Blockchain Technology To Improve Healthcare Industry, Expert Says

Events in the last few weeks suggest that the crypto industry and blockchain technology is on the path of growth as well as a possible global mass adoption.

From the significant mark the blockchain technology has made on several industries including banking, Artificial Intelligence, IoT, gaming, and education, one is likely to think that many more industries will no doubt adopt the technology in the near future.

Expert reports emerging from Brazil indicates that the healthcare industry might be the latest beneficiary of blockchain’s many benefits. This is coming in the wake of a Brazilian medical expert suggesting that the technology can help people live longer than the life expectancy.

The ecosystem of medical data storage and retrieval appears promising with the help and support of blockchain technology. The innovation is expected to transform the medical industry, especially in the area of speeding up diagnosis and advancing its technology.

Speaking to journalists, Ailtom Nascimento, VP of Stefanini, a Brazilian private software provider, said that there is a cultural digitalization across the globe that could speed up major industries.

“The current scenario involves a digital culture, verticalization of health services and adoption of technologies that effectively propose a cultural and digital transformation, which can aggregate and allow an efficient journey, with greater proximity between doctors and patients,” he said.

“It is important to know and follow the patient’s journey, even before he arrives at a care unit so that he can access information quickly and provide quality care based on concise information,” Nascimento further added.

The import of Nascimento’s expert submission is that as more data becomes available with visibility and reliability with increased data retrieval, there is a high possibility of discovering illnesses quicker than usual. Hence, there will be a more accurate diagnosis and more effective treatment delivery.

This promising paradigm improvement in the industry will mean that life of the patients could be prolonged, thanks to a speedy diagnostic process. Thus, there will be a dramatic increase in the probability of healthcare providers’ prediction in the successful treatment of the patients.

This development accounts for the reason a large number of healthcare centers, institutes and hospitals are investing in state-of-the-art technology to ensure that medical professionals have unhindered access to this technology.

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