Healthcare IT News November 19, 2018
Benjamin Harris

Advice for hospitals: Making inroads on blockchain now, with smaller projects that don’t involve patient data, can help prepare them for larger opportunities ahead.

Blockchain is poised to go big in healthcare soon, according to a new study from CB Insights. The cryptographic digital ledger technology is highly secure and resilient, and while industries such as banking or retail are bullish on it, and already building on it in myriad ways, CBI finds that “still very early days for blockchain and healthcare applications.”

Making inroads on blockchain now with smaller projects that do not involve patient data can help prepare healthcare organizations for larger blockchain tasks while adding value in the short time by cutting costs and streamlining data.

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Topics: Blockchain, Health System / Hospital, Market Research, Provider, Technology, Trends
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