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This document is a final year project report that explores the impacts of blockchain technology in the medical industry, specifically from the Malaysian perspective. It covers various aspects including
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Blockchain technology is a decentralized digital ledger system that records transactions across many computers in a way that ensures the recorded transactions cannot be altered retroactively, providing transparency and security.
There is no specific requirement to file blockchain technology itself, but participants in blockchain networks, such as businesses using blockchain for transactions, may need to comply with regulatory and legal obligations depending on their jurisdiction.
To 'fill out' or use blockchain technology, users typically need to follow a process that involves setting up a digital wallet, creating or joining a blockchain network, and executing transactions according to the protocols defined by the specific blockchain.
The purpose of blockchain technology is to enable secure, transparent, and tamper-proof record-keeping and to facilitate trustless transactions without the need for intermediaries.
The information reported on a blockchain typically includes transaction details such as the parties involved, transaction amounts, timestamps, and cryptographic hashes, depending on the type of blockchain and its use case.
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