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Electronic Health Information Exchange is a system that allows doctors, nurses, health care providers, pharmacists, and patients to access and share the patient’s medical information. This sharing mechanism undergoes greater efficiency and speed, high quality, cost of patient care, and safety.

The Blockchain-enabled decentralized application includes an intuitive user interface portal to facilitate sharing and viewing patients’ data to create a collaborative treatment plan. Participants’ identity verification and authentication are done using digital identities. 

Blockchain Technology is among the most revolutionary technologies, possessing the potential to disrupt almost every sector. The more we explore the possibilities of Blockchain, the more varied potential applications of Blockchain we get. To mention a few, healthcare, food, insurance, real estate and financial sectors are already benefitted from the Blockchain.

Digitally powered healthcare systems such as Patient portals, patient engagement platforms, telemedicine applications and EHRs are among the most common healthcare systems. Interconnection and interoperability of all these applications are what make the entire system connected. However, integrating one solution with another and leading a successful deployment of the system is quite challenging, especially when the EHR system is concerned.

Fintech apps refer to the web or mobile applications dealing with financial services. Fintech apps are prevalent these days, as most financial services are being carried out digitally to fulfill them efficiently and quickly. The finance industry has been using various technologies to fulfill their clients’ needs for a very long time. Fintech is one of the fastest-growing industries globally as it offers high-level security and convenience over traditional forms of financial services. 

IoT device management has become significant with the growing demand for IoT devices, data management approaches, and changing architectures to convert a massive amount of data into actionable insights. IoT technology promises to provide insights by combining various sources of device data. Data-driven knowledge offered by IoT is used to create new business models or improve existing business cases. However, it is essential to consider the foundation of any IoT solution, i.e., device management, to successfully deploy an enterprise’s IoT solution.

IoT applications allow retailers to increase their productivity, improve customer experience, reduce costs and increase sales. With such enormous benefits, IoT is gaining immense popularity among retailers worldwide. Global IoT’s market size in the retail sector is forecasted to rise from 14.5 billion USD in 2020 and reach 35.5 billion USD by 2025 at a CAGR of 19.6%. The retail industry can utilize IoT technology in many ways. It helps retailers to improve store operations, track energy utilization, manage in-store navigation, manage product shelves, prevent theft and monitor goods.

On-field workers tackle numerous workplace dangers from chemical exposure and equipment mishaps to fatal falls, heat strokes and fatigue. Along with conventional personal safety equipment, robust regulations and extensive training are vital. However, even these practices do not confirm absolute safety; no one knows when the external environment suddenly turns dangerous. Likewise, managers or supervisors are entirely unaware when remote field workers reach their physical threshold. The IoT technology is excellent at keeping an eye on things and collecting data using sensors to understand the working environment. Different connected sensors can monitor everything from location to equipment and workers’ well-being.

NFT marketplaces will continue to gain prominence in 2021 and NFTs are growing as a new asset class in the crypto space. NFT marketplace platform is a decentralized platform that allows users to create, buy, sell and store non-fungible tokens. NFT marketplaces are focused on selling specific assets. For example, the Valuables NFT marketplace allows users to buy and sell tweets.Niche marketplaces are gaining a lot of traction as they have a clearly defined target audience. Therefore, you should think about the type of platform you will launch before building an NFT marketplace.

Entrepreneurs, policymakers and investors are increasingly adopting Blockchain technology to transform the way businesses communicate with other companies, regulators and customers. As an increasing number of companies rush towards implementing Blockchain technology, its ecosystem becomes more diverse and dynamic. Blockchain is a powerful innovation that brings positive changes to various industries, including finance, supply chain, food, insurance and many more. Blockchain’s capabilities to provide a decentralized ecosystem, transparency and immutability are implemented to ensure cybersecurity.

As organizations started experimenting with Blockchain’s potential, the financial sector has also presented the need to build blockchain-based fintech applications. By covering almost all the financial services from online payments to cryptocurrency trading and storage, Blockchain is set to transform the traditional finance system. With the emergence of Defi (Decentralized Finance) , Blockchain has grown to be even stronger.

Today, the healthcare industry is monitored and driven by various standards and rules created and implemented around the world. HIPAA compliance is one such standard that deals with the healthcare data and ensures the data’s protection and security. 

Blockchain emerged as a revolutionary innovation, potentially disrupting almost every industry, from financial institutes to healthcare organizations and supply chain and logistics firms. Just two to three years back, blockchain startups were gaining a lot of public attention. After that, many enterprises started showing an interest in blockchain technology . But, most of the organizations soon abandoned the technology as it looked overhyped.

Modern technologies have had a considerable impact on the healthcare sector. Healthcare providers have found new ways to get in touch with their patients and provide services effectively. Patients have also found new methods to receive healthcare and maintain track of their health without undergoing extensive medical tests and procedures. Mobile technology has a significant role to play in this new-found convenience. Today, the majority of the world’s population owns smartphones. These smartphones have made it possible for people to access everything, including healthcare services, quickly. Mobile applications, like mHealth apps, have made healthcare more accessible.

Patient Engagement Platform refers to a digital platform that enables medical organizations to connect with their patients via a  patient portal online . The rising prevalence of coronavirus disease has driven the demand for remote patient treatment and monitoring with an accurate and timely exchange of patients’ health records. It is a rapid-growing segment in the healthcare industry.

IoT applications allow retailers to increase their productivity, improve customer experience, reduce costs and increase sales. With such enormous benefits, IoT is gaining immense popularity among retailers worldwide. Global IoT’s market size in the retail sector is forecasted to rise from 14.5 billion USD in 2020 and reach 35.5 billion USD by 2025 at a CAGR of 19.6%. The retail industry can utilize IoT technology in many ways. It helps retailers to improve store operations, track energy utilization, manage in-store navigation, manage product shelves, prevent theft and monitor goods.

IoT device management has become significant with the growing demand for IoT devices, data management approaches, and changing architectures to convert a massive amount of data into actionable insights. IoT technology promises to provide insights by combining various sources of device data. Data-driven knowledge offered by IoT is used to create new business models or improve existing business cases. However, it is essential to consider the foundation of any IoT solution, i.e., device management, to successfully deploy an enterprise’s IoT solution.

Stellar is a decentralized and open network for transferring and storing money. Jed McCaleb, the founder of Stellar, developed Stellar intending to provide people with a way to share their fiat currency to crypto effortlessly. Developers who build apps on the top of the Stellar network program using Stellar SDKs in their preferred programming languages. SDKs, in turn, interact with Horizon, Stellar-network API. Horizon provides a way to check accounts, subscribe to events and submit transactions.  Stellar ecosystem uses an API server named Horizon. It acts as an interface between Stellar Core and the applications on the Stellar network. It also provides HTTP API to data in the Stellar network. It takes data from the Stellar network and re-serves it in a form that is easy to consume.

The increasing reach of the Internet of Things (IoT) means there’s an increasing need for data protection and management. It also means there’s an increasing strain on the centralized cloud systems that have handled the task for the past few years. So, it’s time that we took a closer look at integrating blockchain and the Cloud of Things (CoT). Rather than rendering centralized cloud systems irrelevant, integrating blockchain and CoT will better enable edge computing to process data at networks’ edges. Besides offering speedy, scalable, and secure computing, that integration should lead to fewer of the security and performance issues that have plagued centralized systems.

With the constantly changing scenarios in the security landscape, blockchain remains a promising technology, which has created an immense buzz over the years. The smart contract is at the core of every blockchain, making blockchain technology applications in healthcare, IoT, supply chain, digital identity, business process management, and many sectors. Together, blockchain and smart contracts revolutionize efficient transaction storage, services and workflows that work even among distrusting participants and without a trusted authority. Although the progress toward improvising blockchain technology focusing on the smart contract has been more significant, there is a lack of reviewing the smart contracts’ security.

The emergence of Bitcoin introduced the idea of trustless digital scarcity. With the advent of blockchain technology, digital scarcity has become possible and is being used for linking the digital world with the real world. Non-fungible tokens (NFTs) are based on a similar concept. The value of an NFT depends on the quality, scarcity and mainly rarity. It is a type of cryptographic token that depicts a unique asset. Those assets can be either complete digital assets or tokenized versions of real-world assets. NFT uses Blockchain to link with a digital asset that no one can duplicate. Since they are not interchangeable, they may prove ownership and authenticity within the digital world. NFTs have become one of the critical building blocks of a new Blockchain-enabled digital economy. Numerous use cases of NFTs in different domains are being developed and tested, such as crypto art, gaming, finance, digital identity, insurance, certificates and licensing.

The distributed ledger technology possesses inherent characteristics that potentially eliminate money laundering. A public blockchain ledger can supervise, validate, and record each transaction’s complete history. The public ledger’s readers and crypto miners get immediate notification of transactions as they occur. If all the transaction phases, including destination wallet, departure wallet, currency type and amount, are anyhow left unverified, the transaction gets immediately blocked. Blockchain also enables money laundering risk analysis and reporting mechanisms. It allows overall system analysis rather than monitoring just entry and exit points.

Blockchain has emerged as a one-stop solution to improve the overall efficiency of cross-border payments. A cross-border payment solution developed with a blockchain platform like Stellar can ensure that financial services reach people with limited to nonexistent banking services. These include interconnections between domestic payment infrastructures, expansion of closed-loop proprietary systems across borders, and peer-to-peer payment systems based on blockchain. The article aims to discuss why we trust the stellar network as the foundation of radically modernized payment infrastructure. The article sheds light on answering some of the following interesting questions revolving around Stellar’s adoption in cross-border payments .

With a vast amount of private and sensitive information, the healthcare industry is most challenging to modernize. As the fastest growing industry, the rise in demand and supply of solutions has facilitated a high healthcare transition with innovative technologies. Cloud computing is one such technology that is tremendously growing in the healthcare sector. Moreover, the healthcare industry has witnessed a significant impact in fulfilling two meaningful goals, offering high-quality care and delivering cost-effective solutions. Cloud computing offers enhanced security . The on-demand computing feature of the cloud adds value, especially when healthcare institutes and care providers need to deploy, access and handle network information at the drop of a hat. With the rise in demand for data-based security, there needs to be a shift in the creation, usage, better storage, collaboration, and sharing of healthcare data techniques. It is where cloud computing leaves no stone unturned!

The Healthcare supply chain can be defined as the procurement and distribution of products and services to serve patients. Management of relationships with suppliers and customers to offer superior customer satisfaction cost-effectively is the purpose of a supply chain. Supply chain management is a fragmented process; it includes obtaining resources, managing supplies, and delivering goods and services to patients and healthcare providers. A supply chain usually begins with a manufacturer that produces the medical products and sends them to a distribution center. Healthcare organizations or hospitals can directly buy the products from the distributor or manufacturer. Further, the products are transferred to the organization and stocked into an inventory.

Stellar is a decentralized network connecting several nodes, which are computers that keep a shared distributed ledger. The nodes communicate with each other to validate and add transactions to the ledger. Stellar Core is an implementation of the Stellar Consensus Protocol. Nodes use it to stay in sync while working on validating transactions and applying them to the ledger. There are various ways to install Stellar Core . After installation, it can be configured to participate in the network at different levels: Watcher, Basic validator or Full validator. No matter how the Stellar Core is installed, it is necessary to connect to a peer-to-peer network, store the ledger’s state in the database and connect to the Stellar API, Horizon.

HIPAA stands for “Health Insurance Portability and Accountability Act”. It is a federal law that requires the creation of national standards to secure confidential patient health information from getting disclosed without the patient’s consent. The US Department of HHS (Health and Human Services) issued the HIPAA privacy rule to implement the HIPAA requirements to deal with PHI (Protected Health Information). HIPAA Compliant Software is an app or service for healthcare institutes that include essential security and privacy safeguards to meet HIPAA requirements. It can either help with particular elements of HIPAA compliance or offer a complete solution for each component of HIPAA compliance. The purpose of building HIPAA compliant software is to offer a framework to help compliance officers ensure all provisions of HIPAA security, breach notification rule, privacy and omnibus rules are satisfied.

Defi applications built on a Blockchain network provide all financial services in a decentralized, borderless manner that allows everyone to access and avail all financial services. Defi applications allow lending and borrowing funds, trade cryptocurrencies, speculate the price movements, earn interests and provides risk insurance. Transactions made through centralized intermediaries are now performed directly between participants, mediated by smart contracts.

A stellar wallet is an application component built to handle basic functionalities like account creation, key storage, queries and transaction signing to the Stellar database. Unlike real-world wallets, Stellar wallets do not hold digital cash, at least not directly. Stellar wallets are used to sign and submit the transactions and view the Stellar ledger’s past and current state. The ledger stores data, including offers to buy and sell, accounts and balances shared by all nodes that make up a network. Wallet stores caches or references to the Stellar database, but the actual data is stored on the blockchain. The key takeaway here is that the Stellar wallet, rather than holding or storing something, is an interface or interactive layer on top of Stellar. Therefore, Stellar wallet’s discussion revolves around accessing and surfacing data in the network rather than storing something on our end.

Right from cryptocurrencies, blockchain technology has created a hype and stepped far beyond rather than just powering bitcoin or ether transactions. The transparent secured nature of blockchain is the sole reason for its adoption into various industries for growth and development. Then, how banking sector will alone be an exception to this scenario? Blockchain can transform the banking process in a more secure, reliable, efficient, transparent and flexible way. Banking is the most popular domain of blockchain because of security concerns.