Part of what makes blockchain so attractive in healthcare is that decentralized consensus eliminates tampering and maintains data integrity. It also securely distributes information to all stakeholders.

Finnish company BioMensio, one of Espeo Software’s clients uses IoMT devices to test saliva samples for illicit substances. There are significant opportunities for blockchain technology for this and projects like it in the future. It would help the devices secure and seamlessly distribute data to laboratories, and law enforcement. Savings in administration and security costs will help healthcare companies shore up prof- its and help reign in overall healthcare spending.