hopefully this write up should end the two sides of the argument...

hopefully this write up should end the two sides of the argument regarding what is and what isnt blockchain technology- the space we are in and how it isnt in fact just correlated to crypto technology which have many posters here butting heads over- happy reading- the silence and lack of updates from the new board is indeed frustrating to say the least so hoping that today ( even after close) maybe we receive at least an update on where we are at with the cr/strategic alliance and plans moving forward-

Would be happy myself even of an update without any definitive dates mentioned on when we can expect to be trading again just enough info to keep gtg relevant still to the market that have it on their watchlists and to also keep us investors assured that our new board have our best intentions in order here keeping us informed

Blockchain technology has been at the center of media attention due largely to bitcoin, an upcoming digital currency that uses blockchain technology, increasing in value, netting investors unheard of returns. However, not many people actually understand what blockchain itself is.
Simply put, a blockchain is a distributed, immutable ledger or database that stores records, known as blocks. Blocks can store various kinds of information; in the case of bitcoin, blocks store information about financial transactions. These blocks, which collectively form a “blockchain,” are stored on various storage devices or nodes, which ensures that no single person or entity can manipulate the ledger or database without everyone else knowing.
Moreover, once a block is added to the blockchain, it is immutable, which results in improved data accuracy and maintenance. While blockchain has mostly seen uses in the financial space, it’s clear that such technology could potentially revolutionize other areas, such as healthcare and medical records.

How Blockchain Can Revolutionize Healthcare
While blockchain is being considered for many uses, its potential to revolutionize healthcare is evident. Having an open blockchain for medical data can prove useful as most healthcare data now is segregated amongst different providers, who often use different database systems. For example, in the city of Boston alone, there are 26 different systems used for electronic medical records. Each system has its own “language” and crucial information is often scattered and inaccessible, which is very dangerous in an industry where even a few extra seconds or minutes to obtain critical information could be the different between life or death for a patient. By having blockchain systems built for healthcare, important healthcare-related data can be more easily accessible amongst healthcare providers, which can lead to better and faster treatment.

Moreover, unlike a blockchain, healthcare data is usually not distributed or stored on various computers, which can not only result in one party being able to manipulate information but also a single point of failure that makes healthcare data systems easy targets for hackers and other malicious individuals. In fact, hospitals and healthcare systems have become a prime target for ransomware attacks for this reason. If information was distributed and stored amongst various parties, such attacks wouldn’t be as easy.

How Blockchain Can Impact Medical Records
Blockchain has shown its usefulness when recording events like transactions. This usefulness could be extended to medical records, which often suffer from inaccuracy and discrepancies. Healthcare professionals are responsible for ensuring that sensitive medical records are accurate, complete, and only available to authorized individuals. All of this can prove to be difficult when healthcare providers all have different systems for storing information. For example, prescription records are one aspect of medical records that could be positively impacted by blockchain. Just imagine if a patient’s prescription information was left vulnerable to manipulation by hackers. Simply put, the more quality and secure that health information is, the better the quality and care.

As it stands, patients currently have their medications prescribed and filled by various entities, such as hospitals and pharmacies. Each entity has their own database for patient medications and prescriptions, which can result in discrepancies in patient records.
By having a “prescription blockchain,” much of the problems that arise from varied systems and records could be avoided as the blockchain could serve as a shared and trustworthy source of patient prescription records. Healthcare providers could have an accurate, immediate view into a patient’s medications, both past and present, which would result in better, more personalized treatment.

Blockchain’s Potential Impact on the Nursing Industry
According to many industry professionals, the future of healthcare and nursing in particular will leverage informatics to help coordinate patient information and develop evidence-based practices. The amount of health care data that is collected through technology like electronic health records, wearable devices, patient portals, and more is increasing drastically. This data can be analyzed and subsequently leveraged to improve healthcare procedures and strategies.
However, this data must be properly managed to ensure that those outcomes can be met. With blockchain technology, nurses that are responsible for accessing, recording, and maintaining this type of data can be more confident that the data will be accurate and consistent, which can lead to improved patient care.
Conclusion

With blockchain-based technology like bitcoin taking up news headlines, awareness and excitement about other potential uses for blockchain is increasing. One of the best use cases for blockchain may end up being healthcare and medical records. By having a distributed database for healthcare-related information, healthcare providers can benefit from increased accessibility, accuracy, and safety, all of which will result in better healthcare outcomes for all.
http://dataconomy.com/2017/12/blockchain-can-revolutionize-healthcare-medical-records/

2nd article of relevance
This Is Why Blockchains Will Transform Healthcare

Bernard Marr , CONTRIBUTOR Opinions expressed by Forbes Contributors are their own.
The blockchain revolution has made its way to the healthcare industry, and it’s only the beginning of what’s possible. Healthcare Rallies for Blockchain, a study from IBM, found that 16% of surveyed healthcare executives had solid plans to implement a commercial blockchain solution this year, while 56% expected to by 2020. Healthcare companies, tech innovators and the rest of the healthcare industry are grappling with what’s possible now and what blockchain could solve in the future.
The overall vision for blockchain to disrupt healthcare in the future would be to solve many issues that plague the industry today to create a common database of health information that doctors and providers could access no matter what electronic medical system they used, higher security and privacy, less admin time for doctors so there’s more time to spend on patient care, and even better sharing of research results to facilitate new drug and treatment therapies for disease.


What is blockchain?
While blockchain principles were first applied in the financial world as the technology that allowed Bitcoin to operate, it has applications for many industries including healthcare. Blockchains are distributed systems that log transaction records on linked blocks and store them on an encrypted digital ledger. There is no one central administrator, but it has unprecedented security benefits because records are spread across a network of replicated databases that are always in sync. Users can only update the block they have access to, and those updates get replicated across the network. All entries are time and date stamped.

What are potential uses of blockchains in healthcare?
Although there are some incredibly exciting ways blockchains can enhance healthcare operations, it won’t be a cure-all for the industry today, but it would certainly be a step in the right direction. The healthcare industry is drowning in data—clinical trials, patient medical records, complex billing, medical research and more. Adoption and implementation of blockchains will be an evolution over time as blockchains applications are vetted and adopted as well as the industry coming together to determine collaboration and governance issues. As it always is with new technology, the full possibilities of what may transpire in the future is unknown at this time. However, as quoted in a Wiredarticle, “Now is probably the right time in our history to take a fresh approach to data sharing in health care,” says John Halamka, chief information officer at Boston-based Beth Israel Deaconess Medical Center.
Here are the most likely applications:
Medical Data Management

MedRec, one prototype using blockchains, is intended to improve electronical medical records and allow patients’ records to be accessed securely by any provider who needs it solving the waste of time, money and duplication in procedures, confusion and sometimes even life-threatening issue of records being distributed across many different facilities and providers. The goal with MedRec is to give patients and their providers one-stop access to their entire medical history across all providers they have ever seen. Additionally, if patients wish to grant access to their personal medical records to researchers, their data would be provided anonymously to be used in research which could make medical breakthroughs possible faster than they are now. This pioneer in the field shows the potential for how dramatically things could change in healthcare by deploying blockchains.
Drug Development and Supply Chain Integrity
Not only could blockchains facilitate new drug development by making patient results more widely accessible (if the patients give their permission), it could help reduce the counterfeit drug implications that currently cost pharmaceutical companies an estimated $200 billion in losses annually.

Claims and Billing Management

Medicare fraud caused more than $30 million in losses in the United States in 2016, and blockchain-based systems could help minimize it. In addition, it could reduce admin costs for billing by eliminating the need for intermediaries with automated activities and more efficient processing.

Medical Research
Centralizing the results of clinical trials and patient outcomes for new treatment protocols can improve care and patient outcomes. Currently, with all the diverse and disconnected systems in play, there is no way for a human to process all the data that is generated and recorded in disparate systems for future treatment possibilities. Blockchains could provide the access to make medical innovation quicker.
Data Security
Between 2015-2016, 140 million patient records were breached according to Protenus Breach Barometer report. With the growth of connected devices and the Internet of Medical Things (IoMT), existing health IT architecture is struggling to keep systems secure. Blockchain solutions have the potential to be the infrastructure that is needed to keep health data private and secure while reaping the benefits of connected medical devices.

Although blockchain technology is currently changing the healthcare industry, keep in mind this is a marathon, not a sprint. Healthcare organizations and entities are testing and vetting how blockchains can better support their operations while future applications will inevitably be discovered along the way. It will be an fascinating process to watch.
Bernard Marr is a best-selling author & keynote speaker on business, technology and big data.
https://www.forbes.com/sites/bernar...ins-will-transform-healthcare/2/#29a65a82229d