Blockchain And Opportunities for Healthcare

The healthcare industry is one of the fastest-growing industries in the world and is expected to reach a value of $11,908.9 billion by 2022. The introduction of electronic health record (EHR) management systems has certainly improved the quality of healthcare through the digitization of health data. EHRs in their current form are criticized due to potential privacy and security issues, and often provide inaccurate information.Blockchain technology can have a significant impact, assisting all stakeholders, including patients, practitioners, pharmaceuticals, insurers, and medical equipment producers in solving the existing challenges in the healthcare industry.