Blockchain Use Cases: Healthcare | Binance Academy

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Blockchain networks have several promising use cases in the healthcare sector. Let's take a look at some ⤵️

holds a copy of the entire blockchain, and they communicate regularly to ensure data is up to date and authentic. Thus, decentralization and data distribution are also important aspects.

It is worth mentioning that blockchains are distributed but not always decentralized . Decentralization is not a binary thing, so depending on how nodes are distributed and on the overall architecture, distributed systems may present variable degrees of decentralization. In the context of healthcare, blockchains are usually built as a private network, as opposed to the public ones that are typically used as cryptocurrency ledgers.

Unlike traditional databases that rely on a centralized server, the use of a distributed system allows for data exchange with higher levels of security, while also cutting down on the administrative costs that the current system imposes. The decentralized nature of blockchains also makes them less vulnerable to technical failures and external attacks that often compromise valuable information.

 

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