News hit Monday that the Center for Disease Control and Prevention (CDC) in the United States is actively searching for ways to implement Blockchain technology to improve healthcare in the country. The CDC sees Blockchain as highly beneficial in helping control the spread of diseases and solving problems with sharing patient data.
Patient data storage currently complex and time-consuming
Currently, patient data is very difficult to manage and share, because security regulations prohibit patient information from being stored in cloud systems /2/. This is disadvantageous, however, when health information needs to be accessed and shared quickly, for example in the case of an epidemic, or when a patient needs to be treated quickly in an emergency. Using current methods, when a party needs to access data they must go through various processes, some manual, in order to gain access /1/.
Blockchain en route to modernise data storage
Blockchain is a distributed ledger with characteristics that ensure that data saved are complete and secure from manipulation. Instead of relying on a single authority to administer data, Blockchain distributes data over a number of computers. This makes data more secure because when one node fails, the data is not lost. Blockchain provides more security than a normal distributed ledger through an elaborate encryption process.
When parties need access to information, authorization processes can be executed automatically, tremendously improving the speed and compliance of data sharing. When parties are authorized to access data, this agreement can be written into a Smart Contract (powered by Blockchain), executing authorization automatically.
For more information on Blockchain and how it is changing data management across a number of industries, you can get in touch with our experts.