Moderated by Leonard Kish, MBA/MSIS, MS, HealthIT.tv, UnPatient.org, VivaPhi
Topic: Blockchain’s Potential in Healthcare
Participate on Twitter by tweeting at us & our participants using the hashtag #HITsm – every Friday, 11 am CT.
Blockchain, the technology behind bitcoin, has been hailed as a way to “de-institutionalize” transactions and other data, putting the responsibility over validating and transacting into protocols via peer-to-peer networks.
Topic 1: What kinds of healthcare data would be better off de-institutionalized, and benefit from blockchain tech? #HITsm
Topic 2: What are some innovative uses of blockchain you’ve seen to date? #HITsm
Topic 3: “Smart contracts” enable financial transactions to be tied to software. How might these be used in healthcare? #HITsm
Topic 4: Many have said precision medicine is dependent on data sharing, how does blockchain-related tech enable sharing? #HITsm
Topic 5: Financial transactions and health data transactions need strong identity. How could blockchain identity mechanisms be used in healthcare? #HITsm
To grossly simplify, the blockchain is a public ledger that allows you to privately track ownership of digital items without a third party. The network does the work of validation. The problem digital currencies attempt to solve is stopping the copy machine of the web. In certain circumstances at least, putting digital assets on the blockchain can stop the copy machine, because there is no data, only encrypted representations of the data that can’t flow backwards back to the original data, but you can test that the encrypted representations are valid, so you have a proof of existence of a set of information. – Leonard Kish
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