There will be an emergence of a "blockchain ecosystem with healthcare-focused use cases" in the next five to 10 years, according to research from Frost & Sullivan.
An influx in blockchain will be seen in health data exchanges, smart assets management and insurance and payment solutions. It is rumored that blockchain will store the sensitive DNA and healthcare data.
Experts pit the decentralized ledger against cloud databases. Blockchain is designed to eliminate vulnerabilities present in cloud-based systems, as blockchain systems are encrypted, and ledger modifications can be traced.
More articles on health IT:
Imprivata, Verato to develop biometric patient matching platform
Apple may face delays in release of 5G iPhone, analyst says
FDA picks Dr. Amy Abernethy as new CIO