16 Percent of Healthcare Companies to Have Commercial Blockchain Solutions in 2017.

Over 16 percent of healthcare companies are ready to implement Blockchain in 2017 for commercial purposes. In a study titled “Healthcare rallies for Blockchains,” conducted by the IBM Institute for Business Value, 16 percent of the executives told IBM that experimental phases have come to an end and that their companies are ready to adopt, implement and commercialize Blockchain. In the survey conducted internationally, 200 major healthcare company executives revealed their thoughts on Blockchain technology and potential implementation strategies in the upcoming years. Over the past decade, the healthcare industry has experienced some of the largest hacking attacks and data breaches to date, leading to the loss of millions of consumer data and sensitive client information. Some of the types of data stolen in cyber attacks included financial information and personal data, which can then be used to blackmail consumers and demand ransom payments.