The Impact of Applying Blockchain Technology on the Health Industry Especially in the Field of Health Oriented Products

Introduction

Integration into the coding system for pharmaceuticals and medical equipment improves the conditions for systems communication and information exchange. Interoperability in health care has traditionally focused on data exchange between commercial entities. The transition from patient- centered to patient-centered performance in the healthcare industry is an exciting trend in healthcare, with blockchain technology having the potential to change the attitude, policy and ownership of clinical data exchange in the healthcare industry. Fundamentally change [1].

The World Economic Forum considers blockchain one of the most likely mega-trends to shape the world in the coming decade [2]. Blockchain can be applied to the supply chain to know who does what. In addition, the timing and location of these actions can be determined. Suppliers in the chain can also view transportation, delivery and work routines. In this way, blockchain builds trust between providers. Removing intermediary auditors can increase returns and reduce costs [3].

The Internet is connecting the world to thriving new business models based on Internet businesses, while blockchain will help solve the problem of trust using networked processing. Blockchain is poised to be a more exciting invention of the Internet [4].

In the business and business environment of health- centered goods, individuals, organizations, companies, organizations, trade unions, associations, pharmacies and eventually the Food and Drug Administration operate under the Ministry of Health and Medical Education. Certainly, existing challenges, including the existence of maladaptive data and systems, incomplete, inconsistent and incomplete information, complex and non-expansive processes, difficult and inflexible management, weaknesses, and many threats. On the other hand, the Food and Drug Administration seeks to provide the most reliable and up-to-date resources and information and use of information technology to provide maximum assurance about the safety and health of food, pharmaceuticals, cosmetics and health by improving the performance of its regulatory systems and using Improve and accelerate the performance of electronic systems and the integration of databases from manufacturing units, supply centers, pharmacies, and testing registries. It will also make it easier, more reliable and effective to monitor and control the performance of private companies, technical authorities, pharmacies, and service providers in general [5].

Smart contracts are computer programs that run automatically according to the conditions set by the programmer and help us to exchange our valuable assets in a transparent process [6]. Smart contract is a new tool and method that simplifies the transaction process involving financial transactions [7].

Today, countries need to lay down its pillars in their legal systems to implement smart contracts. The pillars of smart contracts are encrypted currencies, blockchain, digital signatures and artificial intelligence [8].

In today’s world, the economies with the power of technology have become more globalized. In fact, technology provides the outcomes that impact on competitive performance, some of which are: cost reduction, quality, timely delivery, and flexibility [9].

Conclusion

The idea of using standard coding based on blockchain for commodities and products reinforces the exchange of information and transaction-related systems and systems related to the health industry, resulting in the integration of integrated information into regulatory and decision- making layers. Making it possible will improve the speed and quality of planning, policy and decision making at the highest organizational, national and global levels.

Results obtained using blockchain technology to improve the current performance of the health-oriented tracking and monitoring process, identifying products, counterfeit and contraband prevention, recording and reviewing the history of sensitive goods, products and materials for quality review and monitoring. Tracking will be very effective during the warehousing, shipping and distribution in the supply chain and ultimately improving the quality of life and human health.

The results will provide a dramatic shift in quality, quantity and timing for medical research and drug development results, early detection, disease prevention and improvement of the treatment process.

Due to the blockchain technology approach to Internet and global communications, the results of the research have adopted and applied blockchain technology at different levels of the health business, with fundamental changes in the style of trading, the use of currency codes, smart contracts, and the elimination of intermediaries. Commerce, and in particular the ability to connect to world trade, will enhance export of health-oriented products and transcend existing restrictions and sanctions for our beloved country.

The results can save a great deal of time and money, dramatically reduce medical errors and increase the effectiveness of health services and healthcare, and improve the processes and communications required by the ESS.

In general, the results of this research can be applied to all manufacturing units, distribution centers, pharmacies, Food and Drug Administration, and all components of the health-care-based business enterprise in our beloved country of Iran and even internationally.