Blockchain Technology in Healthcare

Blockchain is an innovation developed to encourage money exchange transactions and take out the requirement for a trusted third party to legally approve and confirm such exchanges to ensure information security and protection. New structures of blockchains have been intended to suit the requirement for this technology in different fields, for example, e-health, the travel industry, and energy. This chapter is concerned about the utilization of blockchains in overseeing and sharing electronic health and medical records to permit patients, emergency clinics, centers, and other stakeholders to share information among themselves and increment interoperability. The choice of the design of the blockchains utilized relies upon the elements chipping in the constructed chain network. In spite of the fact that the utilization of blockchains may decrease redundancy and give guardians reliable records about their patients, it accompanies a few difficulties, which could encroach patients’ security or possibly bargain the entire system of partners. In this chapter, we examine distinctive blockchain structures through various sections like blockchain in healthcare today, how it is changing the future of healthcare, and the benefits of blockchain. The chapter also deals with the implementation and challenges of blockchain in healthcare sector.