Abstract:
The healthcare industry stands on the precipice of a data-driven revolution, marked by the advent of
precision medicine and the continuous evolution of clinical trial methodologies. This transformation,
while promising, has unleashed an avalanche of healthcare data, necessitating innovative approaches to
data management, security, and transparency. Precision medicine, with its focus on personalized patient
care, has led to a proliferation of patient-specific data, encompassing genomics, clinical records, and realtime
sensor data. Simultaneously, clinical trials have evolved to accommodate increasingly diverse
datasets and decentralized trial designs. However, these advancements have brought forth multifaceted
challenges, including data silos, interoperability issues, data integrity concerns, and regulatory
compliance hurdles. It is poised to revolutionize healthcare data management by providing a robust,
secure, and transparent platform for storing, sharing, and auditing healthcare data. This framework
leverages blockchain essential characteristics, immutability, cryptographic security to address these
challenges comprehensively. This paper comprehensively explore the precision medicine and clinical
trials, elucidating the data management bottlenecks that necessitate a paradigm shift in healthcare IT
infrastructure. The key strengths of this paper in its ability to facilitate real-time data monitoring and
auditing, thereby ensuring data integrity and traceability. This paper offers a comprehensive exploration
of the Blockchain Framework for Precision Medicine and Clinical Trials as a transformative solution for
the data management challenges inherent in modern healthcare.
