Report Highlights:
Blockchain is currently a buzzword across all commercial sectors, from financial services to supply chain management. Blockchain exploded into the public consciousness as the distributed ledger technology (DLT) that acts as the backbone of the digital currency Bitcoin. Fintech quickly recognized the potential of blockchain, with multiple use cases now implemented in areas such as financial transactions and service/product life cycles.
However, within the life sciences and healthcare sector, the potential use cases of blockchain are not as straightforward, and the rapidly changing landscape of blockchain usage presents a challenge for companies seeking to adopt the technology.
Included in this Intelligence Brief:
This report reviews the following three broad areas of blockchain deployment, which are at various stages of maturity in the healthcare, biopharmaceutical, and medical technology sectors:
- Drug development and supply chain
- Clinical trials management
- Patient-centric usage
We also enumerate developing use cases of blockchain, from proof-of-concept to real-world blockchain implementations, and identify first movers/early adopters of blockchain, including key collaborations, in the life sciences ecosystem.
