Blockchain in Healthcare: Blockchain Use Cases in Healthcare

Medical Device Network July 8, 2020

Blockchain technology has a place in any commercial network that is strongly motivated to avoid allowing a single central party to coordinate and approve transactions within the network. While the technicality of blockchain has a steep learning curve, there is tremendous potential in blockchain’s application across the healthcare space, well beyond the financial industry. While the perfect application of blockchain seems futuristic, some pilot projects are ongoing.

Listed below are the key trends within how blockchain technology is being used, as identified by GlobalData.

Managing patient data

Digital platforms based on blockchain technology are emerging to enable fast and seamless interaction among data providers, including patients themselves. With the progress in electronic health-related data gathering, cloud healthcare data storage and...

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