An Adaptive Decision-Making Approach for Better Selection of a Blockchain Platform for Health Insurance Frauds Detection with Smart Contracts: Development and Performance Evaluation

Abstract: Blockchain technology has piqued the interest of businesses of all types, while consistently improving and adapting to developers and business owners requirements. Therefore, several blockchain platforms have emerged, making it challenging to select a suitable one for a specific type of business. This paper presents a classification of over one hundred blockchain platforms. We develop smart contracts for detecting healthcare insurance frauds using two blockchain platforms selected based on our proposed decision-making map approach for the selection of the top two suitable platforms for healthcare insurance frauds detection application, followed by an evaluation of their performances. Our classification shows that the largest percentage of blockchain platforms could be used for all types of application domains, and the second biggest percentage is to develop financial services only, even though generic platforms can be used, while a small number is for developing in other specific application domains. Our decision-making map revealed that Hyperledger Fabric is the best blockchain platform for detecting healthcare insurance frauds. The performance evaluation of the top two selected platforms indicates that Fabric surpassed Neo in all metrics.