A Case Study in Blockchain Healthcare Innovation

Authorea Working Paper No AUTHOREA_213011_3643634

3 Pages Posted: 30 Nov 2017

See all articles by Thomas F. Heston

Thomas F. Heston

Elson S Floyd College of Medicine, Washington State University; University of Washington School of Medicine

Date Written: November 24, 2017

Abstract

Healthcare complexity and costs can be decreased through the application of blockchain technology to medical records and insurance companies. Estonia has taken a leadership role in blockchain based services both in the commercial sector and in government. The Estonian government’s innovation strategy was to create GovTech partnerships to implement blockchain based technologies throughout the country, and become a global leader in the technology. Starting in 2011, just 3 years after Satoshi Nakamoto published the first description of distributed ledgers and blockchain technology, the Estonian Government started partnering with the private technology startup company Guardtime to use blockchains to secure public and internal records. Then in 2016, Estonia once again reinforced its global leadership in blockchain technology when it announced it would use blockchain technology to secure the health records of over a million citizens. Estonia’s systematic method of applying blockchain technologies through GovTech partnerships demnostrates how innovation is a process. Estonia also identified early the value of the blockchain as a disruptive platform innovation. The application of blockchain technology to healthcare is a radical innovation given that nearly all previous applications have been in the financial and legal sectors.

Suggested Citation

Heston, Thomas F, A Case Study in Blockchain Healthcare Innovation (November 24, 2017). Authorea Working Paper No AUTHOREA_213011_3643634, Available at SSRN: https://ssrn.com/abstract=3077455

Thomas F Heston (Contact Author)

Elson S Floyd College of Medicine, Washington State University ( email )

Dept of Medical Education & Clinical Sciences, WSU
PO BOX 1495
Spokane, WA 99210-1495
United States
1-509-368-6586 (Phone)
1-509-495-1150 (Fax)

HOME PAGE: http://medicine.wsu.edu/directory

University of Washington School of Medicine ( email )

Box 356340
1925 N.E. Pacific Street
Seattle, WA 98195-6340
United States

HOME PAGE: http://faculty.washington.edu/theston

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