Leveraging blockchain technology to enhance health care security in the biotech sector proves to be a promising venture. If providers and IT professionals coordinate their approaches and follow the best practices for implementation and utilization, they will strengthen their defenses.
Approaches to Blockchain Utilization for Biotech Security
While the biotech sector has entered the digital age, its current approach still leaves much to be desired. Electronic health record (EHR) systems can’t securely transfer, store or manage data. A blockchain-based alternative, on the other hand, leverages smart contracts to set strict permissions and prevent unauthorized access.