Review Article

Analyzing the Prospects of Blockchain in Healthcare Industry

Table 3

Blockchain in healthcare.

S. no.Name of company/organizationPurposeYear of launch

1.Medical chainThis is considered as the first healthcare company which made use of blockchain technology for storage and utilization of [13].2016
2.MedrecIts purpose is to save time, money, and duplication of procedures between various stakeholders of health system with the help of blockchain [14].2016
3.Nano visionIntegrating AI with blockchain to collect molecular level data on Nano tokens was the purpose of Nano vision [15].2018
4.GemIt aimed at giving authority to patients over their medical records and genomic data through blockchain technology [16].2016
5.Simply vital healthThe purpose is to empower the providers and patients to access, share, and move their healthcare data with the help of blockchain technology [17].2017
6.TierionData storage and verification of data is done through this blockchain based startup [18].2015
7.GuardtimeSecurity of patient healthcare data is achieved through this system based on blockchain technology [19].2008
8.CyphThe main aim is to ensure a protected communication and secure digital identities between different stakeholders of healthcare system [20].2017
9.Blockchain healthA blockchain-based system for medical research management [7].2016
10.Hashed healthTries to increase transparency and accessibility of the credentials in health sector. Using professional credentials exchange, the verification of credentials and track record of all health professionals can be done by any member of the chain [21].2016