Blockchain technology goes beyond cryptocurrencies and is now used in many applications, including decentralized databases that prevent tampering through transparency and security.
Blockchain technology protects data, increases data integrity and allows patients to have more control over their data.
It can also increase supply #chain transparency and verify the authenticity of medicines. In addition, #blockchain has the potential to improve biomedical research by helping with identification in healthcare and simplifying data storage and sharing.
Blockchain in healthcare: untapped potential in Germany?
#Blockchain technology has many benefits, but its application in the German healthcare sector is less developed.
The German Federal Ministry of Health recognized the potential of blockchain and organized a workshop on the topic in 2019.
Out of 142 projects, 20 finalists were selected and awarded for projects such as secure e-prescriptions, decentralized forms of patient consent services and blockchain-based disability leaves.
However, to date, none of these projects have been implemented.
Since then, new initiatives have emerged, but many of them remain isolated and are rarely implemented.
What is preventing Germany from implementing blockchain?
Why, despite such a promising technology, are there so few blockchain projects in the German healthcare market?
Prof. Volker Nürnberg, professor of healthcare management at the Technical University of Munich, told Cointelegraph that Germany's healthcare sector is highly regulated and not always seen as a driver of innovation, which is a particular problem for startups:
"From a global perspective, the healthcare sector is not always a driver of innovation. It is also very heavily regulated [in Germany]. Startups in particular don't want to wade through the legal jungle.
Nuremberg also mentioned the technical, ethical and privacy hurdles that make blockchain adoption difficult.
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