Design, development and optimization of blockchain-based secure data management for nanotechnology in healthcare
1 Department of Software Engineering, Wipro Technologies, Tallinn Estonia.
2 Department of Mechanical Engineering, University of Abuja, Nigeria.
3 Department of Mathematics, Lamar University, Beaumont, TX, USA.
4 Department of Computing, College of Business and Technology, East Tennessee State University, TN, USA.
Research Article
Open Access Research Journal of Science and Technology, 2024, 12(01), 018–029.
Article DOI: 10.53022/oarjst.2024.12.1.0107
Publication history:
Received on 09 July 2024; revised on 24 August 2024; accepted on 27 August 2024
Abstract:
The integration of nanotechnology in healthcare has brought about revolutionary advancements, particularly in diagnostics and therapeutics. However, managing the vast and sensitive data generated by these applications poses significant challenges, particularly concerning security, privacy, and regulatory compliance. This study explores the design, development, and optimization of a blockchain-based secure data management system tailored for nanotechnology applications in the United States healthcare sector. The proposed system leverages blockchain's decentralized and immutable ledger technology to enhance data security and privacy, ensure regulatory compliance, and improve overall system performance. Our implementation showed substantial improvements in data security, with an 86.67% reduction in data breaches and an 85% decrease in unauthorized access cases. Additionally, compliance with major data privacy standards like HIPAA, GDPR, and CCPA increased by over 20%. Performance metrics demonstrated robust scalability, maintaining high transaction speeds and manageable latency across various load conditions. Cost analysis revealed significant reductions in data storage, security, and compliance costs, highlighting the economic benefits of adopting blockchain technology in healthcare. Moreover, the system exhibited lower energy consumption compared to traditional data management systems, addressing environmental concerns. Correlation and scatter plot analyses provided insights into the scalability and performance dynamics of the blockchain system. These findings underscore the transformative potential of blockchain technology in addressing the data management challenges of nanotechnology in healthcare. The study concludes with recommendations for adopting blockchain to enhance data security, regulatory compliance, and economic efficiency in the U.S. healthcare sector.
Keywords:
Blockchain; Nanotechnology; Data security; Healthcare; Regulatory compliance
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0