Blockchain Healthcare: What is Blockchain for Healthcare, is a Hashed Health Video Series – 001.
This Blockchain Healthcare video answers the question, “What is Blockchain?” Most simply, Blockchain is a transactional ledger, which records transactions that are shared by multiple parties.
Blockchain Healthcare reduces cost by eliminating manual processes (ex. reconciliation between multiple isolated ledgers, administrative processes, etc.), provides increased speed of transactions and settlements through immediate distribution, and increased security through use of cryptography.
Blockchain Healthcare reduces fraud by time-stamping entries and sharing a common, immutable ledger across the network, and reduces risk of single points of failure & attack through distributed network nodes.
Hashed Health is a Blockchain Healthcare Provider Data Management company.