Although blockchain has not become mainstream, the technology is being used within various sectors, including healthcare.
From giving patients more access to their information and providing healthcare organizations with more security, blockchain has the potential to dominate healthcare.
Below are five ways the technology is already being used in healthcare, according to TechZone360.
To provide a clear and evident data exchange of patient information between physicians.
As a secure data storage to ensure patient privacy.
To help with hindering the high amounts of data breaches within the medical field.
To secure the tracking of records without fear of alterations or changes.
To provide consistency and efficiency with finances and payments.

Blockchain developer Augusta HiTech launched its first blockchain-powered EHR platform, which streamlines data sharing between patients and emergency medical services.

Four things to know:

One Med Chart

1. The platform, called One Med Chart, can be accessed via an app and allows individuals to record their health information, such as medical records or current medications, straight to their mobile devices.
2. Healthcare providers, physicians, and EMS personnel can access the patient's information through the app as well.
"Hospital staff can quickly log into the health record system for an individual at an emergency room to learn about their past medical history," Augusta HiTech Chief Strategy Officer Sean Caputo said in a news release.
3. One Med Chart's blockchain technology helps keep users' medical information protected through multi-factor authentication and encryption.
4. Physicians can send patients' EHRs through fax, e-mail, directly through the EHR system or upload information to One Med Chart.

"Our blockchain solution for One Med Chart is designed to give patients a more significant stake in managing their healthcare and to prevent unnecessary deaths from lack of information while providing a measurable impact on cost-effectiveness in hospital settings," Mr. Caputo said.

Blockchain has not established itself within the healthcare sector, but that does not mean it doesn't have a place within the industry. Here are five ways blockchain could transform healthcare, according to Coin Rivet:
1. Medical data: Because blockchain can be accessed by all users, many are skeptical if it follows HIPAA policies. However, through technology, physicians and hospitals would be less susceptible to cybersecurity attacks. Providers would be able to more easily and securely share patients' medical histories and update patient records.
2. Patient access: With different blockchains, patients can access and control the ownership of their medical records. The records are traceable on the blockchain, reducing the risk of deleted information, missing vaccinations, and false medication claims.
3. Smart contracts: Currently, smart contracts are the strongest case for introducing blockchain into healthcare. Blockchain reduces inefficiencies, allows for swift payments of medical services and automatically bills insurers.
4. Fraud: In recent years, healthcare has seen an influx in cybersecurity and fraud. Many times, this is due to a lack of communication between providers, hospitals and patients. Blockchain uses a transparent ledger to continuously track payments, prescriptions, and medical documentation.
5. Paperwork: By implementing blockchain technology, providers and hospitals can further reduce the number of paper-based documents required. This could largely effect insurance transactions. With blockchain, patients and providers can eliminate the hassle of providing additional copies and transcriptions of medical services to insurers.

To read the full report, click here.