Philips Healthcare has confirmed it is currently exploring potential applications for blockchain technology.
The company’s interest was first revealed in a tweet by Wayne Vaughan, CEO of blockchain-based record-keeping startup Tierion, who touted the service as a “first project” with the health care company, though no additional details were provided.
In statements, global IT innovation lead Arno Laeven was more subdued in his remarks, suggesting the two companies had worked together, but that there was nothing further to announce at this time.
Laeven told CoinDesk:
The news coincides with reports Philips is seeking to revamp its health care services following industry-wide growth issues and amid declining sales growth expectations.
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