector: A Review
Authors:
KUYORO Afolashade
Publication Type: Journal article
Journal: International Journal Of Computer Trends And Technology
ISSN Number:
0
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Abstract
Abstract
Blockchain can be described as a distributed ledger technology capable of recording safe and continuous transactions between parties. It is an emerging technology that has drawn considerable interest financial institutions, energy supply firms, academic community and also the healthcare industry. Blockchain promises transparent, tamper-proof and secure systems that can enable novel solutions especially when combined with smart contracts. Decentralization is a significant characteristic of blockchain that can benefit healthcare applications, making it possible to implement distributed healthcare apps that do not depend on a centralized authority. In addition, the fact that the information in the blockchain is duplicated among all the nodes in the network creates an environment of transparency and openness that allows healthcare stakeholders, and patients in particular, to understand how their data is used, by whom, when and how. This paper presents a review on the application of blockchain to the health care sector.