BuzzFeed Interview With Dr. Nobles And Shelley Colquitt Of CoinHealth

Huffington Post Interview
January 6, 2018

BuzzFeed Interview With Dr. Nobles And Shelley Colquitt Of CoinHealth.

Blockchain Interview For Dr. Nobles And Shelley Colquitt Of< i>CoinHealth.

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Shelley Colquitt Co-Founder of CoinHealth and President OF Hope’s Seed

Q - Where do you see the future of blockchain in healthcare? A -Today patient's medical records are often scattered across multiple facilities and fractured (EHR) Electronic Health Records systems, and sometimes aren't accessible when they are needed most—a situation that plays out every day around the U.S., costing, time, money, and sadly, quality of patient care, and sometimes even lives. But this problem can be approached with blockchain technological solutions. Imagine that when a doctor sees a patient or writes a new prescription, the patient agrees to have a reference or added to a blockchain a permanent decentralized digital ledger like the one underlying Bitcoin. Instead of payments, this blockchain would record critical medical information in a virtually incorruptible cryptographic database, maintained by a network of computers, that while private and secure, can also be readily accessible--with a patient's permission, to anyone in the blockchain network.Every note a doctor logs on the blockchain would become part of a patient’s record, no matter which electronic system that caregiver we be using, could use it without worrying about unforeseen compatibility issues. These are just some of many ways CoinHealth can help make your life easier but may even save your life in the future.
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Q – Where do you see the future of blockchain in healthcare?

A -Today patient’s medical records are often scattered across multiple facilities and fractured (EHR) Electronic Health Records systems, and sometimes aren’t accessible when they are needed most—a situation that plays out every day around the U.S., costing, time, money, and sadly, quality of patient care, and sometimes even lives. But this problem can be approached with blockchain technological solutions.

 

Imagine that when a doctor sees a patient or writes a new prescription, the patient agrees to have a reference or added to a blockchain a permanent decentralized digital ledger like the one underlying Bitcoin. Instead of payments, this blockchain would record critical medical information in a virtually incorruptible cryptographic database, maintained by a network of computers, that while private and secure, can also be readily accessible–with a patient’s permission, to anyone in the blockchain network.

Every note a doctor logs on the blockchain would become part of a patient’s record, no matter which electronic system that caregiver isBuzzFeed using, could use it without worrying about unforeseen compatibility issues. These are just some of many ways CoinHealth can help make your life easier but may even save your life in the future.

Dr. Nobles Blockchain Healthcare and Government Advisor to CoinHealth

Q - Where do you see the future of blockchain in healthcare? A - Blockchain technology is giving us the ability to transform the way healthcare is performed. Healthcare, traditionally is the last sector to adopt new technology. Smart entrepreneurs are usually subject to many barriers and red tape. Decentralization of data in a secure manner via cryptography allows us to accomplish feats such as; achieving interoperability of health records, decrease in healthcare cost, and increase the affordability of healthcare.  In the future, we will see healthcare insurances adopting this technology to lower insurance premiums, primary care doctors having instant access to specialist exam results, researchers having access to patient data in real time to help create the cures of the future, and much more.  With the movement of blockchain technology and artificial intelligence, healthcare will be the destination of innovation for the next 15 to 20 years. I am excited to see how CoinHealth will play a major role in this space.  Q- What do you see as some of the barriers towards implementing blockchain technology in healthcare?  A - Blockchain technology is one of the hardest technologies to understand of our time.  The blockchain community will have to focus a lot of effort on education. For example, at Government Blockchain Association, we work with different branches of the federal government such as the General Service Administration with education of elected officials and the community at large about blockchain technology. Once we have the community educated, we will begin to have more success towards navigating the regulatory landscape.

Q – Where do you see the future of blockchain in healthcare?

 

A – Blockchain technology is giving us the ability to transform the way healthcare is performed. Healthcare traditionally is the last sector to adopt new technology. Smart entrepreneurs are usually subject to many barriers and red tape. Decentralization of data in a secure manner via cryptography allows us to accomplish feats such as; achieving interoperability of health records, decrease in healthcare cost, and increase the affordability of healthcare.

 

In the future, we will see healthcare insurances adopting this technology to lower insurance premiums, primary care doctors having instant access to specialist exam results, researchers having access to patient data in real time to help create the cures of the future, and much more.  With the movement of blockchain technology and artificial intelligence, healthcare will be the destination of innovation for the next 15 to 20 years. I am excited to see how CoinHealth will play a major role in this space.

 

Q- What do you see as some of the barriers towards implementing blockchain technology in healthcare?

 

A – Blockchain technology is one of the hardest technologies to understand of our time.  The blockchain community will have to focus a lot of effort on education. For example, at Government Blockchain Association, we work with different branches of the federal government such as the General Service Administration with an education of elected officials and the community at large about blockchain technology. Once we have the community educated, we will begin to have more success towards navigating the regulatory landscape.

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