Unlocking the Viability of Blockchain Adoption for Healthcare: A Feasibility Study

Blockchain technology holds several exciting features such as security, decentralization, data integrity, access control, consent management, etc. The healthcare industry can reach its peak with the emergence of blockchain technology in terms of an efficient Electronic Health Record (EHR) Management System. This research paper explores the feasibility of implementing blockchain to improve the existing healthcare record management system and enable better data security, interoperability, data integrity, and patient consent management. The research thoroughly addresses issues in various articles, including data privacy, regulatory compliance, and scalability, and proposes blockchain recommendations. The paper will feature a comprehensive analysis of the prospects of decentralization, which can facilitate data exchange and improve interoperability among various systems. By thoroughly analyzing the potential advantages and vulnerabilities in the existing system, this research will provide a holistic understanding of the blockchain’s contribution to bringing about a revolution in the healthcare sector.