From the course: Practical Blockchain and Cryptocurrency

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Healthcare applications and blockchains

Healthcare applications and blockchains - Blockchain Tutorial

From the course: Practical Blockchain and Cryptocurrency

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Healthcare applications and blockchains

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- I want to talk about healthcare and blockchain applications. So healthcare is extremely complicated. In fact, there's multiple steps and parties involved for a single transaction in healthcare. Everyone knows that healthcare is complicated and that complexity in healthcare actually causes a lot of delays, a lot of headaches from multiple parties, especially if you're a patient involved. Now, no one likes this. Everyone wants to solve this problem. Everyone wants to solve their complexity in healthcare, and they believe once they solve this complexity in healthcare, it will greatly reduce the cost of healthcare as well. Now, one of the ways that people are hoping that the complexity of healthcare could be reduced is by using blockchain applications. I'm going to give you an example here. When a patient goes to the doctor, the doctor has multiple IT systems. Those IT systems have medical history, patient records, and other types of information. The doctor will go ahead and record, you…

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