Four reasons why health care needs blockchain

Blockchain is overhauling industries with its secure data access technology. Now it’s set to solve one of healthcare’s biggest problems.

Blockchain has the potential to transform the way in which the healthcare sector operates — with implications for health records, medical credentials, pharmaceuticals and more.

Many in the healthcare IT space are exploring blockchain’s potential: MIT recently trialled an e-health record system using blockchain, and IBM and the US’s FDA now have a research agreement on blockchain for health care.

“Blockchain isn’t just limited to people in IT departments, blockchain’s features mean that whole new ways of providing more efficient treatment will be opened up,” said Alexandra Sims, Associate Professor from the University of Auckland in New Zealand.

A/Prof Sims will be presenting at the inaugural Blockchain in Healthcare Summit this October. The summit will bring together innovators and technology leaders from the healthcare and aged-care industries to discuss how blockchain can be leveraged to create competitive advantage, increase security and change the way healthcare services are provided.

To learn more about the benefits of blockchain, read the ‘Four Reasons Healthcare Needs Blockchain’ white paper, here.

Image credit: ©stock.adobe.com/au/Denys Rudyi