Chamber of Digital Commerce Report on Blockchain in Healthcare

The federal agency of the US Department of Health and Human Services has sponsored a blockchain research contest. The ‘Blockchain Challenge’ received over 70 white papers from industry and academics and the Chamber of Digital Commerce has provided an executive overview with its report: ‘Blockchain Healthcare & Policy Synopsis’.

The main highlights of the report were noted. Maintaining the security and privacy of patients’ records with blockchain technology was found to be a positive although it was pointed out that the type of blockchain technology that should be used is up for debate. There was found to be a focus on using blockchain technology to integrate alternative methods, such as IoT devices, to help patients gain better care and control over their private medical information. One challenge was noted was the need for interoperability among the separate blockchain systems, requiring common standards, which are being developed. Also noted was the importance of partnerships between the private and public sectors in order to successfully integrate blockchain technology into the healthcare sector.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

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