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Modeling Barriers to the Adoption of Blockchain Technology in the Indian Healthcare Sector: An Integrated Fuzzy-Dematel Approach

In: Digital Economy Post COVID-19 Era

Author

Listed:
  • Anam Fatima

    (Aligarh Muslim University)

  • Saboohi Nasim

    (Aligarh Muslim University)

Abstract

Blockchain is an Internet-level revolution. The Internet solves information and communication problems but cannot cater to trust and intermediaries’ issues. Blockchain is the solution to these. The implementation of blockchain technology in India’s healthcare industry is still in its infancy, with a few pilot projects and initiatives being undertaken by start-ups and government agencies. These projects aim to leverage the secure and transparent nature of blockchain to address challenges such as data privacy, interoperability, and fraud prevention. However, there are also concerns about the high costs of implementation and the need for regulatory frameworks to govern the use of blockchain technology in the healthcare sector. Overall, while the potential of blockchain in healthcare sector is promising, its widespread adoption in India’s healthcare system is likely to be a gradual and ongoing process. Using the Fuzzy-DEMATEL methodology, this research paper seeks to identify and model the barriers to blockchain technology adoption in India’s healthcare industry. Originality/value: Blockchain technology in healthcare is in a nascent stage. This study outspreads the knowledge base by recognizing and further prioritizing the significant barriers that need to be overcome to adopt blockchain in India’s healthcare sector effectively.

Suggested Citation

  • Anam Fatima & Saboohi Nasim, 2023. "Modeling Barriers to the Adoption of Blockchain Technology in the Indian Healthcare Sector: An Integrated Fuzzy-Dematel Approach," Springer Proceedings in Business and Economics, in: Prashant Mishra & Ashu Sharma & Sayantan Khanra & Sumit K. Kundu & Sushanta Kumar Mishra (ed.), Digital Economy Post COVID-19 Era, chapter 0, pages 147-167, Springer.
    • Handle: RePEc:spr:prbchp:978-981-99-0197-5_9
    DOI: 10.1007/978-981-99-0197-5_9
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