How To Improve Medical Business With Blockchain Technology

Whether you are running Medicine delivery, Medical Equipment Sales, Medical Billing, Medical Transcription, Veterinary Clinic, or other Online Healthcare Businesses with traditional means of transitions. You cannot avoid security threats that can harm your business data. Therefore, it's a perfect time to improve your medical business with the power of a decentralized system or Decentralized Application (DApp). Now if the decentralized system is a new term for you, read this post, and you will understand;

• Decentralized system
• Healthcare business that needs to protect data with a decentralized system
• Difference between Tradition medical business apps & decentralized dApps
• Need of dApps in Medical Business
• Features of Decentralized Systems or dApps
• Functions of a Decentralized System
• Tech Stacks Used To Protect Data

If you want a quick answer or looking for an in-depth detail of your decentralized system, you can also schedule a call with our experts. We are a leading dApp development company with a solution for everything and everyone. From designing to development, we have 500+ seasoned blockchain developers who will cater to your needs. We have already developed various metaverse-related technology projects. Call us now and discuss your business tech threat.

What is a Decentralized System or Decentralized Application (dApp)?

Decentralized applications (dApps) are digital applications that function on blockchain technology or a peer-to-peer (P2P) network rather than operating from a single computer. The platform is designed by developers outside the preview of a single authority.

For instance, a developer can create Twitter like dAPp and put it on blockchain technology. The platform allows users to publish messages that cannot be deleted by anyone - including app creators.

Same lies in healthcare or medical business dApps, where important information such as research work, treatment papers, bills, or more can be viewed by anyone but cannot be deleted by anyone.

Healthcare Business That Needs To Protected Data With A Decentralized System

The list of apps in the medical business can also help in improving customer service and satisfaction in healthcare industry. Here we have curated some businesses to determine whether your business lies in it. If not, do inform us;

• Medical Production Management Control
• Decentralized IoT System in medical
• Medical Billing Software
• Medical Equipment Sales
• Medical Cleaning Business
• Medical Billing Services
• Telehealth Software Development
• Retail Pharmacy Business
• Medical Lab
• Veterinary Clinic
• Health Insurance Specialist
• Track Medical Waste Disposal
• Drug Testing Business
• Medical Massage Therapy
• Dental Clinic
• Pediatric Clinic
• In-Home Healthcare Service
• Personal Training
• Mental Health Counseling
• Health Care Providers Database
• Wellness Coach

It is imperative for these businesses to protect their data with the latest technology rather than using traditional means of safeguarding data.

Difference Between Traditional Medical Business App & Decentralized dApps

Why are dApps better over traditional apps? The most sought after question among entrepreneurs. So, here we come up with some reasons for your assistance.

Tradition Medical Business App	Medical Decentralized dApps
Traditional apps have to rely on a trusted third parties to secure financial transactions	Dapps eliminate the need for such a third party as a value store directly inside the app.
Mobile apps even with cyber security features can be hacked by hackers.	Decentralized apps with a public backend can carefully monitor and restrict any suspicious activity.
Centralized applications are hosted on the single servers, as servers can go down.	Decentralized applications are hosted on the blockchain where thousands of nodes maintain the network that results in downtown.
Centralized applications can easily change or update.	Decentralized apps are deployed on the blockchain as a smart contract, therefore impossible to make changes to the already deployed contract.
Traditional applications execute less control over stored data	dApps execute more control over the stored data.

Need of Medical dApps Development

Decentralization systems or dApps in the digital world have opened gateways to new opportunities in the healthcare industry. Here are some unique ways;

Sharing of Data

The platform allows quick and secure data sharing on any network. This means when a patient visits any hospital to undergo treatment, doctors can easily connect and access pieces of shared information. Most importantly, without the fret of a hacker attack.

Data Security

Decentralization and blockchain have their own privacy and security concerns. It provides a much safer option for storing and disseminating digital information. Besides, cyber criminals usually target hospitals as these are connected to central servers, which are more prone to be compromised.

Public Health

DAPPs can connect numerous health practitioners and health organizations to share information about an epidemic. It can help in treating the epidemic faster. Same lies with other businesses, where they can connect and get faster and better access to specific content such as medicines data, consult with personal trainers, etc.

Role in Administration

Decentralized systems enable easy-to-manage healthcare administration. Healthcare Insurance companies can easily manage data enabling daily processes, such as patient verification and health insurance claims, much easier.

Features of Decentralized Systems or dApps

dApps are packed with advanced features and functionalities to address industry difficulties and improve your workflows. Let’s find out some;

Better Traceability

Blockchain-backed systems enable better data management services. Business Owners can easily track medical details, the sale of drugs, patient history, and track other details in real-time.

Superior Security

Medical Business dApp businesses can platform collaborate and exchange resources for quicker and better end-user interaction. Blockchain security-packed platform ethereum, solana, polygon, and similar technologies.

Pocket Friendly

dApps platforms are less expensive compared to conventional platforms. It helps users to handle high-volume traffic at minimal costs.

High Security, Low Costs

High server cost was another major concern, where blockchain security deals with reduced-cost solutions. Users can enjoy almost the same security features at a lower price.

Enhanced Interoperability

You can transfer files with an unlimited number of people in the original format. People can fetch information with improved interoperability.

Extensive Data Assessment

dApps eliminates document manipulation that helps businesses to acquire and upload data easily at various stages.

Miners Contribution

The platform allows businesses to reward miners with tokens when they successfully contribute to the ecosystem.

How Medical dApp Protects Your Business Data?

Medical dApps are backed by Blokchcian security that helps businesses to function properly on the platform. Here we have highlighted the top blockchain security used in medical dApps.

Ethereum:

Decentralized public platform that establishes a peer-to-peer network to securely executes and verifies application code with smart contract functionality.

Polygon Matic:

A blockchain platform that enables blockchain networks to connect and scale. The platform enables a multi-chain blockchain ecosystem compatible with Ethereum.

Polkadot:

A next-gen blockchain protocol designed to provide interoperability between different blockchain networks.

Avalanche:

Avalanche is a competitor to Ethereum that prioritizes scalability and transaction processing speed.

NEAR:

NEAR Protocol is a public Proof-of-Stake (PoS) blockchain that aims to bring DeFi to the masses with low transfer fees and fast transactions.

Solana:

Solana's blockchain operates on both a proof-of-history (PoH) and proof-of-stake (PoS) consensus model. It enables transaction combination throughput to scale proportionally with network bandwidth.

Binance:

A powerful technology that allows users to take ownership of their data and selectively reveal information to third parties only when it's needed.

Tech Stacks To Build Secured Medical dApp

Technology Tools

• Ethereum Geth
• TestNet
• Zepplin
• Blockstack
• Truffle
• Remix

Back-End Programming Languages

• Solidity
• Golang
• Rust
• JavaScript
• Java
• Node.js

Front-End Development Stack

• Angular.JS
• BootStrap
• React
• jQuery
• Cloud Services
• Amazon Web Services (AWS)
• Google Cloud’s Blockchain Kit
• Microsoft Azure
• Digital Ocean

Experts Who Works To Build Medical dApp

• Solutions Specialist
• Technical Lead
• UX Lead
• Business Analyst
• BlockChain Consultant
• Blockchain Developers
• Blockchain Technical Lead
• Technical Architect
• Product Manager
• BlockChain Architect
• Quality Assurance
• Team Leads
• Scrum Master
• Quality Assurance
• Delivery Manager

dApp Improvement Process That We Follow

To enjoy real-time, scalable, and feasible decentralized applications, we have curated a dApp development process with the ability to protect your data.

Blockchain Ideation

To craft a brainstorming idea and possibilities that enable you to enjoy future-ready solutions, our experts work on blockchain ideation. We also define on-chain and off-chain business entities and technical components that function with your existing platform. In short, we prepare a product roadmap in this stage.

Concept Development

In this stage, we work on technology aspects; we develop a PoC (proof of concept development) by considering your business requirements.

Visual and Technical Design

Once we understand your business requirement and blockchain technology need, we create user interface designs for software components and also design the technical architecture of the product.

Development

We create different versions of the medical dApp platform with real-time features. These include source code, smart contracts, and other components.

Deployment

We will deploy the app on the cloud first and then on the app store. We also took data backup for the safety of the business.

Upgrades

Once the app is released and deployed on the app stores, we provide some microservices such as smart contract updates or updating platforms as per business needs.

Build Your Medical Business dApp With Suffescom Solutions Inc.

Migrate your medical business app from a traditional platform to blockchain technology with our experts. Why us? Here is your answer;

Blockchain Expertise

We have a team of 500+ seasoned blockchain developers that are well-versed in leading technologies like Ethereum, Solana, Polkadot, EOS, TRON, etc.

Custom Solutions

While developing a business platform, we design and build customized solutions. We aim for your solution to comply with your business needs and support you in scaling up.

End To End Services

If you are planning for a mobile or web app, we are one spot destination for all your services. With good handover technology, we work on bespoke features and functionalities for your platform.

Recognized Worldwide

We are a leading blockchain platform development company that functions in NYC, CA, USA, and India. We have the ability to deliver a cross-cultural project that supports your business.

Round the Clock Support

Our services are not bound by the clock. We provide round-the-clock services to our clients. Therefore, if you face any trouble or have fresh ideas to share, you can contact us anytime. We are always ready!!

Blockchain Consultancy

If you are a newbie to the blockchain industry or confused between various blockchain technologies, we provide blockchain consultancy services.

Delivered Similar Technology Projects

We have designed and delivered similar technology projects. Our projects include NFT marketplace, cryptocurrency, crypto wallet, and web3 gaming platform like play to earn, move to earn, etc.

• blockchain technology