HEALTHCARE

ConsenSys is leading the charge in the health care sector and building a blockchain based fraud detection and claim settlement platform. There is a growing concern in the Insurance industry about increasing incidents of fraud in Health Insurance claims. Insurers want to introduce appropriate checks and controls to check suspected cases at each stage of claim processing to identify fraudulent claims, which will be done with the use of smart contracts.Our blockchain based platform will allow all the stakeholders; Hospitals, Labs, Insurance Companies, TPAs and Patients to interact in a distributed and decentralized manner.