Blockchain Technology in Healthcare Analytics

Abstract

Blockchain is an exciting new technology that is being used to provide creative solutions in a number of industries, including the medical field. In the healthcare system, hospitals, labs, pharmacies, and doctors exchange and store patient data via a blockchain connected network. Blockchain-based software can reliably detect serious errors, including potentially harmful ones, in the medical domain. As a result, it can enhance the efficiency, security, and openness of medical data exchange within the healthcare system. Medical facilities can improve their understanding of patient care and obtain valuable insights from the use of this technology. This chapter discusses blockchain technology and its advantages, popular algorithms in blockchain technology, the current issues in medical data maintenance, and blockchain application fields in healthcare. Lastly, the study identifies and discusses the pros and cons of algorithms in medical data maintenance and key benefits of applied fields.