Findings from National Institute of Technology Provides New Data on Information and Data Security (Qfbn: Quorum-based Federated Blockchain Network for Healthcare System To Avoid Multiple Benefits and Data Breaches): Information Technology - Information and Data Security - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 17, 2024 Newswires
Share
Share
Post
Email

Findings from National Institute of Technology Provides New Data on Information and Data Security (Qfbn: Quorum-based Federated Blockchain Network for Healthcare System To Avoid Multiple Benefits and Data Breaches): Information Technology – Information and Data Security

Insurance Daily News

2024 APR 17 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Data detailed on Information Technology - Information and Data Security have been presented. According to news reporting originating in Tiruchirappalli, India, by NewsRx journalists, research stated, “Healthcare organizations are responsible for maintaining and auditing the claims received from policyholders or service providers. The traditional system of storing and auditing claims is centralized to the corresponding organizations.”

The news reporters obtained a quote from the research from the National Institute of Technology, “As the centralized auditing system does not allow the integration of the claims among different insurance organizations, an individual policyholder or a service provider may submit claims to more than one insurance organization to get multiple benefits. Multiple benefits can be avoided by collaborating with the authority of different organizations. However, collaborating different organizations raise the privacy and security concerns. Hence, in this article, we propose a quorum-based federated blockchain (QFBM) network, a privacy-preserving decentralized system to integrate health insurance claims of different organizations in a secure manner. The performance of the proposed QFBN framework in avoiding multiple benefits and providing privacy and security which is analyzed in terms of security incidents, mean time to detect, and mean time for vendors incident response are compared with the decentralized frameworks that developed for detecting healthcare frauds using blockchain.”

According to the news reporters, the research concluded: “Based on the empirical results, it is observed that the QFBN framework provided an environment with better security for exchanging healthcare information.”

This research has been peer-reviewed.

For more information on this research see: Qfbn: Quorum-based Federated Blockchain Network for Healthcare System To Avoid Multiple Benefits and Data Breaches. IEEE Consumer Electronics Magazine, 2024;13(2):24-35. IEEE Consumer Electronics Magazine can be contacted at: Ieee-inst Electrical Electronics Engineers Inc, 445 Hoes Lane, Piscataway, NJ 08855-4141, USA. (Institute of Electrical and Electronics Engineers - http://www.ieee.org/; IEEE Consumer Electronics Magazine - http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=5962380)

Our news correspondents report that additional information may be obtained by contacting Lavanya Settipalli, National Institute of Technology, Tiruchirappalli, India.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1109/MCE.2022.3188880. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

(Our reports deliver fact-based news of research and discoveries from around the world.)

Older

Patent Issued for System for providing a data market for health data and for providing rewards to data market participants (USPTO 11942195): Humana Inc.

Newer

New Machine Learning Study Findings Recently Were Reported by a Researcher at Birmingham City University (A Comparison of Generalised Linear Modelling with Machine Learning Approaches for Predicting Loss Cost in Motor Insurance): Machine Learning

Advisor News

  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
  • Are families ready for the costs of aging at home?
More Advisor News

Annuity News

  • New class-action lawsuit targets Delaware Life over annuity disclosures
  • A client remarried: Does their annuity still fit?
  • Gen X and millennials seek new retirement model
  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
More Annuity News

Health/Employee Benefits News

  • NABIP urges Congress to address underlying healthcare costs
  • Understanding health insurance: What fraud, waste, and abuse mean for your healthcare
  • Fairview sues UnitedHealthcare over 2027 Medicare plan info
  • Women can face challenges in obtaining LTCi
  • Health affordability task force considers utility model
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Life insurance applications rise 15.2% in September, MIB reports
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • What ‘above and beyond’ means for today’s advisor
  • AM Best Maintains Stable Outlook on Indonesia’s Non-Life Insurance Segment
  • Owings Mills insurance agent pleads guilty to stealing more than $100,000 in life insurance commissions
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.