Becker's Healthcare October 3, 2016
Blockchain is being posited as the next frontier in healthcare that will help solve some of the industry’s interoperability challenges. So what exactly is this technology?
Here are nine things to know about blockchain and its potential use in healthcare.
- Blockchain technology is a permanent record of online transactions or exchanges. It emerged in 2009 as the foundation for trading the digital currency bitcoin.
- This record can be shared among a network of computers, and users on the network can add to the record of transactions. Instead of a database that is centrally located and maintains and manages records, the database is distributed to the networks. Transactions are kept secure via cryptography, and transactions have to be approved and...
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