Digital Asset enters healthcare as blockchain questions grow

Masters’ firm quietly moves beyond finance; works with PNC Bank

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Thinking ahead: Digital Asset has been looking for opportunities in healthcare since at least last year

Digital Asset, the blockchain start-up headed by JP Morgan alumnus Blythe Masters, is looking for opportunities to deploy its distributed ledger technology (DLT) in healthcare – a move the firm has sought to keep under wraps, amid growing scepticism about DLT applications in financial services. One of Digital Asset’s best-known projects, at Australian exchange group ASX, is facing challenges.

An insider at Digital Asset says the firm could find uses in healthcare for 60–70% of its work in finan