Deloitte: Blockchain can improve the efficiency of the medical industry and open up more valuable medical services

Consulting giant Deloitte recently published an article titled "Blockchain Blockchain: Opportunities for Health Care ", which mainly explains how the healthcare system can benefit from blockchain technology. Regarding the blockchain architecture challenges currently faced by the U.S. Department of Health and Human Services (DHHS), Deloitte listed the opportunities and specific implementation framework brought by the technology for the healthcare industry giant, further demonstrating the advantages of the technology.

RJ Krawiec, a principal at Deloitte Consulting and the head of the U.S. federal government’s Center for Healthcare Innovation, said in the article:

Blockchain technology is a distributed digital ledger that records and stores transactions, and it has the potential to be transformative. For example, due to the lack of a common structure and standards, current medical records are very disorganized and "siloed" ^[1] . However, through the private key mechanism of blockchain, patients can create their own medical records and share this information with medical institutions more securely and quickly. Blockchain is not a panacea, but it can completely change the framework of today's medical ecosystem.

Dan Housman, Deloitte General Manager and CTO of ConvergeHEALTH, Deloitte’s healthcare systems initiative, said:

It is wise for DHHS to use this rapidly developing technology to study identity authentication and other government public services, because the technology will eventually realize its greatest potential in the medical field. A trusted medical information exchange system based on blockchain can provide a longitudinal view of the patient's health status, open up new perspectives on public health, and ultimately help develop more valuable medical services.

In Deloitte's view, blockchain can achieve secure information transactions and eliminate complex intermediaries. In addition, blockchain can also connect multiple different patient systems for information synchronization. In order to enable DHHS to better use blockchain technology, Deloitte recommends that it customize a blockchain ecosystem, establish connections with early supporters of the technology, and create an alliance to conduct research and exchanges.

Deloitte also released four major frameworks to help medical giants evaluate the opportunities brought by blockchain technology.

1. Initiation phase : Identifying the correct prerequisites for using blockchain technology.

2. Design phase : Determine the key development direction: information authentication or value transfer

3. Strengthening stage : Consider using smart contracts, which can automatically execute internal terms when certain conditions are met

4. Implementation phase : Choose the type of blockchain - public or private; choose a blockchain protocol. The blockchain protocol is very important for the development of blockchain architecture and applications.

To learn more about blockchain and medical applications, please click "Blockchain and Medical Special Topic".

Notes (↵ returns to text)

1. Such data centers are built based on a single project, that is, a vertical architecture. Each IT system has its own storage and IT equipment, as well as independent management tools and databases. Different systems cannot share resources, deliver and access, forming resource islands and information islands. ↵