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It shouldbecriticallynoted that there isnotyet a standard for storingpatientdata
in the blockchain and that this can probably only be developed by a consortiumof
relevant, globally active players in the health industry or even theWHO. In this
case, a federated blockchain would have to be used. It is therefore fundamentally
questionable whether individual companies without certiļ¬cationāit may be that
MedBlockwill receive one in the futureāwill achieve a high reach in theļ¬eld of
healthcare and blockchain.
Given thedisadvantagesof ablockchain, asdiscussedabove, it is debatablewhy
the business model should not be implementable with a cloud-based, encrypted
database; this would simplify the desired data analysis in particular, but would
possibly be less performant. It is also questionablewhat happens to patient data if
the private keys are lost. MedBlock itself provides a solution by enabling
patient-side authentication via ļ¬ngerprint. The combination of data analysisā
whether blockchain-based or notāand treatment methods seems particularly
interesting: evaluated data could possibly also contain informationonmore precise
(surgical) procedures that robots would be able to perform much better than
humans. Amajor advantage of a blockchain-based solution is that intermediaries
are no longer necessary, thereby strengthening the direct doctorāpatient relation-
ship. All in all, the company appears to be still at the beginning of its business
activities, which is not unusual given the novelty of the technologies and the
associated problems to be solved.
5 Conclusion
The topic of digital services has already been established in social and scientiļ¬c
discourse for several years, and the blockchain technology is increasingly gaining
profound interdisciplinary attention. The growth in interest in the blockchain
technology is shown for instance by the worldwide patent applications with
blockchain reference per year, which are rapidly increasing since 2013 and have
tripled from2017 to 2018 (IPlytics 2019). So far, however, a linking consideration
of these two technological currents has been largely overlooked. This chapter
counters this desideratum by highlighting relevant terms using the example of
online consultations, especially in the healthcare sector and the possibilities of
creatingandmaintainingdata security through theblockchain.Thisnewtechnology
makes it possible for theļ¬rst time inhistory to increase the security level througha
technically (or at leastorganisationally)decentralisedsolution, as securityno longer
needs to be centrally placed in an institution (Wildhaber 2016; Tapscott and Tap-
scott 2018). Transparent end-client communication regarding the functionality of
the system, the technical background, and the various user groups that have access
to thedata are essential in this context.Most importantly, the systemmustbe easily
accessible for a user, trivially usable (UX) and highly trustworthy.Ultimately, it is
particularly the users who are strengthened by the inclusion of a blockchain in
digital services: they are given more control over their personal data and the
Blockchain as an Approach for Secure Data⦠115
Digital Entrepreneurship
Impact on Business and Society
- Title
- Digital Entrepreneurship
- Subtitle
- Impact on Business and Society
- Authors
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Gƶcke
- Publisher
- Springer Verlag
- Location
- Cham
- Date
- 2021
- Language
- English
- License
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Size
- 16.0 x 24.0 cm
- Pages
- 340
- Keywords
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Category
- International