EOM 1352: Fri 7 June 2024, 11:36

Current Edition

Discovery Park: Wed 13 November 2024, 10:35
ramusmedical

Future of Blockchain Technology in Clinical Trials

Nowadays, when everything seems to be about artificial intelligence (AI), it is easy to forget that there are other technologies that will likely impact on how clinical trials will be conducted in the future. One of them is blockchain.

While AI’s promise in healthcare was initially hyped before widespread adoption, now a significant shift is underway, with some calling it a revolution.

This revolution is happening also in clinical trials. AI tools are being implemented to existing systems to increase efficiency in data processing and management, to produce the required documentation and to analyse the trial results.

These AI enhancements are on the top of everyone’s mind and can seem to be part of every business discussion, but there is another technology, blockchain, that has also been hyped to revolutionise healthcare systems for the past ten years or so and while it can seem that the general interest in blockchain solutions has dwindled, the numbers tell a different story.

The monetary investment in blockchain is increasing every year and healthcare is one of the main areas where the blockchain technology is suggested to be implemented in.

Catalyst: Fri 8 November 2024, 14:16
Biosynth: Wed 13 November 2024, 10:18