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Can Blockchain Transform the Clinical Data Management?

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Efficient clinical data management includes a system where all the information is simple to reach for the individuals who require it to access. It can be a huge group of individuals which involves:

  • Medical professionals seeking to prevent redundancies when making new trials
  • Doctors who are curing patients
  • Previous trial patients who are interested in results
  • Members of the public who wish to understand the safety of treatments and drugs based on trials

Nevertheless, trial data include delicate information, most of which is safeguarded by privacy laws, including HIPPA. Thus, a better data management system safeguards this. Apart from it, a data management system should safeguard from unscrupulous parties who might be seeking to steal identifying data or manipulating information.

The majority of medical databases end up having to compromise accessibility for security and compliance. However, these data management systems are designed with blockchains could solve that accessibility issue – and even support the security of the system.

Still, it is an application which only comes into the horizon. People are still a few years away from executing blockchains on a wide sale in clinical trial data management. For those clinical trial directors who have an eye toward the future, it’s a technology worth paying attention.

Blockchain for Database Management

With blockchain, every record is searchable and permanent but is transparent as well. Anyone can view that a block has specific information. Nonetheless, many blockchains need a pair of keys, a private and public key to access that information.

To ensure the blocks are safe, each node in a network has to calculate and approve on the hash. That is recognized verifying a transaction, and it can be utilized for anything from a financial transfer to a document edit.

When a block cannot be authenticated, every single hash is transformed collectively and automatically. All such mechanisms occur automatically, without needing human oversight, and therefore exposing the procedure to human error.

Can Blockchain Tech Comply with Existing Regulations?

Can clinical data organized by blockchain-based systems comply with HIPAA codes and other safety regulations? According to Philippe Ravaud and Medhi Benchoufi on their research, blockchain can enhance clinical research quality.

A huge reason for this is that the technology can offer particular people like patients to control over who gets access to the information kept in the blocks. That denotes patients can be empowered technically to safeguard their privacy or share their medical data at their discretion.

Moreover, the decentralized nature of the blockchain information storage denotes data are less vulnerable significantly to malicious errors and actors than existing compliant systems.

Blockchain technology can enhance data management in the following ways:

  • They can manage confidentiality agreements and authentication processes
  • They could enhance data analysis
  • They could boost clinical trial recruitment
  • They could enhance data-capture efficiency
  • They could make accessing data simpler

One blockchain technology that can help clinical data management is XinFin. XinFin is an organization on the journey to enhance the global deficit in the overall infrastructure through Blockchain technology. They platform have transformed the idea of the P2P transaction by employing community drive digital assets through an open source blockchain platform.

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Sydney Ifergan

Sydney has 20+ years commercial experience and has spent the last 10 years working in the online marketing arena and was the CMO for a large FX brokerage.

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