Blockchain in Healthcare: Sectors That Could Be Improved

Blockchain is one of those buzz words you can hardly miss in the media these days. Yes, it was propelled to the public imagination with the rise of Bitcoin and other cryptocurrencies, but the technology can have many other uses cases beyond moving money from one side of the planet to the other.

In fact, it is now in minds of many tech giants and even governments which can clearly see blockchain’s power to transform how businesses operate by decentralizing business models, creating more efficient processes, and providing a more secure and reliable way to exchange data.

The healthcare industry is one of the sectors where blockchain can really prove its worth. For one thing, it can reduce the liability and accuracy concerns related to the exchange of medical data, while providing cryptographic security to protect patient identity “out of box.” Eventually, every patient will have its own “data wallet” to store and manage his/her medical records, and provide third parties with access to that data when needed…

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The article has been moved on DHbriefs.com.