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There might be potential uses for distributed ledgers in an industry that is required by law to share your care history. This specific company not having arrive

There might be potential uses for distributed ledgers in an industry that is required by law to share your care history. This specific company not having arrived at a concrete product does not negate the potential upside. All it takes for them to do is develop a technology that can be of interest to an industry giant and become acquired. Im not saying this is the case here, but it is a real option.

marcus_holmes 8y ago
ahh, I see... so more like speculative R&D, developing a technology to the point where it's saleable to a larger organisation. So there's no need for a customer problem to solve, it's just about building enough capability with the tech to become acqui-hirable, is that right?
- pryelluw 8y ago
  To a point. I cant comment on regards to this being the goal of the company above. We should consider the following: A startup can have a product offering and also be the product itself.
  - marcus_holmes 8y ago
    not sure that works in many places outside Silicon Valley. I've been working in the startup scene in Perth, Western Australia, for years now, and the opportunities for getting bought areslim. A startup there needs to have a global customer base to stand a chance of making revenue, let alone equity growth.
acdha 8y ago
Why is that not done at a tiny fraction of the cost using PKI? None of the parties are secret and there’s a clear line of ownership for every bit of information. What does a blockchain add other than scaling challenges and the opportunity to create an irrecoverable HIPAA violation?
noelsusman 8y ago
We're only required to share the history of care you have with us, which is easily achieved with a standard database. We communicate with other providers using standard protocols that are implemented by every EHR system. I struggle to think of a use case for this in healthcare.

marcus_holmes 8y ago

ahh, I see... so more like speculative R&D, developing a technology to the point where it's saleable to a larger organisation. So there's no need for a customer problem to solve, it's just about building enough capability with the tech to become acqui-hirable, is that right?

pryelluw 8y ago
To a point. I cant comment on regards to this being the goal of the company above. We should consider the following: A startup can have a product offering and also be the product itself.
- marcus_holmes 8y ago
  not sure that works in many places outside Silicon Valley. I've been working in the startup scene in Perth, Western Australia, for years now, and the opportunities for getting bought areslim. A startup there needs to have a global customer base to stand a chance of making revenue, let alone equity growth.

acdha 8y ago

Why is that not done at a tiny fraction of the cost using PKI? None of the parties are secret and there’s a clear line of ownership for every bit of information. What does a blockchain add other than scaling challenges and the opportunity to create an irrecoverable HIPAA violation?

noelsusman 8y ago

We're only required to share the history of care you have with us, which is easily achieved with a standard database. We communicate with other providers using standard protocols that are implemented by every EHR system. I struggle to think of a use case for this in healthcare.