Web3 for Healthcare | Web3 Development Company

How Does Web3 Improve the Healthcare Infrastructure?

September 30, 202215:37 PM

Web3 for Healthcare

The web is moving from the centralized web 2.0 to the decentralized web3, and new uses are being discovered in this third iteration. One such industry that web3 has many practical applications in is healthcare. Web 2.0 has been all around us. The second iteration was the first to introduce innovative technologies such as telemedicine, electronic health records, and healthcare applications. While it greatly benefits humanity, many things could be affected by this technology. Our data is at risk because of the lack of transparency on the central servers. Anyone can access the data to modify or delete it. This is a serious concern for healthcare providers and patients who use healthcare facilities. This is not true for Web 3.

Web3 for Healthcare is changing how patients manage their data and helping them organize their medical records. Every day, web3 Healthcare is developing new services and solutions. This shows the prominence of Web3 in healthcare. Web3 for Healthcare has many benefits, including tracing fake medicines, securing data, and performing metaverse surgeries. Let's look at how Web3 can help healthcare.

What is Web3?

Web3 is the third version of the web, allowing users to control and own their data. Web3 is a distributed environment that allows users to control their data. This is in contrast to the current web 2.0's centralized ecosystem. Web3 is the solution to many problems plaguing the current web (or read-write web). These include centralization, censorship, and data leakage. Blockchain technology backs the read-write-own HTML3 and creates a trustless, peer-to-peer, and permissionless ecosystem. Web3 can be used to provide healthcare services. Let's see how Web3 can help you get healthcare.

It provides the following benefits to the users:
  • Ownership
  • Resistance to censorship
  • Decentralized Autonomous Organizations (DAOs).
  • Self-sovereign identity
  • Native payments

Healthcare and Web 2.0

Health 2.0 is the name of the healthcare technology developed with Web 2.0 in the mid-2000s. Healthcare 2.0 transformed the traditional healthcare system and made it more efficient. It uses a variety of technologies to give patients control and insight over their data. These include telemedicine, connected healthcare, mHealth, and many more.

It revolutionized, misconfigured, and transformed it, but it also had its faults. It is vulnerable to data breaches and security threats. Cyberattacks on healthcare organizations with weakly secured websites, web servers, and databases can be devastating. Cybercriminals and hackers always look for weakly configured, ured, or exposed databases to exploit and demand ransom.

Healthcare institutions must take the security of electronically protected health information (ePHI) seriously. Data encryption is a key component. Insecurity can also be caused by outdated equipment and medical devices, insufficient cyber awareness, or a lack of documented cybersecurity procedures and policies.

While web 2.0 has helped to develop the healthcare system, there have been increased data vulnerabilities and other problems. The emergence of web3 in healthcareis a relief. After learning the basics of web3, let's see how web3 can help the healthcare industry.

Web3 is a revolutionary tool for healthcare innovation. These three components of web3 can transform the healthcare industry:
  • Blockchain-Web3 use cases in healthcareand blockchain technology to create a distributed encrypted database that allows secure storage and data transfer. The data owner can only see the data.
  • NFTs: Non-Fungible Tokens (NFTs) are unique tokens that cannot be replaced and are backed by blockchain to track the ownership of physical or digital assets.

Web3 Blockchain, at the heart of web3, allows healthcare professionals to store patient data through its immutable digital blockchain technology securely. Because this data is distributed among nodes, it cannot be altered or tampered with. On the other hand, a metaverse can transform digital healthcare, such as telemedicine or teleconsultation, into an engaging and immersive space. Web3 tokens based on blockchain, such as NFTs, give ownership rights to their users. This allows the healthcare system to be patient-centric and decentralizes data, allowing it to transfer ownership to individuals. This is a significant shift in healthcare.

Data ownership and management of patient data: Web3 for Healthcare is primarily used to manage data in large healthcare institutions. Every patient who comes to a hospital is unique in their symptoms, weaknesses, illnesses, and treatments. Each patient requires a complete and separate medical record. This can prove difficult for hospital administration because hundreds of thousands of patients could visit the institution daily.

Smart contracts allow healthcare providers to store patients' medical records on the blockchain. Access to the data is only possible with the generated public key or unique ID. The ID or public key must be available to any doctor who needs access to the data. The public key is required to access the data. Any healthcare professional who needs it cannot see the data. However, the key holder can share the key with the professional at any time. Patients are now the owners of their data. This gives them privacy and protects their sensitive information.

Data security: Healthcare data management today is vulnerable to security flaws and easily hackable. Patients expect it to be safe and secure. Lack of transparency in the pharmaceutical supply chain makes counterfeiting a growing problem in the healthcare sector. Illicit drug producers alter and fake the original drug. This results in drugs that contain lower amounts of active ingredients or ingredients that are not listed on the label. This can harm the health of patients who consume it and may even worsen their condition. While drug manufacturers have taken steps to combat counterfeit drugs, illegal producers find other ways to market their drugs while faking them to be genuine.

Current trends in medical technology include AR, VR, and robotics, particularly among top hospitals and universities. It allows doctors to see the patient's entire body in 3D, which helps them plan and execute surgical procedures. However, AR and VR cannot be used to make clinical decisions. The metaverse can satisfy medical professionals' needs for proper surgical operations.

Training in medicine: Current medical training is limited to videos and 2D images. Students can only view and learn from these videos. Many medical training institutions permit medical students to work on corpses. This has its ethical issues and laws. This is where the metaverse technology has made a significant difference. Several medical training institutes already use AR, VR, and MR technologies to teach anatomy to students.

Monetization and patient medical records: The current system allows patients to approach different medical institutions for treatment. Each hospital maintains a separate medical file. If a patient visits 10 hospitals for treatment, there will be 10 medical records files at all of these hospitals. This can lead to a fragmented healthcare system where no single master record of the patient's health records exists. In an unstructured fashion, sensitive patient records can be scattered across multiple platforms.

Conclusion

A Web3 development company can bring about radical changes in the healthcare industry. It can centralize the system and return data to users who should have been data owners from the beginning. The data is currently in the hands of healthcare giants with full authority to do whatever they want. They may sell the data to third parties without knowledge to make huge profits. If you're looking to create a web application for your healthcare institution, PerfectionGeeks, a web application development company, can help you realize your vision. Reach usfor any query related to healthcare infrastructure.

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USA USA

1968 S. Coast Hwy, Laguna Beach, CA 92651, United States

9176282062

Singapore singapore

10 Anson Road, #33-01, International Plaza, Singapore, Singapore 079903