Blockchain Healthcare 2016 Report Indicates Pitfalls, Hype, Security Problems
Tokenized platforms such as Ethereum have an incentive to hype the technology to increase the value of the token, says a new report by Tieron, a company that claims to be the first to complete a Blockchain healthcare project in 2015 having been the first partner in Philips Blockchain Lab. This is a part of the hype overload cited among the pitfalls presented by the Blockchain technology which Tierion’s Blockchain Healthcare 2016 Reports – Promise & Pitfalls says are more than its promises at this early stage. It adds that the hype around Blockchain has led to misinformation and....
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Blockchain data verifier Tierion has released a new blockchain “healthcare” report seeking to offer a “balanced perspective” on the possibilities of the technology in the field. Tierion: ‘Separate Hype From Reality’. Tierion, which produced the report a year on from the start its blockchain healthcare project, seeks to highlight its findings as....
Blockchain technology has the potential to change the healthcare industry, but without needed adjustments, it wouldn’t be possible. Over the past decade, blockchain has surpassed the hype realm into a real transformative solution for industries. Several companies are investing billions of dollars on the network; it topped LinkedIn’s list of in-demand hard skills in 2020, and articles about its potential are now littered on every finance blog. Ask those who had experienced the early internet days, and they will certainly have a lot to tell you about the feeling of deja vu that has diffused....
Cryptocurrency enthusiasts will recall the story of several hospitals being infected with Bitcoin ransomware earlier this year. A new study on how hospitals treat patient privacy and confidentiality shows how malware attacks are not the biggest concern. Poor security practices can be found everywhere, putting patient information at risk unnecessarily. The report, titled Workarounds to Computer Access in Healthcare Organizations, paints a very worrisome picture. Technology makes the healthcare system more convenient for all parties involved, but human errors are causing a lot of problems.....
Hashed Health, a startup leading its namesake healthcare blockchain consortium aiming for real-world deployment of blockchain-based applications in the U.S. healthcare sector has raised $1.85 million in an initial funding round. Led by prominent healthcare sector investor Martin Ventures, the Nashville, Tennessee-based consortium announced the closure of an initial founding round earlier this week. In statements, Martin Ventures chairman and founder Charles Martin said: Blockchain and distributed ledger technologies hold tremendous promise in our attempts to place the consumer at the....
The storage of Electronic Health Records (EHR) in the United Arab Emirates could soon be revolutionized after the development and implementation of storing patient records on a blockchain. A partnership between UAE Telecom du, a telecom and broadband provider and NMC Healthcare, a major private healthcare provider in the region will be the first to introduce blockchain technology into the management of patient information within the UAE, according to a report by regional tech publication ITP. Some of the core characteristics of blockchain technology, including data integrity and....