Abstract

The positive effect of technology on health care is known as digital transformation. Wearable fitness technology, telemedicine, and AI-enabled medical devices are just a few examples of how health care is undergoing a digital transformation. These are intended to revolutionize the health-care industry by improving patient care, streamlining operations, and lowering costs. They are still facing significant challenges in patient data security and privacy, invoicing and payment processing, medical supply chain, and drug integrity. Blockchain technology can absolve the healthcare industry from facing these challenges; it can establish a blockchain of medical records. Blockchain is considered highly secure, transparent, and immune to hackers due to its digital encryption. This article examined the potential of blockchain technology to improve the security, privacy, and interoperability of healthcare data, and it suggested a few advanced uses of blockchain in the health care domain after a thorough analysis of the existing major challenges in the sector.

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