The web is gradually moving from the centralized Web 2.0 to the decentralized Web 3.0. We are seeing a rise in Web3 use cases such as privacy and security, decentralized finance (DeFi), and decentralized autonomous organizations (DAOs). Healthcare is one such sector with multiple applications for Web 3.0.
Web 2.0 healthcare use cases included electronic health records, digital applications, telemedicine, and more. It proved beneficial, but we risked a great deal to access Web 2.0 technologies. One of the significant issues is that our personal and sensitive data is always at risk, mainly due to the lack of transparency on centralized servers. Hackers can easily access these servers to manipulate or steal sensitive data. Web3 technologies can address this problem and play a significant role in the future of healthcare technology.
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Web 3.0 is the next version of the internet. It is built using cutting-edge technologies such as AI (artificial intelligence), ML (machine learning), big data, and blockchain technology. It is still in its early stages, and the transition from Web2 to Web3 can take a few more years.
Web3 can transform data management in the healthcare sector. New healthcare solutions are being built every day in the Web3 ecosystem. It has multiple healthcare use cases, such as AI diagnostics and data security. Let us look at some decentralized healthcare solutions offered in Web 3.0.
Today, Web3 technologies are mainly being used for data management in the healthcare sector. There is a need for complete medical records for patients, as each has a unique medical history and treatment. This can lead to data overload and unorganized data management, as there are thousands of patients visiting healthcare institutions every day. More worryingly, our health records are stored on centralized servers to which we have no access or ownership.
Web3 uses blockchain technology to transform the way healthcare data is managed. Web3 applications store data in immutable ledgers, and any changes are visible to the concerned parties. Web3 empowers patients with complete control over their data.
Today, healthcare institutions are always at risk of being exposed to security vulnerabilities and online hacks. Centralized entities manage our data, and we place our trust in them to secure it. However, we have seen many instances in the past of data breaches on centralized servers. Today, data breaches or hacks occur daily and are a vital issue in the healthcare space. Blockchain is a decentralized and immutable ledger where healthcare data can be distributed across nodes. Criminals or hackers must attack every node to get access to the data, which is hard to do.
Hospitals generate huge amounts of data, and experts predict that healthcare data will grow at the fastest rate in the coming years. Web3 technologies such as AI, ML, and big data can transform how we interpret healthcare data. We have already seen many innovative Web3 applications in healthcare, such as virtual patient care, enhanced image interpretation, AI diagnostics, and predictions.
Web3 can transform the future of healthcare technology through innovative applications such as precise AI diagnostics and virtual simulations. It empowers patients by giving them complete control over their data. Today, Web2 gatekeepers such as corporations control our data, and have a history of misusing it, such as selling it to third parties for huge profits. Web3 can give patients the power to control their data and also improve healthcare data management systems. Web3 has the potential to bring more transparency, accessibility, and affordability to the healthcare sector.
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Originally posted 2023-09-07 17:10:31.
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