Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in healthcare
by
iBaba
on 07/03/2024, 23:12:12 UTC
I thought that the benefits of Bitcoin blockchain could be applied in the procurement of medical equipment in every agency, but all of that would be useless if a country was still anti the Bitcoin system. I still work in the health sector to this day even though my job is in the preparation of program planning which covers all financial flows.
Because it is transparent, its benefits can also be used to create a system free from corruption.

Since I am not well-versed in healthcare and don’t have much information about how the healthcare system works, I may not be able to comment extensively on that. However, I believe Bitcoin can greatly benefit the healthcare system in two main areas: accessibility to the global market and research and development.

Firstly, Bitcoin’s accessibility to the global market can be advantageous, particularly in international payments and medical tourism. Bitcoin could potentially replace traditional financial intermediaries, making cross-border transactions smoother and more efficient due to its decentralized nature.

Secondly, Bitcoin could facilitate faster and more collaborative research efforts within the healthcare industry. It could enable easier sharing of medical research data and breakthroughs.

However, since Bitcoin operates on a decentralized system, I don't think it is going to be safe to share patient data on the network, as this could compromise the Healthcare system’s integrity. Despite the push for cloud storage, it’s still advisable to keep patient data in cold storage offline, ensuring it’s readily available for access. Online backups can still be maintained, but the primary data storage should prioritize security and accessibility, given the emergency nature of healthcare systems.