Healthureum: A Blockchain Approach to Solving Healthcare Problems
For a while now, ever since the blockchain technology entered the global scene, it has made significant changes in the finance industry. It has enabled the production of crypto-currencies such as Bitcoins which are now highly valued assets. As time passes, more and more innovations that are blockchain tailored are finding their way into other sectors. The global population is no longer sceptical of new technology and seems to adopt it at a high rate. It is such a fascinating thing how new technology tends to revolutionize an industry’s traditional way of operation.
Healthureum is a new project that works on the Ethereum blockchain enabled platform. It seeks to address and transform the way the healthcare system has operated for some years. Among eradicating problems ailing the sector, it plans on building a transparent, concrete and improved platform that caters to all healthcare participants. Healthureum guarantees all its users:
Access to affordable medical services.
Improved infrastructure.
Reduced Costs.
Reduced variations in healthcare quality.
Access to medical specialists and doctors.
Healthureum plans to eradicate as many problems as possible. Stakeholders, patients, medical practitioners and researchers in healthcare industry face a lot of challenges. Therefore, Healthureum takes every user’s challenges and seeks a way to improve the system to create transparency, consistency, and affordability of services. It does so by the use of blockchain and smart contract technology.
Incorporation of Healthureum’s Blockchain Technology in Healthcare
Healthureum intends to integrate blockchain technology into the healthcare’s system of operating. It’s a new way of improving healthcare management. Below are potential key scenarios where Healthureum can be incorporated.
Master Patient Index.
Data management is a crucial area for any medical institution. There are thousands upon thousands of patient records in organizations across the globe. In most third world countries, data is manually stored which makes it prone to destruction in case of a fire emergency. In other computerized systems, information is stored an inferior system prone to segmentation of data which can be frustrating. Healthureum offers blockchain technology which solves problems such as double recording of data, or inconsistent data with ease.
For Healthureum to work, most medical institutions would have to stop resisting access to patient medical records. Since the blockchain platform offers to provide a safe and encrypted way of storing information, patient data is no longer susceptible to theft and manipulation. Cases of fraud and malpractices can also reduce significantly.
Claims Assessment.
Studies show that there are many cases of fraud and malpractice by many insurance firms. A lot of people have been denied claims with the main reason being incorrect or insufficient information. Some of these insurance companies have even gone to the extent of over-charging or charging for services that haven’t been provided. Others deny their clients access to claims due to mismanaged records causing a lot of frustrations, delayed services, and loss of claims.
Healthureum offers to solve this problem by use of smart technology. Smart technology can be used to settle claims upon satisfaction of pre-set terms automatically. These can eradicate the need for intermediaries such as insurance companies and firms. Healthureum can once and for all eliminate loss of patients, the cost of disputes and account reconciliation.
Supply Chain.
Healthureum intends to use tokens as the primary mode of paying for healthcare services. Tokens can be traced, and their legitimacy can be put to the test. It is useful for the purchase of drugs. It is estimated that approximately 100,000 deaths occur annually due to counterfeit drugs finding their way to patients. The bogus drug trade is said to be worth $200 billion.
Through the use of blockchain technology, data can be traced along the supply chain to uncover its source. Once the source is found, the drugs can be verified whether they are legal or not. It can dramatically reduce the supply of counterfeit medicines in the industry.
Clinical Trials.
The legitimacy of data is fundamental when it comes to clinical trials. Any clinical trial that is successful can lead to substantial capital gains or losses depending on the participant. For instance, if a cure for cancer is found, a lot of institutions are prone to lose a lot of cash in the provision of healthcare services. Therefore, there are many potential cases of fraud and data manipulation to deviate the plans of clinical trials. Healthureum offers a secure platform that operates on a vast network system. Data cannot be manipulated easily without the rest of the network finding out. More information visit https://www.healthureum.io/

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