Blockchain technology is poised to rapidly transform healthcare worldwide. Over the next seven years, the technology is estimated to undergo a 70% compound annual growth rate in healthcare due to growing data breaches in the industry, found a recent TechSci Research report. North America should see the highest demand, according to Karan Chechi, Research Director […]
Blockchain is starting to take off. As the technology rapidly matures, many governments and businesses are eager to get on board. The recent release of Hyperledger Fabric 2.0, an update of the modular blockchain framework under the IBM Blockchain Platform, marks a significant development in distributed ledger technology. This new version of the protocol features […]
As companies continue to grow, Blockchain-as-a-Service (BaaS) can help supply chain systems grow alongside the companies in order to better keep up with incoming demands. If an organization’s supply chain team need to spend all their time just keeping pace with demand, when will they have the time to think strategically and plan for the […]
Blockchain continues to grow beyond digital currencies, disrupting other industries with its secure distributed ledger technology. Recent developments have been made in the fields of supply chain, healthcare, the Internet of Things (IoT), and more. Supply Chain The complex world of the global supply chain market presents a formidable challenge to manufacturers. Blockchain technology can […]
Three important qualities of blockchain—decentralization, immutability, and security—could have many interesting use cases in the healthcare industry. One area that could greatly benefit from blockchain technology is telemedicine, the relatively new field of providing remote delivery of healthcare services over telecommunications. While digitizing healthcare as a whole still has a long way to go, authenticating […]
As blockchain technology continues to evolve, it has increasing opportunities to help advance autonomous vehicles, healthcare, supply chain, and the Internet of Things (IoT) with its secure network. Meanwhile, IoT adoption continues to grow as more individuals and organizations start using interconnected devices for easier data sharing. Although blockchain technology improves IoT devices by protecting […]
According to Gartner, a leading research and advisory company, blockchain has the potential to become a viable solution for major supply chain issues as the complexity of the supply chain sector continues to grow. These issues include counterfeit products, visibility/traceability, and efficiency play. Several companies worldwide are already testing blockchain pilot programs for supply chain […]
The current technologies used in the healthcare industry face limitations in areas security, privacy, and full ecosystem interoperability. Although several challenges must be addressed before any large scale adoption can be attempted, a healthcare blockchain could transform the industry through the secure nature of distributed ledger technology. A blockchain-powered health information exchange has the potential […]
At TNW2019 in Amsterdam, the in-house blockchain team at consulting giant Deloitte walked participants in the “Beyond tech: blockchain strategy for complex environments” workshop through the process of coming up with viable distributed ledger use cases. The team noted that although blockchain has its challenges, the up-and-coming technology is clearly well suited for financial applications, […]
With all the music apps available today, you’d think that musicians are raking in money, hand over fist. But with many parties clamoring for their share, from music labels to producers, managers, and more, and unreliable metadata (which contains info like who the rights holders are) accompanying each track, an artist may not get paid […]
