Blockchain has the potential to democratize electronic health information.
Source: www.forbes.com
This article looks at blockchain’s positioning in the health care industry and how it will have a profound effect on health care as a whole. In 2017, IBM revealed that 16% of 200 health care executives surveyed the release of a commercial blockchain solution while 90% of health care companies anticipate launching a pilot blockchain project by 2018. As of now, blockchain has primarily been used for audit trails and payments for value-based care in the health care industry. Experts predict the potential of its usage will only grow, with ideas on the horizon of smartwatches and smartphones carrying clinical information.
