The Blockchain in Healthcare

The blockchain is an idea centered around the concept of a secure, digital ledger system that provides a system for efficient, auditable transactions of almost any type between entities. All information related to blockchain transactions is at once both independently verifiable by all (even outside) parties as correct and also inscrutable to entities without explicit permission. The first and probably most well-known implementation of blockchain technology is Bitcoin [1].

Other Blockchain Use Cases

Cryptocurrency

Bitcoin (BTC) was the first cryptocurrency based on the blockchain, and was developed by someone calling himself Satoshi Nakamoto. The protocol was introduced in 2008 after the publication of a white paper describing the algorithm and the mechanisms for generation and distribution of BTC.

Securities Exchanges

Submitted by Ben Orwoll