Blockchain in healthcare might not be sexy, but it’s moving forward according to one of the sector’s leading female CEOs.
Entering 2018, two things are clear – 1) healthcare is ripe for disruption and 2) there is a massive opportunity for blockchain technology to lead this transformation.
From medical records to the pharmaceutical supply chain to smart contracts for payment distribution, there are plenty of opportunities to leverage blockchain technology in healthcare. At the end of 2017, however, you’d be forgiven for thinking there hasn’t been much progress.
As an innovator working on this use case, though, I can say this is far from the case.
Looking at three examples below, it is easy to identify why these projects have been successful: “big hairy audacious goals” rooted in initial practical implementations.
While it may be difficult to hear, healthcare is a business. When making purchasing decisions, for-profit and not-for-profit healthcare companies need to use the same logic every firm does, by asking, “How will this product bring efficiency or savings?”
The three companies below brought their products to market by focusing on an immediate, existing need in healthcare that had an existing business model opportunity.