HOW WILL BLOCKCHAIN TRANSFORM THE SLOW, CUMBERSOME, AND EXPENSIVE HEALTHCARE TRANSACTIONS
The healthcare space is more about bureaucracy and manual efficiency. There are no two ways about it! But thanks to the modern innovations and evolving digital landscapes, the industry is swiftly shifting to democratizing customer data while improving patient experiences. Blockchain technology is one such modern innovation that's helping the healthcare industry achieve just that. It's increasing the security of healthcare transactions in a plethora of ways. Many believe that this technology has the potential to transform health care. It is helping the healthcare providers create a healthcare ecosystem where the patient is at the center of their care strategies. It is, in fact, providing the industry with an entirely new model, i.e., healthcare information exchanges. It won't be wrong to say that it is providing a fertile ground to experiment and invest. But what is the role of blockchain in the healthcare niche? Keep reading, and you'll find out now! Blockchain-based