How blockchain assists the improvement of healthcare?

Maciej Zieliński

13 Apr 2023
How blockchain assists the improvement of healthcare?

Introduction

When you will find yourself in a hospital, the method at which your data is processed is the last thing you will be probably thinking about. However, it may be the key to your successful recovery. Why would the form of storing the data be so important and why does the blockchain seem to be the most optimal solution in this case? In this article we will dive into the topic of blockchain and healthcare, explain why is it important as well as show a real use case.

Why blockchain and healthcare?

The medical sciences are based on sheer facts and is fully dependent on them because their validity is a difference between the life and death of patients. The new medicine brought to the pharmacies, newly researched healing method or the project of a new tool wouldn’t be possible without a thorough analysis of hundreds of terabytes of data. We probably do not have to explain why is an accurate analysis of patients health and the information processed by the healthcare so necessary. The need to create and maintain massive databases with reliable and accessible information appears to maintain the proper flow of information between the experts and hospitals.

The key features of the usage of blockchain is the ability to protect the reliability of the data stored in its systems and to ease the flow of information between its systems. Thanks to that we reduce the human error margin and the risk of the loss or theft of data. This is why blockchain can prove to be revolutionary when it comes to aggregating data in the healthcare.

Blockchain in the medical e-documentation

In the last decades the need for the digitalization of medical documentation has increased significantly and has been requested by both doctors and patients around the world. Such a way of storage of data about the patients’ health, his medical referrals or the results of his testing makes them more accessible and eases the procedures that use them. After all the patient confronts many types of specialists on his road to health so any situation where  the medical history is inaccessible seems absurd.

Perhaps the main disadvantage of modern registries is the fact that they are scattered in between many facilities. The patients very often are forced to use many different medical services because of their life situations. Because of that, the data about their previous treatments is often lost or inaccessible. In Poland for example, many patients use both the private and the national healthcare which makes it difficult to control which of the EDM (electronic medical documentation system) systems would be used to allow the information to flow and so some doctors have difficulties with accessibility of data from his peers. Because the private medical facilities decide which EDM system they shall use independently, the communication between the different systems is usually lost. This translates into the lowered quality of decisions undertaken in reference to treatment and makes it difficult for the patient to access the documentation. Additionally when EDM is applied the data is often threatened by the audit, provenience and the loss of control.

Blockchain as a Solution

Solutions based on blockchain could potentially become a base for answering those issues. For example, MedRec system, tested by the Beth Israel Deaconess Medical Center uses the advantages shown by the blockchain to provide the users with confidentiality, integrity and an ability to easily verify data. Such a decentralised system of data gives its users an unchangeable medical documentation and allows for ease in accessing it in many situations.

An important trait of MedRec is the ability to let the patient be responsible for his own data. The system only holds a hash of the record of the medical documentation and informs the patient where the record should be held at. The hash allows for the record to be unchangeable and the users interface makes it sure that the medical documentation is consistent in between the medical facilities. This allows the record to be available for both the private and the national medical institutions as it is stored independently from them and is not limited to either.

A common trait between the blockchain based solutions like MedRec is the ability to exchange the medical data while there is a simultaneous confidentiality of the personal data. The first country which has discovered the potential behind this technology seems to be Estonia, where there was a first proposition of using the blockchain to maintain the EDM system.

Where shall we use the blockchain in the future?

In recent years, neurology of technological solutions had its fair deal of advancements. It has excited people around the world and left them hungering for more.  Its no surprise since the modern times strive towards less and less mechanical interaction with the infrastructure and the ability to control the facilities with the power of our own mind. Such neurological devices can interpret the patterns of brains activity and translate them into actual commands towards the external devices and interpret the psychological status of a person. However, in order to make such solutions work  we would need to digitalise the brain. Once again, blockchain can prove to become an indispensable tool to assist us in achieving that.

One of suggestions for such an implementation is storing the “thought files”, which would work like the compound elements of data of chains of personal thoughts which can be shared inside of a peer-to-peer system. This kind of blockchain thinking is proposed as a calculation system of processing the entering data with several functions that give the AI chance to integrate with the human brain.

Multicomponent verification which connects to the personal chain of thoughts as a blockchain implementation  can allow a safe cryptography of creation of joint numerical data for people. Such joint data reduce the number of silos of human data which also allows every human to keep their own private property and to share their own experience.  

Blockchain in Healthcare Use Case: Neurogress

One of the companies that confirmed their desire to use the blockchain technology to store the human brain activity data is Neurogress. Registered in Geneva and created in 2017, this company is keen on construction of neural control systems which will allow all of its users to control the machines, drones or AR/VR devices through the power of their mind. The Neuroregress system is focused on the usage of machine learning that is used in order to improve the ability to read the brains activity. Huge amounts of data about the neural activity is required to train the AI to use the system. The company defines the data with the usage of exabytes (1 exabyte = 1 billion gigabytes). Its no wonder the Neurogress will use blockchain as it allows the safety and privacy for data in large quantities.

Thanks to the ability to register the data of the user in decentralised blocks of chains is immune to manipulations and breaches. The system will allow the safety and confidentiality to its users because most of the suspicious activities are easily detectible. Simultaneously the usage of blockchain allows the Neurogress system to be open and accessible to its users.

Blockchain healthcare – the future of medical databases

The constant growth of medical sciences will bring much more data to process in the future. Quick processing of exchange between the facilities can become key in the improvement of the treatment process. Solutions which bring such a need will reduce the cost of procedures and the time needed to carry them out, they will reduce the usage of resources which are increasingly scarce. Additionally, the growing social awareness concerning the data and its protection will increase the need for the application of blockchain in the medical sector. As it offers an innovative look into the storage of data which assures its safety, reliability and quick exchange on the protocol level, it can become a solution that will let us both improve the existing methods and create newer, better ones.

Conclusion

To summarize, blockchain healthcare has the potential to transform the way patient data is stored and managed. Employing a secure, dependable, and decentralized approach for data aggregation, blockchain technology not only ensures patient privacy but also streamlines the exchange of information among hospitals and medical professionals. The MedRec system exemplifies this by empowering patients to control their data while preserving its confidentiality and consistency across various healthcare facilities. Moreover, applying blockchain technology to digitize brain data for neurological devices is another promising avenue being pursued by companies like Neurogress. In essence, blockchain healthcare offers promising solutions for data management and privacy concerns within the industry.

Want to know more about using the emerging technologies in medicine? Check out our article on AI in medice.

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Nextrope as Sponsor at ETH Warsaw 2024: Highlights

Miłosz

04 Oct 2024
Nextrope as Sponsor at ETH Warsaw 2024: Highlights

ETH Warsaw has established itself as a significant event in the Web3 space, gathering developers, entrepreneurs, and investors in the heart of Poland’s capital each year. The 2024 edition was filled with builders and leaders united in advancing decentralized technologies.

Leading Event of Warsaw Blockchain Week

As a blend of conference and hackathon, ETH Warsaw aims to push the boundaries of innovation. For companies and individuals eager to shape the future of tech, the premier summit during Warsaw Blockchain Week offers a unique platform to connect and collaborate.

Major Milestones in Previous Editions

  • Over 1,000 participants attended the forum
  • 222 hackers competed, showcasing groundbreaking technical skills
  • $119,920 in bounties was awarded to boost promising solution development

Key Themes at ETH Warsaw 2024

This year’s discussions were centered around shaping the adoption of blockchain. To emphasize that future implementation requires a wide range of voices, perspectives, and understanding, ETH Warsaw 2024 encouraged participation from individuals of all backgrounds. As the industry stands on the cusp of a potential bull market, building resilient products brings substantial impact. Participants mutually raised an inhibitor posed by poor architecture or suspicious practices.

Infrastructure and Scalability

  • Layer 2 (L2) solutions
  • Zero-Knowledge Proofs (ZKPs)
  • Future of Account Abstraction in Decentralized Applications (DApps)
  • Advancements in Blockchain Interoperability
  • Integration of Artificial Intelligence (AI) and Machine Learning Models (MLMs) with on-chain data

Responsibility

With the premise of robust blockchain systems, we delved into topics such as privacy, advanced security protocols, and white-hacking as essential tools for maintaining trust. Discussions also included consensus mechanisms and their role in the entire infrastructure, beginning with transparent Decentralized Autonomous Organizations (DAOs).

Legal Policies

The track on financial freedom led to the transformative potential of decentralized finance (DeFi). We tackled the challenges and opportunities of blockchain products within a rapidly evolving regulatory landscape.

Mass Adoption

Conversations surrounding accessible platforms underscored the need to simplify onboarding for new users, ultimately crafting solutions that appeal to mainstream audiences. Contributors explored ways to improve user experience (UX), enhance community management, and support Web3 startups.

ETH Legal, co-organized with PKO BP and several leading law firms, studied the implementation of the MiCA guidelines starting next year and affecting the market. It aimed to dissect the complex policies that govern digital assets.

Currently, founders navigate a patchwork of regulations that vary by jurisdiction. There is a clear need for structured protocols that ensure consumer protection and market integrity while attracting more users. Legal experts broke down the implications of existing and anticipated changes on decentralized finance (DeFi), non-fungible tokens (NFTs), business logic, and other emerging technologies.

The importance of ETH Legal extended beyond theoretical discussions. It served as a vital forum for stakeholders to connect and share insights. Thanks to input from renowned experts in the field, attendees left with a deeper understanding of the challenges ahead.

Warsaw Blockchain Week: Nextrope’s Engagement

The Warsaw Blockchain Week 2024 ensured a wide range of activities, with a packed schedule of conferences, hackathons, and networking opportunities. Nextrope actively engaged in several side events throughout the week and recognized the immense potential to foster connections.

Side Events Attended by Nextrope

  • Elympics on TON
  • Aleph Zero Opening Party
  • Cookie3 x NOKS x TON Syndicate
  • Solana House

Nextrope’s Contribution to ETH Warsaw 2024

At ETH Warsaw 2024, Nextrope proudly positioned itself as a Pond Sponsor of the conference and hackathon, reflecting the event's mission. Following a strong track record of partnerships with large financial institutions and startups, we seized the opportunity to share our reflections with the community.

Together, we continue to innovate toward a more decentralized and inclusive future. By actively participating in open conversations about regulatory and technological advancements, Nextrope solidifies its role as an exemplar of dedication, forward-thinking, and technological resources.

Nextrope on Economic Forum 2024: Insights from the Event

Kajetan Olas

14 Sep 2024
Nextrope on Economic Forum 2024: Insights from the Event

The 33rd Economic Forum 2024, held in Karpacz, Poland, gathered leaders from across the globe to discuss the pressing economic and technological challenges. This year, the forum had a special focus on Artificial Intelligence (AI and Cybersecurity, bringing together leading experts and policymakers.

Nextrope was proud to participate in the Forum where we showcased our expertise and networked with leading minds in the AI and blockchain fields.

Economic Forum 2024: A Hub for Innovation and Collaboration

The Economic Forum in Karpacz is an annual event often referred to as the "Polish Davos," attracting over 6,000 participants, including heads of state, business leaders, academics, and experts. This year’s edition was held from September 3rd to 5th, 2024.

Key Highlights of the AI Forum and Cybersecurity Forum

The AI Forum and the VI Cybersecurity Forum were integral parts of the event, organized in collaboration with the Ministry of Digital Affairs and leading Polish universities, including:

  • Cracow University of Technology
  • University of Warsaw
  • Wrocław University of Technology
  • AGH University of Science and Technology
  • Poznań University of Technology

Objectives of the AI Forum

  • Promoting Education and Innovation: The forum aimed to foster education and spread knowledge about AI and solutions to enhance digital transformation in Poland and CEE..
  • Strengthening Digital Administration: The event supported the Ministry of Digital Affairs' mission to build and strengthen the digital administration of the Polish State, encouraging interdisciplinary dialogue on decentralized architecture.
  • High-Level Meetings: The forum featured closed meetings of digital ministers from across Europe, including a confirmed appearance by Volker Wissing, the German Minister for Digital Affairs.

Nextrope's Active Participation in the AI Forum

Nextrope's presence at the AI Forum was marked by our active engagement in various activities in the Cracow University of Technology and University of Warsaw zone. One of the discussion panels we enjoyed the most was "AI in education - threats and opportunities".

Our Key Activities

Networking with Leading AI and Cryptography Researchers.

Nextrope presented its contributions in the field of behavioral profilling in DeFi and established relationships with Cryptography Researchers from Cracow University of Technology and the brightest minds on Polish AI scene, coming from institutions such as Wroclaw University of Technology, but also from startups.

Panel Discussions and Workshops

Our team participated in several panel discussions, covering a variety of topics. Here are some of them

  • Polish Startup Scene.
  • State in the Blockchain Network
  • Artificial Intelligence - Threat or Opportunity for Healthcare?
  • Silicon Valley in Poland – Is it Possible?
  • Quantum Computing - How Is It Changing Our Lives?

Broadening Horizons

Besides tuning in to topics that strictly overlap with our professional expertise we decided to broaden our horizons and participated in panels about national security and cross-border cooperation.

Meeting with clients:

We had a pleasure to deepen relationships with our institutional clients and discuss plans for the future.

Networking with Experts in AI and Blockchain

A major highlight of the Economic Forum in Karpacz was the opportunity to network with experts from academia, industry, and government.

Collaborations with Academia:

We engaged with scholars from leading universities such as the Cracow University of Technology and the University of Warsaw. These interactions laid the groundwork for potential research collaborations and joint projects.

Building Strategic Partnerships:

Our team connected with industry leaders, exploring opportunities for partnerships in regard to building the future of education. We met many extremely smart, yet humble people interested in joining advisory board of one of our projects - HackZ.

Exchanging Knowledge with VCs and Policymakers:

We had fruitful discussions with policymakers and very knowledgable representatives of Venture Capital. The discussions revolved around blockchain and AI regulation, futuristic education methods and dillemas regarding digital transformation in companies. These exchanges provided us with very interesting insights as well as new friendships.

Looking Ahead: Nextrope's Future in AI and Blockchain

Nextrope's participation in the Economic Forum Karpacz 2024 has solidified our position as one of the leading, deep-tech software houses in CEE. By fostering connections with academia, industry experts, and policymakers, we are well-positioned to consult our clients on trends and regulatory needs as well as implementing cutting edge DeFi software.

What's Next for Nextrope?

Continuing Innovation:

We remain committed to developing cutting-edge software solutions and designing token economies that leverage the power of incentives and advanced cryptography.

Deepening Academic Collaborations:

The partnerships formed at the forum will help us stay at the forefront of technological advancements, particularly in AI and blockchain.

Expanding Our Global Reach:

The international connections made at the forum enable us to expand our influence both in CEE and outside of Europe. This reinforces Nextrope's status as a global leader in technology innovation.

If you're looking to create a robust blockchain system and go through institutional-grade testing please reach out to contact@nextrope.com. Our team is ready to help you with the token engineering process and ensure your project’s resilience in the long term.