João Bocas – The #Wearables Expert ™ talks with Chrissa McFarlane, CEO at Patientory

In this episode, we talked about #Blockchain #Technology in #Healthcare.

Here are the questions we’ve addressed:

01:25 Tell us about your work and how are you using Blockchain Technology to democratize healthcare access
03:39 Part of your mission is giving people control and ownership of their health data. Tell us more about that?
06:15 What countries around the world serve as models for how patient data and privacy should be processed and handled?

Connect with Chrissa McFarlane:
LinkedIn: https://www.linkedin.com/in/chrissamcfarlane/
Twitter: https://twitter.com/ChrissaTanelia

Share this episode with your networks: https://www.youtube.com/watch?v=-r9QpBsf_Lk

Feel free to 📣 CONNECT WITH ME 🟢:
LinkedIn: https://www.linkedin.com/in/joaobocas/
Twitter: https://twitter.com/WearablesExpert

Please check our Digital Health Platform – CliniTouch Vie https://bit.ly/CliniTouch_Vie

Industry Partner: Isaac Care https://bit.ly/isaac-care

Blockchain technology is being used to address numerous issues in the healthcare industry. Because blockchain technology can be applied to virtually any industry, it is no surprise that it has found its place in the healthcare industry.

The use of blockchain technology in healthcare has been around for a while now, but the technology is still considered to be in its infancy. This means that there are still many ways that blockchain can be used to improve upon existing processes, while also providing new opportunities for innovation.

Blockchain technology can be used to store medical records securely, ensure patient privacy and confidentiality, streamline payment processes, prevent fraud and corruption, reduce costs associated with insurance claims processing and administration, increase efficiency by eliminating paperwork errors or lost documents during patient transfers between facilities or hospitals/clinics across state lines or countries without requiring human intervention to verify identity before allowing access into secured areas such as operating rooms, etc…

Healthcare is a well-known industry for its slow adoption of new technology. However, blockchain technology is one of the few emerging technologies that has the potential to change the healthcare industry by bringing transparency and trust to all parties involved—from patients and providers to payers and manufacturers.

What is Blockchain Technology?

Blockchain technology is a way of storing and sharing data in an immutable, secure ledger that cannot be altered or tampered with. It’s often used in cryptocurrencies such as Bitcoin, but it can also be applied to other industries like healthcare.

How Does Blockchain Technology Work in Healthcare?

Blockchain technology has many applications in healthcare, including:

Medical records storage: The blockchain ledger could store medical records securely so they’re accessible by doctors and patients without any risk of being altered or hacked;

Medical research: Researchers could use blockchain technology to store and share information on clinical trials with their peers so they can work together more effectively on clinical studies;

Drug supply chain management: Drug makers could use blockchain technology to track drugs from their origin through each step of production and distribution, ensuring that counterfeit or tainted products don’t make it into the supply chain.

Blockchain technology is an emerging technology that has the potential to disrupt the healthcare industry. Blockchain is a distributed ledger technology that allows information to be stored in a secure and transparent format. Blockchain technology has been used in finance, but it is now being applied to other industries, including healthcare.

The benefits of blockchain for healthcare include:

• Enhanced security: Since data is stored on multiple computers instead of one centralized server, it is less vulnerable to hacking and fraud.

• Better data management: Patients can share their information with different doctors without having to repeat themselves or fill out a new form every time they see someone new. Also, since the data is stored in public blocks on the blockchain, patient records can be easily accessed by medical staff across institutions.

• Increased transparency: Patients can track exactly what happens with their information from start to finish, which reduces errors and improves trust between doctor and patient.

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