A Next Generation Blockchain Network That Enhances Collaboration Among Healthcare Participants

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December 5, 2018 by
A Next Generation Blockchain Network That Enhances Collaboration Among Healthcare Participants

Novel blockchain platform, Cura Network is creating a collaborative system that is focused on enhancing effective data sharing processes in the health maintenance ecosystem.

As recorded in the project’s whitepaper, it aims to improve the healthcare universe by making use of blockchain technology to create a unified platform that will power a plethora of health services.

Healthcare And Development

Healthcare management is a fundamental aspect of modern day development. The progressive indices of nations reflect direct relationships between the technological impact in their healthcare systems. It forms a major part of the differentiating factor that separates the developed world from the underdeveloped regions.

The ability to bring together the erstwhile defragmented sectors and stakeholders within this ecosystem forms the basis for structural classification of the healthcare industry across regions.

With the benefit of blockchain and decentralized ledger technology, patients, specialists, service providers and third-party application developers are being provided the opportunity to operate in a transparent network of data and value transfer.

Cura Network introduces a decentralized storage of health data via a platform that guarantees data interoperability, fast and secure access, privacy and data portability while serving as a partial or whole data layer for third party app developers to power their health service applications.

A Decentralized System

This provides an equal opportunity for participants at all levels across the globe to benefit from the novel innovations enabled through blockchain.

Unlike the existing centralized systems that are prone to the prevailing corrupt jurisdictions that most of them belong to, Cura Network introduces a peer-to-peer transparent system of both data exchange and rewards execution.

Through the use of its native cryptocurrency Cur, the network enables the payment of specialists for services rendered in a secure and transparent way on the blockchain while patients will earn by voluntarily opting into research campaigns by providers.

Among several other benefits, patients on Cura Network will have unrestricted access to their health data at any given time, which can be updated after every transaction. Blockchain qualities also give the patients, who are the real owners of such data the privacy required in managing such data. Patients can decide how their data is managed across entities.

Closing The Gap Through Blockchain

The global and decentralized reach which is achieved by blockchain implementation make it possible for extensive collaboration to be achieved. Health history in this case becomes easily accessible without the restriction of location or jurisdiction. Also, specialists are able to share skills and experiences with colleagues around the world for quality health services.

Despite the global deficiency in health management systems, there exists a huge gap between what is obtained in different regions of the world. However, with emerging innovations like the Cura Network, disadvantaged parts of the world are provided the opportunity to close such gaps, just like it was achieved in the information sector through the internet.

Blockchain is yet a developing technology and several solutions are being built to enhance the services sector of human existence. While governments and institutions are still finding the appropriate modules of incorporating the technology, proven solutions are working their way into the socio-economic fabrics of existence.

Indeed the technology is upon us and its solutions are spreading. However, it is apparent that the next few years will see the establishment of key products that will define the next phase of technological advancement encountered by humanity.

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