Healthureum: Blockchain driven value-based care

The beauty of living in the modern world is the emerging technologies that are forming an ecosystem that makes our lives easier and interesting. The healthcare sector has also seen its fair of technologies changing its landscape, but blockchain technology seems to be able to take the industry to a whole new level.

Although blockchain technology presents a lot of promise, it is important to take note that there are situations where it is suitable for, and there are those where it cannot be considered. We need to know when it will be practical to utilize it and when we need to give it a break. The technology comes with its own drawbacks, and its success depends largely on how we handle its strengths and weaknesses.
It will be unfair for us to expect blockchain technology to solve all the existing problems in the healthcare industry. The Healthureum blockchain is popular for its decentralization and hence should be used in some scenarios and excused in others.
Blockchain in the healthcare industry
A number of conditions need to be satisfied before blockchain technology can be integrated into the healthcare sector. Some of these conditions include
The data created by different sources need to be stored in a central location which will be accessible to the relevant parties without any restriction. 
The parties that share the information should trust the information at their disposal.
The blockchain network needs to have effective security measures since it will hold sensitive and important data.
The following factors set blockchain apart as a viable solution to some of the problems in the healthcare sector.
Data distribution – The blockchain is a decentralized and secure network that can safely store data with minimum exposure to hackers. Medical data is very sensitive and needs to be stored in a system that protects it from unauthorized users.
Standardization – Medical data comes from several sources in different sizes and formats. Since some of the bigger files have the potential to disrupt the blockchain network, it is necessary that all the medical files be standardized and have an acceptable size.
The ability for patients to manage their health – blockchain allows patients to manage their health.
There are several advantages associated with the use of blockchain technology. These are:
Reduced cost – Blockchain allows the industry to move away from processes that require a lot of resources and use the technology that does not require intensive resources.
Digitization of records – Blockchain allows healthcare institutions to move away from paper-based systems and adopt digitized systems that ensure speedy delivery of healthcare. Once the data has been standardized, it becomes possible to share medical data across many platforms in a secure and efficient manner.
Innovation – Blockchain allows the healthcare industry to catch up with other industries regarding innovation. The technology improves the overall patients' experience and improves the service standards in the industry. At the end of the end, costs are reduced as well.

Problems that can be solved by blockchain technology
The adoption of blockchain in healthcare is expected to solve some of the problems that already exist in the industry. Some of the problems that the technology is expected to address include:
Unqualified healthcare practitioners – Under-qualified or unqualified healthcare professionals are taking advantage of desperate patients who do not take the time to check the credentials of the practitioners. Blockchain technology allows patients to scrutinize doctors and check if they are qualified. Using blockchain technology allows patients to receive medical care and treatment from the professionals they trust.
Fake drugs – There are too many counterfeit drugs in circulation in the world. These drugs have the potential to cause more harm than good to the patients. The implementation of blockchain technology can minimize the circulation of counterfeit drugs and improve the safety of patients.
Data and health management – The process of managing and sorting data is very tedious especially in the event of an emergency or epidemic. By using the Healthureum blockchain technology, it is easy to share data between multiple sources. This, in turn, makes data handling easier and manageable.
Fraud – Fraud can easily occur during the billing of patients. With blockchain technology, you can use smart contracts that automatically bills the patient when the billing conditions are met. This reduces inefficiencies and improves transparency.

The Outlook
Blockchain technology promises to bring real solutions to the healthcare industry. Healthureum has designed a blockchain network that will reduce fraud, improve patient satisfaction, and improve the sharing of data amongst healthcare practitioners. More information visit https://www.healthureum.io/

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