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Governance, policy required for blockchain success in healthcare

Shared by Radhika Narayanan | 0 41 0 | about 7 months ago

Blockchain technology holds promise for improving healthcare security, efficiency and trust, but must be implemented within appropriate policy and governance structures to be successful, healthcare attorneys with firm Crowell & Moring say.

In a report published by Bloomberg BNA, authors Jodi Daniel, former policy director in the Health and Human Services Office of the National Coordinator for Health IT, and Ashley Southerland note that the virtual currency Bitcoin is the best-known example of blockchain technology. Blockchain leaves a very visible trail of transactions, but does not require an intermediary for data exchange. A blockchain on a distributed set of computers–Bitcoin only uses one–increases the value many times over, they say.

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