Healthcare IT Today January 10, 2023
Guest Author

The following is a guest article by Michael Kim, Senior Vice President/CIO at MultiPlan.

In recent years, blockchain has been one of the most-hyped technologies: A public ledger that lives on a network of computers, each validating any changes in real-time. Unlike traditional distributed databases with centralized management, blockchain offers a shared database, providing security, transparency, traceability, and speed. While the shared ledger idea can be traced back to the 80s, blockchain technology emerged in 2008 as the foundation for decentralized currency, namely Bitcoin.

While it is true the cryptocurrency markets have crashed, that does not mean it is wise to dismiss the underlying technology. There are companies actively using blockchain to improve data-sharing and storage, and it has...

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