Implementing blockchain technologies for health insurance claim processing in hospitals

Abstract Blockchain is getting expanding consideration from academy and industry, since it is viewed as an achievement innovation that could bring advantages to a wide range of divisions. Insurance is one of the sectors that started to investigate the possibilities of blockchain. It can be utilized over the protection esteem bind because of its capacity to offer longvital advantages, for example, lower operational expenses as decreased duplication of procedures, diminished counter party dangers, expanded robotization of procedures, and secure and decentralized exchanges. Medical coverage: A blockchain that interfaces clinics, doctors, lab merchants and safety net providers could empower a consistent stream of well being data for improved endorsing and approving of cases. The protection business is vigorously reliant on numerous procedures between executing parties for starting, keeping up and shutting differing sort of arrangements. The major concerns involved in executing the claims are the time involved for processing and settlement and also security. The objective of our paper is to develop a blockchain based on health insurance claim processing system which will help insurance companies build a secure network which is free from tampering. It also aims to build the structure of an effective methodology for handling protection relevant exchanges dependent on a blockchain-empowered stage.