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Blockchain Technology

Digital Technology that could disrupt the R&D value chain

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    IQVIA HOLDINGS INC.
    Location
    Jackson, Mississipi
    Duns number
    3862211
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    Up to 3 months

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    Company and Sector Performance
    36
    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    41
    Social
    30
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    48
    Human rights
    39
    Community Environment
    31
    Corporate governance
    40
    Human resources
    22
    Security Scorecard
    77
    Threat indicators
    C
    75
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    63
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    70
    Application Security
    Detecting common website application vulnerbilities
    C
    77
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
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    D
    60
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    A
    100
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    100
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    A
    100
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    Industry Comparison
    iqvia.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
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    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    2
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    2
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    28
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Blockchain Technology market report transcript

    Global Market Outlook on Blockchain Technology (BC)

    Healthcare Industry is expected to rollout block chain solutions faster than any other industries by 2018, largely driven by the strong benefits of time, cost, and security. Key use cases expected in 2018 are clinical trial records, regulatory compliance and medical/health records. 

    The healthcare industry is aiming for the most aggressive deployments of Block chain, with 35% of health and life sciences planning to be implement by 2018.

    Block chain system adoption across healthcare use cases will vary across countries and health systems.

    Role of Block Chain in Evolving Healthcare Delivery Models

    The capability of BC to securely and robustly construct privacy-preserving distributed model on healthcare data and other service is essential to achieve healthcare delivery priorities beneficial for the entire lifescience ecosystem. The healthcare industry needs to focus on establishing Block chain to foster ecosystem partnerships and create standards or frameworks for future implementation on a large scale across healthcare use cases.

    Block chain provides new opportunities to improve existing workflows and introduce new business models.

    Block Chain Application in Healthcare Industry Challenge

    Healthcare Industry Challenges

    • Establishing a Trust Network depends on the HIE as an intermediary to establish point-to-point sharing and “book-keeping” of what data was exchanged
    • Cost Per Transaction, given low transaction volumes, reduces the business case for central systems or new edge networks for participating groups
    • Master Patient Index (MPI) challenges arise from the need to synchronize multiple patient identifiers between systems while securing patient privacy
    • Varying Data Standards reduce interoperability because records are not compatible between systems
    • Limited Access to Population Health Data, as HIE is one of the few sources of integrated records
    • Regulation Inconsistency inhibit the right health organization from accessing the right patient data at the right time

    Block Chain Opportunity 

    • Disintermediation of Trust likely would not require an HIE operator because all participants would have access to the distributed ledger to maintain a secure exchange without complex brokered trust
    • Reduced Transaction Costs due to disintermediation, as well as near-real time processing, would make the system more efficient
    • Distributed framework for patient digital identities, which uses private and public identifiers secured through cryptography, creates a singular, more secure method of protecting patient identity
    • Shared data enables near real-time updates across the network to all parties
    • Distributed, secure access to patient longitudinal health data across the distributed ledger
    • Smart Contracts create a consistent, rule-based method for accessing patient data that can be permissioned to selected health organizations