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New IBM Study Shows Growth of Blockchain in Healthcare

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September 26, 2018

IBM’s Institute for Business Value (IBV), in partnership with the Economist Intelligence Unit, recently conducted a survey of 200 health plan and provider executives from 16 countries to gather insights into the impact of blockchains on the healthcare industry. They found that the healthcare industry is slightly ahead of the financial services industry in moving forward with operational blockchain applications. Per the report on the survey, “16 percent aren’t just experimenting; they expect to have a commercial blockchain solution at scale in 2017.”  These “Trailblazers” expect the greatest benefits to accrue in three areas: Clinical trial records, regulatory compliance, and medical/health records.

The study also describes the key benefits that health industry executives expect to achieve through the use of blockchain as well the obstacles to moving forward with applications.

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