Blockchain Firm Healthcare Ecosystem
Blockchain technology holds a lot of features to revolutionize the healthcare sector. It unlocks the potential to build an ecosystem that sustains cross-functionality across the healthcare industry. Here, at Blockchain Firm, we help build a whole healthcare ecosystem that facilitates all kinds of medical services. What is Blockchain and How does it Serve Healthcare? The blockchain is a technology that allows seamless tracking of data and information stored on a distributed ledger. The data stored in the blockchain are immutable. Multiple blocks connected in series form a chain-like structure, hence the title ‘Blockchain’. Blockchain is decentralized in nature, meaning that there are no intermediaries or authorities to govern the network. Thus, they are self-governed with consensus mechanisms. The data maintained in a blockchain is encrypted by hash algorithms and validated by Proof of Work. Users who present the proof of work are called Miners. Bloc...