The latest IBM Institute for Business Value block chain research, carried out a survey of 200 health care industry executives, including payers and providers from 16 countries. We found that for blockchain technology, 16% of respondents not only ended in the trial phase, but wanted to adopt commercial blockchain solutions on a large scale in 2017. These pioneers are trend leaders in blockchain applications, hoping to eliminate frictions that hinder their own development. They want to be able to access credible new information, protect their own security, and open up new markets.
The Blazers believe that blockchain technology will maximize the time, cost and risk in clinical trial records, regulatory compliance and medical/health records. They also expect that there will be a large number of business model innovations in six areas in nine business areas that go beyond the other industries we have studied so far.
Although healthcare organizations are expected to experience disruptive innovation, they (including the Blazers) believe that there will be no major changes in the future. They may think that regulations will curb the development of new competitors and new models. In any case, healthcare organizations are investing heavily in blockchain pilot projects, with 90% of respondents planning to invest in all of the business areas we surveyed by 2018.
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