Study Findings from University of Texas Dallas Broaden Understanding of Health Informatics (A Blockchain-based Health Insurance Model Enhanced With Quadratic Voting): Information Technology – Health Informatics

2025 MAY 22 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Data detailed on Information Technology - Health Informatics have been presented. According to news reporting from Richardson, Texas, by NewsRx journalists, research stated, “The health insurance industry faces challenges like inefficiencies, fraud, lack of transparency, and limited customization. With its decentralized structure, smart contracts, and immutable records, blockchain technology offers a transformative solution by enhancing transparency and operational efficiency.”

The news correspondents obtained a quote from the research from the University of Texas Dallas, “This study proposes a blockchain-based health insurance model to improve transparency, fairness, and efficiency while addressing existing limitations. The proposed framework integrates smart contracts with quadratic voting (QV) and advanced validation techniques, creating a democratic, secure, and customizable insurance process. The model tailors personalized insurance plans to collective preferences using QV-based decision-making and dynamic pricing. Blockchain enhances trust and system reliability, while the inclusion of QV fosters inclusivity and fairness.”

According to the news reporters, the research concluded: “By combining blockchain’s decentralized architecture with QV, the proposed system overcomes the limitations of traditional insurance, offering a scalable, efficient, and equitable alternative that aligns individual preferences with societal health goals.”

For more information on this research see: A Blockchain-based Health Insurance Model Enhanced With Quadratic Voting. Health Informatics Journal, 2025;31(2). Health Informatics Journal can be contacted at: Sage Publications Inc, 2455 Teller Rd, Thousand Oaks, CA 91320, USA. (Sage Publications - http://www.sagepub.com/; Health Informatics Journal - jhi.sagepub.com)

Our news journalists report that additional information may be obtained by contacting Rasoul Ramezani, University of Texas Dallas, Richardson, TX, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1177/14604582251339422. 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.

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