Enhancing Healthcare System Using Blockchain Smart Contracts (2202.07591v1)

Abstract: The concept of blockchain has emerged as an effective solution for data-sensitive domains, such as healthcare, financial services, etc., due to its various attributes like immutability, non-repudiation, and availability. Thus, implementation of this technology in various domains rose exponentially; one of such fields is the healthcare supply chain. Managing healthcare supply chain processes effectively is very crucial for the healthcare system. Despite various innovations in the method of treatment methodologies, the healthcare supply chain management system is not up to the mark and lacks efficiency. The traditional healthcare supply chain system is time-consuming and lacks the work synergy among the various stakeholders of the supply chain. Thus, In this paper, we propose a framework based on blockchain smart contracts and decentralized storage to connect all the supply chain stakeholders. Smart contracts in the framework enforce and depict various interactions and transactions among the stakeholders, thus helping to automate these processes, promote transparency, improve efficiency, and minimize service time. The preliminary results show that the proposed framework is more efficient, secure, and economically feasible.