PMLiVE May 11, 2020
Interest in the digital currency Bitcoin has propelled the concept of the ‘blockchain’ to the forefront of current discussions around cryptocurrencies. As the fundamental technology behind Bitcoin, the blockchain has traditionally been associated with the financial services sector. However, this incredibly flexible distributed ledger technology (DLT) has many more use cases than just financial transactions and it has now become a buzzword across all commercial sectors.
A recent report published by PreScouter, a Chicago-based research intelligence company, reviews three broad areas of blockchain deployment within the life sciences sector, including applications in drug development, supply chain management, clinical trials management and patient-centric usage. The report also reviews use cases of blockchain within this sector, from proof-of-concept to real-world, large-scale deployments...
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