Blockchain is a distributed, decentralized database that maintain a continuously growing list of secure data records without the need for trusted third-parties oversight or admission control to the system.

At its core, it is a peer to peer distributed ledger. Its cryptographically secure and extremely hard to change. Its updatable only via consensus among peers.

Top Blockchain benefits:

  • Better transparency
  • Reduced costs. No need to pay for intermediaries.
  • High level of security. Hacking threats reduced significantly
  • True traceability. Easy to track transactions
  • Improved speed and efficiency. Faster Transactions

Top application areas:


  • Universal Patient Profile
  • Drug traceability
  • Better clinical trials

Supply Chain:

  • Secured way of transactions.
  • Very useful in bidding and vendor selection
  • Faster transactions

Risk Management:

  • Secured way of sharing audit reports and red flagging frauds
  • Better traceability
  • Faster process


  • Proper Identity Management
  • Transparent processes
  • Better clinical trials