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Blockchain and distributed networks in real life! 2024 Latest trends2!!Healthcare!!

Blockchain distributed networks in real life 2024 Latest trends2 Healthcare

Medical record management

Private use cases

Examples and details:

  • MedRec: Patient medical data is stored on the blockchain, allowing quick access when needed. This ensures consistency of information between medical institutions.
  • By digitising medical records and introducing blockchain technology, patients can manage their own medical data more securely and share it with medical institutions when needed. For example, Estonia’s e-Health system manages medical data nationwide using blockchain.
  • Case Study: A patient used MedRec to manage their own medical data, making it easier to receive treatment at multiple medical institutions. In particular, they reported that being able to quickly provide medical information in an emergency was extremely useful.

Business use cases

Examples and details:

  • Medical institution data management: Medical institutions can use blockchain to manage patient medical records, ensuring data consistency and security.
  • By facilitating data sharing between medical institutions, the accuracy of diagnoses can be improved, and patient treatment can be carried out quickly and effectively. For example, MediBloc provides a platform for managing and sharing medical data using blockchain.
  • User experience: Medical institutions that have introduced MediBloc have seen improvements in the efficiency of patient data management and the quality of medical care. In particular, data can now be transferred smoothly when patients are transferred to another hospital.

Streamlining real estate transactions

Private use case

Examples and details:

  • Smart contracts: Automating real estate sales contracts can simplify procedures and reduce costs. This makes it easier for individuals to carry out real estate transactions.
  • Smart contracts are executed automatically when the terms of the contract are met, which improves the transparency and reliability of transactions. For example, Propy provides a platform for conducting real estate transactions on the blockchain.
  • User experience: One individual reported that they used Propy to purchase real estate and that the contract process was quick and transparent. In particular, they found it very convenient to be able to check the progress of the contract in real time.

Business Use Cases

Examples and Details:

  • Real Estate Management: Companies can use blockchain to manage real estate ownership and transaction history, improving transparency and efficiency.
  • In the real estate industry, the adoption of blockchain technology can help speed up transactions, reduce costs, and prevent fraud. For example, Ubitquity provides a platform for managing real estate ownership using blockchain.
  • Case Study: A real estate company gained the trust of its customers by introducing Ubitquity, which improved the transparency of ownership and transactions. In particular, they reported that transactions became faster and costs were reduced.

Summary

Blockchain technology has many applications in both private and business settings, and we can enjoy its convenience and security in real life. By understanding and actually using these technologies, we can live more efficiently and safely.

If you are running a business or managing IT systems at work, you should be able to benefit from adopting blockchain technology that is suitable for your business, such as improved operational efficiency, cost reduction, and expanded sales channels!

In the US and Europe, there are initiatives to manage real estate on blockchains, and in the future, real estate transactions will become easier, but you have to be careful with them. This is because the fact that it is easy to obtain also means that it is easy to lose. Let’s continue to improve our knowledge!

Thank you for reading to the end.

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