Big Data and Blockchain Technology in Healthcare

Flashcards covering key concepts related to Big Data and Blockchain Technology in Healthcare.

Big Data

A collection of data that is huge in volume and growing exponentially, complex enough that traditional data management tools struggle to process it effectively.

Characteristics of Big Data

Key features include Volume, Veracity, Velocity, Variety, and Value.

Volume

A characteristic of Big Data indicating a huge amount of data.

Veracity

The quality of data, addressing inconsistencies and uncertainty.

Velocity

The speed at which data is accumulated.

Variety

Different formats of data originating from various sources.

Value

The beneficial insights extracted from data.

Analytics

The discipline focused on extracting insights from data through analysis, collection, organization, and storage.

Data Analytics

The broad field of using data and tools to make business decisions.

Data Analysis

A subset of data analytics that involves examining, cleansing, transforming, and modeling data for conclusions.

Blockchain Technology

A distributed ledger technology shared across a network of computers to maintain secure transaction records.

Applications of Big Data in Healthcare

Uses include diagnostics, preventative medicine, precision medicine, medical research, reduction of adverse medication events, cost reduction, and population health.

Predictive Analytics

Analysis applied to healthcare that uses historical data to predict future outcomes.

Patient Data Management

Managing patient information in healthcare systems, often using technology like blockchain.