Globalization has completely altered the way in which the world operates. The barriers that once hindered our ability to communicate and interact with people across the world have diminished. Globalization has become ingrained in all fields: business, government, economic, social.
The effects of technological change on the global economic structure are creating immense transformations in the way companies and nations organize production, trade goods, invest capital, and develop new products and processes.
Thanks to the internet, information is now closer to us than ever. Now every sector has been using technology to the maximum in order to increase profitability and efficiency. Companies and businesses also use technology to create new and high-quality products, to seek markets, to develop marketing techniques, to reach more customers and to ensure customer satisfaction. Here are the key values: Businesses are now able to search road maps, identify which product will be produced for whom, from which brand, color, taste, service and so on.
The health sector is one of the fastest changing and developing sectors in the world. Innovations brought by technology to save human life and provide health care services are immediately offered to the service of mankind. In this sector where ARGE spending is worth billions of dollars, SSOT Health is engaged in health services. Especially in the field of Health, it has reached to 280.2 billion dollars in this market is attractive to the market. SSOT Health is shortly committed to providing engineering services to improve PatientCentric applications.
Briefly, if you look at the figures, the overall global health market grew by 12.5% annually and reached to $ 7.1 trillion. Now, with the advantage of the globalization, patients can instantly benefit from the latest technologies, and doctors can perform surgeries from a continental shelf with robots and artificial intelligence. Health centers, hospitals, the pharmaceutical industry, patients, doctors are interacting with every part of the world.
It is predicted that the global market size of health sector by this market will increase by 12.1 trillion dollars until 2021 and be among the first three sectors. The USA, which is one of the fastest growing markets in health sector, is about to reach to $ 6.1 trillion in size. This is where the global health sector and the supply chain of healthcare trade have actually become one of the most important pillars of economic development. In the light of all this, SSOT Health’s most important goal would be to unleash the power of patient-centered data to get better results across the health care value chain.
The SSOT Health approach is briefly a non-profit organization aims to rebuild health care system. The SSOT Health will create intelligent contracts and block-chain health information network (HIN) in order to reconstruct existing health systems and networks. The most important feature of this network system is its ability to function without problems, high-level digital security and consequently the ability to use patient data more meaningfully. In this process, it is of great importance that the integrity of the data is a single data source, a data system based on trust, and efficient processing of decentralized data.
As working principle; HIN, which is a healthcare information network with intelligent contract and block-chain support, will restructure the existing health systems and basic networks. Thus, with this new HIN-based system, patients will have the ability to have and control their own previous health data, and to be able to see their data continuously up-to-date. Moreover, thanks to this system, the cost will be reduced, errors in health care will be removed, and the patient will continue to have more reliable treatment process. By virtue of this medical record system, SSOT Health will enable the healthcare providers and their stakeholders to be restructured as well as to manage electronic health records and interact more effectively with healthcare providers.
As summarized in the picture above, when a medical staff adds data by using SSOT, the data will be stored in the EHR system within the block-chain network. Using the secure SSOT mobile application, patients will be able to see and access the same data stored in the block chain. The Encrypted Global Patient Identity (GPID) will also be a unique identifier for the worldwide person record.
This system will include the first Personal Health Record (PHR) application which will be developed by using SecuredEMR, a block-chain workflow named SecuredPharma, a drugstore in the supply chain, pharmacy, PBM and pharmaceuticals to help drug makers and block-chain technology in the world named SecuredPHR. Please refer to the technical report for detailed information.
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Web Site: https://www.ssothealth.org/
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