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ARTICLE · 18 JULY 2018

Healthcare IT Insights – July 2018

Duff and Phelps
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When most think of blockchain, they think of Bitcoin, the cryptocurrency that has been in the spotlight for more than 10 years.

United StatesTechnology
Brooks Dexter
Brooks Dexter
Eric Coburn
Eric Coburn
Philip Smith
Philip Smith
Adam Stormoen
Adam Stormoen
Laca Wong-Hammond
Laca Wong-Hammond
Jordan Lampos
Jordan Lampos
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When most think of blockchain, they think of Bitcoin, the cryptocurrency that has been in the spotlight for more than 10 years. Initially, Bitcoin was thought to be destined to augment, if not replace, "fiat" currency—a vehicle to securely and anonymously store value and effect transactions without the need for a central clearinghouse or source of truth. Then Bitcoin became a speculative asset traded by hedge funds and discussed at cocktail parties. Most recently, the bubble in Bitcoin, which peaked at $17,555 in December 2017 and crashed to just over $6,000 today, has garnered media attention. As all of this occurred, the focus on cryptocurrency shifted attention to blockchain, the underlying technology that enables Bitcoin and its application in healthcare.

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