Forbes April 2, 2018
Randy Bean and Grant Stephen

Soon after its development as the underlying architecture for Bitcoin, the concept of the blockchain was recognized as having broader value beyond enabling a decentralized alternative form of currency. For example, some organizations are beginning to use blockchain to apply advanced analytics from distributed sources without compromising the privacy of individuals.

We are now seeing a rapid expansion of blockchain-based technology offerings, many of them in the Healthcare and Pharma/Biotech spaces. A November 2017 article in Forbes, This Is Why Blockchains Will Transform Healthcare, considered some of the latest developments. Though still in the early days and, despite an enormous amount of interest, most of these value propositions remain little more than prototypes. However, the rate of evolution is surprisingly...

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