44% of European Healthcare Organizations Don’t Know About Blockchain

European Healthcare Organizations Don't Know About Blockchain

European Healthcare Organizations Don't Know About Blockchain

According to a survey by American market research firm International Data Corporation (IDC) released on June 6th, only a limited number of healthcare firms in Europe are aware of the benefits of blockchain applications.

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44% of European healthcare organizations had never heard of distributed ledger technology (DLT), while only 12% of those are related to the tech in some sense, blockchain media outlet Ledger Insights reports, citing the IDC’ research titled “IDC Survey Spotlight.”

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According to the report, only 1% out of those 12% have a certain blockchain initiative in production, while 1% have multiple DLT projects.

The research is based on a survey of 290 healthcare firms in Europe, and contains data from IDC’s European Vertical Market Survey in 2018 and 2019, IDC writes.

From the research, there are three major use cases for blockchain technology in the European healthcare industry, including transaction agreements, identity management and shared records management. The identity use case reportedly had the biggest number of production projects at 2%, with a further 6% planning adoption within the next 12 months.

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