Using Modex BCDB to ease the impact of COVID-19 in the healthcare industry
Faced with pandemics such as COVID-19, it is critical for health organizations to have correct and accurate information in order to judge the best course of action. As we’ve seen over the past three months, fast, reliable scientific data, and the sharing and reporting of this data are key aspects to understanding and limiting global outbreaks. Here’s how Modex’s BCDB (Blockchain Database) can contribute to dealing more efficiently with the coronavirus outbreak and easing its effects.
In the on-going fight against this invisible and fierce enemy which has taken the world by storm, some trends can be observed. Firstly, there’s the need for accurate, real-time mapping of COVID-19 cases/outcomes, tracking patients in self-isolation/quarantine and following up on home-treated mild cases and people who have recovered from coronavirus. Secondly, we are witnessing a rise in telehealth services due to social distancing recommendations and urgent demand for medical equipment from hospitals (protective gear, COVID-19 tests, ventilators, etc).
There’s also a higher demand for certain drugs, as well as protective equipment for the entire population (face masks, gloves), especially in big cities. As more and more medical units have been converted into COVID-only facilities, the worldwide research focus on coronavirus and finding the antidote as soon as possible is picking up pace, highlighting the need for reliable and efficient data sharing. As you already know, Modex has also joined the fight against COVID-19. Last, but not least, we’re seeing a high number of crowdsourcing initiatives to tackle the pandemic.
In its study, Modex has chosen five problems that can be solved by the company’s innovative BCDB (Blockchain Database). More on this, below.
1. Hospitals and doctors’ offices came under huge pressure as the coronavirus spread around the world, and so did their electronic systems where they process and store patient data and crucial information about available supplies. Unfortunately, this unprecedented situation has made these systems more likely to crash and more of a prime target of large-scale cyber attacks. Current database systems employ a snapshot backup mechanism, but this comes with a series of shortcomings such as the need for high data storage capabilities as well as the dangers posed by centralized forms of organization.
Solution / Modex Blockchain Database can help hospitals mitigate the effects of cyberattacks and prevent system failure as it offers high data availability, real time backup, and a distributed data structure. By connecting the database to a blockchain backend, all the data is replicated across every node from the network to ensure immutability and integrity. Therefore, even if data disappears from a hospital’s database, it can be automatically restored to its original state.
2. Patients’ medical records are usually scattered around multiple medical facilities that use different types of data storage systems, which makes it very difficult for data to be shared among these institutions, therefore it is virtually impossible for a patient to obtain their full medical history or for a doctor to access this history. Incomplete clinical data can cause numerous issues, from delays in diagnoses to incorrect treatment prescriptions.
Solution / Modex BCDB offers solutions for both data storage and data sharing. Patients can have digital medical files and allow others to access their data when necessary, but they’ll always be aware of who can see the data and can establish new permissions and/or restrictions. This means that patients will have full ownership over their medical data, which will increase compliance with regulations like GDPR / HIPAA in medical systems.
3. The COVID-19 pandemic spread across the world extremely quickly and generated sudden huge demand for protective gear like masks, gloves or suits, as well as for certain drugs and ventilators. However, public institutions have been unable to adequately cover equipment shortages in hospitals, partly because it is very difficult to find enough of these products on an overwhelmed market, but also because when they become available, it is hard to keep track of the exact amounts every hospital needs, as these amounts are not always based on accurate, real time reporting, but on estimates that can quickly become obsolete as authorities won’t be able to predict which areas or hospitals will treat the most COVID-19 patients. As a result, resources cannot be distributed in an equitable manner and some areas can be left without any supplies while others get more than they actually need.
Solution / Many of the processes involved in healthcare supply chain management are slow and rely heavily on paper records – a process that leaves a large margin for error. And even when processes are digitalized, systems remain separate for every link in the supply chain, which means every participant has their own version of the truth. Each time a good moves along the chain, information needs to be reconciled, and sometimes it gets lost or corrupted along the way. Modex BCDB allows multiple users to upload data to a single, incorruptible digital log. Track of goods can be done in real time, so that governments can send resources to the places that need them the most as soon as possible. Moreover, the data could also be useful to direct donations from people and organisations to the places that are most in need.
4. A majority of scientists and researchers around the world have turned their focus to the coronavirus, as there is an urgent need for better treatment of the virus and for a vaccine that could prevent future outbreaks. Since research is being conducted in various parts of the world, teams need a secure and efficient way of sharing their data, updating each other about clinical findings, and submitting their work for peer review.
Solution / With Modex BCDB, the scientific world could create a decentralized data store that captures all scientific events. Every action performed by researchers, from analysis to uploading data, doing peer review, submitting a paper or getting a citation would be recorded onto the blockchain and become immutable, bringing much-needed transparency into the industry and making it easier to reproduce research and accelerate new discoveries.
5. Health insurance companies can be overwhelmed by the number of claims they receive during a global crisis like the coronavirus pandemic, therefore it may take them several days or weeks to process these claims, which can cause delays and unexpected costs for patients. Furthermore, as hospitals may need to redirect some of their patients to other units, patients might find themselves in places that are not included in the list of hospitals whose services are covered by their insurance.
Solution / With Modex BCDB, health insurance providers will be able to speed up usually time-consuming back-end processes such as data verification and other paperwork that normally moves back and forward between clinics and insurance companies, as they will all be able to access an immutable record of customer claims and medical procedures.
Blockchain company Modex is promoting the adoption of blockchain technology and strongly believes in a future built around blockchain. Modex offers fully integrated services designed to solve the last mile adoption problem of the blockchain and aims to make blockchain user-friendly for every single device or person. At Modex, we can innovate thanks to our incredible team of experts and we offer services for the entire blockchain technology ecosystem: Marketplace for Smart Contracts, community tools for developers and blockchain as database services for enterprises.