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Joe Stanganelli
Joe Stanganelli
1/31/2017 1:39:46 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
@Jeremy: "proven" is a funny word, as blockchain hacks can happen and have happened (although certainly rare).

That said, what is happening in the healthcare and life science sectors is a demonstrated preference in some cases for "private" blockchains -- a.k.a. hybrid blockchains.

Essentially, it's the same technology, but centralized and controllable by a controlling body.

Which, of course, rather defeats the whole point of blockchain to begin with (at least, if you talk to most blockchain enthusiasts).  But there you go.

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dcawrey
dcawrey
1/24/2017 2:49:33 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
@freehe I would agree that standardization is needed in blockchain. 

Problem is, the space is so free-thinking I have a hard time believing we're anywhere close to getting to a point of standardization. We'll see. 

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DHagar
DHagar
1/24/2017 2:27:49 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
@Ariella, key points for putting the healthcare system on the right track.  Transparency is essential - it also needs to be a goal to present patients with a consolidated single bill that requires all providers involved with the service for identify their charges so the patient has a complete picture.

Patients can't have choice without these tools.

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Ariella
Ariella
1/24/2017 2:16:44 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
< am wondering about possible uses such as patient-driven payment systems - ie Healthcare Smart Cards for payment, or an application that would assist them with the complexity of reconciling insurance payments with co-payments - and/or health savings accounts.>

@Dhagar I think that's a great idea. Things are so all-over-the-place under the status quo. Another really important move in that area that can't really be rectified by blockchain is transparency. We need to demand that for healthcare services the same way we do for telecoms, utilities, and just about anything else we purchase. That means every doctor's office, hospital, and lab should be required to post what their charges are for each service and how much they contract for under each insurance agreement. Patients need that information to make really informed choices.

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freehe
freehe
1/23/2017 1:02:10 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
@Joe Stanganelli, good points. Curious how these issues will be addressed in the blockchain industry.

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freehe
freehe
1/23/2017 1:01:22 PM
User Rank
IoT Visionary
Blockchain security
Blockchain security needs to be a top priority to ensure HIPAA laws are not violated and to prevent cybersecurity attacks.

 

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freehe
freehe
1/23/2017 1:00:28 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
Standardization is crucial for blockchain.

Feasbility studies need to be conducted to determine what industries blockchain usage will be the most useful.

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dcawrey
dcawrey
1/21/2017 3:59:09 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
Regulation is certainly an issue for blockchain when it comes to projects and companies that need banking relationships. That being said, I think there are some interesting use cases for blockchain that doesn't have to be purely financial. Being about to security publicly stored data to ensure integrity for IoT devices is certainly one of those things. 

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Jeremy
Jeremy
1/20/2017 5:20:54 AM
User Rank
Blogger
Re: Decentralization = data-privacy law conflicts
Interesting, I wasn't aware of those issues related to healthcare. Of course it makes sense that there'd be a lot of red tape around healthcare data, given how sensitive and private that information is, but it's a little ironic given blockchain is a proven method of keeping information secure! 

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DHagar
DHagar
1/19/2017 10:32:03 PM
User Rank
IoT Visionary
Re: Decentralization = data-privacy law conflicts
@Joe, that makes sense.  I think the opportunities in healthcare need to be more creative where they truly add value; as you point our healthcare is gun-shy on losing control, and the EHR's and Health Exchanges have been problematic.

I am wondering about possible uses such as patient-driven payment systems - ie Healthcare Smart Cards for payment, or an application that would assist them with the complexity of reconciling insurance payments with co-payments - and/or health savings accounts.

Excellent article, Heather.

 

 

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