Medicine without borders: how the introduction of blockchain technology can realize this?
The issue of quality and availability of medicine is relevant worldwide. Everywhere there are problems with finding good specialists and clinics with modern equipment. Another important issue is the presence of a medical history in patients. Usually the cards are in paper form, they are often lost, in each new clinic they get their hands without taking into account the information in the previous ones. Information becomes very fragmented, which means the doctor does not see the full picture when the patient turns for help.
However, with the development of new technology in the field of storage and transmission of information - blockchain - these problems can be solved. Recently, many start-ups have addressed this topic, so we will tell about one of them.
WELL: a project erasing the boundaries between doctors and patients
Platform developers call it "Airbnb on the blockchain in healthcare",making it clear that from now on patients do not need to be “attached” to local doctors, because they can seek help from a foreign specialist through remote diagnostics. The telemedicine platform WELL was introduced in 2017. It provides remote monitoring, communication with patients, supports the option of audio and video conferencing.
The creators of the project intend to eliminate the key barriers that exist in the field of medicine today. Any patient, doctor and insurance company can become an ecosystem participant. So, those who need quality treatment will be able to find a specialist who not only meets their needs, but also speaks the right language. Since the platform operates around the clock, participants will be able to access absolutely any doctor at any convenient time. At the same time, patients will not have to overpay a large percentage when transferring payment for a doctor's services - the calculation by project tokens not only minimizes the commission, but also eliminates any risks associated with non-payment of an invoice or delayed transaction.
As for insurance services, blockchain capabilities apply here as well.Smart contracts strictly regulate relations between the parties, fixing patient deposits, as well as forming an account following consultations with a doctor.
Plus, the distribution register will eliminate the need to store paper records and statements: all data is loaded into a chain of blocks, and their owner decides who should be given access to them.
In a similar way, all information will be recorded in the course of patient treatment, starting with issuing a referral and ending with invoicing. This is necessary in order to avoid fraud. By the way, the actions of doctors and patients are carefully recorded, including for the formation of a reputational rating.
Thanks to the emergence of the WELL platform, many people will be able to get easier access to the best specialists in the world, doctors will be able to expand their client base, and insurance companies will get a “transparent” business, which reduces the risk of fraud to zero. In addition, a cryptocurrency based platform economy is a good approach that removes geographic financial boundaries. So, you do not need to lose money when converting one fiat currency to another or paying highBank transfer fees.
In fact, you won't surprise anyone with cryptocurrencies. There are many special services for conducting operations with them. For example, exchangers - buy Bitcoin via https://100btc.kiev.ua/ takes just a few clicks, similarly with popular exchanges like EXMO, LiveCoin or Bitfinex. But to start using tokens in everyday life is another matter. In the perspective of the development of the WELL project on an international scale, the introduction into the platform of blockchain, smart contracts and own tokens solves the goals set by the team.