Telemedicine and Digitalhealth

Blockchain – The New Trust Code for Digital Health Workflows

As the healthcare industry struggles to find the trade-off between the risk and reward of going digital, potential application of block chain technology provides a timely solution to mitigate some of its pressing needs. Despite the enormous potential of block chain in disrupting healthcare digital workflows, it may not be the panacea for all healthcare industry challenges. It therefore is critical for healthcare industry’s senior executives to first understand and decode the hype cycle of block chain technology, and its realistic healthcare applications. By doing so, we believe that among several hundred use cases, the block chain-based healthcare use cases mentioned below demonstrate more convincing opportunities, albeit at varying degrees of adoption across countries and health systems.