Tuesday, March 8, 2016

Philips Inaugurates Blockchain Lab To Spur Innovation Within Healthcare Industry

While Fintech has had the limelight when it comes to controlling and managing the future revolutionary applications of blockchain technology, there are yet various massive industries ripe for disruption that will possibly be capable to utilize blockchain for their business models. In an attempt to jump-start that procedure in the healthcare industry, Philips has inaugrated a “blockchain lab” to explore the potential usage of the blockchain in connected healthcare.


In their headquarters in Amsterdam, the Netherlands, Philips will be providing a dedicated space for Philips IT professionals, healthcare experts, partners and blockchain developers to work together on this research.


Over the coming months and years, Philips plans to actively recruit for blockchain developers and professionals for this cutting edge product to make sure that the potential use cases and business applications dreamed up within this lab space are practical and scalable in a real-world atmosphere.

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