Healthcare providers have been slow to implement blockchain into their practice. Providers are hesitant due to: (1) unfamiliarity with this technology and how it works; (2) some don’t see its practical application to healthcare; (3) others are employing the wait and see approach to determine if it is financially rewarding; and (4) some are put off by the lack of regulation, which could expose their patient records to cybertheft.
What is Blockchain?
In 2009, blockchain stormed on the scene as the foundation for swapping digital currency. Blockchain is a permanent record of online transactions or exchanges that are logged publicly and in...
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