The storage of medical records is, at best stuck in the last century. Records of a patient, in the UK, will be stored in a centralised system. But, if that person crosses a border and gets sick, accessing those records will, at best, be tricky and time-consuming. If a person becomes unwell on a Friday afternoon, the first chance their records will be accessible would be Monday afternoon. Obviously, if the person in question is critically ill, this poses a big problem.
Digital medical records could be stored on a blockchain accessible anywhere in the world. Because the records are cryptographically secured this offers the individual the utmost privacy and security. The records could be stored on a card – either physical or digital and only medical professionals would have the ‘key’ to access these records.
Scope and opportunity
The world is, metaphorically, shrinking. And, as the Baby Boomer generation ages, more people will be travelling abroad into their 70’s and beyond. Though this newfound liberation can be a boon to the individual the inevitable need for people who are older to be adequately cared for needs to be addressed. Private health providers and insurance companies could gain a serious competitive edge by offering this service commercially. National healthcare providers, like the NHS, could use this mechanism to save more lives.
Yotta is in the process of building a platform that will address the pressing question about how medical records can travel safely across borders, as well as solving a host of other problems too.