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9 promising blockchain use cases in healthcare industry

  • 📰 Cointelegraph
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Blockchain can revolutionize the healthcare industry by enabling secure data sharing, transparent clinical trials, efficient supply chain management, telemedicine and medical device tracking.

trial data record, blockchain can increase clinical trials’ transparency and integrity. The Clinical Trials Reporting and Results platform is one example of a platform using blockchain to store clinical trial data.

The CTRR platform is a blockchain-based platform developed by the pharmaceutical company Pfizer in collaboration with other companies, including IBM. The use of blockchain makes it easier for researchers and regulators to access and verify trial data, improving the quality and reliability of clinical trial results.Blockchain technology can trace prescription medications from the point of manufacture to the final customer, lowering the chance that fake medicines will enter the supply chain.

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Yes, the combination of blockchain & healthcare has the ability to significantly enhance the healthcare industry, including better data management, increased patient privacy, more efficient claims processing, better supply chain management, and faster research and development.🍷

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