Intelligent Decision Making with Block chain in healthcare industry
Rishiraj Roy, Samaya Pillai · 2022
Blockchain technology is one of the most path-breaking achievements of the twenty-first century, and it is being used in almost every industry. Blockchain technology continues to revolutionize and change the world. Countless opportunities can be created by this technology, as it is not so complicated at its roots. The Peer-to-peer connection is the best part of this technology up till now. In the Healthcare industry, many loopholes are directly connected to a patient's life directly or indirectly. But this highly encrypted technology has the potential to solve these problems. Hence this study tries to address the gaps by proposing conceptual models for understanding how Blockchain technology can solve all the critical issues like faulty medical diagnosis, legal compliance, and fraud currently present in the healthcare industry. This study provides implications to practitioners to study and develop new Blockchain technology-based healthcare management application and supply chain management systems such that they can directly impact patient's life and solve the loopholes currently present to the society as it will help improve the drawbacks of the healthcare industry, therefore, leading to more safe healthcare options. This study would omit patients' critical medical information and supply chain management-related gaps in the healthcare system by using this technology. This paper will illustrate conceptual models of a blockchain-based healthcare management application and a supply chain management solution blockchain - backed, also this paper shows how these new implementations might improve the industry/system.