Blockchain in Healthcare Today (Aug 2024)
Blockchain's Transformative Potential in Healthcare
Abstract
In Blockchain in Healthcare Today, the journal explores blockchain's transformative potential, its current applications, and the path forward for its integration into the healthcare ecosystem. The healthcare industry is currently facing significant challenges and opportunities after COVID-19. As we navigate the complexities of increasing healthcare costs and technological updates for better patient outcomes, innovative technologies are emerging as pivotal tools for healthcare transformation. Healthcare digital platforms have witnessed revolutionizing the dynamics of healthcare systems using disruptive technologies. However, while these technologies have garnered extensive attention for their transformative potential, there remains a critical gap in our understanding of the impact of digital technology on the healthcare industry. Population health management has critical challenges in data protection, sharing, and interoperability, where personalized medicines and wearable devices are highlighted as a concern. Patients and medical personnel need a safe and simple way to record, transmit, or access information through networks without fearing for their safety. Using blockchain technology can help address these problems (Haleem et al., 2021).
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