2 Delphi 52 (2019)
How Blockchain-Based Solutions Impact the Healthcare Sector

handle is hein.journals/delphi2 and id is 58 raw text is: 


52   1 Startup Digest


How Blockchain-based Solutions Impact the

Healthcare Sector

       Anna Laesser*

       The Startup Digest section introduces startups and grassroots initiatives from around the
       world that push the boundaries of emerging technologies. Most conversations around emerg-
       ing technologies are stuck in silos and are quite hyped, making it hard to understand their
       actual impact on businesses, society and governance. The Startup Digests aim to demystify
       what is happening on the ground by establishing a discourse via case studies and interviews
       with startups and grassroots initiatives. Each edition will take a critical look on how these
       movements apply emerging technologies to achieve a specific purpose -facilitating a dis-
       course that makes the (new) thinking, the approach and potential impact become more tan-
       gible.

       This edition takes a closer look at how blockchain-based solutions affect the healthcare in-
       dustry. Three case studies have been selected to exemplify how blockchain can potentially
       transform healthcare supply chain, patient data management, and access to health care.
       Each case study will be critically analysed to identify the potentials, challenges and risks.


I. Introduction

The healthcare industry is transforming. New and
more efficient healthcare record systems are being
developed, artificial intelligence and big data is be
ing utilised to improve medical examinations and
predict disease, wearable devices are integrated to
track a patient's health and discussions around high
ly controversial genetic engineering are being held.'
However, the digitalization of healthcare faces a com
mon challenge: moving data between multiple stake
holders within a health supply chain. The incorrupt
ible distributed  ledger technology, known     as
Blockchain, could offer a way to redesign the infor
mation architecture and potentially enable data in
tegrity, transparency and security as well as new
business models.2 According to a study commis
sioned by IBM, around 16% of healthcare executives
are determined to implement blockchain solutions
this year, while around 56% expected to adopt
blockchain by the year 2020.'
   This Startup Digest consists of three case studies
that will reveal the diversity of blockchain based ap
proaches in healthcare and how they are being used
to rethink data access, data ownership and analytics.
To reflect the buzz in this novel field, the selected


projects are in different levels of development, name
ly a blockchain technology company (1), a research
project supported by the MIT Media Lab (2), and an
early stage startup (3). The following section will
analyse the context, potential and risks of each
blockchain based solution and draw some conclu
sions.
   The three case studies are:

1) Guardtime Health: A blockchain system for a con
   nected healthcare supply chain (Estonia, Nether
   lands, United Kingdom; blockchain technology
   company)




   DOI: 10.21552/delphi/2019/1/11
   Anna Laesser, Co-founder at Impact Hub Berlin. For correspon-
   dence: <anna.laesser@impacthub.berlin>
1  David Roberts, '10 ways digital could transform healthcare'
   (2018) <https://www.ey.com/en-gl/digital/ 10-ways-digital-could
   -transform-healthcare> accessed 1 March 2019.
2 Lisk Academy, 'Blockchain in Healthcare' (2018) <https://lisk.io/
   academy/blockchain-basics/use-cases/blockchain-healthcare> ac-
   cessed 1 March 2019.
3  Constantin Yukhymenko, 'What are the use cases for blockchain
   tech in healthcare?' (2018) < https://www.quora.com/What-are
   -the-use-cases-for-blockchain-tech-in-healthcare/answer/
   Constantin-Yukhymenko> > accessed 1 March 2019.


Delphi 112019

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