Question

What are the behavioural economics issues when implementing a healthcare system on blockchain solution? Discuss in detail from the standpoint of both the healthcare professionals and patients.

Answer 1

The behavioral economics issues when implementing a healthcare system on block chain solution means a solution of step-by-step and a complete procedure beat solution as per the behavioral economics concept and the behavioral economics working basically what are the block chain solution all the necessary steps should be taken to assign each and everything as per the planning and as per the pre-assigned task and after the approval of a particular alternative then all the procedure is followed.

Behavioral economics is a part of economics which is used by the user to know human psychology, therefore the concept of economics is related to decision making efficiency.

In the healthcare system, both behavior Economics and Block chain solutions are important and effectively implemented because a stepwise step solution is important to solve any medical issues and therefore it is important to understand the frequency of solutions that is applicable as per the planning.

Behavior economics helps in the understanding of patient track records in the history of medical compliances and when it is applicable in the Block chain solution system then it is systematically arranged as per the planned and organized system