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Subhasish Dutta
Subhasish is a science graduate but a passionate writer, and wordsmith who writes website content, blogs, articles, and social media content on technologies, equity market, traveling, and other domains. He has worked with Affnosys and FTI Technologies as a content writer.
Frequently Asked Questions
How is blockchain used in healthcare?
Blockchain securely stores and shares patient data, reducing the risk of unauthorized access and tampering. Blockchain's decentralized ledger enables efficient and secure data management, fostering patient and stakeholder trust. Smart contracts automate processes like insurance claims, reducing the claim settlement time and increasing efficiency. Additionally, blockchain can streamline supply chain management and billing, and facilitate telemedicine, ensuring efficient healthcare operations.
What is the future of blockchain in healthcare?
In the future, blockchain technology can tackle various healthcare industry challenges by building a unified health data repository accessible to physicians, patients, and other stakeholders. This will enhance security and confidentiality, and optimize resource allocation, making the healthcare system efficient and patient-centered.
Which algorithms can be used in implementing blockchain for healthcare?
Various algorithms can be used in implementing blockchain for healthcare, but the most common ones are Proof of work (PoW), Proof of stake (PoS), and Delegate Proof of Stack (DPOS). These algorithms ensure network security and prevent unauthorized users from validating malicious transactions.
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