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What is Enterprise Blockchain?  How is it Used?

Digital Health 101

What is Enterprise Blockchain? How is it Used?

This episode is all about what enterprise blockchain is and how it can be used!
March 30, 2022

What is Enterprise Blockchain? How is it Used?

This episode is all about what enterprise blockchain is and how it can be used!

We are honored to feature Radhika Inyegar, co-author of the book “Enterprise Blockchain Has Arrived”. She shares with us how the blockchain came about conceptually, the differences between proof of work versus proof of stake, the different roles for permission and permission-less systems, smart contracts and the impact it will have on healthcare. Blockchain is essentially a database that has multiple owners, so everyone sees and has access to the same information. Right now, blockchain is used in the non-PHI side of healthcare. 

Blockchain is all about truth and transparency in the transactions involved, and their application to healthcare is going to change the game. 

About Rhadika Inyegar

Radhika Iyengar is a TEDx and keynote speaker, author, Silicon Valley Woman of Influence, and a serial entrepreneur. She is Founding Partner at StarChain Ventures, a Silicon Valley-based venture studio focused on the convergence of advanced technologies including Blockchain, AI and IoT. She is also Managing Partner of DoubleNova Group, a global advanced tech advisory company based in Silicon Valley.

Radhika is a co-author of the critically acclaimed book Enterprise Blockchain Has Arrived. As an enterprise blockchain expert, she has advised companies globally in the healthcare, fintech and supply chain sectors. She is a member of the Government Blockchain Association as well as the California Gov Ops Blockchain Working Group, a task force advising California state legislature, where she has advised on a wide range of areas such as healthcare, life sciences and pharma supply chains, digital identity, privacy, sustainability, and food and agriculture supply chains. Radhika is an Advisory Board Member and Global Ambassador of Blockchain in Healthcare Today (BHTY), the world’s first peer-reviewed journal on blockchain in healthcare.

Key Take-aways 

  • The Internet changed the world, and blockchain is on its way to do the same. 
  • Blockchain is a distributed ledger technology which allows multiple owners to have ownership of the data that’s within it.
  • Once a change is made in a blockchain, it is immutable. 
  • In blockchain all of the blocks of information are tied to each other. 
  • Blockchain does not store data, it stores the hash of the record. 

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