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    Decentralized Autonomous Organization The Book of DAO Business in the Next Generation Strategies of the Couch CEO The Healthcare and Insurance Industries Gone Blockchain 2022: Digital money, Crypto Blockchain Bitcoin Altcoins Ethereum litecoin, #1
    Decentralized Autonomous Organization The Book of DAO Business in the Next Generation Strategies of the Couch CEO The Healthcare and Insurance Industries Gone Blockchain 2022: Digital money, Crypto Blockchain Bitcoin Altcoins Ethereum litecoin, #1
    Decentralized Autonomous Organization The Book of DAO Business in the Next Generation Strategies of the Couch CEO The Healthcare and Insurance Industries Gone Blockchain 2022: Digital money, Crypto Blockchain Bitcoin Altcoins Ethereum litecoin, #1
    Ebook126 pages55 minutes

    Decentralized Autonomous Organization The Book of DAO Business in the Next Generation Strategies of the Couch CEO The Healthcare and Insurance Industries Gone Blockchain 2022: Digital money, Crypto Blockchain Bitcoin Altcoins Ethereum litecoin, #1

    By John Doty

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    About this ebook

    Many American retail companies that have experienced outbreaks of foodborne diseases and subsequent food recalls have implemented blockchain technology within their food supply chains. A food item's provenance can now be identified in a few seconds when it used to take at least seven days to trace a single product.

    Thus, blockchain solutions make the recall process more rapid, efficient and cost-effective. Customers have also witnessed the implementation of blockchain technology in hypermarkets. For instance, in Walmart's Chinese stores, customers can scan the QR code to obtain comprehensive product information, from the farm's location to the inspection certificates.

     

    In healthcare, blockchain-based solutions have emerged as a highly secure and transparent method of storing electronic health records (EHR). Both physicians and patients are authorized to access and utilize medical records. 

     

    Likewise, blockchain systems are enabled by smart contracts that enable the protection of EHR data privacy. In addition to encrypting healthcare device data and clinical research, insurance can also be executed and saved. Controlling the supply chain for prescription drugs and medical equipment is a second use case.

     

    LanguageEnglish
    PublisherJohn Doty DB13 publishing
    Release dateMay 16, 2022
    ISBN9781393497066
    Decentralized Autonomous Organization The Book of DAO Business in the Next Generation Strategies of the Couch CEO The Healthcare and Insurance Industries Gone Blockchain 2022: Digital money, Crypto Blockchain Bitcoin Altcoins Ethereum litecoin, #1
    Author

    John Doty

    life is too short not to express yourself , share ideas and thoughts. I remember a time when the world was a bit different. I like to think that deep down all of us remember. I dont like gruges or have any regret. I try not to dwell on the past about somthing that I have no control over, it is the past. The same goes for whats ahead, you cant make it happen and you sure wont change it when it does. I've learned many very valueble things from my experiences , on the top of that list is when you take the opportunity to grasp the moment , live for only now , things around you have new meaning.  life around you becomes extraordinary when you stay in the moment, life has no limits. No past No future , only now is forever. The before and after is the thought in wich makes time a factor . 

    Read more from John Doty

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      Book preview

      Decentralized Autonomous Organization The Book of DAO Business in the Next Generation Strategies of the Couch CEO The Healthcare and Insurance Industries Gone Blockchain 2022 - John Doty

      INTRODUCTION.

      Despite the widespread belief that blockchain technology is exclusively intended for cryptocurrency transactions and earning bitcoins, blockchain penetrates other spheres of life, including social media, gaming, healthcare and real estate. The technology aims to improve job efficiency as well as customer experience while reducing business costs.

      Blockchain can be described as a digitized database and it is a form of Digital Ledger Technology (DLT), which entails the absence of a central data repository and administrative capabilities. Why is it advantageous for a business? Transparency and decentralization allow each participant to examine all recorded data, maintain its security and track vital information.

      There are many sectors where blockchain has previously been implemented and has demonstrated its reliability. Supply chain management, for instance, is a crucial yet vulnerable aspect of many businesses' workflows. Parties involved in the process rarely engage directly and use paper-based information collection and storage techniques.

      Blockchain enables the elimination of all paperwork: document flow is automated and digital certification is utilized. Moreover, each authorized member of the supply chain may trace the product from the manufacturer to the consumer and prevent the dissemination of counterfeit goods.

      Many American retail companies that have experienced outbreaks of foodborne diseases and subsequent food recalls have implemented blockchain technology within their food supply chains. A food item's provenance can now be identified in a few seconds when it used to take at least seven days to trace a single product.

      Thus, blockchain solutions make the recall process more rapid, efficient and cost-effective. Customers have also witnessed the implementation of blockchain technology in hypermarkets. For instance, in Walmart's Chinese stores, customers can scan the QR code to obtain comprehensive product information, from the farm's location to the inspection certificates.

      In healthcare, blockchain-based solutions have emerged as a highly secure and transparent method of storing electronic health records (EHR). Both physicians and patients are authorized to access and utilize medical records.

      Likewise, blockchain systems are enabled by smart contracts that enable the protection of EHR data privacy. In addition to encrypting healthcare device data and clinical research, insurance can also be executed and saved. Controlling the supply chain for prescription drugs and medical equipment is a second use case.

      Increasingly, e-commerce demands blockchain technology. Again, a supply chain is an important component: monitoring items and controlling supplies are typically difficult chores but blockchain enables businesses to manage their inventory more efficiently.

      Consumers who entrust their money and data to e-commerce companies are concerned about data security and transparency but blockchain technology can solve this problem.

      Even minute changes to a transaction are readily apparent on a blockchain, so determining who caused an error is no longer a problem. Also, it is possible to make bitcoin payments. The deployment of blockchain contributes to eliminating intermediaries, hence reducing expenses.

      All transactions are encrypted and unchangeable and multi-step authentication procedures make it difficult for unauthorized users to access the system. Recent innovations include the availability of P2P lending services and digital banking.

      Blockchain can impact social media as well. Along with its global popularity and ability to link individuals worldwide, social media remains susceptible to account hacking, identity theft, and copyright violations.

      Blockchain was built around Security of Information, Decentralized financial transfer and offers digital identity verification, author rights protection and impartial licensing to address these challenges.

      Many industries, including real estate, eGovernment and gaming, have joined the tide of blockchain adoption. Delegate the technology implementation to the corporate blockchain businesses that will construct a future-proof enterprise DLT after choosing innovation. Using blockchain, your business will change the rules of your industry.

      CHAPTER one.

      FEELING PROTECTED WITH BLOCKCHAIN.

      Often, decentralized technology's future societal ramifications give new distinctive images of superior techniques that may be drastically distinct. Nonetheless, the dispersed recording of centrally managed operations may diminish both the potential and developmental promise of the technology.

      The entry of decentralized technology into existing sectors seeking to strengthen rather than improve service offerings should give us tremendous cause for concern in a comparable structural shift.

      The earliest life insurance claims are often retold in a well-known, f-based business school anecdote. Shortly after this type of policy became available, a policyholder did pass away while his high-payout protection was in effect. When the deceased's family attempted to file a claim, the insurer rewrote how their company calculated one year to [successfully] evade payment.

      It would likely be described as laudable industrial inventiveness or shameless profiteering, whether in a lecture on strategy or ethics. We will now discuss the adoption of blockchain technologies in the insurance industry with this story in mind.

      "CITY OF ORLANDO, FLORIDA - A presenter told attendees of the National Council for Compensation Insurance

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