Blockchain in Healthcare: SWOT Analysis

Following on from one of my previous blog post entries, I would like to take this time to once again write about the potential of Blockchain in Healthcare. I have crafted the SWOT analysis below to evaluate the current state of Blockchain in Healthcare, its potential and what we can expect going forward.

Please click on the image below to access the full SWOT analysis.

Blockchain in Healthcare SWOT

I would love to know what you think so please feel free to leave your comments below and share via social media.


Jonathan Cordwell is a Senior Professional Research Analyst at CSC, specializing in Healthcare Strategy. Since joining CSC in 2008, Jonathan has worked in a variety of environments such as Project Management, Sales/Marketing Support and Communications. As a Research Analyst, Jonathan is focused on delivering market insights on the Healthcare and Life Sciences vertical. Jonathan holds a BA(Hons) in Business Management & Spanish from the University of Manchester.

 

RELATED LINKS

Blockchain in healthcare: From theory to reality

 

 

Comments

  1. Great Analysis !! Can you explain the statement in the opportunity section – “potential to customize and personalize pharma products”. Are you hinting towards personalized medicine here ? Can you provide an example ? Thanks in advance ..

    Like

    • jcordwell says:

      Thanks for your comment Roger. This statement relates back to a previous post where I mentioned DNA Wallets and how they plan to make genetic and medical data available to pharmaceutical organizations and researchers but maintain privacy and confidentiality through encryption keys. If pharmas are able to get their hands on masses of anonymous data such as this, they could use Big Data & Analytics initiatives to improve efficacy, discover trends etc. There’s a whole host of possibilities.

      Like

  2. Great SWOT Jonathan. I find it interesting that there are companies already looking into the use of blockchain for pharma. As serialization is the new standard globally I thought this was a decent article on it and wanted to share it with you if you haven’t seen it. http://www.securingindustry.com/pharmaceuticals/blockchain-verification-ready-to-take-centre-stage-/s40/a2636/#.Vril_EaULVZ

    Like

  3. Jerry Overton says:

    Great stuff…especially when combined with the examples from your previous post. Can you provide links for those of us wanting to go deep into the technology? Maybe some ways we can get hands-on experience with the technology?

    Like

    • jcordwell says:

      Hi Jerry, glad you found it insightful. A lot of the content in this SWOT analysis was compiled from conversations with other SMEs within CSC. One of the links I did use however was http://www.coindesk.com, they have some good coverage. Blockchain is getting more and more attention as time goes on so I’d keep an eye on BitCoin news sites.

      Like

Trackbacks

  1. […] Blockchain in Healthcare: SWOT Analysis […]

    Like

  2. […] Blockchain in Healthcare: SWOT Analysis […]

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: