The revolutionary nature of blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology in storing data and intellectual properties is not limited to the banking and credit card industries, not by a long shot. Health providers and insurers are moving to blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platforms aggressively; the inherently safe nature of blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. creates a secure haven for data as sensitive as medical records and statistics.

Legal ramifications of data breaches: apologies don’t work anymore.

Medical records by their very nature are private and sensitive. As is medical research and technology. More and more, companies with security breaches and data theft are being held responsible for that data loss, the consequences can be financially devastating.

Enter BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors..

BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. is a technology that arose from the BitcoinA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code. dissemination worldwide. While bitcoinA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code. is both fascinating and unstable, the real take-away from bitcoinA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code. was the system designed to guarantee the security of all bitcoinA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code. transactions globally: BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors..

How does blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. work?

A simple explanation of how blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. works is that whatever data or information you are storing is sent down a line of thousands (even millions) of nodes. Each separate nodeAn overlay network is a computer network that is built on top of another network. Nodes in the overlay network are connected by virtual links. has a kernel or piece of the information needed to create the whole. No single nodeAn overlay network is a computer network that is built on top of another network. Nodes in the overlay network are connected by virtual links. has enough information for a hacker or data breach to make any sense of. Pair with that “security in numbers” concept, the encryption of each nodeAn overlay network is a computer network that is built on top of another network. Nodes in the overlay network are connected by virtual links. to protocols different from the next, and you have a system guaranteed to be safe

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Health companies are sitting up and taking notice.

In the years 2016 alone, multiple healthcare companies have started with blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. as their primary data protection platform.

MedRec

MedRecPokitdok is a cloud-based API platform designed to make healthcare transactions more efficient and streamline the business of health., while still in development is a system that manages medical records in conjunction with the Ethereum blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors.. MedRecPokitdok is a cloud-based API platform designed to make healthcare transactions more efficient and streamline the business of health. plans to manage and store medical data at the “census-level” of volume, making it both a research and clinical blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors..

 

Brontech

Aussie start-ups BrontechThe main focus of Cyph is to create and maintain secure digital identities for healthcare providers sharing private information with their clients and patients engineered a blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platform called CyphBrontech is an Australian startup that builds Dapps on top of the Ethereum Blockchain. Brontech is also the creator of   Cyph, and encrypted messenger app.. The main focus of CyphBrontech is an Australian startup that builds Dapps on top of the Ethereum Blockchain. Brontech is also the creator of   Cyph, and encrypted messenger app. is to create and maintain secure digital identities for healthcare providers sharing private information with their clients and patients.

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guardtimeGuardtime and Estonian eHealth got together and created a blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platform designed to protect over one million patient’s records.

What to take away from blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology?

It is an asset to the medical field at every level. Every day we hear of more sensitive data being hacked by by some nation state intent on getting their hands on private information. Companies are now being held accountable for their data losses and breaches. The health industry needs to implement blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. tech to protect their masses of sensitive data as quickly as possible. Myriad start-ups are responding to that need with blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platforms and secure infrastructures.

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Brennan B.
Brennan B.
Brennan is a blockchain technical adviser in the healthcare sector and blockchain entrepreneur who has worked on developing proprietary concepts for both artificial intelligence and blockchain applications. He is a graduate of Rutgers University School of Health Professions where he earned a M.S. in biomedical informatics.
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