Summary

Blockchain, by virtue of its cryptocurrency beginnings, was designed to provide digital trust through the decentralized nature of the technology itself, giving it the potential to be a truly patient-centered system. Players including Humana, Optum, UnitedHealthcare, and Quest Diagnostics have started to explore blockchain near its roots in cryptocurrency, while others are pushing the technological envelope and using the intrinsic qualities of blockchain to meet the security and privacy demands of today’s world. Transforming healthcare into a more secure data management environment is no small task. Regardless of the industry or organization, data breaches have emerged as one of the most serious threats as cybercriminals erode our trust in institutions and people.