Medical Economics January 12, 2022
For healthcare, blockchain can be used for payment processing, but it can also improve interoperability, track claims processing, or develop and maintain provider directories.
Blockchain — the same technology powering Bitcoin and other cryptocurrencies — is finding revolutionary new applications in the healthcare sector. Recently, Aetna, Anthem, and the Cleveland Clinic partnered to announce a new blockchain-based healthcare initiative, marking the latest indication of the potential impact blockchain could have on the healthcare sector as a whole.
Blockchain is best known for its security, distributed nature, and immutability. The technology is most often associated with cryptocurrencies; it allows for a record of all transactions that cannot be altered or changed — necessary for any kind of currency that is not...
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