Blockchain Technology: A Vehicle for Efficient and Comprehensive Medical Application Solutions

Abstract

Blockchain technology is the technology of the twenty-first century. Web 3.0 is the name given to the next digital revolution. It was first developed to provide a secure payment mechanism, but it was later adapted and utilized in various industries. Healthcare is one of the domains where this technology has been deployed in the last few years and has yielded considerable results. The fast adoption of digital technology in the clinical sector has led to the construction of massive health records. As a result of this growth, there are never-before-seen requirements for clinical information security throughout usage and exchange. This adoption of the blockchain method as a reasonable and effective data storage and handling platform is opening up new opportunities in healthcare for tackling key data privacy, security, and integrity issues. Patients and healthcare providers have difficulty accessing, storing, integrating, and transmitting health information. Individuals are likely to access and control their medical information from everywhere on the planet, process and report their clinical findings, grant permissions, and even securely exchange that data with certain medical professionals. Straightforward health information access and an even more complete digital information architecture might help the medical industry better prepare for public health threats like COVID-19. We will examine several of the numerous ways that blockchain methodology has been employed in the clinical area, as well as its prospective scopes and possibilities for a better tomorrow, in this research.