HealthIT Answers November 5, 2024
By Chris Bowen, Chief Information Security Officer & Founder, ClearDATA
In recent years, blockchain technology has emerged as the buzzword across multiple industries, promising to revolutionize processes with its decentralized and secure framework. In the healthcare sector, it has been hailed as the solution to longstanding challenges such as data management, patient privacy, and supply chain transparency.
But as the initial excitement wanes, we must confront the question: Is blockchain truly the panacea it’s touted to be, or are we overlooking critical limitations that imply it is not the solution we think it to be?
It’s time to distinguish the blockchain hype from the hard truths.
What Is Blockchain?
Blockchain, is a decentralized ledger technology designed to provide a secure...