Challenges faced by the healthcare industry

Cybersecurity
Cybersecurity

The healthcare industry is a major target for cybercrimes, including leaks and hacks. According to the Identity Theft Resource Center, in 2017, 4.93 million patient records were breached.

Payment collection
Payment collection

The current payment collection system is unwieldy and costly, and often insecure. Patients find it difficult to use, and practices struggle to collect payment.

Patient records
Patient records

Each institution holds separate patient records, creating bottlenecks to data access as well as duplications, errors, and cybercrime attack surface.

Financial processing<br> and auditing
Financial processing
and auditing

A changing tax and regulatory environment will give healthcare companies new responsibilities that current systems cannot meet.

Drug<br> counterfeiting
Drug
counterfeiting

The Reuters resource states that in developing countries, 10% of prescription drugs are counterfeit, leading to tens of thousands of deaths annually.

Clinical trial tracking and verification
Clinical trial tracking and verification

Clinical trial data is difficult to collect and maintain. Moreover, it can be insecurely stored, and therefore it is often hard to verify.

Digital Health Passport

Digital Health Passport: your digital health profile for the ongoing epidemiological control

We designed Digital Health Passport (DHP), a blockchain-based platform where you can verify and store medical histories of patients, proof against forgery. DHP — your companion solution in monitoring infectious diseases like HIV, COVID-19, tuberculosis, and others.

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Blockchain solutions for healthcare from Aetsoft

Drug supply chain monitoring

Streamline quantity and quality verification processes across the pharmaceutical supply chain, based on real-time updates to an encrypted, decentralized ledger.

Patient record access and control

Put patients in control of which data they share and with whom, eliminate bottlenecks and blocking, and accelerate clinical access to crucial patient data.

Claims and payments management

Smart contracts allow automated claims management and payment handling, including escrow payments and accelerated prior authorization.

Medical IoT
security

Manage a secure medical IoT, including multiple medical devices. Prevent loss, hacking, and data tampering and ensure reliable functioning across different device lifecycles.

Research data verification and exchange

Provided that stakeholders gave their explicit permission, verified clinical research data can be rapidly and securely exchanged to provide more accurate trial outcomes.

Financial auditing and
transparency

Immutable and secure, blockchains create an audit trail by default, enabling healthcare organizations to reliably demonstrate compliance with financial and other regulations.

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Blockchain applications in healthcare

Centralized database

Use case 1. Centralized database

Currently

With patient histories scattered across medical institutions, doctors have to continuously collect data from various care providers, risking to miss something or fail to obtain that at all.

With blockchain

Blockchain establishes a universal database where hospitals, pharmacies, and other healthcare establishments can seamlessly share data, with immediate access for each network member.

improve processes with Blockchain
Detecting counterfeit drugs

Use case 2. Detecting counterfeit drugs

Currently

Insufficient auditability and control within drug supply chains make it difficult to detect counterfeit medications (if any) in logistics, and those might reach drugstore shelves unimpeded.

With blockchain

Get end-to-end transparency across supply chains to promptly detect fakes and weed them out from authenticated drugs.

improve processes with Blockchain
Cost-effective trials

Use case 3. Cost-effective trials

Currently

So far, pharmaceutical and biotech companies have to apply to third-party genetic data providers, which makes trials more costly than they could be.

With blockchain

With a distributed blockchain database for genetic data, healthcare companies can collect the required information for trials intermediary-free, hence less expensive.

improve processes with Blockchain

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