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This blog explores the potential of blockchain technology in the healthcare industry, backed by illuminating data and actual case studies. Blockchain technology is revolutionising the healthcare industry by tackling important issues with data management, security, and interoperability. Data security and privacy are improved by the integration of blockchain’s cryptographic protection, while interoperability is enhanced by enabling secure, automated data transmission between diverse stakeholders. Clinical trial efficiency is improved by the accuracy and transparency of blockchain’s tamper-proof design, while patient engagement and control are improved by initiatives like MedRec, which allow patients to securely share and control their data.
