Medifakt -- Revolutionizing Healthcare With Blockchain & Artificial Intelligence

Blockchain technology increases security, protects privacy, and promotes the interoperability of health data. Further, the use of blockchain with Artificial Intelligence will create a predictive system that would contribute to the clinical workflow.Blockchain is increasingly used as a valid approach to share data among groups securely. The technology is being used for conducting audit reports on physicians' licenses, identifying and tracking drugs; and understanding health outcomes for patients. Blockchain helps to obtain patient consent for sharing their details and makes data-transfer secure and tamper-proof. Smart contracts protect patient anonymity, make research results available without any bias in human data collection and analytics, and curtail the burgeoning costs of clinical trials.