New York healthcare industry takes an interest in blockchain

A report in DiarioTI revealed that the health sector is studying the possibility of using blockchain technology for registration and traceability of drugs and supplies.

 New York healthcare industry takes an interest in blockchain

Health and blockchain

A report in DiarioTI revealed that the health sector is studying the possibility of using blockchain technology for registration and traceability of drugs and supplies. Precisely, the New York City healthcare industry has begun to study the potential of blockchain technology to protect patient records, track medications, and contribute to tracking COVID-19. As the article explains: "New York City health officials told Patch Magazine that thanks to blockchain it is possible to improve people's health, while protecting the privacy of patients and, in addition, tracking infections, such as the coronavirus".

** Like other exchanges, including Binance and Bitfinex, Poloniex joins the list of those who cannot trade with users in the United States.

Statements by a representative of the New York Blockchain Healthcare organization were quoted in the article: “When it comes to sharing health data in New York, it is always important to ensure that the patient's privacy is not violated. Not only is there a risk that companies will use the data for hidden purposes, but also because if a patient suffers from a certain disease or is infected with the coronavirus and the information is disseminated, this can be uncomfortable and contribute to worsening their condition. Health".

** Almost USD 70 billion will be inherited by millennials who look forward to Bitcoin (BTC).

The potential of blockchain is believed to be focused primarily on simplifying bureaucratic processes and speeding up patient-dependent paperwork, while significantly reducing costs. Another of the fundamental characteristics of blockchain is the security it gives to data within its network, which would give companies a great advantage in protecting against fraud. The publication concludes with a final thought: "All in all, the entity observes that more research and development is necessary before determining how viable blockchain technology really is in the healthcare sector."