Blockchain technology is well advanced within some industry supply chains, but healthcare isn’t among them.

Originally invented to register transactions of Bitcoin, blockchain has more recently been touted as a means of ensuring visibility, transparency and efficiency in the supply chain. A few industries have reacted swiftly in launching blockchain pilots, and even managed to get some fully implemented systems up and running. Healthcare services, by contrast, have been slower to adopt blockchain, even though the value of doing so is clear. On this episode, we trace the progress of blockchain in healthcare with the help of Afrooz Moatari-Kazerouni, assistant professor of operations management at Widener University in Chester, Pennsylvania. She lays out the benefits of blockchain, and explains why healthcare is lagging in taking full advantage of the technology. But she’s optimistic about the prospects for full implementation. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.

Show notes:

A paper on the use of blockchain for drug traceability.