How Blockchain Technology is Advancing the Healthcare Industry

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Blockchain technology has many uses in several different industries. One of the sectors where a lot stands to be gained by its implementation is Healthcare. Already, there are many significant Healthcare groups that are incorporating blockchain technology into their systems and processes. Therefore, according to an IBM study in 2017, 90% of Healthcare companies expects … Continue reading “How Blockchain Technology is Advancing the Healthcare Industry”

49% of Healthcare Execs Using Blockchain

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The use of the blockchain by experts in the healthcare arena is on the increase. In fact, nearly half of execs reported that they plan to use blockchain solutions within their companies. These findings emerged in the recent PwC Health Research Institute survey. However, there are still implementation challenges which include the lack of trust, expertise, … Continue reading “49% of Healthcare Execs Using Blockchain”

Blockchain Adoption: AT&T Launches Solutions

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It’s only a matter of time before most companies adopt blockchain technology.  In recent days, AT&T jumped on the bandwagon, offering solutions for the supply chain.  It simply wants to help clients track and manage information across multiple parties. The company’s new suite of offerings can be used in manufacturing, retail and healthcare. “Blockchain improves … Continue reading “Blockchain Adoption: AT&T Launches Solutions”

Taiwan Launches Blockchain Platform to Improve Medical Records

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The Taipei Medical University just launched a blockchain platform to improve medical record-keeping in Taiwan. The “Healthcare Blockchain Platform” will help improve patient referral services, and integrate individual healthcare networks.  This would help people in Taiwan access their medical records in an easier way. Now to request records, patients can simply log in to a … Continue reading “Taiwan Launches Blockchain Platform to Improve Medical Records”

Blockchain: The Solution to Protecting the Healthcare Industry

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Data breaches are nightmares.  But blockchain may offer a solution. The financial aftermath can cost a company an average of $3.86 million, a 6% jump year over year. A 2018 Cost of Data Breach study found the average cost of a lost record is $148. That’s a 4.8% year over year increase. Globally, U.S. companies … Continue reading “Blockchain: The Solution to Protecting the Healthcare Industry”