Forty-nine percent of healthcare executives say they are developing or adopting blockchain solutions for their organizations, but many still struggle with trust and regulatory issues.

While blockchain is widely viewed as inherently secure — and could ultimately increase trust among stakeholders — many remain skeptical. Of the 74 global healthcare companies surveyed, 47 percent cited lack of trust as a top concern of blockchain use.

Lack of expertise is also a major barrier. Sixty-one percent of executives said that a lack of appropriate blockchain skills on the team impeded their blockchain projects. Other significant concerns included lack of governance structure (43%), regulatory uncertainty (39%), and interoperability (36%).

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Source: HealthITAnalytics

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