Health care systems around the world are relying on blockchain technology to store data.
And now, a group of researchers has developed a novel way to keep track of the data, which they call a “blockchain of health.”
The project, called the “Blockchain of Health,” is the first blockchain-based data sharing tool that can be deployed across a wide range of healthcare and research applications, according to the paper published in the journal of the Society for the Scientific Study of Aging.
“The goal is to help improve patient care and reduce the need for costly, invasive interventions,” said one of the researchers, Jeroen van Heerden, a professor at the University of Southern Denmark and a member of the faculty at the Royal Danish Academy of Medicine.
“This is a huge challenge and an exciting development.”
The researchers’ blockchain tool, called “Blockcharts,” uses a new digital ledger called a “chain” that stores information on all the participants in a healthcare project.
The blockchain itself consists of two components: a distributed ledger called the blockchain, which is shared across a network of participating computers, and a “master ledger,” which is kept on a server somewhere in the world.
Each ledger has its own unique cryptographic hash that is generated by each computer, and the hash value is used to verify the transaction history.
The data stored on the master ledger is then linked to a database of data on the blockchain.
Data on the database is updated every time a blockchain transaction occurs, and all the data is stored in a public ledger called “blockchains.”
The goal of the project is to “make the data stored in the blockchain available to the broader healthcare community,” said the paper.
“The blockchain provides a simple and powerful way to store and access the data of all participating participants.”
The blockchain is used by health care providers to store patient data, including patient data generated from medical procedures, tests, diagnoses, prescriptions, and more.
The project, which was conducted by a team of researchers from the University at Buffalo, the University College London, and University of California-Davis, has received support from the Danish Research Council.
The researchers plan to publish their results in a peer-reviewed journal in the near future.
The research team also noted that the blockchain technology is “well suited to be used as a database for healthcare-related research.”
“As blockchain technology becomes more widely used, it will be increasingly useful for healthcare research and delivery,” the paper said.
“It is important to recognize that it is a technology that can benefit a wide variety of healthcare-relevant applications.”
For more information on blockchain, watch:What’s the biggest threat to blockchain?
The blockchain project is just one example of a number of blockchain projects that are being launched across different industries.
The U.S. Federal Reserve Bank is planning to use blockchain technology in the creation of digital money, for example.
And in the U.K., a company called blockchain.co is planning an experiment to test whether blockchain technology can make the U