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LeewayHertz Develops Scalable Blockchain Applications for Healthcare Industry

11-16-2018 03:33 PM CET | IT, New Media & Software

Press release from: LeewayHertz

LeewayHertz uses blockchain technology to develop practical solutions for the healthcare industry. This technology has a huge impact on important aspects related to patients that include record sharing, medical research, and billing. It not only improves record management for Patient Health Information (PHI) but also provides security to the stored information.

Recently, Marketing Manager of the company explained LeewayHertz’s role in health blockchain development by saying, “Unlike any other traditional method of managing and sharing information, blockchain offers a safer way to share healthcare records on multiple nodes. It enables a simplified method of accessing data and ensures interoperability to avoid delays in patient care. Blockchain technology decentralizes data using a transparent and immutable ledger that can be accessed by everyone within the network.

To build a scalable health blockchain solution, LeewayHertz undertakes five main modules including data generation, data enrichment, health records storage on blockchain, smart contracts for data consumption, and implementation of AI and data mining.

Primarily, data can be generated via different sources and prepared in compliance with regulatory guidelines. Smart contracts enable processing of incoming data and storage of each transaction on the blockchain. Patient’s data is stored in an encrypted format that can be made accessible to the authorized users. LeewayHertz has a team of experienced professionals to complete all these steps and ensure that the blockchain-based healthcare solution brings transparency and security to the health record-keeping operations.

The Marketing Head further asserted the significance of health blockchain solutions as he said “Healthcare data includes personal information of the patients and important documents like MRI scans, prescription, reports, and so on. These records are currently stored on centralized servers where they are vulnerable to cyber hacking. We deploy blockchain technology to replace user’s identity with a public hash key for saving it cryptographically. This information can be accessed only by a secret private key and it requires patient’s consent to access. We also ensure compliance with HIPAA’s privacy rule to protect these records.”

The technologies like machine learning, artificial intelligence, and the internet of things are transforming the healthcare industry for multiple purposes. But, it requires a decentralized approach of blockchain to protect the privacy of patients and bring more trust in the patient care system. LeewayHertz works on various digital platforms to facilitate data mining and ensure discovery of relevant data from huge databases stored on the blockchain servers.

As blockchain is creating unique opportunities for many sectors including the healthcare, LeewayHertz is optimizing the capabilities of this technology to overcome challenges faced by the medical services. The company is consistently working to leverage the potential of data management solutions based on this technology.

With more than 10 years in offering custom software development services, LeewayHertz has built 100+ digital platforms on mobile, blockchain, cloud, and IoT. The company has a proven expertise in delivering custom applications within stipulated timelines and anticipated costs. It has a team of dedicated professionals to design and deliver enterprise-grade applications based on blockchain technology.

LeewayHertz
388 Market Street
Suite 1300
San Francisco, California 94111
Phone: 877-801-8115
Email: info@leewayhertz.com

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