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Blockchain is a distributed and immutable record of digital events in a chronological order that is shared in a peer-to-peer network. Many in healthcare are excited about blockchain's potential for data security and exchange. Its open and decentralized nature could lend itself well to managing health records and proving identity, and could be used for use cases as diverse as revenue cycle, supply chain and clinical trial management. Healthcare has taken interest in blockchain in a big way and is expected to continue innovating and investing in the technology in the near future.