Blockchain Challenges for Healthcare
HealthTech Magazines January 10, 2022
By Tara Matthews, CIO & CISO, Einstein Healthcare Network
Blockchain has been around since 1991, 17 years before it was first used in bitcoin. Since inception, it’s been touted as the solution for a myriad of business cases in a wide range of industries. The applications in healthcare were hyped as endless to the point it was almost mythical. Specifically, it could eliminate siloed medical data sets, facilitate faster medical claims processing, incentivize better clinical decision-making, provide patients with access to their own medical records, eliminate the middleman from provider legitimacy checks, standardize medical data, transparentize drug supply chain and my favorite – eliminate fraud. With all these possible applications, no wonder it appeared to be a panacea to the...