Introduction
The sudden outbreak and rapid but uncontrolled worldwide second wave of Coronavirus clearly shows us the breakdown of existing healthcare surveillance systems to timely handle public health crises.
Though improvements in healthcare monitoring have been seen, these still fall short in stopping the Covid-19 pandemic. Lack of significant steps taken to ensure containment and tracking of the virus have exacerbated the situation.
Blockchain technology is frequently considered as a tool to assist with various features of containing the outbreak. Could the use of blockchain in the healthcare industry help to prevent the Covid-19 outbreak?
There are various challenges associated with Covid-19 such as:
- One foremost issue is how prepared Healthcare sectors are to respond to this outbreak.
- Keeping the data of infectious patients to stop epidemics.
- The urgency for developing better diagnostics, vaccines, and targeted treatments.
- No sufficient measures to adopt in a breakdown.
- Inaccurate information and false theories spread through social media platforms.
Implementing Blockchain solutions can treat Coronavirus. Many companies have recognized the potential of Blockchain technology and started to build solutions to track donations, drug supply chains, medical data, and identifying symptoms of Covid-19.
Blockchain technology offers security, transparency, and decentralization to track disease, monitor patients, treatment histories, equipment requirements, supply chain, etc more accurately and efficiently.
Most importantly, Blockchain will enable medical authorities to easily keep track of virus activity, patients, suspected new cases, and contain it in real-time.
At present, data and medical information of patients are spread across different departments and systems and therefore, can not be accessed when needed. But if the data is stored in Blockchain, it is secure and can be accessed anytime from anywhere in the world.
There are millions of dollars being donated in the healthcare sector for the public but donors know nothing about the whereabouts of those donations. With Blockchain technology, donors can track their donations until they have been received by the victims. Transparency is the key component of Blockchain which notifies the general public how their donations have been used and its progress.
Blockchain tracks all the information and data, particularly for infectious disease outbreaks such as COVID-19 and it can manage the crisis. Blockchain could instantly alert the public about the Coronavirus and also provide recommendations to contain it. Blockchain provides the healthcare sector with such a platform where all the concerned people can update each other about the situation and prevent it from worsening further.
Blockchain is also beneficial in tracking drug supply chains. The tamper-proof blockchain-based platforms can be used to review and record supplies, and logistics of epidemic prevention materials.
Being a leading Blockchain development company, RevInfotech has developed an application for ICMR (health ministry). With the help of this application, ICMR collects, stores and shares the clinical test results through the BlockChain solution. The tested patients are categorized based on color code under different categories like never tested, tested, tested & negative, tested & positive, tested positive & quarantined and tested positive & recovered. This application is also connected with other third-party platforms like Arogya Setu.
To conclude, Blockchain can not prevent the emergence of new viruses but it can instantly alert the public about disease outbreaks. Therefore, enabling Blockchain technology in times of pandemic can help prevent the disease by providing the early detection of epidemics, tracing medical supply chains, and managing the crisis of outbreaks and treatment.
Frequently Asked Questions
Providing tailored solutions based on a wide range of blockchain platforms allows us to meet the unique needs of your project. We specialize in Ethereum, a leading smart contract platform, leveraging Solidity for DApp and smart contract development. Our expertise extends to Ethereum-compatible networks such as Binance Smart Chain, facilitating seamless migration. Hyperledger Fabric, a permissioned blockchain framework, and Go and Node.js are used for enterprise-grade solutions.
Smart contracts are self-executing contracts with code that automates predefined actions when certain conditions are met. With our expertise in decentralized applications (DApps), we can create applications that operate on blockchain networks, offering enhanced security and transparency. Providing a controlled and secure environment for your business operations, we deploy private blockchain networks. In addition, we offer token development, blockchain consulting, and custom consensus mechanisms to meet your specific needs. Our technical proficiency and comprehensive blockchain solutions are poised to meet your unique objectives, whether you want to streamline supply chain operations, enhance data security, or explore the possibilities of blockchain-based applications.
Yes, We specialize in providing tailored blockchain development services tailored to the unique and intricate requirements of your project. Expert blockchain developers create custom solutions that encompass smart contract development, consensus algorithms, and decentralized applications (DApps). Our meticulous alignment of blockchain technology with your specific needs ensures the creation of a bespoke solution that maximizes functionality, security, and scalability. Our team has the expertise to deliver precisely tailored blockchain solutions to meet your technical and business needs, whether you require a private blockchain network, a complex DApp, or the implementation of a custom consensus mechanism.
Blockchain services offer transformative solutions with applicability across various industries. Sectors such as finance benefit from enhanced security and streamlined transactions, while supply chain management gains from traceability and accountability. Healthcare leverages data security, and real estate benefits from transparent transactions. Additionally, logistics, government, energy, and entertainment industries can optimize processes, reduce costs, and improve trust and efficiency through blockchain services, making the technology versatile and impactful across a broad spectrum of fields.
The blockchain services industry encompasses solutions and expertise aimed at leveraging the power of blockchain technology. A blockchain is a distributed ledger that offers transparency, security, and decentralization. With blockchain services, businesses can leverage this technology, resulting in several key benefits:
- Data Security: Blockchain’s cryptographic techniques and decentralized structure enhance data security.
- Transparency and Trust: A public ledger promotes transparency by recording transactions and data. A transparent company builds trust among users, partners, and customers, which is particularly useful in trust-sensitive industries.
- Efficiency and Cost Savings: The blockchain eliminates intermediaries, reducing costs and speeding up processes.
- Decentralized Applications (DApps): Blockchain services can enhance privacy and control over data in decentralized applications. User engagement can be driven by these DApps.
- Efficient Supply Chain Management: Traceability and accountability are enhanced with blockchain in supply chain management. Fraud and errors can be reduced by tracking products.
- Scalability: Blockchain services are designed to scale with your business, ensuring that your system can handle growing transaction loads as your project expands.
Navdeep Garg
I'm founder and CEO of Revinfotech Inc. I traits in leadership and brilliant practitioner in the Financial Services and FinTech. I helped ban in connecting to the FinTech ecosystem through payment acceptance in blockchain as a service and even help i... read more