Blockchain for Healthcare Systems

Abstract

Blockchain technology, originally developed as the underlying architecture for cryptocurrencies,  is increasingly being explored for its potential applications in various industries, including  healthcare. The healthcare system faces significant challenges related to data security,  interoperability, patient privacy, and the management of electronic health records (EHRs).  Blockchain offers a decentralized, immutable, and transparent way of recording transactions,  which could address these challenges by providing a secure and efficient framework for data  exchange.

This abstract explores the potential of blockchain technology to transform healthcare by  enabling secure sharing of medical data among authorized stakeholders, improving patient  outcomes through more accurate and timely data access, and reducing costs by minimizing  inefficiencies and fraud. Key areas of application include the secure management of EHRs,  patient consent management, pharmaceutical supply chain tracking, and clinical trial data  integrity. Despite its promise, the implementation of blockchain in healthcare faces obstacles  such as scalability, integration with existing systems, regulatory compliance, and the need for  widespread adoption among healthcare providers.

This paper will examine the current state of blockchain technology in healthcare, analyse case  studies and pilot projects, and discuss the future outlook for blockchain-enabled healthcare  systems. The goal is to assess how blockchain can create a more secure, efficient, and patient centred healthcare ecosystem.