Blockchain: Opportunities for health care
What is it and how does it work?
Blockchain is a unique database in which all information is stored in blocks interconnected. All data here is immutable, can be entered by the user or recorded automatically. Initially, the technology was developed exclusively for the financial sector to simplify transactions using cryptocurrency without intermediaries.
Today, it is used in many industries to prevent fraud, store information, and better control finances.
In 2012, Estonia became the first country to introduce Blockchain technology in healthcare. Today, most of the information is stored in this database, which helps prevent corruption, create simple and understandable terms of cooperation for clients. National institutions are connected to a common electronic network, whic...