Link to Original Post on Medium

DAML Driven Development:

Hashed Health

Guest post by Corey Todaro,

Chief Product Officer, Hashed Health

How do seasoned veterans at one of the world’s top provider of blockchain technology healthcare solutions rate DAML — Digital Asset’s smart contract modeling language for distributed ledger technology (DLT) — for solving core healthcare business problems? In this third of a series of guest blog posts by our partners, customers, and others working with the DAML SDK, Hashed Health’s Corey Todaro discusses how DAML is helping them bring their Signal Stream product to market.

Since 2016, Hashed Health has worked to introduce blockchain and distributed ledger technologies (“DLT”) to healthcare. Founded by and comprised of healthcare industry veterans, Hashed Health engages with enterprises from all corners of this diverse industry, ideating and building innovative distributed solutions to address healthcare’s long-standing issues. Hashed Health believes in the disruptive potential for DLT but knows that change within a highly regulated and complex industry like healthcare is challenging. Hashed Health rises to that challenge with thoughtful and strategic design. Our obsession is DLT use case design, balancing varied constraints and regulatory realities to produce DLT frameworks and platforms that meet the needs of diverse stakeholders — easing inefficiency and generating measurable business value for our clients.

Our design process has always been agnostic as to DLT platform selection. We’ve designed multiple prototypes on a variety of blockchain and DLT platforms in an effort to assess their ease of use for both developers and end-users. We’ve mapped a wide range of DLT options to problem classes commonly faced by our enterprise healthcare clients. The metaphor of a toolbox is apt — blockchain and DLT platforms comprise a toolbox which contains a variety of tools useful for addressing and tackling specific problems.

For every business or administrative challenge, there is a right tool to provide a solution. By early 2017, our design process had identified a missing but essential tool. As we worked to reimagine and redesign various business processes in healthcare, confidentiality and privacy were — and remain — essential requirements in any design. While nearly all enterprise-grade DLT platforms provide features for transactional confidentiality, these features at best resulted in over-complicated designs and at worse failed to meet the stringent privacy requirements of the industry. Put simply, we didn’t have the right tool for the problems before us.

In the spring of 2018, Hashed Health participated in the developer preview program for the DAML SDK and the Digital Asset Platform. The result was more than the simple addition of another platform to our design kit. Rather, DAML — Digital Asset’s modeling language for developing smart contracts — has become an indispensable tool, already serving as the foundation for our healthcare contracting platform, Signal Stream.

In our experience, DAML combines a set of features that make it not only distinct from other DLT platforms but also make it an ideal platform for innovative designs for the healthcare industry. It gives us the ability to do something we’ve not been able to do before with distributed ledger technology.

Language Matters

At the heart of the platform is DAML itself, a domain-specific modeling language used to create transactional templates that define counterparty and related third-party behavior. The majority of enterprise-focused DLT platforms offer the ability to create application logic that can operate on the ledger (so-called Smart Contracts). Developers usually employ a general-purpose programming language to develop these smart contracts. By contrast, DAML is specifically designed to model business and commercial agreements. The concepts of business are core structures of the language itself.

Built on a functional programming foundation, DAML can feel a little restrictive at first, limiting the approaches a developer can take to define a transaction. Indeed, our developers initially found it off-putting. However, within a few short days, we understood that these seeming limitations actually deliver great advantages. DAML is designed for formal correctness. In other words, contracts and transactions written in DAML operate precisely as expected — essential for business trust and value. On other DLT platforms, we need to decide how to best approximate a business interaction and constantly test to assure that the approximation behaves as required because, when you use a general-purpose language, the behavior of that contract can vary. The same input can potentially give a range of unexpected and undesirable outputs — the contract can behave in strange ways. With DAML there is no need to approximate. This led to more efficient use of our development resources.

Language matters; how you write the smart contract and what language you use to write the smart contract matters for the business performance of that contract.

Confidential by Design

One of the more difficult design problems with DLT is transparency of the ledger. Many DLT platforms bear a resemblance, or even a direct relationship, to the original cryptocurrency blockchain platforms. These early platforms were designed for radical transparency. This transparency is essential to both their operation in open, permissionless environments and their trustless, tamper-resistant nature. For enterprises, this transparency at best complicates and at worst limits the benefits of DLT. DLT platforms such as Hyperledger Fabric and Quorum (as well as other Ethereum derivatives) have introduced confidentiality features like private channels, private data collections, and hidden contracts, while still operating on transparent, yet permissioned, ledger networks. While important, these platform developments are secondary designs, often at odds with the original design intention of the platform itself. As a designer, I find these confidentiality schemes to be inelegant after-thoughts.

By contrast, DAML is confidential by design — transactional confidentiality in DAML is a first-class, first-order feature; it is not a secondary add-on. Transactions are only visible to direct counterparties and/or third parties who have been explicitly granted rights to view. Prior to DAML, Hashed Health’s design work was constrained to either ‘data sharing’ use cases in which privacy is not essential or to overly-complicated transactional data models which attempt to preserve privacy on an otherwise open ledger. DAML’s focus on privacy — an essential regulatory business requirement in the healthcare industry — has given us a powerful tool to extend our design and DLT product development. And because of DAML’s fine-grained control over what can be shared with other parties, we can bring in observers, auditors, regulators, third-party service providers — and control precisely what they see out of the transaction. Even if it’s a single piece of data.

Radically Scalable

In 2014, as the financial services and other industry began to consider DLT technology, the scale limitations of open and even permissioned DLT platforms quickly became apparent. Supporting scales of only a few dozen to at most a few thousand transactions per second, many DLT platforms are incapable of supporting the throughput requirements of enterprise workflows.

In healthcare, the needs don’t often approach those of financial markets. In fact, the old saying is that in healthcare, any process taking less than 30 days is ‘real-time’. But as DLT solution designs move from proof-of-concept to production, the problem of scalability is becoming acute. In 2018, Hashed Health has begun work on a number of solutions which require scales beyond the abilities of many DLT platforms. In the DA Platform and DAML, we have found a reliable DLT platform that can accommodate transactional scales achieving 27,000 financial trades per second (which translates to 81,000 ledger updates per second) — the highest I’ve seen. This radical scalability has allowed us to begin designs to address the core payment infrastructure in healthcare — including fee-for-service claims processing, risk-based payment contracts, and other health plan and pharmaceutical financial workflows.

Our new DAML driven product: Signal Stream

Building on our experience with DAML, Hashed Health has recently announced a new healthcare contracting platform, Signal Stream. Built atop the DA Platform and DAML, Signal Stream enables clients to automate multi-party agreements and create an outcomes-based contract adjudication and management platform. This shared performance view is real-time and synchronized through a distributed ledger contractual engine. Addressable areas of healthcare include value- or risk-based contracts, procurement contracting, pharmaceutical rebates and outcomes-based payments and health plan administration. The platform works to:

  • Reduce administrative burden related to value-based contract automation;
  • Delineate value creation within agreements;
  • Offer real-time tracking of contract performance;
  • Achieve counterparty consensus regarding performance against contract value metrics and benchmarks.

DAML represents an essential innovative platform design, enabling enterprises to harness DLT within the business frameworks and realities of enterprises today. Hashed Health is excited to partner with DA to realize the promise of DLT for the healthcare industry.

Follow Digital Asset on Medium or Twitter, or join the community and register to download the DAML SDK Developer Preview at www.daml.com.

About the author

Corey Todaro, Chief Product Officer, Hashed Health

Corey Todaro is CPO of Hashed Health. Hashed Health is a healthcare innovation firm focused on accelerating the meaningful development of blockchain and distributed ledger technologies. Corey is at the forefront of blockchain and distributed ledger designs for the healthcare industry. He brings to Hashed Health experience in venture capital investing in the health IT space as well as a wealth of operational experience in large national health systems with a focus on the challenges of healthcare payment innovation.

About Hashed Health

Hashed Health delivers to payers, providers, and suppliers real technical blockchain product solutions focused on decreasing the cost of care and reducing the administrative inefficiencies. We offer strategic services to accelerate blockchain adoption and product development across the healthcare industry by providing subject matter expertise and strategic advisory services to innovative organizations looking to create new networks and redefine business models leveraging blockchain/distributed ledger technology.

Allscripts Podcast

allscripts podcast blockchain hashed health

Blockchain 101

Blockchain begins with the basics.  In this episode, recorded at by Allscripts (@allscripts )at HIMSS 2018, COO of  Hashed Health (@hashedhealth)COO Corey Todaro (@hashed_corey ) gives a brief primer on exactly what blockchain is and how organizations are already using it in healthcare. For more discussion on current uses and future ideas, visit chat.hashedhealth.com and join the Hashed Collective community.

On March 26th Richard Close and Brian Hoffman of Canaccord Genuity  hosted a call to discuss blockchain in healthcare with John Bass, CEO of Hashed Health.  We can connect you if you would like to read the full report.  Canaccord Genuity Industry Update Report blockchain healthcare

Reference: Canaccord GenuityRichard Close , Brian Hoffman, John Bass

Hashed Health Resource Brief: Michael Porter Research on Value-Based Healthcare

The following is part of Hashed Health’s ongoing Resource Briefs explanation series. We have aggregated blockchain healthcare resources on our site that we believe are instrumental to understanding and designing the new future of health and wellness. Our past resource briefs have focused on the revolutionary Bitcoin and Ethereum white papers. Today’s brief explains why we look to Michael Porter for inspiration in redesigning our healthcare system. For more on Michael Porter’s background, click here.


The healthcare system in the United States has produced many miracles and scientific advancements in treating acute care injuries and sustaining life. Despite these advancements, we are not getting our money’s worth. Patients are faced with high and rising costs, restricted services, care that trails leading benchmarks, patient and quality cost discrepancies across the system, access issues, socioeconomic distress and many more concerning trends. How can this be possible in a country that spends $3.2 trillion on healthcare annually ([1]), more than any other country in the world?

Michael Porter, the renowned Harvard Business School Professor, has done extensive research in the healthcare field and has pioneered the “Value Based Healthcare Delivery” framework. Porter’s framework focuses on the idea that healthcare systems should strive to deliver maximum value for patients. To the uninitiated, this value-based assertion may seem obvious, but in fact, our current healthcare system is not designed to promote value. Today, the fundamental health infrastructure we have in the United States is designed around fee-for-service transaction-focused healthcare. This infrastructure is not aligned with what most would agree is the core purpose of healthcare, which Porter defines as “Value for Patients.” When you accept this basic principle, it becomes clear that healthcare must shift from volume to value. The following guide will brief you on the current state of the healthcare system, Porter’s framework for creating a value-based system and Hashed Health’s vision for a new infrastructure for healthcare.

Instead of approaching care as an individual site, specialty or intervention, Porter espouses an approach that considers the patient’s medical condition over the full episode of care. From both a clinical and a financial perspective, the focus is on addressing the full set of results that matter to the patient, instead of the more narrow interests of each participating entity. In this model, outcomes become the driver of reducing costs.

In 2015, Porter introduced his value-based strategic agenda, which includes detailed analysis of the following concepts:

1. Re-organize Care Around Patient Conditions Using the Concept of Integrated Practice Units

2. Measure Outcomes and Costs for Every Patient

3. Move to Bundled Payments for Care Cycles

4. Integrate Multi-Site Care Delivery Systems

5. Expand Geographic Reach To Drive Excellence

6. Build an Enabling Information Technology Platform ([2])

In earlier research, Porter offered the concept of “zero-sum competition” ― a specific type of competition between parties that results in no net benefit ― as the explanation for our healthcare system’s contradictions ([3]). In fact, according to Porter, zero-sum competition between healthcare system participants actually “divides value instead of increasing it.”

Healthcare companies and organizations are competing on vectors not aligned with the best interests of consumers; this drives the system away from fulfilling a patients’ actual needs. Instead of focusing on patient outcomes, healthcare competition revolves around shifting costs, creating bargaining power, attracting and retaining patients and restricting choices and services. This type of competition only leads to gains at the expense of another entity: or zero-sum competition.

When we talk about value-based care, we tend to focus on the U.S. system. However, in more recent research, Porter adds a global perspective to the conversation. The data shows that value-based conversations should not be limited to the U.S. ([4]).

Similarly, variability in outcomes is also a shared concern.

Around the globe, we share a common interest to ensure advances of the value-based agenda in healthcare.

Hashed Commentary

At Hashed Health, we are committed to building solutions that focus on patient outcomes throughout the entire cycle, and thus improve patient care and drive value-based care delivery. We believe that blockchain and distributed ledger solutions offer a once-in-a-generation opportunity to redesign the fundamental infrastructure in healthcare by embedding rational economics into health processes. This is a unique chance to align incentives and change behaviors that are central to the policies Porter describes.

Value is all about the relationship between cost and quality. The very concept of value-based care suggests a need to reconsider the technical infrastructure that has been created to support fee-for-service care. The merging of clinical and financial paradigms is challenging, especially to traditional for-profit health system CFOs who have built careers around the concept of “heads in beds” and systemic business incentives that pay more when patients return.

To make the shift from volume to value, we must consider the basic infrastructure that we are dealing with. One of a blockchain’s core concepts is that of programmed value exchange. Using the blockchain, we can design and embed economic systems in the patient’s full cycle of care. This will allow us to program value exchange based on behaviors, compliance to protocols and attestations from both sides of the “marketplace.” These mechanisms are not possible using fiat currency in today’s claims-based systems.

For example, today’s bundled payment programs have shown promise, but they are hamstrung by trust and administrative complexities that are a result of trying to force a value-based system on top of fee-for-service infrastructures. We believe there is an opportunity to demonstrate that with a new blockchain-based information-technology platform, we can advance Porter’s Strategic Value Agenda.

Several members of the Hashed Health team have a background in bundled payments: John at InVivoLink, Corey at Vanguard Health System, Les at Martin Ventures and Philip at Humm. We have had many productive discussions regarding these efforts; we now feel that while these ventures successfully innovated and improved how bundles are managed, they were intrinsically limited because they were developed or implemented on top of systems that were not designed for value-based care. Building applications on top of (or offering minor improvements to) traditional relational databases simply can’t address that core issue. Other examples of solutions that suffer from these limitations, as described by Porter himself, include:

● Prior authorization for expensive services

● Patient copayments and deductions

● Electronic medical records

● Evidence-based medicine

● Safety/eliminating errors

● Introducing “lean” process improvements

● Care coordinators

● Retail and urgent care clinics

● Programs to address generic high cost areas (e.g. readmissions, post-acute care)

● Mergers and consolidation

Restructuring health care delivery is necessary, not incremental improvements.We believe blockchain technology is the answer. We can now design our own economies and trust systems that support the value-based agenda. We can engage employers whose perspective on value is sorely needed. We can work to harness the power of outcomes and embed outcomes data directly in payment and incentive processes. We can use new IoT devices on the blockchain to understand what’s happening outside the clinic and between surveys (a current shortcoming for Porter’s Tier 2 and Tier 3 measures hierarchy). We can directly link payments and benefits. The possibilities are enormous, and great work is starting to bring about positive changes.

Hashed supports the work that leaders such as the Altarum Institute, the International Consortium for Health Outcomes Measurement (ICHOM), the Organization for Economic Co-operation and Development (OECD) and others are conducting to accelerate the value-based agenda. At Hashed, we are engaging in productive discussions with surgeons, providers, manufacturers, payers and other constituents around the world about how we can begin using the blockchain to advance the value agenda. This is truly a collaborative effort,t and we are immensely proud to be a part of it


[1]https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical.html
[2] http://www.healthforum-edu.com/summit/PDF/2015/SUM15michaelporter.pdf
[3] https://hbr.org/2004/06/redefining-competition-in-health-care
[4]https://www.oecd.org/health/ministerial/policy-forum/Michael-Porter-Presentation-OECD-Health-Forum-2017.pdf

Ethereum White Paper Summary

Whereas Satoshi Nakamoto’s Bitcoin Whitepaper is often credited as a catalyst to the current blockchain revolution, the Ethereum Whitepaper was a dramatic breakthrough in unlocking the power of decentralized technologies. This guide is designed to introduce you to Ethereum, which was introduced to the world in 2013 by Vitalik Buterin. Ethereum is the second largest blockchain protocol in the world, behind only Bitcoin. Any person attempting to understand how future applications will sit atop of blockchain protocols should start with understanding Ethereum. To make that easier, we have created this guide to help you understand the Ethereum whitepaper.

Throughout history, banks and third-party institutions have existed to provide trust between multiple parties of a transaction. Bitcoin radically changed this construct, allowing transactions to take place within a protocol, without the need to depend on third-party entities (to read more about Satoshi’s Whitepaper on Bitcoin, click here). By moving trust from the intermediary to the protocol, Bitcoin changed the way money flows and set the stage for the Internet of Value. All the Blockchain initiatives we talk about today, including Ethereum, are a result of Bitcoin.

As world-changing as Bitcoin is, it does not allow for easy repurposing of the Bitcoin protocol for alternative blockchain applications. Developers were faced with a tough choice – go through the labor intensive process of creating a completely new blockchain, or attempt to expand past the limitations of the current protocol.

Whereas Bitcoin was specifically constructed to administer a specific use of blockchain technology, Ethereum was created to provide a framework to run all decentralized applications. Ethereum includes a Turing-complete programming language for users to create “smart contracts”, or arbitrary rules that dictate the execution of actions. The breakthrough lies in the inclusion of a complete programming language, empowering complete freedom for developers to build any application they wish.

Below is a brief outline explaining how the Ethereum blockchain works:

1. New transactions are sent to the nodes within the network
2. Nodes compile and store these transactions within a block
3. Each nodes works to solve an energy and computing intensive Proof-of-Work (PoW)
4. The node that first finds a solution broadcasts it to the rest of the network
5. Nodes accept the solution if it is valid
6. Nodes show acceptance by beginning to work on the following block

The process is extremely similar to Bitcoin. Algorithms regulate the difficulty of the PoW puzzles to maintain a constant frequency of block creation (about every 12-15 seconds). The winning miner is rewarded with 5 ether. This process has two main functions – it allows new Ether to be circulated without a central authority and it validates transactions in a decentralized manner. The mining process makes hacking nearly impossible, due to the sheer computing power that would be required to reverse prior transactions. However, we must note that Ethereum is planning to begin the transition an alternative mining process, Proof-of-stake. To learn more about Proof of Stake, here are a few good resources:

Blockgeeks has an easy overview here.
To read more about Casper, click here.
Great Medium post by Vitalik Buterin here.

Hashed Commentary:

Most people know about Ethereum because of the Ether (ETH) token. With a market cap of ~$36B (as of 8/31), ETH has cemented itself as the second most valuable cryptocurrency, trailing only Bitcoin (BTC) in value (~$77B).

Although Bitcoin may be more well known, Bitcoin exists primarily as digital gold. Meanwhile Ethereum has become a platform for distributed computing, distributed applications, and digital tokens. In Vitalik’s words, Ethereum is “a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdiction-less entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus.” In other words, it represents a whole new way thinking about and building systems.

Ethereum has largely been responsible for the proliferation of Initial Coin Offerings (ICOs) in the past year. Just in the past two months, these ICOs have surpassed early stage venture funding in dollars raised by startups. Whether or not the explosion in ICOs has created a bubble is up for debate, but the revolutionary effect of Ethereum as a catalyst for new blockchain applications is not. To date, over 850 currencies representing $44B in digital assets have been created since Ethereum set the stage. Many believe the ICO tokens are Ethereum’s ‘killer app.’ Now, any innovative development team can create and program their own unique cryptographically secure financial system with unique economic principles for incentivising behavior. To make things even more interesting, the tokens used can be fractionalized to support any level of micro-payment needed. The container of the current banking system can’t dream of doing that. It’s not just that you can build a new economic system, it’s that you can design it to out-perform any existing system on the planet. And, as a result, before our very eyes, we are watching as entrepreneurs change the way currency flows. Get ready…

At Hashed, we are very excited about what Ethereum has accomplished and the potential it holds for healthcare. We are using Ethereum and related technologies to build out various use cases and concepts. Smart contracts are fairly immature, but are showing tremendous promise in automating business processes and programming value exchange in our healthcare use cases. This will be an amazing 3 years for some of our favorite projects such as payments and care coordination.

Healthcare has seen its first ICO and we’ll see many more in the future. Personally we know at least four healthcare ICOs planned for later this year. If done correctly, the ICO model has the potential to help us tackle large, systemic problems that could not be accomplished through traditional means. If done incorrectly, the ICO model may actually stifle innovation and set back the industry. Let’s hope we do it right, because we have an amazing opportunity to help a lot of people.

Satoshi Whitepaper

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” css_animation=””][vc_column][vc_column_text]It is impossible to explain blockchain without introducing Bitcoin.  This post is designed as an introduction to Satoshi’s whitepaper which, in 2009, introduced Bitcoin to the world.  Anyone attempting to understand blockchain applications in a meaningful way should be familiar with this publication, which is why we are featuring it in the first in a series of posts highlighting some of our favorite and most influential blockchain resources.  Please note that we are attempting to summarize the Satoshi whitepaper, a technical document, in plain English that the common person can understand.

 


 

Until recently, banks have played the role of brokering trust between participants of financial transactions who do not know or trust each other.  Naturally, as a result, the financial system developed a critical dependence on banks.  Bitcoin, as introduced by Satoshi Nakamoto in 2009, is a new version of electronic cash where no central third party (i.e., a bank) is needed to create trust in the system.  The trust is in the distributed network and handled through cryptographic proof, rather than by a bank or a middleman.  A peer-to-peer network and digital signatures are the key instruments in solving the “double spend” problem that, until now, banks have been in place to solve.

 

How does the network operate? It’s remarkably simple. In fact, the genius of Satoshi’s design is this “unstructured simplicity” which adds to the security and robustness. It works as follows:

  1. New transactions are distributed to the network of nodes.
  2. Nodes collect transactions in a block.
  3. Each node works on solving an energy-intensive Proof of Work (PoW) problem.
  4. The winning node broadcasts the solution to nodes.
  5. Nodes accept solution if all transactions are valid and coin is not already spent.
  6. Nodes express acceptance by working on next block using hash of previous block.

 

All the transactions in a block are shared amongst all the network nodes through the PoW consensus algorithm.  This method of hashing and publicly announcing all transactions in a block gives the Bitcoin blockchain its transparency.  No one can argue that a transaction did not happen as long as it has been recorded on the growing, shared, and transparent blockchain.

 

The nodes on the network are rewarded for competing because they receive new Bitcoin when they solve a block, winning a competition every 10 minutes.  These “miners” are mining new bitcoin through the effort and energy they expend solving the PoW problem.  The energy output required for PoW consensus is a key feature because it makes the blockchain less vulnerable to attack.  The system is protected against fraud because transactions in the system are too computationally expensive to reverse.  Hacking the system is not practical, because it would require too much energy to take control of the network.

 

Hashed Commentary:

The Bitcoin blockchain is an open protocol (the GitHub repository can be found here).  Any developer in the world can review and use the code as they wish.  In the real world, Bitcoin is a program that provides a user with a wallet, allowing the user to send and receive bitcoins.

 

The system is now being used by people and businesses around the world.  It’s no longer a “fringe” phenomenon.  As of July 11 2017, one Bitcoin equals $2284.53 and the Bitcoin market cap is $37.3B.  16M Bitcoin are in circulation with more Bitcoin being mined every day (until the 21M cap is reached).  The number of blocks now exceeds 475,000.  More money flows through the Bitcoin blockchain than through Western Union.  Bitcoin will never stop so long as miners continue to operate.  No government or central bank can shut it off.

 

You may have heard about Bitcoin hacks in the past.  In reality, the Bitcoin blockchain has never been hacked.  It is by far the most battle-tested of all the blockchain protocols.  Successful hacks have been at the “wallet” level, affecting software that 3rd parties have written on top of Bitcoin.[/vc_column_text][vc_empty_space height=”20px”][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” css_animation=””][vc_column width=”1/4″][/vc_column][vc_column width=”1/4″][vc_single_image image=”1430″ img_size=”full” alignment=”center” qode_css_animation=””][/vc_column][vc_column width=”1/4″][vc_single_image image=”1431″ img_size=”full” alignment=”center” qode_css_animation=””][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” css_animation=””][vc_column width=”1/4″][/vc_column][vc_column width=”1/2″][vc_column_text]

Images: https://bitcoin.org/en/faq#who-created-bitcoin

[/vc_column_text][vc_empty_space height=”25px”][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” css_animation=””][vc_column][vc_column_text]The Bitcoin blockchain is the genesis of Ethereum and each of the other sixty or so protocols that have emerged since.  Each of these new protocols has tweaked the Bitcoin Blockchain in an attempt to optimize the blockchain for some purpose other than what Bitcoin was designed to do. Bitcoin is slow and energy-intensive, but it is these very characteristics that Satoshi Nakamoto intentionally designed that make it so secure and successful.[/vc_column_text][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”center” css_animation=””][vc_column][vc_empty_space height=”40px”][vc_column_text][qbutton size=”medium” target=”self” font_style=”normal” font_weight=”600″ text=”VIEW RESOURCES” link=”https://hashedhealth.com/resources/” hover_color=”#214d68″ background_color=”#214d68″ border_color=”#214d68″ hover_border_color=”#214d68″ color=”#ffffff” hover_background_color=”rgba(255,255,255,0.01)” font_size=”18″][/vc_column_text][/vc_column][/vc_row]

Blockchain Healthcare Resources

Hashed Health’s mission is to advance the meaningful innovation of blockchain healthcare solutions. To accomplish this mission, we spend a lot of time educating and organizing companies around strategic potential (and strategic threats) for their business. We are regularly asked what resources are available that can help fast forward the development of expertise in healthcare blockchain concepts. We have recently released a new Resources page on our website to arm people who are new to the space with some of the blockchain and healthcare resources that have most influenced the founding of Hashed and our work to date.

This week’s newsletter provides an overview of the information you’ll find on our Resources page.

 

The Hashed Video Series

So far, Hashed has released two great “explainer videos” featuring Corey Todaro. The first is on general healthcare blockchain concepts, and the second is focused on explaining one of our initial products, Decentralized Provider Identity. Future videos will explore common FAQs in healthcare and blockchain, as well as videos on a variety of new products to be announced soon.

 

Recommended Readings

These are the resources that helped launch Hashed Health (and many other organizations focusing on blockchain and distributed ledger technologies). This section is broken up in to several sections including whitepapers, technical documents, books, influential articles, and various government documents. Like the other sections, this is a mix of both blockchain and healthcare subject matter.

 

Recommended Websites

There are many good educational websites out there that help provide news, updates, and additional value-added resources for those looking to learn or master certain areas of the spectrum of distributed ledger technologies. On this section of the page we have listed just a few of our favorites.

 

Podcasts

If you are reading this newsletter, then you already know about this resource. We are thrilled with the response rate of our newsletters and we thank you for staying tuned in. Our read rate and click rates are consistently around 50% which is amazing. For comparison, across all industries Experian’s benchmark average open rate is around 25%.

 

Hashed Newsletters

If you are reading this newsletter, then you already know about this resource. We are thrilled with the response rate of our newsletters and we thank you for staying tuned in. Our read rate and click rates are consistently around 50% which is amazing. For comparison, across all industries Experian’s benchmark average open rate is around 25%.

 

Twitter, LinkedIn, and Instagram

Twitter, LinkedIn, and Instagram- The resources on this page are all excellent, but if you want real-time updates on what we are reading in blockchain and healthcare, then you will want to follow us on the social media outlets on this page. Have suggestions for our resources page? Twitter and LinkedIn are a good place to provide feedback and make suggestions on how we can improve our Resources for the community.

 

Our next newsletter will begin going in to greater detail of select resources. We plan to begin by highlighting Satoshi’s whitepaper, the “genesis block” for understanding blockchain.

 

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