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 […]
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 […]
Earlier last month, Zion Market Research estimated that the global blockchain Internet of Things (IoT) market will become a three billion dollar industry by 2025. Worth $32 million (USD) in 2018, the report puts the industry at a 91% growth rate. As an increasing number of businesses invest in IoT to connect and share data, […]
A streamlined, cost-effective healthcare system requires efficient sharing of information between legacy systems. However, systems storing critical healthcare data often operate in silos. Even worse, they can be easy to hack. A report from BIS Research observes, “Less than 10% of healthcare organizations regularly share medical information with providers outside of their organization. The lack […]
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, […]
From legislative reform and education to compliance and integration, strong female leaders are surfacing in blockchain, taking the reins in mapping out and establishing frameworks that are both easy to adopt and highly sustainable. Five of those leaders were recently featured in Forbes magazine. Caitlin Long, Co-founder, Wyoming Blockchain Coalition Long spent more than twenty […]
