Healthereum, Medical Data on the blockchain

9 Feb

Healthereum, Medical Data on the blockchain

Source: Coin Noob
Healthereum, Medical Data on the blockchain
Healthereum, Medical Data on the blockchain

Health data are very important, and it can be deadly if altered maliciously. There are many expenses the healthcare systems could avoid, if the doctors had the correct data in time. Healthureum aims to address such problems through the development of its transparent platform which caters to the needs to all those involved at each step of the process, in healthcare management.

Health care spending is expected to rise between 2.4% and 7.5% by 2020 around the globe as depicted above. {9} In an effort to contain and ideally reduce expenditures, measures are being taken to reduce inefficiencies in operations, resources, data, drug sourcing and technology. A shortfall in available funds, rising labour costs and scarcity of new talent entering the healthcare sector, means a lower doctor to patient ratio which in Japan was just two doctors per thousand of population back in 2012. Technology-driven healthcare offers enormous potential in improving access to healthcare in developing, rural and widely dispersed populations, particularly in Southeast Asia and Africa. The benefits are not limited to improved access, but also reducing costs, resources, infrastructure and operational requirements.

Typically, healthcare data is stored in a centralized system known as an EHR system, which is often customized as per the healthcare providers requirements. This results in a fragmented approach to data storage, preventing ease of information sharing between systems, otherwise known as ‘interoperability’. Instead, information ends up in siloes that act as bottlenecks in the sharing of data, causing frustration among providers, regulators, researchers and patients. This lack of standardization and centralized storage approach results in two fundamental flaws, privacy and security.

Blockchain can eradicate these flaws. A recent Forbes article describes “blockchain technology, at its simplest, a distributed and immutable (write once and read only) record of digital events that is shared peer to peer between different parties (networked database systems)”. As blockchain stores all data in a distributed manner, rather than a centralized system, the data goes outside the walls of the health organization, exposing it to potential risks and breaches in confidentiality and integrity.

Medical records such as large images or scans are considered very heavy files which may impact the performance of the blockchain. A more efficient solution would be to just create reference points using hash codes pointing to the source of the data which can be stored off the blockchain. The role of the hash code is to verify the integrity of the data pulled from the source, and the source may also have access control so that only those authorized can access it.

Healthureum is a dynamic and multi-functional ecosystem designed to bring Healthcare services on the blockchain to transform ‘How We Manage Our Healthcare’. Healthureum will guarantee its users, the most efficient healthcare treatments, access to Physicians and Specialists globally, access to quality medical infrastructure and opportunities to access first of its kind innovative treatment plans including philanthropic sponsorship programs. Healthureum will enable patients to consolidate all their data, whether personal, medical or emergency, stored in a single platform which is secured with encrypted codes, keeping all your information private, safe and all in one place. The goal is to create a system that does not reply on trust, and facilitates information storage, sharing and collaboration to improve efficiency in the management of healthcare and population health.

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