To help blockchain achieve a positive reputation, IBM follows five principles.
1. Open is better
Blockchain networks need to foster diverse communities of open source contributions in order to be successful.
2. Permissioned doesn’t mean private
For enterprise blockchains to ensure regulatory and fiduciary compliance, the decentralized ledgers should have permissioned and trusted access.
3. Governance is a team sport
There shouldn’t be a central source or person that runs the network and validates transactions. Rather there should be three trust anchors that prevent a concentration of influence
4. Common standards are common sense
Common standards must be in place to foster interoperability and a robust ecosystem of innovation.
5. Privacy is paramount
Data on the blockchain should always belong to the developer in order to safeguard information. All application programming interfaces should require permissioned access.
More articles on health IT:
Amazon voice assistant for children allegedly records, stores conversations
DirectTrust reports 49% increase in HIE for Q1
UAB health system seeks participants for NIH precision medicine study
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
