UML Conceptual Analysis of Smart Contract for Health Claim Processing

Abstract

Block chain and current economic scenario allow decentralization of data profile over peer to peer network. In this research work authors take the help of UML (Unified modeling language) to build a framework for health insurance claim processing that is using block chain to built smart contract. Smart contract application in health insurance industry incorporate user profile, electronic medical record, health insurance profile and linked bank agencies to automate claim settlement walk out on any third-party control. Smart contract is providing a promising solution to support insurance data validation over peer to peer transaction. Health insurance industry is untangling power of smart contract. Embedding UML analysis for block chain network build intelligence that showcase a conceptual processing of insurance data transaction. Though substantial research work in this regard is going on in numerous fields but still it needs more conceptual analysis before it’s real time implementation. So, in this experimentation authors pinpoint block chain basic UTXO (Unspent transaction output) and UML test bed analysis for smart contract in health insurance service. This meticulous research outcome is justified by factual analysis of block chain. Moreover, it is given with context aware sequence analysis of smart contract in health insurance.