Deloitte has released its “Blockchain: Opportunities for Health Care“, describing the ways in which blockchain-enabled technology can benefit health care, following the Department of Health and Human Services’ blockchain ideation challenge. Deloitte has identifies opportunities as well as a framework to help health care leaders determine how blockchain could improve the nation’s health care.
RJ Krawiec, principal at Deloitte Consulting LLP and a health innovation leader in its federal government services practice, remarked: “Blockchain technology – a distributed digital ledger that records and stores transactions – has transformative potential. For example, the current state of health care records is disjointed and stove-piped due to a lack of common architectures and standards. But through the blockchain private key mechanism, patients could own their medical records and share information with health care organizations much more seamlessly and securely. Blockchain is not a panacea, but it could present a paradigm shift for the way the health care ecosystem treats medical records today.”