Blockchain in Healthcare Today

GAHBT: Genetic Based Hashing Algorithm for Managing and Validating Health Data Integrity in Blockchain Technology

Fozia Hanif, Urooj Waheed, Rehan Shams, Aisha Shareef — Tue, 07 Feb 2023 00:00:00 -0800

This research work proposes a method for managing, securing, and validating the health data distribution records using a genetic-based hashing algorithm in a decentralized environment. The reason behind choosing blockchain is to secure the transaction of health data and protect the data from manipulated fraudulent movement and corruption by the contributor of the chain or any individual. The path of this technology approach provides an efficient surveillance measure such as transparency of record, fraud immunity, and protection to tempering and sustaining the order of data. In medical research, this paper provides a genetic-based hashing algorithm for data security which has lower computational complexity, low space coverage, higher security and integrity, and a high avalanche effect. The simulation will show data records' validity, immunity, and integrity. The technique modified in this secure decentralized network is a cryptographic hashing algorithm for 512 bits. In this study genetic algorithm is used to generate a key that needs to be used in the encryption and decryption of medical data. A genetic algorithm is a metaheuristic approach that is inspired by the laws of genetics and is generally used to generate high-quality solutions for complex problems. Applications of genetic algorithms encourage the significance in many medical fields such as radiology, oncology, cardiology, endocrinology, surgery, oncology, and radiotherapy in health care management.

Why Industry-Wide Standards Matter In Fulfilling the Intent of DSCSA

Christiane Wirrig, PhD, David Kessler — Sun, 03 Dec 2023 00:00:00 -0800

Speakers discuss the importance of standardization in order to digitalize the U.S. pharmaceutical supply chain as motivated by the Drug Supply Chain Security Act (DSCSA).

Key topics

What is DSCSA?
What does FDA’s Stabilization Period mean?
Why do technology standards matter and how are they being implemented, i.e. interoperability through standards?
Focus on standardization, due diligence in the context of DSCSA-regulated digitally managed pharma supply chain
2023 readiness in relation to stabilization period until 2024
Inspections will keep happening
ATP is mandatory, authentication & authorization
Data security

Blockchain Technology Predictions 2024: Transformations in Healthcare, Patient Identity and Public Health

Tue, 21 Nov 2023 00:00:00 -0800

In an era characterized by the convergence of cutting-edge technologies, the world of healthcare and public health is on the brink of a profound transformation that will shape the future of medicine and wellness. This transformation is not merely an incremental step forward; it is a paradigm shift. It is driven by the synergistic integration of digital twins, blockchain technology, artificial intelligence (AI), and multi-omics platforms, collectively propelling us into uncharted territory. The integration of these innovations holds the potential to rewrite the rules of engagement in clinical trials, revamp the strategies for preventing public health crises, and redefine the way we manage, share, and secure healthcare data. As we embark on this journey of exploration and innovation, we find ourselves at a pivotal juncture, akin to the invention of the microscope in biology or the discovery of antibiotics in medicine. We are at the crossroads of a new era, one that teems with immense promise and transformative power.

Problems with Medical Claims that Artificial Intelligence (AI) and Blockchain Can Fix

Joe Hawayek, Osama AbouElKhir, MD — Fri, 21 Jul 2023 00:00:00 -0700

In medical insurance, there are both valid and legitimate claims that should be covered by the insurer and fraudulent or inappropriate claims that should not be paid. Problems arise in scenarios when valid claims are not paid and when fraudulent or inappropriate claims are paid. Hospitals and insurers play critical roles in these cases. Artificial Intelligence (AI) and blockchain technologies can play significant roles in addressing the problems associated with medical insurance claims. Some of the ways in which these technologies can help are using AI algorithms to analyze data stored on the blockchain for fraud detection, and leveraging blockchain's transparency to improve the accuracy of AI models by providing access to a larger dataset. The author addresses approaches for each senario.

Blockchain in Healthcare: 2023 Predictions from Around the Globe

Tue, 31 Jan 2023 00:00:00 -0800

While the past 50 years have been categorized as the Information or Digital Age, the mass amounts of digitized data has been sorely underutilized. It was only recently through the COVID-19 pandemic that accelerated efforts were sought to harness this data with the use of blockchain technology in healthcare. Through the infrastructure and its tokenization applications, we can now effectively leverage healthcare data into more efficient business processes, secure better patient engagement and outcomes all while generating new revenue streams for an array of healthcare stakeholders. It is in compiling this stockpiled data into new, compliant business models and utilizing blockchain technology that we can reap the full potential of this era. Here are some predictions as to how we might set about these efforts in 2023.

Impact of Blockchain-Digital Twin Technology on Precision Health, Pharmaceutical Industry, and Life Sciences Conv2X 2023 Report

Wed, 08 Nov 2023 00:00:00 -0800

The convergence of digital twin technologies with precision health, pharmaceutical industry, and life sciences has garnered substantial recent attention. As we advance toward personalized medicine and precision health, the fusion of digital twin and blockchain technologies is poised to fundamentally enhance healthcare outcomes. This conference discussion highlighted pivotal drivers accelerating the adoption of digital twin-enabled blockchain solutions, encompassing the shift to a decentralized world wide web (Web 3.0), the establishment of a global interconnected health ecosystem, and the distinct advantages offered by converging frontier technologies in optimizing healthcare, pharmaceutical industry, and life sciences. Yet, the effective deployment of blockchain-powered digital twins in precision health necessitates robust cyber safety measures, proactive ethical frameworks, data validation, provenance assurance, streamlined supply chain management, and heightened interoperability. The proceedings underscored Blockchain-powered Digital Twins' pivotal role in reshaping health data management, security, sharing, ownership, and monetization, as well as in revolutionizing pharmaceutical supply chain management and novel drugs and therapeutics development within the precision health domain.

Highlights from Advancing the Business of Health with Blockchain and Frontier Tech at ConV2X Symposium 2023

Tory Cenaj — Tue, 21 Nov 2023 00:00:00 -0800

Why are so many in healthcare mistaking a dirty crypto asset market with a technology that elevates healthcare administration, interoperability, recovers lost revenue, increases security, patient safety, and more in healthcare? We published one open access keynote on Blockchain in Healthcare Today (BHTY) journal addressing overcoming objections in the marketplace (click here for access). I don’t know who benefits more listening to it, service providers, or those that need help transforming their business? We already know using the "B" word is a detractor. Those experiencing success are approaching it from other angles. Pearl's are shared in the body of this review.

Accelerating the Worldwide Adoption of Blockchain Technology

Raja Sharif — Fri, 18 Aug 2023 00:00:00 -0700

“To understand innovation you should ask "why not?" and not "why?" Selling (blockchain) is a problem and people and companies are blocking adoption which prevents innovation within a company, and stymies costs savings and efficientcy - that is the problem. It's a problem to be stuck in an innovation department - blockchain needs to be used in operations. Scientists and technologists need to understand one another better to create opportunity and success" - Raja Sharif, CEO, ATMPS

In 2022, the team at ATMPS launched a potential game changer with a new approach to cell and gene therapy tracking, allowing more streamlined applications, payment options, and opportunity to realize true manufacturing safety and trust at scale, faster for personalized medicines and regimen treatments. The speaker highlights his experiences, and overcomes market challenges empasizing the need for better commercialization strategies for blockchain. In addition, the fllowing topics are addressed in the keynote:

Automated Processes
Regulatory Visibility & Compliance, FDA 21 CFR , HIPAA, GDPR
Putting Together Blockchain Architecture for IRTS & ERH Integration
Patient Apps and Mobile Device Issues
Supply Chain

Innovative Minds Shine Bright at the 2023 ConV2X Pitch Competition

Tory Cenaj — Fri, 03 Nov 2023 00:00:00 -0700

On Sept 1, 2023, Partners in Digital Health, publisher of Blockchain in Healthcare Today (BHTY,) conducted the 4th Annual ConVerge2Xcelerate (ConV2X) Ignition Pitch Competition. The competition was recorded for journal and On Demand broadcast viewing. Seven competitors in the digital health and DLT markets presented to eight decerning judges. Entrants were asked to demonstrate how products and services directly impact the telehealth and blockchain in healthcare technology fields from around the globe. Product solution catgories included, but were not limited to:

AI & Tech in Telehealth and Medicine

Smart home care design, AI, sensors, robotics, chronic care condition(s) using RPM, reducing cost for health systems or patients, enhancing the physician-patient relationship, mixed reality to enhance outcomes in patient care, etc.

Advancing the Business of Health with Blockchain Technology

Monetization of data, interoperability, improving population health, precision medicine, public health & equity, digital twins, secure identity, DeFi, medical metaverse, supply chain, clinical trials, etc.

Scores were rated from 1-5, with 5 being the highest/best. Criteria appears below. Scores were taillied, and winners selected for each category.

Impact:

How likely is the solution to improve outcomes for the problem identified?

Innovation:

Does the team provide a convincing rationale for why their solution may work?

Does the solution provide a creative approach and address specific user needs?

Scalability:

How easy would it be to develop and implement this solution?

Could this solution scale across different markets and therapeutic areas?

Presentation:

How effective was the presentation overall?

Was the solution they are proposing convincingly articulated, presented or visualized?