As the world becomes more aware of the many benefits that blockchain offers, the number of blockchain-related use cases is growing. Blockchain is now being used in the healthcare industry, as well as financial innovations such peer-to-peer transaction.
Blockchain technology was used by health specialists to store and track patient data. Rosanne Warmerdam (CEO of Health Blocks) told Cointelegraph her team had created a way for patients to store and generate their health data without compromising their privacy or security.
Warmerdam stated that they wanted to give users control and ownership over their health data. Their platform Health Blocks, built on top of IoTeX’s blockchain, collects lifestyle-related data from smart devices and connects it with a decentralized health profile.
As users achieve their health goals, the project offers incentives. Warmerdam stated, “We want to make healthy living fun and rewarding. We provide tools to improve health and offer access to all health services.”
This allows users to earn tokens for achieving their health goals. Warmerdam explains that a smart contract triggers when a user achieves 10,000 steps per day. Tokens are sent to your profile.
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A Mexican medical company is now using blockchain to verify COVID-19 test results. MDS Mexico uses the technology to prevent the fabrication of results. The COVID-19 detection is certified by the team using cryptographic signatures and blockchain. The team protects the information using a unique, unalterable and immutable QR code that can be easily verified.
Blockchain has many potential uses in medicine, and many believe it will continue to grow. Mark Cuban, a billionaire, shared his thoughts on the potential uses of blockchain and crypto in medical procedures such as colonoscopy.