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The Inter-Organizational Environment of Blockchain in Healthcare: The State of Blockchain Healthcare Consortia

In: Blockchain in Healthcare

Author

Listed:
  • Trinh Nguyen-Phan

    (University of British Columbia, The School of Information)

  • Chang Lu

    (University of British Columbia, The School of Information)

Abstract

Investment and attention to blockchain burgeoned since 2019 and healthcare is one active industry experimenting with this novel technology. Among the projects in the healthcare blockchain sphere, the most prevalent theme is the booming of healthcare blockchain consortia. To explore the growing partnership activities in the healthcare blockchain sphere, we conducted a content analysis of collected archival data from public sources to address two research questions: What are these healthcare blockchain consortia and what are the potential benefits and challenges to these consortia? We found that healthcare organizations activities in forming consortia are largely unstructured. Information about their members, visions, objectives, and agenda is fragmentary, elusive, and sometimes confusing; most consortia are small size with less than or equal to 5 members and most organization join one consortia. Insights from strategic alliances and the emerging blockchain governance literature suggest that these consortia might face several organizational challenges to mature, especially when they are not prepared for the novel decentralized governance of blockchain consortia.

Suggested Citation

Handle: RePEc:spr:fuobcp:978-3-031-45339-7_9
DOI: 10.1007/978-3-031-45339-7_9
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