The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology

Just as we access services that search public databases, we will search a new class of services that will check blockchains to confirm the veracity of information.

The theory is attractive: publish your medical record safely on the blockchain and be assured that you or an authorized person can access it anywhere in the world.

The Peer-to-Peer (P2P) Network is the collection of computers that are connected together as nodes, and into an ever expanding topology. It is a basic foundational element of a blockchain. Each node runs the same software, therefore delivering inherent redundancies to the whole network, which means that if one node goes down, or is not responding,

Cryptography science is used in multiple places to provide security for a blockchain network, and it rests on three basic concepts: hashing, keys, and digital signatures. A “hash” is a unique fingerprint that helps to verify that a certain piece of information has not been altered, without the need to actually see it. Keys are used in at least a co

Transparency asks the question: can we see it? Truth asks: can we verify it?

Carrying a secure wallet with our full electronic medical record in it, or our stored DNA, and allowing its access, in case of emergency.

Health Care When we look at the healthcare industry spectrum, it is tempting to presume that the blockchain’s capabilities are going to be a silver bullet that will fix the challenges with medical records and patient data privacy. Compiling a transportable, yet integrated medical record is an old and hard problem to solve.

eliminate illegal drug manufacturing.

If there is one main point that I will keep drilling upon, it is to emphasize that the blockchain is not one item, thing, trend, or feature. It is many pieces all at once, some of them working together, and others independently.