Pharmaceutical Executive January 28, 2019
Pharmaceutical Executive talks to industry innovation luminary Rick Krohn, M.A., M.B.A., President of HealthSense, Inc., to assess the pharma applications of one of tech’s hottest solutions – blockchain.
Pharm Exec: For many people, blockchain is an obscure technology – can you explain it in simple terms?
Rick KrohnRick Krohn: Blockchains are peer-to-peer systems of 3 components: a globally distributed network of computers; a secure, shared transaction ledger; and digital transactions. A distributed network of computers stores an identical database — a ledger, and approved network members can add or review transactions to each ledgers’ block. The central feature of this capacity – the distributed ledger guarantees data integrity while creating a secure data sharing environment that is both scalable and...
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