Healthureum in Healthcare: Potential Benefits and Challenges

The healthcare industry undergoes a lot of problems. Throughout the ages, the goal has been to find a way to eradicate some of these issues and risks to ensure that, healthcare providers deliver services efficiently. Millions and millions of dollars have been injected into research and academic centers to find ways of overcoming problems such as:

Making healthcare services affordable.

Closing the gap on healthcare disparity across various regions, globally.

The scarcity of talent (expert healthcare givers) entering the healthcare sector.

The ever-rising cost of labor.

Inadequate and insufficient resources.

Technological and operational inefficiencies. 

Infrastructure problems.

The list goes on and on. Fortunately, with the ever-increasing access to knowledge, new technological innovations are finding their way into the healthcare industry. Some of these changes include immunotherapy, robotic surgery, and telehealth which have provided immense support and growth to the industry. Blockchain technology also is a new technology entrant that is being accepted and embraced globally. Healthureum denoted as HHEM, is a more modern innovation that makes use of blockchain technology to facilitate provision and access to healthcare globally. It operates on the Ethereum platform. 

Healthureum Adoption in Healthcare

Healthureum will be adopted and integrated into the healthcare system through the use of blockchain technology. For blockchain technology to indeed work, a few conditions need to be met. They include:

Users of the platform need to trust that all transactions made on the platform are valid.

Concrete security features are required to ensure that integrity of the system is highly maintained.

There should be no intermediaries as they are usually not trusted as upholding truthfulness.

Multiple users must generate transactions that change information in a shared manner.

Benefits Healthureum Offers if Adopted in the Healthcare Sector

Healthureum is an efficient and multi-functional system that is specifically designed to enable the healthcare industry make use of blockchain technology. The ultimate goal of Healthureum is to make healthcare decentralized, thereby, closing the variations in the sector. Making healthcare decentralized enables transparency, security, and accountability. Integration of blockchain technology and smart contracts to facilitate the use of Healthureum will provide a range of benefits to the healthcare sector. 

Healthcare Standardization.

Healthureum may be able to close the gap between private and public healthcare. There is so much Through the use of blockchain technology, Healthureum provides better access to expertise, data, and services.    

Privacy and Security.

Blockchain technology uses cryptography to encrypt all its data. Therefore, any patient information stored within the blockchain such as medical records, billing, diagnosis, etc., cannot be easily accessed. Data is kept safe by a series of algorithms that would need to be by-passed by the use of a powerful computer. Furthermore, only authorized users with private keys can access the data.  

Interoperability.

Healthureum will enable all participants in the healthcare sector: medical practitioners, patients, researchers and healthcare providers share data and information with ease. Current systems such as the EHR (Electronic Health Record) system, do not allow the seamless movement of data from one user to another and therefore end up causing frustrations for those involved. It also facilitates collaboration between different hospitals. Healthureum can achieve interoperability.

Accountability, Affordability, and Transparency.

Healthureum has the capability of lowering costs, resources and optimizing operational and infrastructure requirements. Blockchain technology is decentralized in nature. Therefore, no central authority controls the use of data. Thus, all participants within the network collectively verify the legitimacy of the data in return for a token incentive. It makes the work transparent to every user within the system. 

Challenges Faced in Healthureum Adoption

Regulatory and Data Compliance.

Healthureum makes use of blockchain technology. Because of this, any data that is stored in the blockchain can be exposed to the outside walls of a healthcare organization. It is mainly made so by the fact that it operates on an open peer to peer network where anyone within the system can access the data. It puts any private or confidential material at risk due to external interference in the blockchain. 

File Size and Scalability.

Large images or scans are considered substantial, and their inclusion into the blockchain data can affect its ability to perform tasks. A likely approach would be to create reference points using hash codes that point to the data source. Huge files can then be saved in computer folders. The legitimacy of data found on the blockchain can then be verified easily.

Technology- Enabled Medical Services.

Europe’s PIP breast implant disaster which subsequently followed the recalling of hip replacements was a clear sign that monitoring of medical devices needed to be stricter.