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by ptx 2011 days ago
Would blockchain have been useful for healthcare?

As I understand it, the main reason to use blockchain is having multiple parties intact without any party being trusted, so if you do have some central trusted authority it's pointless. There's also the requirement that the network has enough participants that no single party can gain a majority of the network's compute power, which seems a very iffy assumption with private/permissioned blockchains.

So I don't see how blockchain is useful in a healthcare context. Please correct me if I'm wrong and enlightenen me if I'm missing something.

1 comments

You're not missing anything, and this lovely flowchart from NIST shows just how rare actual use cases are:

https://thefinanser.com/wp-content/uploads/2019/03/NIST-flow...

However, the execs making decisions about hot buzzwords like "blockchain" or "AIOps" etc neither understand nor care.

That flowchart is from the United States Department of Homeland Security Science & Technology Directorate, not NIST.