Blockchain Technology Applications in Healthcare

By providing a decentralized, tamper-proof ledger for storing and verifying data generated by IoT devices, blockchain can improve IoT security. Thus, it effectively prevents data manipulation, and unauthorized access improves visibility throughout the device lifecycle, and at the same time maintains transparency in the network; essentially, it strengthens security by ensuring the integrity and authenticity of data through its distributed nature.

Yes, blockchain has applications in finance, supply chain management, healthcare, voting, and more, providing effective solutions across sectors.

By removing intermediaries in transactions, blockchain lowers fees and operational costs, simplifying processes across industries.

Here are the key applications of blockchain in healthcare:- Secure Electronic Health Records (EHRs) Patient Consent Management Supply Chain Management Healthcare Payments and Billing