Blockchain and bitcoin go together like peanut butter and jelly, but blockchain and healthcare are more like peanut butter and pickles. The technology has immense potential, but it should be approached with caution, said industry experts at The Blockchain Summit hosted by Health Tech Austin on Wednesday.

Blockchain is essentially what it sounds like — a network of records, or “blocks,” of transactions that are recorded both chronologically and publicly. It’s the technology that enables cryptocurrency transactions.

It’s also part of the new digitalization of the healthcare industry that started back in 2009 with the shift toward electronic health records.

“Traditionally, healthcare has been an industry that has adapted to technology in certain areas very quickly,” said Anjum Khurshid, director of data integration at Dell Medical School, at the summit.

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