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Blockchain

The Blockchain: The First Steps Toward its Healthcare Transformation

What is the blockchain?

According to a recent Forbes article: the blockchain is one of the most misunderstood technologies of 2017 (1). While most healthcare professionals have heard the term “blockchain” and are aware of the innovations in financial technology, few understand the fundamental principles behind the technology in order to speculate the impacts it will have on the healthcare industry, at hospitals, and for patients. This inability is common across sectors and can be attributed to the absence of any standard definition of blockchain technology. However, it is important that industry leaders have a firm basis for understanding it in order to foresee its impacts on their business. What follows is a list of key points for understanding the blockchain and enabling speculation on its impacts in healthcare:

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Distributed Ledger Technology: Applications and implications

This article was originally published on the Surrey CoDE blog in January 2018, and is published here with permission.

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