What is Blockchain Technology?
- A blockchain is a simple distributed system which stores records & data of transactions.
- In simple words it’s similar to chain like structure. One chain is connected with another one & another one is connected with some another one & so on.
- It is peer-to-peer data storage & identifies technology. And performs various fuctions like databases.
As there is no central administration, the concept of NO BOSS will grow large.
Leadership as well as Commandership will not be seen in this tech.
Why Blockchain a revolutionary term in medical field ?
- As the healthcare industries are always in drowning of Data such as Medical bills, Patient records, Total earning etc., Blockchain will get a golden opportunity to clear out the problems which are involving here due to big data.
- Governance & Collaboration issues will get diminished as well as a clear vision of medical field will reflect to every one’s mind.
- MedRec : a well developed protocol of blockchain in medical field which is capable of sorting various records in different directries.
- Drug developement & vision of supply chain integrity will get different aspects in today’s environment.
- Potential growth of blockchain technologies arr now coming all over with the advancement of bitcoin currency exchanges.
- Researched over Medical field will be efficient & safe. Also security questions are lessen with advancement of blockchain technology in upvoming years!
- Ways how Blockchain helps Environment! :
Some Techniques based on Blockchain are :
- Cryptocurrency
- Medical Blockchain
- Prisoners Data Blockchain
- Voting Systems
- Banking & much more
- Blogging system (@steemit)
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