Quote from: casey15 on Today at 05:02:31 PM

Data Security
Confidentiality of data is very essential for a health organization. Patient's data are not to be accessed by unauthorized personnel. The Bitcoin and Blockchain technology provides a decentralized and secure means of data storage. Leveraging on this technology will help to secure healthcare data.

Improving Medical research Funding
Funding is a very important part of any research and researches requires a lot of resources and effort. Normal funding processes can be time consuming, however, the Initial Coin Offerings (ICO) that is offered by the Bitcoin technology provides a more seamless approach to funding researchers and healthcare start ups by raising funds directly from individuals and organizations that are interested in the research by issuing tokens.

Effective Payment process.
One of the advantages of Bitcoin technology is the ability to make seamless payment. Normal payment processes with traditional banks can be time consuming and delayed especially when it involves a large sum but with the help of Bitcoin technology, seamless payment transactions can be carried out.

This certainly isn't all the benefit we stand to gain when Bitcoin is being used in healthcare. What other benefit can you think of.

All other benefits may be enjoyed, apart from the data & security.

I think this is very easy to think of and say, but establishing it may seem impossible. Despite the fact that Bitcoin is decentralized, you can still track everybody's transactions from one wallet to another. What you cannot tell is the identity of the person who signed those transactions.

So, now, let's bring block chain technology to the medical system. You cannot keep a medical record of someone without adding a name to that medical record. You definitely must add the name of the patient to enable you to identify which is which and for which patients. Some patients can have similar illnesses and diseases, and the only way to identify their records is through their name. So, there is no confidentiality when using the Bitcoin network in the medical system.

The way to use Bitcoin in the medical system is if hospitals and clinics agree to accept Bitcoin payments as another payment method.

The best system in which I think we need to introduce the use of blockchain technology is the government sector, during elections and also during donations. If Bitcoin is used by the government during an election, the result will be public, as every individual can count the votes from their home. If the government also employs Bitcoin for donations, the public will be sure that the government is not lying about the amount they have said to donate.