An Adaptive Decision-Making Approach for Better Selection of 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 business requirements. 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 the top two blockchain platforms selected based on our proposed decision-making map approach which selects the top suitable platforms for healthcare insurance frauds detection application. Our classification shows that the largest percentage of platforms can be used for all types of application domains, the second biggest percentage for financial services, and a small number is to develop applications in specific domains. Our decision-making map and performance evaluations reveal that Hyperledger Fabric surpassed Neo in all metrics for detecting healthcare insurance frauds.