Review Article

Analyzing the Prospects of Blockchain in Healthcare Industry

Table 1

Types of blockchain.

S.no.Type of BlockchainPurposeExample

1.PublicNon-restrictive, permission-less distributed ledger system.Bitcoin, Litecoin, Ethereum
2.PrivateOperating in closed network as restricted or permission based blockchain.Multichain and Hyperledger projects, corda.
3.ConsortiumSemi-decentralized type, greater than one administrator or organization has management rights to blockchain networkEnergy web Foundation, R3
4.HybridMixture of the public and private blockchain network. Using combination of feature of both types of blockchains enabling a private permission-based system and public permission-less systemDragonchain.