Skip to main content

Blockchain Revolution in the Healthcare Industry

  • Conference paper
  • First Online:
Proceedings of the Future Technologies Conference (FTC) 2018 (FTC 2018)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 880))

Included in the following conference series:

Abstract

The paper analyses the possibility of using blockchain technologies in the sphere of Healthcare. Modern society requires new tools, e.g. distributed ledger and smart contracts for sharing data between patients, doctors and healthcare professionals by giving them control over the data and allowing smarter cooperation. In this situation, utilizing blockchain technology can resolve integrity, data privacy, security and fraud issues, increase patient health autonomy and provide access to better services. This paper provides a review of blockchain technology and research of possible applications in healthcare, gives an overview of positive trends and outputs.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Espinel, V., Brynjolfsson, E., Annunziata, M.: Global Agenda Council on the Future of Software & Society. Deep Shift: Technology Tipping Points and Societal Impact. World Economic Forum Homepage. http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf. Accessed 20 Jan 2018

  2. 2017 global health care sector outlook. Deloitte Homepage. https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Life-Sciences-Health-Care/gx-lshc-2017-health-care-outlook-infographic.pdf. Accessed 20 Jan 2018

  3. Schatsky, D., Piscini, E.: Deloitte survey: blockchain reaches beyond financial services with some industries moving faster. Deloitte Homepage. https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-survey-blockchain-reaches-beyond-financial-services-with-some-industries-moving-faster.html. Accessed 20 Jan 2018

  4. Till, B., Peters, A., Afshar, S., Meara, J.: From blockchain technology to global health equity: can cryptocurrencies finance universal health coverage?. BMJ Global Health Homepage. http://gh.bmj.com/content/2/4/e000570. Accessed 20 Jan 2018

  5. Hogan, S., Fraser, H., Korsten, P., Pureswaran, V., Gopinath R.: Healthcare rallies for blockchain: keeping Patients at the center. IBM Corporation Homepage. https://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=GBE03790USEN&. Accessed 20 Jan 2018

  6. Blockchain Investment Trends in Review. CBInsights Homepage. https://www.cbinsights.com/research/report/blockchain-trends-opportunities/. Accessed 20 Jan 2018

  7. Internet of Medical Things, Forecast to 2021. Reportlinker Homepage. http://www.prnewswire.com/news-releases/internet-of-medical-things-forecast-to-2021-300474906.html. Accessed 20 Jan 2018

  8. Avdoshin, S., Pesotskaya, E.: Mobile healthcare: perspectives in Russia. Bus. Inform. 3(37), 7–13 (2016)

    Google Scholar 

  9. Embrace Disruptive Medical Technologies. The Medical Futurist Homepage. http://medicalfuturist.com/grand-challenges/disruptive-medical-technology/. Accessed 20 Jan 2018

  10. Protenus Releases 2016 Healthcare Data Breach Report. HIPAA Journal Homepage. https://www.hipaajournal.com/protenus-releases-2016-healthcare-data-breach-report-8656. Accessed 20 Jan 2018

  11. Katz, D.: The Trust Machine. The Economist Homepage. https://www.economist.com/news/leaders/21677198-technology-behind-bitcoin-could-transform-how-economy-works-trust-machine. Accessed 20 Jan 2018

  12. Gilbert, D.: Blockchain Technology Could Help Solve $75 billion Counterfeit Drug Problem. International Business Times Homepage. http://www.ibtimes.com/blockchain-technology-could-help-solve-75-billion-counterfeit-drug-problem-2355984. Accessed 20 Jan 2018

  13. Chowdhury, C., Krishnamurthy, R., Ranganathan, V.: Blockchain: A Catalyst for the Next Wave of Progress in Life Sciences. Cognizant Homepage. https://www.cognizant.com/whitepapers/blockchain-a-catalyst-for-the-next-wave-of-progress-in-the-life-sciences-industry-codex2749.pdf. Accessed 20 Jan 2018

  14. Vitaris, B.: The Next Doctor You Consult Could Be a Robot: Healthcare Meets AI and the Blockchain. Bitcoin Magazine Homepage. https://bitcoinmagazine.com/articles/next-doctor-you-consult-could-be-robot-healthcare-meets-ai-and-blockchain/. Accessed 20 Jan 2018

  15. Steffens, B., Billot, J., Marques, A., Gawas, D., Harmalkar, O.: Facilitate health care on block chain. MediBond Homepage. https://medibond.io/doc/medibond_whitepaper.pdf. Accessed 20 Jan 2018

  16. Ricotta, F., Jackson, B., Tyson, H., et al.: Bringing Health to Life. BurstIq Homepage. https://www.burstiq.com/wp-content/uploads/2017/09/BurstIQ-whitepaper_07Sep2017.pdf. Accessed 20 Jan 2018

  17. Pisa, M., Juden, M.: Blockchain and Economic Development: Hype vs. Reality. Center for Global Development Homepage. https://www.cgdev.org/sites/default/files/blockchain-and-economic-development-hype-vs-reality_0.pdf. Accessed 20 Jan 2018

  18. Vaidyanathan, N.: Divided we fall, distributed we stand. The Association of Chartered Certified Accountants (ACCA) Homepage. http://www.accaglobal.com/lk/en/technical-activities/technical-resources-search/2017/april/divided-we-fall-distributed-we-stand.html. Accessed 20 Jan 2018

  19. Adam-Kalfon, P., El Moutaouakil, S.: Blockchain, a catalyst for new approaches in insurance. PwC Homepage. https://www.pwc.com.au/publications/pwc-blockchain.pdf. Accessed 20 Jan 2018

  20. Strachan, J.: Pharma Backs Blockchain. The Medicine Maker Homepage. https://themedicinemaker.com/issues/0717/pharma-backs-blockchain/. Accessed 20 Jan 2018

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Sergey Avdoshin .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Avdoshin, S., Pesotskaya, E. (2019). Blockchain Revolution in the Healthcare Industry. In: Arai, K., Bhatia, R., Kapoor, S. (eds) Proceedings of the Future Technologies Conference (FTC) 2018. FTC 2018. Advances in Intelligent Systems and Computing, vol 880. Springer, Cham. https://doi.org/10.1007/978-3-030-02686-8_47

Download citation

Publish with us

Policies and ethics