Here are four things to know:
1. Philips is seeking a secure solution for patient data outside of a centralized database.
2. Blockchain technology allows data storage in a transparent fashion while ensuring user privacy.
3. This technology addresses the incidents of leaked confidential patient information due to internal mistakes.
4. Blockchain is the ledger for Bitcoin transactions. Users interact through a network of computers, solving algorithms to receive more Bitcoins.
More articles on practice management:
Recognizing the strengths and constraints of telehealth — 5 points
Dr. Michael Gleiber launches Concierge Spine Surgery: 5 things to know
mHealth market to grow at CAGR of 40% over 5 years — 4 takeaways
