Assessing Bitcoin’s benefits, security risks in healthcare

Patrick Ouellette writes:

Because of the prevalence of medical identity fraud in the healthcare industry, healthcare providers are beginning to think outside of the box as to how to keep their patients’ data private. San Francisco physician Paul Abramson has made headlines of late for allowing patients to pay for services using Bitcoin, a decentralized form of digital currency, at his private practice, My Doctor Medical Group. Though Abramson believes Bitcoin is a safer option than having patients use credit card for payment, there are certainly security and regulatory questions to be answered about Bitcoin.


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