Why Blockchain? (Why Blockchain is More Prominent in the Healthcare Field)

Why Blockchain? Why Blockchain? Why Blockchain? It can bring many application s

Why Blockchain? (Why Blockchain is More Prominent in the Healthcare Field)

Why Blockchain? Why Blockchain? Why Blockchain? It can bring many application scenarios.

Let’s first understand what distributed ledger technology is, because in traditional database architectures, data storage and processing are centralized, immutable, and require central institutions for audit and management. Secondly, the characteristic of decentralization leads to the problem of information asymmetry. Lastly, the security issues brought by smart contracts.

Blockchain can combine existing systems with future development trends. From the current perspective: the era of the traditional Internet has passed for 20 years, but as new economic forms continue to develop, more and more traditional financial enterprises are joining this ecosystem. Now, due to various factors, these companies are actively expanding into the blockchain field, and the emergence of blockchain technology has brought tremendous opportunities to this process. (Chain Tower Think Tank)

Why Blockchain is More Prominent in the Healthcare Field

According to cryptobriefing news, why is blockchain more prominent in the healthcare field? There are four reasons: (1) The healthcare industry is a leader in major application areas. As technology advances and innovations penetrate into people’s lives; (2) the adoption of emerging technologies such as artificial intelligence and big data is driving the growth of this industry, which may become one of the driving forces for future development; (3) because many people believe that blockchain will have a positive impact on humanity.

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