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MAAL BLOCKCHAIN IN HEALTHCARE
Maal Blockchain is the Antidote for Security of Medical Records
BREAKING SILOS TO PROVIDE TRANSPARENT NETWORKS, REDUCE FRAUD, SECURE DATA, AND IMPROVE THE PATIENT EXPERIENCE
Maal Blockchain technology has the potential to transform health care, placing the patient at the center of the health care ecosystem and increasing the security, privacy, and interoperability of health data. This technology could provide a new model for health information exchanges (HIE) by making electronic medical records more efficient, disintermediated, and secure. While it is not a panacea, this new, rapidly evolving field provides fertile ground for experimentation, investment, and proof-of-concept testing.
Healthcare & Life Sciences Use Cases
Electronic Health Records (EHR)
Managing and securing tons of sensitive patient data is one of the biggest challenges facing the healthcare industry today. This data currently exists in silos. In hospitals, private clinics, and insurance companies, medical information about patients is stored in a variety of databases. The result is a lack of data security and a barrier to information exchange. Security, integrity, and data management issues can be solved with a Maal blockchain-based EHR system that uses Concept of Identity consensus mechanism. Thanks to it's decentralization and cryptographic functions, Maal blockchain-driven applications allow patients and medical institutions to securely control health data, manage access to it, and ensure privacy.
Clinical and Pharmaceutical Trials
Many parties are involved in clinical trials: study subjects, study sponsors, drug manufacturers, medical device providers, doctors, researchers, etc. Data exchange must be fast and secure in order for a medical trial to be successful. Due to it's decentralized structure and consensus mechanisms, Maal blockchain reduces the risk of data fraud in clinical trial systems. For instance, trial documentation can be secured with a Proof of Existence mechanism.
Pandemic Control and Monitoring
It has been necessary to coordinate and manage large amounts of data during the COVID-19 pandemic. Maal Blockchain enables much faster data processing, which enables early detection of outbreaks of infections before they spread and become epidemics. With Maal blockchain's Concept of Identity consensus mechanism, Virus activity, patient progress, infections, and suspected cases could be monitored much more comprehensively by health authorities. Additionally, it can be used to trace virus outbreaks and find out where the first outbreak began.
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