These days it has become an increasingly uphill task for many people to pay their health bills. If not controlled, it can lead to an increase in mortality rate in the near future. But what is responsible for this startlingly unimpressive increase in health care price hike? Recent research has listed an increasing aging population, new advances in medicine and rising costs as the ultimate factors responsible. There are several ways by which this vital issue can be tackled but I will delve into the solution brought up by CUREStoken because of my interest in blockchain proposed solutions.
Cost of healthcare services becomes increasingly high due to its centralized nature. But when spliced and decentralized, the healthcare system brings several stakeholders together with different roles to play including health app developers, medical equipment suppliers and medical service providers as well as the patients themselves. These stakeholders can utilize the innovation that blockchain technology brings to pool resources together and reduce costs while breeding a healthy competition within the system.
To actualize their goals CUREStoken ecosystem will rely on 6 main foundations.
Health Apps Store (Known as HAPP Store): Apps created in the store will be geared at improving eyesight basically. The platform welcomes developers to list their apps for free. An endorsed app; the vision – software for colour blind people is currently available in the store and it can be purchased using the CURES’ CRS tokens.
E-Health Records: Electronic health records enables patients to wield power over their own data. They can engage in online consultations and get the best opinions without ever having to bother about leaving the comfort of their current location thereby reducing time wasted on waiting lists which can further compromise the health of an already ailing patient. With the patient’s data in their control, they can even choose to make money by selling it for medical examinations and surveys.
Health Assurance Platform: CUREStoken will provide a future contracts idea that can be custom-made or generic allowing providers of medical services to offer the contracts at discounted rates. The platform will enable patients and medical service providers the chance to buy and sell the contracts as a means to utilizing scarce resources
Marketplace and Review Platform: Just like browsing through your favourite online stores and going through product reviews before initiating a purchase, patients and medical practitioners can leave reviews on the marketplace upon successful completion of a transaction via the blockchain. New and returning visitors on the platform can browse through several lists of medical service providers from all around the world and pick the best health provider using the objective opinions from the reliable trust review system.
Trading Platform: By providing a simple and interactive medium for conducting sales, owners of medical equipment supplies can sell their items either by wholesale to clinics and hospitals or sell directly to patients and other traders. This will help reduce costs and also remove the need for complicated supply chain bottlenecks.
Charitable Trust Fund: There are some regions in the world today that lack access to basic health facilities and despite the efforts of NGOs and other charitable organizations, it is still not enough to cater to the health needs in those 3rd world areas. The charitable trust fund will operate as a standalone legal organization that is funded using 5% of the total CUREStoken total supply and other voluntary contributions to finance major charitable projects targeted at supporting healthcare developments in the most healthcare-deprived areas in the world
Author - Coltpython
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