AI And Blockchain Set To Merge, How Will This Benefit The Healthcare Industry?
The Integration of AI and Blockchain
In the current digital space, Artificial Intelligence (AI)
platforms assist to bring power in the hands of just a few organizations who
can source and process large amounts of data. Most data is currently isolated,
and there is no incentive to share it, this results in significant companies
hoarding tons of consumer data. As technology is improving every day and sensor
being put in all sorts of devices, there rises the question around the
consumer’s data which will be generated by these devices and stored on
centralized platforms. The blockchain technology is growing in popularity as
users can share information and transact quickly, freely and in a secure
anonymous way. The platform assures its uses that their information will not be
altered or mismanaged.
How the Healthcare Will Benefit from
this Integration
In the healthcare, this
merging will provide more effective security measures that will protect users
from breaches. This will allow users to take back control and ownership of
their personal information. Google’s broad Mind has begun to deploy the
blockchain technology in their AI engines to help provide better protection for
users health care data. This is to bring more transparency into their
infrastructure. At first, the blockchain technology is seen to bring down the
AI platform due to its benefits, but when data is commoditized, the AI platform
will be the most valuable part of the ecosystem. The merging of the AI platform
and the blockchain technology will revolutionize the way users exchange data.
AI will be able to take
in large amounts of data that will be shared across the decentralized
blockchain platform. With the concern of who can access your data, an
AI-powered blockchain will allow the decentralization of authentication. The
blockchain technology can decentralize users data and at the same time reduce
the number of fraudster and hacker trying to invade the system. The AI
algorithms can be trained to build a highly personalized user model to help
detect any threats that may arise. When you now merge both the AI and the
blockchain technology, you create an active shield against cyber attacks.
Authorization of transactions can be done by accessing this data directly from
the blockchain by trusted parties through a verification process. Data that is
stored and shared on a blockchain is cryptographically time stamped and cannot
be altered by any third parties.
AI enhances the
blockchain’s framework, and together they solve many of the challenges that
come with sharing information securely over the IoT. AI provides intelligent
analytics and real-time decision making while blockchain provides a
decentralized ledger of all transactions away from keeping any personal
information on a centralized server
Healthureum Integrates Blockchain To
Improve The Health Industry
Blockchain technology
is needed in spaces where users need to trust that the transactions are valid,
that intermediaries cannot be trusted, where many parties generate transactions
that alter information and where enhanced security is required to ensure the
integrity of the system. All these are needs in the health industry hence the
blockchain technology is best suited to solve the issues.
Blockchain will help
Healthureum in that; it would not require a Health Information Exchange (HIE)
since all users will have access to the distributed ledger. This will ensure
that there is a secure exchange without complex brokered trust. Due to the
disintermediation and real-time processing, the systems will be more efficient
hence reduced transaction costs. There will be a distributed framework for
patient digital identities which will use private and public identifiers.
They
will be secured through cryptography which creates a singular and a more secure
method of protecting patient identity. The blockchain technology enables
real-time updates across the network to all parties. It also has the smart
contract technology that creates a consistent, rule-based method for accessing
patient data that can be permissioned to specific health organizations.
Healthureum’s Platform
Healthureum is a global
and multifunctional ecosystem that is created to bring Healthcare services on
the Blockchain platform in order to transform the health industry. Healthureum guarantees its participants
effective healthcare treatments from all across the globe, access to
specialists and doctors, providing loans to health-related problems and
opportunities to access first of its kind innovative treatment plans.
Healthureum will integrate both the blockchain technology and the smart contract
technology to bring standardization, scalability and social responsibility in
healthcare critical services.
Healthureum, through
blockchain, can achieve decentralized healthcare which will close the gap
between services through security, transparency and accountability. After a
survey done by the team, they identified areas where this innovative approach
will bring widespread efficiency and transparency. Healthureum will focus on
data systemization, project lending, medical infrastructure, philanthropic
activities, research programs and doctor consult and referrals.
Healthureum has decided
on a tokenized approach as it provides a mechanism for utilizing services and
paying for them in the ecosystem. The Healthureum token (HTH) will act as a
utility token for services rendered on the platform. HTH is an ERC20 token
developed on the ethereum based system which enables the smooth deployment f
smart contracts. The use of the token will ensure that payment is fast,
reliable and secured with cryptography. The token will be used as both a
service fee and as a reward. The founders have a long-term strategy for the
development of their initiative. The milestone-based approach best fits the
initiative with the six primary goals to be delivered over time. Healthureum is
led by a true leader who demands the vision with passion and sincerity. The
team is cohesive, experienced in the fields of healthcare, blockchain and bid
data management. It has also brought on board a well rounded financial and
medical experts as advisors who are keen to improve global healthcare
standards. This concept by Healthureum has the potential to bring immediate and
long-term value to the health industry. It will ultimately reform how data is
shared, encouraging collaboration and interoperability while maintaining
patient data privacy and security standards. more info please visit http://healthureum.io/
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