The Next Frontier For Healthcare: Blockchain, AR and VR
Entrepreneur May 17, 2022
The medical industry has traditionally been slow to adopt new technologies, but blockchain, augmented reality and virtual reality technologies are changing that thought process.
The healthcare industry is primed for a revolution as the convergence of blockchain, cryptocurrency, virtual reality and artificial intelligence begin to take hold.
U.S. healthcare spending is estimated to reach $8.3 trillion by 2040, up from $4 trillion in 2020, due to the adoption of new and emerging health technologies. The medical industry has traditionally been slow to adopt new technologies, until proven safe. However, this is beginning to change with more companies starting to experiment with the technology in order to improve transparency and accountability within healthcare systems.