Anticipated Blockchain Disruption in Healthcare Applications

Anticipated Blockchain Disruption in Healthcare Applications

Proof Point

Majority of healthcare organizations in IBM survey think blockchain will disrupt medical device data integration and asset management

Anticipated Blockchain Disruption in Healthcare Applications

2017 (percentage of respondents)

Note: Data based on IBM Institute for Business Value’s blockchain study that surveyed 200 healthcare executives – both payers and providers – in 16 countries

Proof Point Findings

  • Blockchain – Distributed digital ledgers that record, authenticate and prevent duplication of transactions using algorithms and specific set of rules, without need for central authority
  • Disruptive Blockchain Applications – Majority of healthcare executives in IBM survey see blockchain disrupting medical device data integration (65%) and asset management (60%) initiatives
  • No Blockchain Disruption – Majority of healthcare organizations do not see blockchain as disruptive to records management, adverse event monitoring, regulatory compliance, and financial transactions management
  • Key Drivers – Include exponential growth in health data, rising demand for increased data security, increasing healthcare-related blockchain initiatives, proliferating cyber threats, growing need to make health data error-proof and accessible in real-time, and rising demand to make health records interoperable

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Healthcare/Health Sciences

Source

Date Last Updated

April 12, 2018

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