Sophisticated ways to organize information in healthcare are becoming more important. Organizations are realizing they need to control, share, and study all kinds of data.
Furthermore, making sure that healthcare companies have strong protection for their data is very important. In 2023, 87 million people in the United States had their personal information stolen in data breaches, according to Atlas VPN. This number has more than doubled compared to the 37 million patients affected in 2022.
Blockchain is a technology that helps to store and manage data securely and transparently
To fix these problems, companies are mixing blockchains with other technologies to make better data systems.
Amber Hartley, the person in charge of planning at BurstIQ (a company that uses blockchain to offer services), said that the healthcare industry has always used old-fashioned ways to manage data. These methods make it hard to link information together.
She said that traditional data management is only made for data within the company. “This is not made for the many groups, companies, partners, programs, and people who have, manage, exchange, and study information in complex data networks. ”
To solve this problem, Hartley said that BurstIQ has used a mix of blockchain technology, machine learning, and privacy-protecting technology to make “smart data. ” This means that the data they create has built-in privacy, permissions, history, context, and trust, and can be used in different fields.
“Data privacy is not just about keeping the database secure. Now, privacy and security are built into the data itself,” she said.
Hartley said that important information is saved on BurstIQ’s system called LifeGraph. Many healthcare organizations use it.
For instance, she mentioned that the Colorado Department of Health Care Policy and Financing uses LifeGraph in their system for managing Medicaid data for 1. 5 million people in Colorado.
“This helps the agency keep their data clean, organized, and secure across all their different vendors and systems,” she said.
Hartley said that blockchain helps make things more efficient by encrypting data, allowing people to have control over their own identity, and using technology that enhances privacy.
Blockchain allows patients to have power over their identity and information. “When paired with smart consent contracts, it lets a patient decide who can see their information,” she said. Using blockchain makes it safe for multiple parties to work together. This means that parties can look at data together without sharing their information.
Building trust in a system that is not based on trust
Bruce Ahn, who is in charge of getting people to use Partisia Blockchain, a platform that makes public blockchain networks more secure, said to Cryptonews that MPC basically makes it possible to trust a system where trust is not necessary.
He said that Partisia is creating a way to manage data that keeps patient healthcare information private, using Verida’s data.
“He said the Partisia blockchain is a network that keeps information private while still being able to use it. ” “The Verida Wallet and Verida Network allow users to securely share their personal data with the Partisia blockchain for new ways of keeping personal information private and secure. ”
To help you understand, Ahn said that patients might use the Verida Wallet to get their health and fitness information from different systems. Verida CEO Chris Were said that this kind of information is kept safe and private on the Verida Network. Only the user can access it.
Ahn said that a healthcare research group could create a tool to ask for and analyze private healthcare data for research.
“In this situation, the research organization would use the Partisia blockchain and Verida developer tools to create an app that asks for private data from a user’s Verida Wallet and sends it to a privacy-preserving smart contract on the Partisia blockchain,” he said. “The smart contract would take information from lots of people and create useful research data, all collected with permission, without names, and with total privacy. ”
Even though the solution is not finished yet, Ahn said that Partisia and Verida have been helping healthcare organizations analyze data while keeping patient information private and following the rules.
“We have features that make it easier to follow the rules and protect privacy, like Jurisdiction Management for GDPR. We also have good examples of how this works. We think people will start using this new way to share patient data,” said Ahn.
MPC technology might also make it harder for hackers to get into patients’ data without permission. This is because data is no longer stored in one place, but is spread out among many users.
According to a blog by Fireblocks, MPC has become one of the main technologies used by crypto wallet providers and custodians to keep crypto assets safe because of its strong security. However, MPC systems can still be hacked. Fireblocks found some weaknesses called “BitForge” that can be a danger to crypto wallets using MPC technology.
Difficulties might slow down people using crypto
Despite the benefits of using blockchain technology in healthcare data management, there are some issues that could make it difficult for it to be widely adopted.
For example, Ahn said that companies might not want to use blockchain because they are worried about people’s privacy. “He said that traditional blockchain networks show everything, which could be worrying. ”
Hartley said that health information should not be kept on public records. Instead, she thinks that blockchain can be used in healthcare along with other services to help keep information private.
It was also said that while the Verida Network uses blockchain technology, it is not a blockchain. “So, your information is not kept on a blockchain network or made public,” he said.
Hartley said that healthcare companies need to know that using blockchain on its own won’t make sure that data is private or follows rules. She said that when blockchain is used with other privacy-protecting technologies, it can make data more private and secure.
“Healthcare companies will only consider blockchain companies if they can show that their technology meets the strict rules for keeping patient information private and secure, according to HIPAA, HITECH, 42 CFR Part 2, and many other regulations,” she explained.
Sadly, Hartley believes that the way blockchain is designed makes it really hard, if not impossible, to meet these standards. However, she thinks that as technology gets better, services like blockchain will become very important for more people to use. “When bringing together all the different parts of someone’s health journey online,” she said.