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7 Thoughts on the Importance and Future of Blockchain in RCM

Kelly Gooch and Akanksha Jayanthi | Becker's Health IT & CIO Review | December 30, 2016

Blockchain is being put forward as a new means to potentially help solve interoperability challenges in healthcare. Blockchain technology is a permanent log of online transactions or exchanges. It emerged in 2009 as the foundation for trading the digital currency bitcoin. The entire log is duplicated across a network of computers. Users interactions on the network can add to the record of transactions...

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Blockchain, APIs Take a Stab at the Healthcare Revenue Cycle

Jennifer Bresnick | Health IT Analytics | October 27, 2016

Capital One is hoping to bring the blockchain and API tools to the healthcare industry by proving their value in the revenue cycle management arena. A pair of new partnerships between the financial services company and healthcare-focused startups aim to “reconceptualize” the claims management and patient payment processes, using blockchain and API technologies to reduce the time between service and collection...

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Chain Releases Open-Source Version of Chain Core Technology Powering Visa’s New B2B Connect

Giulio Prisco | Bitcoin Magazine | October 25, 2016

On October 21, 2016, Visa announced a new partnership with blockchain enterprise company Chain that will develop “a simple, fast and secure way to process B2B payments globally.” Dubbed Visa B2B Connect, the system will offer participating pilot financial institutions a consistent process for managing settlement through Visa’s standard practices...

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Visa Introduces International B2B Payment Solution Built on Chain’s Blockchain Technology

Press Release | Chain, Visa | October 21, 2016

Visa Inc. today announced a preview of Visa B2B Connect, a new platform that Visa is developing to give financial institutions a simple, fast and secure way to process business-to-business payments globally. Visa is working with Chain to build Visa B2B Connect using Chain Core, an enterprise blockchain infrastructure that facilitates financial transactions on scalable, private blockchain networks. Building on this technology, Visa is developing a new near real-time transaction system designed for the exchange of high-value international payments between participating banks on behalf of their corporate clients...

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