Sounds Great! So, what’s the problem?
Well, even though this is of course a step in the right direction, things are still far from perfect.
- Interoperability between different Healthcare Organisations: The proposed blockchain solution will isolate the healthcare organizations from each other, not allowing them to interconnect when required. For example: To involve needful citizens in the state-sponsored schemes, Govt. Organisations need data that they can fetch from other healthcare providers which can be achieved with the help of Auxledger as it offers interoperability between different networks.
- Transaction cost independent of market dynamics: Auxledger is a Hybrid Blockchain Network which provides low transaction cost much of a private network, and data reliability of a public network. Moreover, Ethereum/Bitcoin-based transactions cost is dependent on market dynamics whereas the self-regulating economic model of Auxledger proposes simple gas philosophy i.e. “ “no limitations, but pay for what you consume” and doesn’t depend on the market dynamics.
- No need to compromise privacy: According to the proposed blockchain solution, for giving access to your ledger to the other nodes, you will have to strike down your wall of privacy. Whereas, Hawk Model of Auxledger used for privacy let the user decide about the parties to which it will disclose information.