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ARTICLE · 09 SEPTEMBER 2018

Not Just For Crypto – How Blockchain Technology Will Affect Medical Devices

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Most people are familiar with blockchain technology because of its use in cryptocurrency

United StatesIntellectual Property

Most people are familiar with blockchain technology because of its use in cryptocurrency, but its use is going to be far more widespread than just as a ledger for digital currency.  As explained in a previous blog post, blockchain technology is expanding into almost anywhere that information is stored, and companies are filing increasing numbers of blockchain-related patent applications each year.

Blockchain technology has numerous applications, including in the medical device industry.  In a recent report on the outlook for medical devices in 2030, KPMG outlines potential clinical, regulatory, manufacturing, distribution, and marketing applications of blockchain in the medical device industry.

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