Health IT Analytics October 1, 2018
Many healthcare executives plan to implement blockchain, but many are still struggling to resolve trust and governance issues.
Blockchain is on the rise in healthcare, with nearly half of executives reporting that they plan to develop or adopt blockchain solutions within their organizations, according to a recent PwC Health Research Institute survey. However, implementation challenges persist, including a lack of trust, governance, and expertise.
While blockchain is widely viewed as inherently secure — and could ultimately increase trust among stakeholders — many remain skeptical. Of the 74 global healthcare companies surveyed, 47 percent cited lack of trust as a top concern of blockchain use.
Lack of expertise is also a major barrier. Sixty-one percent of executives said that a lack...