Solve.Care Unveils Their Blockchain Telemedicine Platform

Solve.Care Unveils Their Blockchain Telemedicine Platform
May 26, 2020


The cryptocurrency market remains range-bound with slight bullish bias. However, Bitcoin (BTC) is still struggling to cross above $10,000 level. In fact, it is now struggling to stay above $9,000. At the time of writing this article, Bitcoin was trading at $8,850, almost flat compared to yesterday. Ether (ETH) and XRP are also trading almost flat at $203.25 and $0.1958, respectively. Other major altcoins which have gained in the past 24 hours include ChainLink (LINK-$3.85, 0.5%), Cardano (ADA-$0.0531, 2.8%), OKB (OKB-$5.01, 1.3%), Stellar (XLM-$0.0658, 2.1%), Bitcoin Cash (BCH-$229.15, 1.6%), Cosmos (ATOM, $2.59, 3.8%), LEO (LEO-$1.15, 0.1%), Ethereum Classic (ETC-$6.76, 1.3%), Dash (DASH-$73.45, 1.6%), Tezos (XTZ-2.74, 2.2%), Binance Coin (BNB-$16.30, 1.1%), EOS (EOS-$2.53, 0.9%), IOTA (IOTA-$0.1971, 2.8%), Tron (TRX-$0.0146, 1.2%), Huobi (HT-$3.88, 1.1%), Litecoin (LTC-$42.79, 0.8%) and Monero (XMR-$61.35, 0.8%).

Government level initiatives

The parliament of Albania has approved a bill to regulate cryptocurrencies

Albania’s parliament has approved a bill to regulate cryptocurrencies. The bill, now a law, titled “On Financial Markets Based on the Technology of Distributed Ledgers,” was first tabled with the Committee of Economy in October 2019. The parliament approved the bill with 88 votes in favor, 16 in opposition to, and 3 abstentions.

Introduced by Albania’s Minister of Finance and Economy, the law is intended to oversee licensing of all cryptocurrency-related activities in the country. Other than cryptocurrencies, the regulation will also track all framework under which DLT technology functions.

Denaj gave his opinion on the bill that would be voted in the Parliament: “The draft law aims to regulate the conditions for licensing, exercising the activity of operators and stock exchanges and supervising them, as well as preventing abusive practices in the market, where severe fines are stipulated for anyone who violates the provisions of the law.”

The minister pointed out that the bill intends to make “the best use of the benefits offered by technology,” while addressing a series of potential threats. This includes the launch of dubious schemes guaranteeing virtual asset rewards, or the risks of using cryptos for money laundering, funding of terror, or even price rigging in the market.

Albania is the third European country, after France and Malta, to set up a legal infrastructure for cryptocurrencies.

Private sector initiatives

Chinese media enterprises collaborate to launch a blockchain-powered news department

Twelve media organizations in China, including newspapers, television stations, radio stations, and web media, have joined together to set up a “blockchain-powered news department.” The organizations utilize a blockchain technology-based platform for sharing of content through the platform. The consortium, referred to as “The National Department of Blockchain News Editing,” shares more trustworthy info and traceable news and media records that are stored as blocks on a blockchain network.

The media companies that have formed the department are Beijing Time, Shanghai Poster Industry Group News, Guizhou Daily Tianyamn News, Hubei Radio, and Yunbao News.


Solve.Care introduces the blockchain-powered Global Telehealth Exchange

Solve.Care, a healthcare-focused startup, has unveiled a blockchain-powered remote medicine platform that will permit users to get advice from medical practitioners across the globe. It is referred to as the Global Telehealth Exchange (GTHE).

GTHE also facilitates telemedicine. That means physicians can publish their profiles, availability, rates, and then start accepting appointment requests. The platform was structured to function without prohibitions, thereby enabling third-party telehealth solutions to utilize its registry. The service can be accessed via the Care.Wallet healthcare administration platform and will be made available for users in some countries later this year.

After receiving approval from the user, doctors who offer their services through the platform will be able to study the patient’s historical medical documents. This avoids performing the same kind of assessment several times. It also assists in avoiding doctors from carrying out unwanted medical tests.

All the medical documents and dealings are conducted on the platform using the SOLVE token and are saved on-chain to guarantee that the info is tamper-proof.

Solve.Care CEO, Pradeep Goel underlined the importance of telemedicine: “The Covid-19 pandemic has severely tested the way healthcare systems are organized and delivered from a number of perspectives. Now, more and more patients are reluctant to visit their doctors due to the pandemic. Medical practitioners who are not primarily involved in treating Covid-19 cases have experienced a significant drop in patient appointments. The launch of Global Telehealth Exchange is geared towards remedying this imbalance.”


A blockchain and AI campus to be established in Daegu

An agreement has been signed between South Korea’s Suseong University and Korea Artificial Intelligence Association (KORAIA) to establish a blockchain and AI campus in Daegu. The agreement once again demonstrates South Korea’s friendly approach towards the blockchain sector.

The Daegu-based university intends to educate about big data, AI, and cloud-based technology in the new course, which will start accepting students by 2021.

Kim Kun-woo, director of the Planning and Coordination Division of the university, appreciated the announcement. He pointed out that enormous change is happening all over the world due to the arrival of the blockchain and AI-based community. Many of the Daegu-headquartered blockchain firms have decided to provide training and real-world experience programs in the campus.

Disclaimer: Any financial trading analysis offered here is our opinion and is not intended as advice or direction for investors. We cannot guarantee the success of any trades made as a consequence of this article, and we encourage traders to incorporate a strong money management strategy to limit losses when they enter the markets. Please use this article as part of your own research before formulating strategies prior to trading.

Ian Maguire

Ian Maguire

Ian is our resident contributor to the latest going ons in the cryptomarket, keeping up to date with the latest icos and coins

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