Kaumil Dalal, director of Chicago-based technology consulting firm West Monroe Partners, talks about what the health IT managers from blockchain this year and the most significant applications of technology can expect.
The answers have been slightly modified for clarity and length.
Question: where is now the blockchain in the health sector and how will it develop in 2019?
Kaumil Dalal: Just like the other sectors, the blockchain is still in the pilot phase and testing for health care. The results of these pilots and tests are much more difficult to find. Although management of medical records is one of the most talked-about uses, basic data management has been the primary focus in the past two years with companies trying to digitize credentials, genomics, laboratory processes and documentation, and health. of the population. Fortunately, the blockchain hype is starting to decline and technology leaders are starting to recognize the real benefits and limitations of the blockchain. This will lead to more targeted and targeted technology applications to specific use cases throughout 2019 and potentially to larger tests with proven results.
Q: What do you think will be the most significant blockchain applications in the healthcare sector over the next five years?
KD: Supplier credentials and supply chain monitoring are the most likely use cases for a significant implementation of blockchain with larger scale testing and pilot initiatives.
Q: What do the blockbenches of blockchain hospitals and healthcare systems know today?
KD: Health IT managers in hospitals and healthcare systems need to know three aspects of the blockchain. First, the blockchain works very well in some cases of use, but not in most of them. Taking the time upfront to determine if the use case you are looking at is a valid use of blockchain will save you a lot of time and money in the long run.
Secondly, blockchain is not secure. The same security concerns you have with all other technologies are applied, and some new "tricks" are introduced.
Thirdly, blockchain is a very new technology that makes development and integration more difficult. Blockchain providers, such as Ethereum and Hyperledger, are improving their basic offerings consistently, but there are still many aspects that modern developers simply expect that they are not there or mature. This means that the integration of the blockchain into the company requires additional work and you have to make sure that extra effort is included in any calculation of the return on investment.
To attend the future Becker question and answer session, contact Jackie Drees at [email protected].
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