Article: 5 Ways DeFi Can Revolutionize the Healthcare Industry

Blockchain, Decentralized Internet, Innovation

5 Ways DeFi Can Revolutionize the Healthcare Industry 1015 Ways DeFi Can Revolutionize the Healthcare Industry

Against the backdrop of the COVID-19 pandemic, the recent growth of the decentralized finance (DeFi) market could change the game for the healthcare industry. Let’s explore several examples.

  1. Medical devices
  2. Increased variety of SMEs
  3. An enhanced healthcare community
  4. Insurance
  5. Drug discovery and research funding

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Article: Fintech, Blockchain game changers for SMEs

Blockchain

Fintech, Blockchain game changers for SMEsFintech, Blockchain game changers for SMEs

Dr. Noureddine Lasla, Research Fellow, ICT Division, CSE, HBKU presented a demo of how to develop a decentralized application on Blockchain design for deployment for SMEs.

He said, “The traditional web or mobile application relies on centralized server to manage the business, for example Gmail, twitter, Facebook are hosted on centralized or single server. This kind of architecture has some security drawbacks like privacy concerns, on the other hand Blockchain architecture is completely different – instead of having single server to host all the business application there is distributed set of servers that are connected and communicate with each other in secure manner using Blockchain protocol.

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