Cryptocurrency Q&A
What are the downsides of blockchain in healthcare?
What are the downsides of blockchain in healthcare?
QuasarPulse
Wed Oct 23 2024
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5 answers
1216
I'm interested in understanding the potential downsides or negative impacts of using blockchain technology in the healthcare industry. Could you outline some of the key issues or challenges?
5 answers
BonsaiVitality
Fri Oct 25 2024
Blockchain possesses numerous advantageous traits.
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ShintoSanctuary
Fri Oct 25 2024
One of the most prominent characteristics of blockchain is decentralization. This feature ensures that no single entity controls the network, thus fostering a more democratic and secure environment.
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HanjiHandiwork
Fri Oct 25 2024
Immutability is another key aspect of blockchain technology. Once data is recorded on the blockchain, it cannot be altered or deleted, providing a tamper-proof and reliable record of transactions.
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Daniela
Thu Oct 24 2024
Transparency and traceability are also significant strengths of blockchain. All transactions on the blockchain are visible to all participants, and the history of each transaction can be traced back to its origin, enhancing accountability and trust.
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SejongWisdomKeeper
Thu Oct 24 2024
Despite these advantages, blockchain faces several challenges in the healthcare sector. Security concerns remain a significant vulnerability, as the network could be susceptible to attacks if not properly secured.
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