Understanding the Implications of Hyperledger Fabric Blockchain Adoption for Healthcare Supply Chain Management: Bangladesh Perspective

Abstract

Abstract

The blockchain technology is likely to become a buzzword of the new IoT applications within the framework of Industry 4.0. This technology has the probabilities of a huge success in Bangladesh especially in healthcare as it involves enhanced patient satisfaction together with the option of integrating several systems to enhance the EHR. This study is centered on the Hyperledger fabric blockchain technology within the sphere of Health Care SCM system in Bangladesh which is more secure and efficient blockchain. The current status of the health care system in Bangladesh is rather disadvantageous and affected by the lack of transparency in supply chain and excess stock. This research aims at identifying how the permissioned blockchain framework of Hyperledger Fabric can address such challenges by enhancing the degree of transparency, data confidentiality/interconnectedness, and reduced costs of time consumption. In this research, theoretical analysis assists in giving the proposed theoretical framework of Hyperledger Fabric in the context of Healthcare of Bangladesh. The research work, which includes the administration of questionnaires and interviews on the use of blockchain in the healthcare delivery chain with healthcare practitioners, administrators, patients and other stakeholders, establishes perceived suitability of blockchain implementation across various sectors of the healthcare system. The study suggests several advantages associated with Hyperledger Fabric implementation concerning supply chain management, as well as reducing excessive spending on medical supplies and increasing the efficiency of the delivery process, as well as secure storage and supply chain traceability. The research also identifies the key concerns that hinder the adoption of blockchain technology in a developing country and offers recommendations to the policymakers and stakeholders to adopt the technology solutions.