Friday, January 21, 2022

Reimagining Healthcare and Telemedicine with Blockchain Technology

Healthcare providers and consumers alike have benefitted immensely from the rapid progress in software-based technologies. With the medical-care industry inching swiftly toward digitization and customization, the dominance of blockchains seems imminent.

And it’s not just healthcare, though. Blockchain’s abilities have made it a highly successful technology across different industrial domains. The emergence of blockchain came with solutions to address multiple issues prevailing for so long in the healthcare industry. The increasing incidences of data breaches, privacy issues, among others, are the key factors driving the Blockchain market’s growth in telemedicine. The global blockchain development revenue in telemedicine will reach $829 million by 2023, according to a survey by Markets And Markets.

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