Lexology August 28, 2018
In the tech world, blockchain technology appears to be the panacea to all problems. As blockchain technology becomes increasingly popular, many industries are trying to determine the best way to use the new phenomenon. Healthcare is no different in this quest. Health care is an optimal candidate to benefit from development of innovative ways to solve its impending issues using transformational technology. Blockchain could be the technology that helps to alleviate some of health care’s problems, such as the incredibly fragmented delivery of care and the painstakingly slow reaction to technological advances.
What is Blockchain Technology?
An over-simplified explanation of blockchain is an online database that stores information on a network of computers. Information also known as “a record” is...