How Blockchain Technology Can Increase Access in Healthcare

Introduction

The world is becoming increasingly connected. However, there are still large populations that lack access to adequate healthcare, wether it is in developed countries but even more in underdeveloped regions.

Blockchain technology has the potential to change this by increasing patient privacy and making it easier for patients to access their own medical records.

What is “blockchain”?

Blockchain is a decentralized network of connected computers that securely records transactions, storing the data in the form of “blocks” on each computer.

Each block contains a cryptographic hash pointer to its predecessor, forming what is known as a blockchain. The blockchain contains an ever-growing list of records called blocks that are linked together by cryptography.

Cryptography is the science of making and breaking codes. It's how we can send sensitive information to each other without worrying that someone will intercept it. Cryptography is what makes blockchains so secure. On a blockchain, cryptographic keys are used to sign transactions and make them verifiable by everyone on the network.

Blockchains use two types of cryptography: public-key cryptography, which relies on a pair of keys (one public and one private), and private-key cryptography, which only uses one key.

Public-key cryptography is used in blockchain transactions to ensure that no single party controls everything—and there's no way for any individual user to know what's happening when they use their private key. Private-key cryptography allows users access only if they have keys that unlock access for them—whether those keys are actual physical objects or just digital files stored somewhere safe from prying eyes!

Blockchains are considered secure because they are resistant to modification of their data once added; this feature makes them useful for tracking assets and information over time in many industries including healthcare.

Blockchain and digital identities!

By creating digital identities for medical records to keep them from being falsified, blockchain technology can be used to improve healthcare accessibility in underdeveloped regions.

The concept of a “digital identity” refers to data that can be stored and shared digitally, without revealing any personally identifying information. We often use this concept when we talk about digital currencies: Bitcoin, Bitcoin Cash, Ethereum and other cryptocurrencies all have their own unique version of a “digital identity” (or public key).

However, unlike bitcoin wallets or digital bank accounts where the user has complete control over his or her own funds, most people do not have full control over their medical records because they're stored at centralized institutions such as hospitals and clinics.

This creates an environment where medical fraud might occur more easily than if everyone had access to their own medical data—one reason why it's so difficult for people living in developing countries who have no formal education system or bank account infrastructure on which they can rely when seeking treatment abroad.

Blockchain technology could help solve this problem by creating decentralized databases where patients' information could safely reside while still allowing them access whenever they need it—and nobody else would ever know where those files are located (unless they had permission).

Helping with medical distribution and supply chains.

Blockchain can also be used to track the movement of medication from manufacturer to consumer. Blockchain technology is already being used in supply chains and helps regulate medication distribution by reducing the risk of counterfeit drugs entering the supply chain, ensuring that the correct dose is delivered to the correct patient.

In some cases, blockchain can even help diagnose illnesses. For example, a pharmaceutical company recently experimented with using blockchains on medical tests or DNA samples for cancer detection.

If a doctor were able to compare your test results against those stored on a blockchain network and find out if there are any abnormalities in your body that indicate cancerous cells, it could save you from having unnecessary scans or invasive procedures.

An easier way of paying for medical services.

Blockchain could also make it easier for patients to pay for medical services (instead of going through insurance companies).

This will be done through a decentralized payment system, which means that there is no central authority controlling how money gets distributed around the globe.

The idea of creating a global currency is not new, but it has never been achieved because the technology was not available until now.

Aimedis is working towards that with its token AIMX.

Conclusion

In summary, blockchain technology has the potential to be a game-changer for improving healthcare accessibility in underdeveloped regions.

Aimedis is heavily involved in making healthcare accessible for everyone, everywhere.

With blockchain technology and a global currency, combined with applications for both health professionals and patients, the road ahead might present some challenges but the vision is clear.