The global healthcare industry is currently undergoing a major stress test.
Complacency in adopting new technology has left citizens, cities and countries exposed to public health threats that have a negative impact on the global economy and open the door for bad actors to exploit shortcomings in risk management methodologies.
Delivering breakthrough advances in healthcare while in the midst of a global pandemic has little chance in outpacing the rapid spread of infectious agents. The time to prepare for the inevitable next public health crisis is while still living through the present one.
BlockApps’ Craig Recatto and partner Rejolut’s own Sharat Chandra hosted a webinar about the challenges and how they can be addressed.
Adoption of blockchain technology and the creation of decentralized identities will revolutionize how individuals grant access to and control their own personal health information. This applies equally for medical professionals, who benefit from the rapid verification of their professional and educational background, allowing for greater mobility and flexibility in the practice of Medicine. Interoperability is the catalyst on which blockchain solutions will drive innovation and advances in healthcare. The implementation of blockchain technology now will protect the future public health by improving the clinical trials process and shrinking the path to commercialization, leading to more drug approvals and improving the quality of life for many worldwide.
Craig Recatto Ph.D., Healthcare & Life Science Inudstry Expert at BlockApps
BlockApps was the first company incubated out of ConsenSys in 2015 and has created several industry innovations including the launch of the best, easy-to-use, most powerful Blockchain as a Service (BaaS) platform on the market called STRATO. Since launching STRATO on Microsoft Azure in 2015, BlockApps has become the first blockchain company to partner with all major cloud platforms (Azure, Amazon Web Services, Google Cloud Platform) and is a founding member of the Enterprise Ethereum Alliance (the world’s largest open standard blockchain organization). Today, we continue to expand our partner network and the enterprise-grade capabilities of STRATO.
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