A 2017 report estimated that around 90 percent of healthcare companies from 16 countries are expected to use blockchain technology to reinvent their business models. This prediction seems to hold true as healthcare firms are increasingly using the technology for the enhanced efficiency and security that it can offer. Blockchain allows for a secure distributed ledger that not only can aid in medical billing via cryptocurrency, but it can be used to validate clinicians’ credentials, control access to patients’ records, secure the medical supply chain, and verify clinical tests.
Blockchain is reinventing the business model of the healthcare system
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