Now that we have learned what blockchain technology is , it is time to dive into practice. What exactly can we do with blockchain? What are blockchain applications that actually benefit us, as a society?
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The Blockchain has gained increasing strength in healthcare. Recently, a major provider of health information technology for the US government, HMS Technologies Inc. (HMS) revealed that the SolveCare's blockchain platform will integrate into their federal initiatives in the field of health information technology. This is done to reduce the costs of government health care and to improve interoperability and accessibility.
Pfizer Inc. and other major US pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to the May 2 press release.
McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have joined the MediLedger Project Contracting and Chargebacks Working Group.
MediLedger - an initiative of San Francisco-based Chronicled Inc. - is designed to reduce costs and make processes more efficient for data sharing. They want to do this by developing a common network. The solution is said to automate the reconciliation and chargeback processes.
Reversals - canceled or suspicious transactions - often occur along media supply chains in the United States. Various actors, including government programs and private insurers, are involved in the payments.
After the release, we have already succeeded in making a protocol for the salable control of drug return that is in line with the current regulations of the Drug Supply Chain Security Act. The data of the participants will reportedly only be shared with the trading partners they specifically choose, since the platform does not offer a central repository of all data.
Chronicled CTO Maurizio Greco said about the collaboration: “We can design [the Blockchain system], so that only the license holder can make recordings for his own products, for example. This may seem like something simple, but it is revolutionary. "
In South Korea, Gil Medical Center signed an agreement with the Longenesis medical data market to develop a Blockchain-based health data management solution. This is said to improve the efficiency of data collection, improve medical research processes and ensure transparent management of patient data.