5 Applications of Web 3.0 in HealthCare

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by Sahan Wickramasinghe  |   September 7th, 2022

Mediverse – how web 3.0 can revolutionize healthcare

Web 3.0 in Healthcare

Healthcare is undoubtedly a sensitive and vital field that has already experienced technological advancement during the web 0.1 and web 0.2 eras. So, the dawn of web 0.3 mainly concerns finding unconventional, innovative ways and methods to increase the health consciousness in the patients through patient engagement strategies. So, the main focus is on making healthcare more accessible, fast, and affordable allowing the patients to access an improved healthcare facility. This article will check the pulse of the unique five lifelines of healthcare under web 3.0.

Patient-centric approach

During the web 2.0 generation, successful healthcare endeavors led the operation side of application delivery, connecting patients with doctors based on their preferred data, syncing doctors with doctors, and relaying information between hospitals under centralized authorities. On the other hand, edge computing, personalizing information, and maintaining records of your data have increasingly become the core of web 3.0. In other words, it is known as decentralization. This decentralized model ensures the ownership of their data, putting the community first, and making the next healthcare platform owned by patients. As a result, Web 3.0 is a giant step forward in community-building. This approach makes the patient more responsible for their health.

Virtual wellness / Virtual health is new wealth /Digital health / mHealth

In the internet’s latest generation, your healthcare professionals are just one tap away. The smartphone-based virtual health communities are now growing with cutting-edge applications like iTriage, Microsoft’s health vault, PingMD, Rev up, Vida health coach, interactive mobile health games, virtual support groups, and so on. They provide one-stop solutions for health, fitness, real-time counseling, and telemedicine services. Not only that, but the biomedical field is also expanding in wikis, the world’s leading biomedical databases, such as UniProt, PubMed, and the national library of medicine. These trends promote efficiency and hassle-free services and help reduce the costs of medical treatment. More efficient data means more efficient care. As a result, implementing digital solutions beyond the four walls of a typical hospital or clinic is indeed a smart move.

Blockchain

This is a set of secure information blocks chained together in sequence. With the help of blockchain technology in the advent of web 3.0, the storage provides users with a safe way to use their medical data online. Blockchain-based tokens allow a like-minded community to take an equal part in a digital platform’s ownership, access, and control. One appealing feature of blockchain is that it is too hard to alter or replace data and any alterations to the data are immediately detectable. Such strong protection provides a more secure and confident option that both patients and healthcare companies benefit from. As a result, this ensures medical record fraud more difficult.

Virtual currency

In web 2.0, we use payment facilities only from available bank accounts, and government-issued currency such as $USD is commonly practiced. The encrypted digital money, such as Bitcoin, Ethereum, native payments, blockchain, and Tokens like ETH and SOL, with the rapid expansion of top-notch payment infrastructure in the web 3.0 wave, will ensure hassle-free transactions for users directly within the browser without the mediation of a trusted third party. This initiative will give the green light to patients for easy transactions.

What’s next?

New findings are shaping the future of healthcare in web 3.0. The attention is given further to enhancing the security and quality of healthcare services using AI to understand the importance of higher-quality datasets.

Using recorded, accurate clinical decisions and higher-quality datasets will benefit research on new drugs, long-term scientific studies, medical tech, life-saving care, and many more innovations.