The potential for blockchain applications in healthcare is enormous. Paper files, data breaches, and inaccessible medical records have no room in the global, hyperconnected world we live in. Decentralization can be a strong ally in transforming a critical sector such as health, especially in the post-pandemic world we’re in.
Blockchain distributed ledgers can increase security, transparency, and trust while providing patients with greater control over their medical data and helping professionals develop new treatments.
That’s why witnessing the launch of dHealth – the Symbol-powered healthcare-specialized blockchain network – is so special to us.
The dHealth / Symbol partnership
DHealth Foundation is a Swiss not-for-profit foundation aiming to empower healthcare data-sharing and make medical records accessible while keeping them secure, transparent, and immutable. DHealth is also the name of its public blockchain network built on Symbol, NEM’s recently launched new blockchain. DHealth benefits considerably from the built-in features that are core to Symbol.
Access to health-related data is vital for the development of new cures. As such, dHealth has the mission of nurturing a decentralized healthcare data ecosystem. Symbol’s cutting-edge technical features enable scalability and openness, allowing dHealth to become a trustworthy backend to connect patients and healthcare providers. But this partnership intends to go even further than this.
The decentralized healthcare ecosystem
DHealth encompasses a total rethink of approaching the healthcare data exchange by providing a decentralized, transparent, and easy-to-access data system to all healthcare stakeholders.
By incentivizing patients to use their health data, professionals worldwide can use this valuable information to improve their care. Blockchain infrastructure provides end-users extra trust regarding the privacy of their medical records. DHealth native token also constitutes an additional incentive for people to collaborate in medical research.
DHealth has developed an open health certificate to register tests or vaccinations on the blockchain that can be verified independently. By tracking vaccines, health authorities can deploy health plans more efficiently, especially in a post-COVID19 scenario. And, as we know, holding health certificates protects the most vulnerable population at any given time. Tracking and tracing all kinds of medical certificates and registries provides an immutable, secure, and globally accessible healthcare ledger.
The healthcare industry can use the dHealth Network as infrastructure for various use cases, including protecting supply chain processes and streamlining payment processes. Having access to tried-and-true infrastructure will help jumpstart innovation without diverting valuable resources away from other initiatives.
Would you like to learn more about dHealth?
Please visit the dHealth website to explore this healthcare-specialized blockchain’s potential benefits for both healthcare professionals and companies.