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Showing posts from October, 2020

Does blockchain technology serve as multipurpose solutions in healthcare? A brief breakthrough!

  The manual management of the healthcare ecosystem has become a very complicated and frustrating task for the management staffs. The chance of losing health-related data and records has become an everyday incident while it is manually managed.   Blockchain in healthcare has made it comfortable, and the time is consumed less to maintain data and process tasks in an effective way.   Managing the privacy of confidential records always be a challenging task for the healthcare industries. After the inception of blockchain technology, healthcare operations are more secure and protected, by eliminating the intermediate role for verifying the records' correctness and accuracy.   Now, let us know the multipurpose ways that the blockchain has to offer us in the healthcare industry.  Securing patients medical record  The blockchain's ability is to keep an incorruptible, decentralized, and transparent ledger of all data, making it rigid. Additionally, while blockchain is transpa

What is Crypto and How it works?

Crypto currencies! We all have heard of them. The high-praise and unstoppable controversies that surround them. The irreplaceable benefits and the evolution they have delivered to several industries.   But how much do we know about what they really are and how they function?  What is Cryptocurrency? Cryptocurrency is a peer-to-peer digital replacement for fiat money like dollars, rupees, and pounds. Cryptos are powered by blockchain technology that facilitates a decentralized approach to its management. Each cryptocurrency possesses a value with regard to real money. But it often fluctuates based on demand, supply, and trading. How do they work? Cryptocurrencies are governed by blockchain technology. The transactions made by cryptocurrencies are tracked through an immutable and publicly distributed ledger. Once a set of entries are made, they are secured by cryptography. Hash algorithms are set in motion to group those entries. A set of entries are given a header and labeled