Malta’s Deputy Prime Minister and Minister for Health, Chris Fearne, explains the potential of blockchain technology to transform health systems across the Commonwealth, and illustrates how it has measurably improved health outcomes and patient safety in Malta.
“Although no single technology can transform a health system overnight, blockchain can powerfully disrupt and improve healthcare in a myriad of ways.”
Imagine a network of interoperable healthcare systems in a utopia of minimal waiting times, affordable medicines and clinical research; where the best possible patient safety and quality of care is offered.
Blockchain technology makes all this achievable once healthcare providers appreciate its value and potential beyond cryptocurrencies; once they fully recognise how this innovative, disruptive technology, and the ethos behind it, can transform and significantly improve the delivery of healthcare through a revolutionary approach to the storage and sharing of electronic personal patient data.
Malta, aka the ‘Blockchain Island’, has indeed understood the enormous potential of Distributed Ledger Technology across sectors and applications, and has been a trailblazer in this regard. The country is a global leader in legislating for its regulation, a model which can be proudly shared across the Commonwealth…
Hon Chris Fearne
Deputy Prime Minister and Minister for Health, Malta