Blockchain technology permits secure transactions with the assistance of cryptography principles and enables a distributed decentralized environment. Owing to the advantages of cryptocurrency transactions, it is penetrated many industries. In such a way, the blockchain has tremendous potential in the healthcare environment, as it enhances the effectiveness of medical healthcare record maintenance across disparate systems. Blockchain technology transforms healthcare in various aspects like medical billing, credentials of providers, exchanging the medical records, contracts, trials of clinics, and drug anti-counterfeiting. The blockchain enhances the reliability and security of medical healthcare systems. It also assists in exchanging the medical records of various patients among diverse medical institutions in a secure manner.
Advantages of Blockchain in Healthcare