Too Long; Didn't Read
Clinical trials are a growing cross-section of modern medicine and pharmaceuticals expecting significant growth in the coming years. The valuation of global clinical trials is $44.3B in 2020, with projected growth of 5.7% annually until 2028. Clinical trial startups are attempting to fine-tune the use cases for blockchain record-keeping. We looked at several projects and their technique to tackle the complexity of personal and medical data with the technical strengths and weaknesses of blockchain technology. In the future, safety precautions and stricter tracing may be the hallmarks of post-Covid trial organization.