Nant Holdings IP, LLC (20240321416). HEALTHCARE TRANSACTION VALIDATION VIA BLOCKCHAIN, SYSTEMS AND METHODS simplified abstract
Contents
HEALTHCARE TRANSACTION VALIDATION VIA BLOCKCHAIN, SYSTEMS AND METHODS
Organization Name
Inventor(s)
Nicholas J. Witchey of Laguna Hills CA (US)
HEALTHCARE TRANSACTION VALIDATION VIA BLOCKCHAIN, SYSTEMS AND METHODS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240321416 titled 'HEALTHCARE TRANSACTION VALIDATION VIA BLOCKCHAIN, SYSTEMS AND METHODS
The abstract of the patent application describes a healthcare transaction validation system where healthcare transactions are compiled into a chain of blocks, forming a chronicle of a person's healthcare path. Validation devices establish the validity of transactions and generate new blocks using a proof-of-work principle.
- Healthcare transactions are compiled into a chain of blocks.
- Validation devices establish the validity of transactions.
- New blocks are generated using a proof-of-work principle.
- The chain of blocks forms a chronicle of a person's healthcare path.
- The system ensures the integrity and security of healthcare transactions.
Potential Applications: - Electronic Health Records (EHR) management - Healthcare data interoperability - Medical billing and claims processing
Problems Solved: - Ensures the integrity and security of healthcare transactions - Facilitates efficient validation of healthcare data - Enhances transparency and traceability in healthcare processes
Benefits: - Improved accuracy and reliability of healthcare data - Enhanced security and privacy of healthcare information - Streamlined healthcare transactions and processes
Commercial Applications: Title: "Revolutionizing Healthcare Transaction Validation Systems" This technology can be applied in healthcare organizations, insurance companies, and government agencies to streamline healthcare transactions, improve data accuracy, and enhance security measures.
Questions about the technology: 1. How does this system ensure the security and privacy of healthcare data? 2. What are the potential challenges in implementing this technology in existing healthcare systems?
Frequently Updated Research: Stay updated on the latest advancements in blockchain technology and healthcare data management to enhance the efficiency and effectiveness of healthcare transaction validation systems.
Original Abstract Submitted
healthcare transaction validation systems and methods are presented. healthcare transactions associated with a stakeholder are compiled into a chain of healthcare transaction blocks. the chain can be considered a chronicle of person's healthcare path through life. when a transaction is conducted, the corresponding healthcare parameters (e.g., inputs, outputs, clinical evidence, outcomes, etc.) are sent to one or more validation devices. the devices establish a validity of the transaction and generate a new block via a proof-of-work principle. once the new block has been calculated it can be appended to the stakeholder's health care blockchain.
