ABSTRACT
The healthcare industry is about to undergo a profound transformation due to the potential for blockchain technology to drastically change its fundamental policies and practices. This comprehensive survey paper, titled “Blockchain Revolution in Healthcare,” examines the numerous ways that blockchain technology is impacting healthcare systems and services. In this paper, the key components of blockchain—smart contracts, decentralized ledgers, and cryptographic security—as well as their applications to healthcare are discussed. First section of the research paper gives an overview of the challenges and inefficiencies that the healthcare sector is currently dealing with, with a focus on issues related to interoperability, patient privacy, and data security. The way in which blockchain technology can help with safe, open, and immutable data management and sharing is explained in the following section.
