Blockchain Development for Healthcare

Build a better healthcare infrastructure governed by blockchain-based networks and eliminate issues of fraud and expensive treatments.

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Putting Healthcare over Blockchain

The pandemic crumbled the world’s best healthcare systems because they were running on disconnected networks with inefficient visibility. Using the power of decentralization, Block Finch aims to resolve these issues through optimal use of blockchain for healthcare development services.

Deploying medical systems over a decentralized network empowers the authorities to take smarter decisions and fight a pandemic like event with more preparedness.

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Why do we need Blockchain in Healthcare?

Insufficiency in cross-vertical data sharing due to siloed storage and management of medical records.

Despite agile processes, healthcare institutions, pharmaceutical vendors and other stakeholders in the healthcare ecosystem operate in silos and thus lack in-the-moment updates. Such insufficient interoperability puts high volume of healthcare metadata vulnerable to duplicity and frauds. Blockchain development for healthcare is changing this by addressing the following key lapses:

  • Patients are bound to avail medical services that are irrelevant to their current care.
  • Physicians have to spend additional effort to access, browse, and understand the medical history of a patient. It poses risk of inaccurate decision making in emergency cases.
  • Poor tracing of first & last mile delivery verticals causes rise in influx of fake drugs in the stores. These are even more dangerous when active ingredients are altered or in unauthorized proportions.
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Crusading the Adoption of dApps in Healthcare

Block Finch has proven expertise in building custom blockchain platforms for a range of verticals in the healthcare and insurance domains. By deploying end-to-end healthcare processes over blockchain, we are accelerating the adoption of dApps and making healthcare services more accessible to all. In the wake of the ongoing circumstances, the following blockchain use cases can produce a revolutionary impact:

Fastened Vaccine Distribution Over Blockchain
Eliminate a single point of failure with decentralized utilities, and reduce the settlement time and costs. Achieve operational efficiency by digitizing processes and reducing counterparty risk.
 
Electronic Health Record (EHR) Management
Leverage blockchain for finance to accelerate payments, especially international remittance, empowered by peer-to-peer exchange, high security, disintermediation, and low transaction processing fee.
 
Data Ownership & Consent Management
Embrace blockchain in trade finance to eliminate third-party functions and paperwork to streamline the trading process. Maintain single copies of documents updated in real-time and unlock the future of digital transactions.
 
Drugs & Products Tracking Over Blockchain
Eliminate a single point of failure with decentralized utilities, and reduce the settlement time and costs. Achieve operational efficiency by digitizing processes and reducing counterparty risk.
 
Automated & Timely Payouts
Leverage blockchain for finance to accelerate payments, especially international remittance, empowered by peer-to-peer exchange, high security, disintermediation, and low transaction processing fee.
 
Find Suppliers On-Demand
Embrace blockchain in trade finance to eliminate third-party functions and paperwork to streamline the trading process. Maintain single copies of documents updated in real-time and unlock the future of digital transactions.
 

Smart contract Development for Healthcare

Smart contracting is an integral part of building automated processes over a decentralized network. For the healthcare vertical, Block Finch has successfully enabled speedier and more efficient medical processing thereby assuring a secured ecosystem of patient lifecycle – from admission to discharge.

Data Security
Blockchain networks are immutable and coupled with a consensus mechanism over a decentralized network. This stamps proof-of-existence, proof-of-ownership, and the validation-of-authenticity on the network shared by multitude of entities. With such security, institutions are able to execute their research with ease
Assure data integrity across multiple parties
The health updates of every patient are broadcasted in the blockchain thereby attesting it as the single version of truth. The updated health record is registered in the chain forever and forms a part of the patient’s lifelong medical data records. This empowers all participants to collaborate and exchange data insights for myriad of purposes.
Reduced Costs
Qualitative data archiving and sharing in lesser timelines with all participants of the blockchain accelerates analytical initiatives. The produced insights push for faster decision-making and thus better treatment and leaner resources.
Improved Validation and Authentication
Blockchain enables quick distribution of authentication rights along the procure-to-pay chain, thereby enabling fraud prevention and augmenting security across the PTP process.
Assure data integrity across multiple parties
The exchange of invoices using the blockchain technology enables shared access to the database and eliminates the need for invoice scanning. The authorized parties can review transactions without reconciliation.
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Why Choose Blockfinch for Blockchain in Healthcare?

Mission-driven services
Technology-agnostic solutions
Accelerated time-to-market
Reduced development cost
Round-the-clock support
15+ years of technical experience
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