Understanding the Blockchain Concept
Blockchain does not automatically mean cryptocurrency or specifically Bitcoin. As a stand-alone technology, it doesn’t necessarily involve any notion of currency. At its core, it is a platform ready to sustain any app project aiming to have a shared database or operations system/workflow (it’s basically a distributed database). If your operations need space for transactions and exchange of info without your company being the intermediary for all details, you could think of using a blockchain platform to develop your next project.
An easy way to understand blockchain technology and decentralization is by thinking about Google Docs vs Office Suite. We used to send a Word document back and forth to exchange edits and come up with a final draft. Google Docs allows for storing the draft in the cloud and multiple editors working on it at the same time, while the document updates itself.
“For healthcare specifically, 55% of healthcare executives believe that blockchain technology will disrupt the healthcare industry.” 📝
The blockchain is an ever-growing database having millions of records stored by multiple users at the same time, anyone having the ability to edit and check the information at the same time and be in the know of what the last edits were and how they influence the main “document”.
Read more here 👉🏻 https://medium.com/swazm/blockchain-health-registries-improving-patient-information-accessibility-698299189a35
