Blockchain and the future of medicine

Thursday, April 13, 2023

Blockchain and the future of medicine

For many, the word “blockchain” either conjures images of Bitcoin or is a cause for confusion. But the seemingly abstract technology typically reserved for cryptocurrency aficionados is on the verge of improving efficiency, transparency and trust in health-care settings.

“There’s tons of novel approaches [using blockchain], especially when it comes to managing data,” says Pedro Miranda, a PhD candidate and researcher with Ubiquitous Health Technology Lab at the University of Waterloo whose work has focused on harnessing the technology for use in health care and health research. However, Miranda cautions that there are still a number of limitations to the technology.

Read the full study here:

blockchain diagram