Can Blockchain Solve the Mess of Medical Records? IBM Announces Tie-Up With Healthcare Providers4

Even as U.S. healthcare spending grew by 3.9% in 2017, the system remains riddled with waste, inefficiencies and data silos. In response, a consortium of healthcare giants that include Aetna and Anthem are testing out blockchain technology as a possible fix.

On Thursday, IBM announced that the consortium, which also includes PNC Bank and Health Care Service Corporation, will experiment with a version of blockchain known as Hyperledger Fabric in a bid to reduce administrative errors and streamline record keeping.

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