Analyzing the Factors Influencing in Blockchain Innovation in Health Care

Abstract

One sector in which blockchain technology is anticipated to have a significant impact is the healthcare sector. Researches expanding its applications to use cases outside of the financial sector has been ongoing.  Since research in this field is still relatively new but expanding at a rapid rate, researchers and practitioners in the field of health informatics are always having trouble keeping up with the latest developments in research in this area. This paper presents findings from an analysis of the factors that are influencing blockchain innovation in the health care industry as well as a review of the research that is currently being conducted regarding the application of blockchain technology in the medical field. The review shows that different studies have come up with different ways that blockchain technology could be used in healthcare. Even so, there aren't enough prototype implementations or studies to figure out how well the proposed use cases work. This study gives more information about where blockchain applications for the healthcare industry are at the moment, as well as their limitations and possible new areas of research. Because of this, more research is still needed to better understand, describe, and evaluate blockchain's use in the healthcare industry. The main aim of this research is to identify factors which influences from blockchain. SPSS analysis has used for analysis using discriminant analysis followed by path analysis.