This document shares various blockchain based applications in healthcare.

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Blockchain Applications in Healthcare
May 28, 2019 | Author: Hemangi Hanote, Consultant, CitiusTech
CitiusTech Thought
Leadership

2. 2
Agenda
▪ Blockchain – What’s in it for Healthcare?
▪ Application 1 – Big Data, AI and Analytics
▪ Application 2 – Data Security
▪ Application 3 – Data Management & Governance
▪ Application 4 – Interoperability
▪ Application 5 – Digital Health
▪ Conclusion
▪ References

3. 3
Blockchain – What’s in it for Healthcare?
▪ Arguably the most significant advancement in the information technology over the last few
years has been Blockchain. Like Big Data and Cloud, many experts believe that blockchain
technology will become a game-changer for healthcare
▪ Impelled by the consumer-centric culture of the 21st century— with its prominence on
Simplicity, Security, Interactivity, and Openness — blockchain technology is well on its way to
radically change product and services across all industries, and is spreading its roots across all
stages of the value chain
▪ In a complex and convoluted industry like healthcare, uptake of blockchain becomes
compelling. As per BIS research, the global healthcare market spends on blockchain is
expected to hit $5.61 billion by 2025. Many tout the benefits of blockchain in healthcare data
management, interoperability, protecting patient data and improve the patient experience
▪ Although thorough adoption of blockchain in all healthcare systems and applications is far off,
the achievements in the initial stages of applying blockchain technology promise an exciting
future. Let’s take a closer look at few of these applications

4. 4
Application 1 – Big Data, AI and Analytics (1/2)
▪ Blockchain technology has the potential of storing and harmonizing big data in a real-time
▪ Blockchain can connect fragmented systems to generate insights and better assess value
based care
▪ Adds an additional layer of security in existing big data analytics application or platforms
▪ Collectively, this can have a major impact on enhancing the overall quality and efficiency of
healthcare services and reduce operational costs
Real-world application
Doc.ai has developed research platform using Big data, AI and Blockchain. Users can share their
medical, genomic, wearable data through a mobile app which is further anonymized,
decentralized and encrypted using the blockchain-based platform, and then used for research
and building predictive models. Doc.ai partnered with insurance payer Anthem to predict when
the patient will experience allergies or analyze allergies pattern to provide better-personalized
care.

5. 5
Application 1 – Big Data, AI and Analytics (2/2)
Real-world application
▪ ConnectingCare helps providers get insights future state of patients after they leave the
hospital using care coordination and financial forecasting
▪ Health Nexus is a HIPPA compliant open source revolutionary solution for medical data
liquidity, storage and most importantly secured data exchange
▪ It also opens the possibility for individuals to monetize their medical data by selling it to
interested parties
▪ IBM in collaboration with CDC (The Centers for Disease Control and Prevention) is developing
a blockchain based surveillance system to track public health issues and report the outbreak
of diseases in real-time
▪ SimplyVital Health has two blockchain products that are giving a facelift to the entire
healthcare industry

6. 6
Application 2 – Data Security
▪ Data privacy and security are one of the two biggest concerns today. EU government’s GDPR
law which came into effect on 25th May 2018, is one step towards achieving trust and safety.
Blockchain technology enables the safekeeping, sale, sharing or license of data while
maintaining strict compliance with HIPAA rules. Under blockchain, every user would require
multiple authorized “signatures” or permissions from other parts of a network to access
patient records
Real-world application
▪ BurstIQ’s platform helps healthcare companies safely and securely manage massive
amounts of patient data
▪ Patientory’s blockchain based platform enables patients, healthcare providers, payers,
clinicians store, access and share required medical information in a secure and efficient
way
▪ Medicalchain's blockchain based platform maintains the integrity of patient record and
protects patient identity from outside sources. Their mobile app MyClinic.com enables
patients to consult doctors over a video call and pay for their consultation or other
services using “MedTokens”

7. 7
Application 3 – Data Management & Governance
▪ Healthcare industries make losses of around $11 billion each year due to miscommunication
between medical professionals. Accessing patient’s medical data is a complex and time-
consuming process and results in poor quality of care.
Real-world Application
▪ Estonia is a pioneer of implementing blockchain technology in data management and
governance
▪ Estonia has been using blockchain technology to ensure the integrity of government
since 2008
▪ It is the first country to use blockchain for healthcare on a national scale
▪ They safeguard health records of 1.3 million residents and manage healthcare billings
using blockchain technology
▪ 95% of the country’s health information is ledger-based and 99% of all prescription
information is digital

8. 8
Application 4 – Interoperability
▪ Today, interoperability is an unsolved problem in the healthcare industry. According to HIMSS
analytics research, 75% of hospitals deal with 10+ disparate systems
▪ Companies struggle to manage Electronic health records (EHR). Studies show 86% of
providers are unable to seamlessly share patient data
▪ Amidst all challenges, Blockchain is slowly emerging as the technology that could help to
achieve widespread interoperability
Real-world Application
▪ Pokitdok API based platform-as-a-service solution can directly be plugged into legacy
healthcare infrastructure and workflow to access the data in a real-time. This facilitates
use cases such as digital health, telemedicine, payment optimization and others that
support value-based care
▪ MTBC intends to solve the interoperability problem by using a blockchain based API
platform. The idea is to put the control in the patient’s hands and enable them the
transfer of records from one doctor to another
▪ MedRec plans to improve access of medical records by providing a one-stop solution to
patients and providers using blockchain technology

9. 9
Application 5 – Digital Health
Real-world Application
▪ Alphacon is developing personalized health platform where individuals are given ownership
to store, use and distribute their healthcare big data in Alphacon’s ecosystem. With its
mobile app, one can perform various analysis such as genomic analysis, hair analysis,
nutritional balance analysis to actively monitor health status
▪ Paris based Blockpharma’s mobile application prevents patients from consuming counterfeit
drugs. Their blockchain based SCM platform weeds out 15% of all medicines in the world
that are counterfeit

10. 10
▪ The promise of blockchain has widespread implications for stakeholders in the healthcare
ecosystem. Although adoption of blockchain in healthcare is gaining momentum, its impact
on a wider scale remains to be seen
▪ Applying new technology requires change such as rebuilding data infrastructure, buying or
upskilling existing talent, etc., and to succeed organizations need leadership buy-in
▪ When healthcare organizations can overcome these challenges, healthcare organizations
should discover a new era of business creativity and ensure better patient care
Conclusion

11. 11
References
▪ https://e-estonia.com/blockchain-healthcare-estonian-experience/
▪ https://bigdata-madesimple.com/16-ways-blockchain-is-changing-the-world-infographic/
▪ https://newsroom.accenture.com/news/accenture-microsoft-create-blockchain-solution-to-support-
id2020.htm
▪ https://openledger.info/insights/blockchain-healthcare-use-cases/
▪ https://www.ted.com/talks/mike_schwartz_the_potential_of_blockchain
▪ https://alphacon.io/
▪ https://www.simplyvitalhealth.com/
▪ https://www.youtube.com/watch?v=2V0XqKb9nhg
▪ https://espeoblockchain.com/blog/blockchain-healthcare-technology/
▪ https://www.fastcompany.com/90231255/how-ibm-and-the-cdc-are-testing-blockchain-to-track-health-issues-
like-the-opioid-crisis
▪ https://www.prnewswire.com/news-releases/docai-partners-with-anthem-to-introduce-groundbreaking-end-
to-end-data-trial-powered-by-artificial-intelligence-on-the-blockchain-300689910.html
▪ https://hitinfrastructure.com/news/anthem-doc.ai-launch-healthcare-ai-data-trial-on-blockchain
▪ https://www.healthcareitnews.com/news/why-ehr-data-interoperability-such-mess-3-charts
▪ https://pokitdok.com/about/
▪ https://www.mobihealthnews.com/content/change-healthcare-acquires-blockchain-api-startup-pokitdoks-ip-
staff
▪ https://www.healthcaredive.com/news/change-healthcare-snaps-up-blockchain-startup-pokitdok/544698/

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Thank You
Authors:
Hemangi Hanote
Consultant
thoughtleaders@citiustech.com
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