Crypto

New York Healthcare Officials Show Increasing Interest in Blockchain

Using blockchain technology during a global pandemic would have seemed to be a no-brainer a few years ago. Today, it is anything but a given, although there are some different aspects being explored moving forward.

In New York, one particular coronavirus-related blockchain effort is worth keeping an eye on.

Blockchain Becomes of Big Interest all of a Sudden

It is designed to track drugs, patients, and the spread of this pandemic accordingly.

As the New York healthcare industry is looking at the potential use cases for blockchain, some new cases may come to light overall. 

For now, the main points of focus include patient record tracking, keeping track of drugs and supplies, and perhaps keeping tabs on infected regions in New York.

In terms of patient records, there are some benefits to blockchain one can’t find anywhere else.

Related Post

More specifically, this data is supposed to be confidential and private, which is difficult to achieve when relying on traditional databases.

It also makes some sense to share health data over  a distributed ledger.

Patients would remain anonymous – except when sharing data, which would be a vast improvement.

In terms of drug supply chains, there are still some issues to explore moving forward. 

More research and development is needed prior to determining how viable all of this technology really is.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Pi Coin Price Stalls Below $0.78, Ondo Finance Market Cap Crosses $3B, Unstaked Rises as Fastest Growing Crypto 2025

Pi Coin Price Battles $0.78, Ondo Finance Market Cap Reclaims $3B, Unstaked Races Ahead as…

4 hours ago

Cold Wallet vs MetaMask: The Privacy-First Crypto Wallet Redefining Control

Cold Wallet’s $CWT Set for 4,900% ROI While Polkadot and Sui Fuel Altcoin Season Comeback…

4 hours ago

Web3 ai Projects 1747% ROI as HBAR Faces Resistance and TRX Climbs

Hedera Tests Key Resistance While Tron Climbs and Web3 ai Projects 1747% ROI as the…

5 hours ago

PEPE Set for Breakout, BlockDAG’s 90% Rollback Fires Up $218.5M Presale! MANTRA’s Big Move

PEPE Set for Breakout, MANTRA Burns 300M Tokens, But BlockDAG’s 90% Rollback Is the Real…

5 hours ago

Ethena Labs Transforms into Institutional DeFi Powerhouse Amid Expanding Product Suite

Once known just as a synthetic dollar provider in the DeFi world, Ethena Labs is…

18 hours ago

$SUI Surges 60% in One Week as Ecosystem Activity Explodes

In a striking display of momentum, $SUI's price has rocketed upward by 60% over the…

18 hours ago