Question

Define the technology of Block Chain and how it differs from TCP/IP.

Discuss the impact of this new technology's potential to improve healthcare, and how Block Chain could be applied to achieve those improvements.

Answer 1

Nowadays you cannot imagine doing research and share knowledge and collaborating without the internet in the healthcare field. Block chain can provide a decentralized service, and its resources are spanned across multiple nodes across internet. So the security mechanism provided to secure the resource and service offered by this technology has to be spanned across multiple systems.

HTTP or TCP/IP is communication protocols, in the protocol information can send in sequel manner. A protocol is just a protocol. Block chain is not a protocol. We can use this without even using IP. The core aim of the block chain is to take of the third party from the picture and thereby making the parties to directly communicate and share resources. So here, the information concerning the communicating parties is everywhere and one more thing is that all the information won’t be there at every nodes. So if at all a breach on the infrastructure supported by the block chain technology has to happen, then the intruder needs to approach all various nodes to collect the different parts of the one information.

Block chain new technology's potential impact in healthcare:

Block chain itself is revolutionary technology; over the past three year Implementation of this technology is really increase to a very good level but I think it’s going to take little long to become it a normal or every day thing. It will going to take us years to understand the full impact that this technology has in our lives. Like it happen when the invention of the internet came. There is really no question about Block chain technology because:

A. It enables trust across 3rd parties involved in digital transactions

B. Everyone who is participating in the blockchain has a synchronized record of all transactions that have ever occurred

C. Blockchain provide security it does not need a trusted party to confirm transactions.

BlockChain application for healthcare improvement:

Blockchain technology can secure record and share anchoring information data to the public and this method can generate a proof of data integrity. By using this technology user can verify the data without the help of third parties. This method allows users to:

Ensure data safety

Ensure regulatory compliance

Reduce audit expenses

Prove the integrity of clinical research results

Perform unchangeable medical audits

Verify PHI integrity         

Medical organizations data managed by using blockchain includes:

Medical insurance claims.

Monitoring systems

Data collected from IoT devices (Internet of Things)

Electronic health records

Patient health information (PHI)

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