The Value Benefit to Society Healthureum Offers

Introduction

Healthuruem’s integration of Blockchain technology in the healthcare industry is intended to bring about social responsibility, S3, standardization, as well as scalability. This way, such flaws as the misuse of the patient’s data, inflation of costs, and the inaccessibility to adequate healthcare services are mitigated. “Through blockchain, we can achieve decentralized healthcare, closing the gap between services; through transparency, security and most importantly accountability.”

Societal Benefits of Healthureum

Healthcare funding through Healthureum’s philanthropic activities program

Healthureum is steadfast in upgrading all healthcare standards by giving room for philanthropists to be part of the ecosystem, as well as to contribute toward the prospect of health care. With the realization that healthcare research is beneficial to everyone in the society, Healthureum is motivating philanthropists to engage in the funding of research programs that are likely to aid them and the society at large now and in the coming times.

Also, Healthureum, by using the SCT is able to offer secure lending by means of the contract’s self-executing terms. Among others, the following is a series of the healthcare-related needs that could obtain funding on the Healthureumblockchain platform:

·         Research & development.

·         Laboratory set-up.

·         Emergency procedures

·         Clinical trials

·         Cosmetic Surgery

·         Medical centers

Healthcare Funding through Healthureum’s project lending platform

The fact that getting funded in the healthcare industry is a major challenge affects the entire society, considering the fact that the healthcare industry constitutes the backbone of the society. However, thanks to the Healthereum platform, this flaw can be mitigated. Healthureum, by using the SCT is able to offer secure lending by the means of the contract’s self-executing terms. Among others, the following is a series of the healthcare-related needs that could obtain funding on the Healthureumblockchain platform:

·         Research & development.

·         Laboratory set-up.

·         Emergency procedures

·         Clinical trials

·         Cosmetic Surgery

·         Medical centers

Adequate medical infrastructure

The providence of efficient health care is fully dependent on the availability of adequate medical infrastructure. As such, it is fundamental that the activities carried out on medical infrastructure are closely monitored and evaluated for efficiency. It is at this point Healthureum comes to our rescue.Healthureum’s usage of blockchain technology enables them to make records as well as evaluate each and every activity on a medical infrastructure. This is done on the basis of expenses/cost vs. its utilization, patients’ waiting period and as such demand, maintenance checks scheduling, and the supplier’s legitimacy. This info is of great significance to medical institutions to ascertain the adequacy of their infrastructure, as they also strengthen the confidence patients have in them, that they have resources that are efficient as well reliable. This is a big plus to these institutions, especially when assessing investment vs. return. It also helps these medical institutions to plan annual budgets as well as anticipate future capital disbursements.

Partnerships and interoperability

Healthureum’s adoption of a technology that is both decentralized and transpicuous in nature, in this case, blockchain technology, enables us to transform the manner in which we share data, hence spurring partnerships as well as interoperability, at the same time preserving the integrity of patient data, underlying security measures, and privacy.

Data Protection

Data integrity in the Healthcare industry, be it research or patient-centered, is fundamental. Healthureum’sBlockchain technology is a significant aid in ensuring this data is secured. The introduction of a decentralized system by blockchain makes it easier to mitigate such dangers as cybercrime and data tampering/leakage. The fact that the healthcare industry suffers an extra 340 security attacks in comparison to other industries, calls for the need to integrate a system that is more robust.

Curbing fraud in counterfeit drugs

This cost-cutting attempt can be seen in the manufacturing of drugs also. This is a particularly large issue in developing nations such as India and China, where branded drugs are simply too expensive when compared with locally produced alternatives. The WHO estimates that “16% of counterfeit drugs contain the wrong ingredients” which means from a qualitative and quantitative aspect, the drugs may not actually treat the symptoms they are intended for, and may result in adverse side effects.

This is a notable concern, highlighting the need for more accurate supply chain management. Healthureum’sBlockchainplatform could drastically improve medication supply chain management and produce associated gains in patient safety.

Population Health Management

Standardization and interoperability would allow for more collaboration between hospitals in the form of data sharing which would aid population health management and future capital planning.

Conclusion

The underlying mission of Healthureum is to provide a future-proof system for managing healthcare. This project is a perfect example of we can change the lives of millions including patients, providers, regulators, and researchers, by using an innovative technology such as blockchain. The benefit is not limited to financial gain, but the value added to society cannot be measured purely with numbers, like patient satisfaction, recovery timeframes and overall population health with benefit. more info please visit http://healthureum.io/