Blockchain and Its Applications in Healthcare

Abstract

Growing organizations, institutions, and SMEs demand for transformation in all the aspects of their businesses along with the progression in time and technology. When it comes to healthcare, the growth should be heightened to higher levels with necessity. The need of providing quality of service (QoS) in healthcare is taking significant place, allowing health institutions and medical compliances to develop an ecosystem with cutting-edge technology with the same reliability but better productivity and performance. Moreover, the healthcare systems are aiming for a more patient-centric strategy. Healthcare systems work on complicated and traditional methods, oftentimes administered via teams of professionals who manage data and supportive mechanisms of the system. Blockchain could streamline and automate those methods, conserving weeks of effort in the company's production line to increase the overall revenue and discover new opportunities. This chapter aims to illustrate blockchain technology along with its state-of-the-art applications in healthcare.