Blockchain use cases continue to grow as the world discovers the benefits it brings. In addition to bringing financial innovations like the ability to perform peer-to-peer transactions, blockchain is now making its way to the healthcare sector.
Health experts have created a method to track and store health data using blockchain technology. Rosanne Warmerdam, CEO of Health Blocks, told Cointelegraph that her team had developed a way for users to generate and store patient health data without sacrificing their privacy and security.
“We wanted to start by giving users ownership and control of their health data,” Warmerdam said. Leveraging the IoTeX blockchain, their Health Blocks platform collects lifestyle-related health data from wearables and other smart devices and connects it to a decentralized health profile.
The project also offers incentives as users reach their health goals. “We want to make healthy living fun and rewarding, providing tools to improve health and provide access to health services for everyone,” Warmerdam said.
With this, users can get tokens as they reach their health goals. According to Warmerdam, “When a user reaches a health goal of 10,000 steps per day, a smart contract is triggered, sending tokens to your profile.”
Related: $1 billion science fund seeks blockchain projects to extend human lifespan
Meanwhile, a medical company in Mexico is using blockchain to verify COVID-19 test results. MDS Mexico uses technology to avoid the fabrication of results. The team certifies detection of COVID-19 through blockchain and cryptographic signatures. This protects information using a unique, immutable, unalterable QR code that can be easily verified.
There are a number of existing use cases for blockchain in the medical field, but many predict it is open to further breakthroughs. While discussing potential new use cases for crypto and blockchain, billionaire Mark Cuban also shared theories on how decentralized autonomous organization can be applied in medical procedures such as providing colonoscopies.