In this article, we will explain how Selenium Coin will employ blockchain technology for the healthcare sector. Our solution is guaranteed to help participants, including patients, doctors, hospitals, to store and share data in a low-risk and optimized network.
Blockchain technology is driving change in a number of industries. These range from sectors like education to agriculture to supply chain. By offering users with a decentralized and immutable platform, blockchains are ushering transparency and enhancing productivity in the system.
The healthcare industry stands to gain from the implementation of this technology. Selenium Coin is launching an exclusive platform for this sector that is underpinned by blockchain. This will enable participants to store and share critical data instantly and transparently without having to compromise on security. By using smart contracts, Selenium Coin is able to automate processes and improve efficiency.
To be able to use the Selenium Coin platform, a user needs to register and create a profile first. Only after completing the KYC and getting verified, can a user begin executing transactions on the platform.
Once the account registration is complete, the user can start storing their medical records on the Selenium Coin blockchain. All data will be recorded in an immutable and encrypted manner while allowing users to exchange data securely. Since blockchains focus on decentralization, it is possible for users to access their data without any restrictions.
On the blockchain, by programming smart contracts, users will be able to set permissions for their data. This will make it easier to transfer data and also view who all have access to their information.
Meanwhile, the system will generate private and public keys that will be stored in the user’s wallet. Later, if they wish to exchange data with doctors, hospitals, insurers, and others, they can simply share the public key with the counterparty. Moreover, any changes made to the original data will be recorded with a timestamp. This move will help improve accountability and transparency on the network.
The Selenium Coin project is aimed towards the modern patient as well as medical tourists. Through our platform, users will be able to transfer data without restrictions and execute cross-border transactions. To learn more about the Selenium Coin, visit the official website.
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