A Nuanced perspective on blockchain technology and healthcare
Technology in Society, 2022, vol. 71, issue C
The advantages of blockchain technology are numerous and its applications in healthcare industry are still under-estimated. In a context of increasing number of applications in healthcare sector it is important to adopt this technology in a way that is not at the origin of health issues for human beings. This short article discusses the potential side effects of a blockchain based healthcare industry that could mainly be due to the increasing needs in electricity for validation of all blockchain-based transactions\records. This note explains how and why this aspect could eventually generate some crypto-damages and ultimately might generate health issues. The aim of this essay is to provide some thoughts on the way blockchain technology could (or could not) be implemented to ensure a real sustainable, ethical and consistent healthcare system.
Keywords: Healthcare industry; Blockchain; Proof-of-Work; Sustainability (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:71:y:2022:i:c:s0160791x22002238
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