Crypto

New York Healthcare Officials Show Increasing Interest in Blockchain

Using blockchain technology during a global pandemic would have seemed to be a no-brainer a few years ago. Today, it is anything but a given, although there are some different aspects being explored moving forward.

In New York, one particular coronavirus-related blockchain effort is worth keeping an eye on.

Blockchain Becomes of Big Interest all of a Sudden

It is designed to track drugs, patients, and the spread of this pandemic accordingly.

As the New York healthcare industry is looking at the potential use cases for blockchain, some new cases may come to light overall. 

For now, the main points of focus include patient record tracking, keeping track of drugs and supplies, and perhaps keeping tabs on infected regions in New York.

In terms of patient records, there are some benefits to blockchain one can’t find anywhere else.

Related Post

More specifically, this data is supposed to be confidential and private, which is difficult to achieve when relying on traditional databases.

It also makes some sense to share health data over  a distributed ledger.

Patients would remain anonymous – except when sharing data, which would be a vast improvement.

In terms of drug supply chains, there are still some issues to explore moving forward. 

More research and development is needed prior to determining how viable all of this technology really is.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

12 hours ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

12 hours ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

12 hours ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

3 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

4 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago