John Eustice and Erin Sweeney Address the Pros, Cons of Using Blockchain in Health Care

"Blockchain and the Health Care Industry"

Bloomberg Law


In this article, John Eustice and Erin Sweeney address how using blockchain could benefit the health care industry's push to develop stronger data security measures. Blockchain can also help health care companies comply with upcoming federal regulations. "Whether government regulation or efficiency drives the health care or pharmaceutical industry toward blockchain technology, blockchain has the potential for serving as a gamechanger for simplifying data storage, providing security, and verifying transactions," Eustice and Sweeney wrote. "Blockchain is not bullet-proof, but it may be the right solution for several of the larger data challenges faced by these industries."