Blockchain has gained global recognition within the last nine years. This technology can redefine the entire concept of how we think about finance and banking. Indeed, financial use cases of the Blockchain technology are now at the spotlight, bringing the significant changes to the payment process, trade finance, etc. Like in banks and FinTech startups, many developments have been launched and applied to non-financial spheres, as Blockchain is creating new opportunities for organizations in all sectors by leveraging the power of this disruptive innovation.

Almost everyone has heard the claim that the Blockchain-led transformation will affect all kinds of businesses. For instance, Blockchain has the potential to create new foundations for the healthcare industry, as it really needs to be innovated. Despite the huge advances, healthcare still lack efficiency. But Blockchain can place the patient at the center of the whole ecosystem increasing the privacy, security and enabling sharing of the health data. In this regard, we moved a step closer to reality after many startups decided to address some existing pain points. Let’s review some telling examples of the

Blockchain applications in healthcare:

MedRec. The project is designed for providing a secure mechanism to store the medical records.

PointNurse. It concentrates on giving nurses a possibility to lead patient-focused care outside the hospital.

Health Wizz. This platform enables patients to make up their own digital health portfolio and give access to any interested person.

Blockchain Opportunities in Healthcare: