Convergence of Regulation and Blockchain in Healthcare
In 2016, over $1B has been invested into application of distributed technologies in healthcare. Much of the initial discussion around blockchain applications in healthcare has revolved around health information exchange and shifting the control of medical records from providers to the patient. Verifiability, immutability, and privacy afforded by distributed ledgers make this an attractive use case. However, and possibly more easily, distributed ledgers can be also utilized to allow government regulatory agencies to increase efficiency and trust as it relates to key identity elements. How do law, regulation and innovation need to work together to realize these promises?