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Top 5 blockchain companies in Healthcare technology
Blockchain, the technology behind the most valuable digital currency Bitcoin, has been accepted to be the next revolution in internet technology. Blockchain provides a way to conduct transactions on a decentralized network, eliminating a need for a third party like a bank, government or treasury. This also makes sure the transactions are faster, irreversible and cost much lower than with Fiat currencies. The technology is slated to have an impact in many industries and healthcare is no different. In fact, healthcare industry has many areas that could use blockchain for industry-wide data sharing, collaborations, help prevent data thefts, maintain privacy and transparency in management of healthcare events by providing immutable and traceable records, tracking of pharma supply chain to reduce theft and pilfering, improving sharing of data for clinical trials and research, and secure sharing of data with insurance companies.
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