ADDRESSING TRANSPARENCY VIS-A-VIS PRIVACY IN PORTABILITY OF HEALTH INSURANCE THROUGH BLOCKCHAIN

Abstract

A blockchain is a community ledger deal out in excess of a set-up that testimony operations (memorandums send commencing individual system knot to a further) carry out in the middle of network contributors. Every operation is confirmed by network nodes according to a mainstream agreement method prior to being added to the block chain. Recorded information is able to not be revolutionized or wipe away and the past of each operation can exist re-formed by the side of in the least time. Authors have been proposed a system using block chain mechanism for health insurance entails institution of burly procedures for health data collection and compilation right from grass root level. Recommended technique bestows the precise to the policyholder of health insurance to relocate the credit gained him for pre-existing conditions and time vault keeping outs in case he chooses to switch the insurance provider.