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Health Care Becomes More Accessible Through the Implementation of the Blockchain

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As an emerging technology, blockchain is experiencing significant growth in terms of awareness and public participation. Most of the implications in the blockchain ecosystem are perceived as being motivated by curiosity and the possibility of gaining value. However, the real reasons behind this growing growth are virtually due to the increased implementation of technology across different works of life.

An industry where blockchain technology is starting to gain momentum and become important in the health sector. Health is one of the most essential aspects of human existence and an area of ​​life that receives special attention, especially in developed countries. In fact, in most cases, the level of development of a people is determined by the health care index within one's society.

An unbalanced society

Developing countries are also receiving a lot of attention in the health care sector. This is evident in the amount of aid and support that comes from the most developed countries and other global institutions. In addition to the humanitarian services rendered, the development factors of a healthy society justify the processes involved in supporting the health care industry in developing countries.

There are many interconnected processes in the global healthcare solutions industry. The manner and manner in which these processes are implemented makes it possible to determine the results obtained. Unfortunately, contrary to expectations, there is a huge imbalance in the levels of accessibility of these services.

Access to modern health services and the opportunity to participate in investment in research and development in this area remained an exclusive privilege of a small group of people. For example, it is very common to find rich Africans traveling to Europe and America for health care processes as trivial as routine medical examinations and childbirth. In addition, information on existing health fund arrangements does not even reach the ears of most citizens of the world who are more concerned about surviving until the next day.

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Making health care accessible

Few companies are already taking advantage of blockchain technology to decentralize the healthcare industry and provide an even playing field for the global audience. A typical example of this development is the services provided by Trustedhealth. The platform provides patients, medical practitioners and other industry service providers with the ability to connect directly with each other.

The existing Trustedoctor platform connects patients directly with specialists around the world without additional travel and other logistical costs. This eliminates existing geographical barriers that exclude the majority of the public from first-class medical services.

In terms of health funds and associated benefits, location and lack of dissemination of information keep this sector in a closed circle. Several research and developments are underway in the health sector, particularly in the field of biotechnology. This research and development aims to find more effective solutions, especially to the critical health problems that currently exist.

Funding for these projects is generally from humanitarian sources and private investment. Investments are associated with benefits that extend as much as preferential health insurance solutions. As mentioned above, because of the current configuration of these systems, many people are cut off from participating.

VanHealthing health fund investment platform and other related projects, implement blockchain decentralized technology to break the existing monopoly in the industry. The project claims to work toward reforming the biotech industry by opening access to critical products and solutions and making investment more transparent. In the blockchain, the information is available in plain view and anybody, from anywhere, can contribute to the health funds and enjoy the benefits that flow from them.

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A technology for the masses

Other areas in which blockchain technology finds important applications in the healthcare industry include the pharmaceutical sector where the blockchain can be used to track and monitor the supply chain of medical products. Keeping immutable records also ensures consistent medical records of patients around the world.

Blockchain is considered as a technology for the masses and a universal leveler. Its decentralization ownership allows unlimited access and participation in information, products and services. Therefore, as access to adequate health care is recognized as a fundamental right and a necessity in most climates, the blockchain pushes this idea beyond the confines of paper-based legislation to the reality of HIV / AIDS. # 39; existence.

With the developments mentioned above and several others in the industry, we are linked to the experience of an improved global health care ecosystem. The gap between the haves and the have-nots is shrinking as essential health services become accessible to all.

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