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

Step Finance Confirms Major Treasury Breach On Solana

Step Finance has disclosed a significant security incident involving its protocol-owned funds, marking one of…

1 day ago

Crypto Hacks Surge Again As January Losses Hit $86 Million

The crypto industry is once again grappling with a rising wave of security breaches as…

1 day ago

Vitalik Buterin Says Creator Coins Miss The Real Problem

Ethereum co-founder Vitalik Buterin is once again challenging a popular crypto narrative, this time around…

1 day ago

Step Finance Hit By Major Treasury Breach

Shockwaves moved through the Solana ecosystem after DeFi dashboard and portfolio platform Step Finance confirmed…

3 days ago

Tether Caps A Record Year With Explosive Profit Growth

Tether has released its Q4 2025 quarterly attestation, and the numbers confirm what much of…

3 days ago

Lighter EVM Marks A Major Shift From Trading Engine To Full-Stack DeFi Platform

Lighter is officially stepping beyond its roots as a high-performance perpetual DEX with the launch…

3 days ago