Blockchain Architecture for the Healthcare Ecosystem

Kiran Garimella () and Kaushik Dutta ()
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Kiran Garimella: University of South Florida, School of Information Systems and Management, Muma College of Business
Kaushik Dutta: University of South Florida, School of Information Systems and Management, Muma College of Business

A chapter in Blockchain in Healthcare, 2023, pp 19-46 from Springer

Abstract: Abstract The healthcare industry presents special challenges as an ecosystem due to the nature of incentives and goals of the various participants such as patients, payers, hospitals, doctors, insurers, pharmacies, pharma companies, governmental bodies, and regulators. Despite its importance to the quality of life, it is plagued by inefficient processes, duplications, and delays. While blockchain is not a panacea for all of healthcare’s issues, it can go a long way in removing friction in data transactions, ensuring integrity of drugs and prescriptions, protecting patient data, making high-quality data available for research or case-based analysis, preventing fraud, and mitigating conflicting incentives. Blockchain’s native capabilities of consensus-driven record of data, immutability of data, smart contracts for fluidity in processing, and ensuring authorization-driven access (with immutable audit trail) are tailor-made for moving healthcare into the next generation of sophistication. We recommend an approach to blockchain architecture driven by the business requirements of the healthcare ecosystem that leverages these native blockchain capabilities. We discuss the components of flexibility, trade-off, and safety.

Keywords: Healthcare ecosystem; Blockchain; Architecture; Use cases; Success criteria (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-3-031-45339-7_2

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