Analyzing the Prospects of Blockchain in Healthcare Industry

Abstract

Deployment of secured healthcare information is a major challenge in a web-based environment. eHealth services are subjected to same security threats as other services. The purpose of blockchain is to provide a structure and security to the organization data. Healthcare data deals with confidential information. The medical records can be well organized and empower their propagation in a secured manner through the usage of blockchain technology. The study throws light on providing security of health services through blockchain technology. The authors have analyzed the various aspects of role of blockchain in healthcare through an extensive literature review. The application of blockchain in COVID-19 has also been analyzed and discussed in the study. Further application of blockchain in Indian healthcare has been highlighted in the paper. The study provides suggestions for strengthening the healthcare system by blending machine learning, artificial intelligence, big data, and IoT with blockchain.