HIT Infrastructure October 23, 2018
Blockchain in healthcare has evolved and organizations are beginning to look to it as a cure for interoperability challenges.
Blockchain in healthcare is a potential game changer for the way providers exchange data. However, understanding the potential of blockchain and how to realistically implement it are not always clear.
According to a recent Deloitte report, blockchain provides a specific set of capabilities: transparency, trust, disintermediation, auditability, and smart contracts. Because of these capabilities, the healthcare industry has begun to see how blockchain can be used in healthcare-specific implementations.
“Blockchain has evolved from capturing cryptocurrency transactions (e.g., bitcoin) where entries are financial transactions, to a medium that can enable decentralized information sharing and application operations,” said the report. “In this new...