- XRP Healthcare is the first Pharma and Healthcare platform to be built on the XRP Ledger and will be investing in privately owned clinics, care homes, pharmacies, and hospitals through XRP Healthcare Africa
- These establishments will operate under one roof, with access to improved systems, doctors, and medical provisions that will utilize XRP Healthcare’s developing blockchain technology
- The patient will be at the centre of the healthcare ecosystem thanks to blockchain technology, which will also improve the security, anonymity, and interoperability of health data
In order to build a sustainable, first-rate healthcare network, XRP Healthcare has declared its entrance into Africa’s healthcare market through its subsidiary, XRP Healthcare Africa.
The move is aimed at providing easier access to healthcare services and medication in pharmerging countries and revolutionizing the healthcare industry.
XRP Healthcare is the first Pharma and Healthcare platform to be built on the XRP Ledger and will be investing in privately owned clinics, care homes, pharmacies, and hospitals through XRP Healthcare Africa.
XRP Healthcare Africa is poised to foster the creation of a better and more sustainable network through focused investments into privately owned healthcare-related establishments.
These establishments will operate under one roof, with access to improved systems, doctors, and medical provisions that will utilize XRP Healthcare’s developing blockchain technology, as well as its native token (XRPH) that is paired with (USDT) for sending and receiving payments.
The African healthcare market is estimated to be worth USD 259 billion by 2030, and its population is set to double between 2021 and 2050 to 2.5 billion people, further requiring a solution for quality private care establishments to deal with the changing nature of burden disease.
The international expansion comes at an opportune time, given the African Continental Free Trade Agreement (AfCFTA), which aims to standardize trade policies and programs for increased integration between African nations.
XRP Healthcare Aims to Create new Industrial Standands
XRP Healthcare Africa is partnering with selected Ministries of Health and Private Healthcare Professionals to deliver digital health, medical provisions, and sustainable growth throughout the private healthcare sector.
The company aims to create a new industry standard in the private African healthcare sector by combining pharma, crypto, and medicine to support existing systems’ upgrades and open up growth for premium digital health strategies fueled by the XRPH token.
XRP Healthcare Africa is establishing itself as a trailblazer in the African healthcare industry and seeks to resolve some of the prevailing challenges related to healthcare.
The company’s innovative investment strategy, international partnerships, and innovative payment system (XRPH) are positioning it to become a global leader in the industry.
By utilizing its technology and global partnerships, XRP Healthcare Africa aims to transform the private healthcare sector in Africa, providing more opportunities for everyone across the continent and changing the way people access healthcare.
Blockchain: Potential in the Health Care Sector
The patient will be at the centre of the healthcare ecosystem thanks to blockchain technology, which will also improve the security, anonymity, and interoperability of health data. By improving the effectiveness, disintermediation, and security of electronic medical data, this technology may offer a new paradigm for health information exchanges (HIE).
While not a cure-all, this brand-new, rapidly developing area offers favourable conditions for experimentation, funding, and proof-of-concept testing.
The real value of interoperability might be unlocked by a health information exchange powered by blockchain technology. Systems built on blockchain technology have the ability to do away with current intermediaries and their associated costs.
Blockchain’s potential has wide-ranging effects on all parties involved in the field of health care environment. Utilizing this technology possesses an opportunity to connect disjointed systems, produce insights, and improve the evaluation of care’s worth. A countrywide blockchain system for electronic medical records could, in the long run, increase productivity and promote patient health outcomes.
Other Companies revolutioning Health care using Blockchain tech
Patientory capitalises on this advantage by developing patient-focused apps and services, giving the business greater control over their health. With their innovative solutions, they can provide up-to-date medical records and data, outbreak tracking and reports, secure contact with verified healthcare staff, and much more.
Ever, which was founded in 2017, has modernised and equipped Thailand’s medical environment with a blockchain-powered, data-driven, patient-centric network. It provides unparalleled safety for all associated data and parties while allowing for close and easy contact with reliable parties — all on a flexible, future-proof, and scalable blockchain basis.
Curisium, which was acquired by HealthVerity in 2020, used blockchain to build a system for reward negotiation and contract administration.
Chronicled’s MediLedger Network uses blockchain technology to bring trading partners and healthcare organizations closer together than ever before. lacking the ever-present danger of communication and organisational breakdowns, there is now much more room for innovation and industry growth. Blockchain allows a new world of trust and collaboration by automating previously time-consuming processes and requiring more responsibility from all parties.
Read: Digital economy: the crucial role of blockchain technology in Africa