If we were to make a word-cloud of buzzwords, I have little doubt that blockchain would be represented by a very large font. Despite the potential risks and unknowns around blockchain, there does appear to be some incredibly exciting and useful implementations around this kind of technology across many industries, especially for healthcare.

Blockchain refers to a digital method of making, recording and validating transactions of virtually any kind. The technology significantly reduces the risk of fraud because it is completely transparent. The blockchain itself is like an endless digital receipt of transactions that can be used to prove that an event occurred, or that a record exists.

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