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How companies are using blockchain technology to decentralize healthcare

5 min reading

Blockchain will topple the healthcare community at the forefront, with a decentralized model that can increase the speed of discovery and treatment.

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When high-quality health research is available, medical staff can work together more effectively to prevent disease by providing people with a better quality of life overall. During the Covid-19 pandemic, many people around the world have found that the response to this particular disease is no match for the other health problems plaguing the world. This raises questions like, “Why did researchers and scientists manage to develop a vaccine in 3 months? How have researchers from around the world managed to come together for a common goal? And "what motivates you to finish faster than ever?"

The answer is seen - in part - by national bureaucracies and guidelines that currently maintain patient health data and therefore limit the information available to global researchers to use, compare, and exchange. Providing solutions that will unlock data at such a scale could mean that, for the first time in history, researchers can work together against all of the major modern diseases affecting the world today, rather than in the isolated pockets they do now. Moreover, when looking at today's healthcare industry, there is also a huge discrepancy in global standards and affordability, especially for those in less-reached areas. As a result, many are unable to get the help they need, or they neglect health care altogether for reasons of cost.

The CURE chain will strengthen these efforts in what Jacob Beckley, founder and project manager describes as a “dynamic NFT-based blockchain”, where researchers can access large amounts of data. This data is obtained from the community through the power of NFT. In practice, "individuals may provide anonymous health information, test results, conditions, etc." The incentive for patients is, as the founder explains, "the more data they provide, the more they are personally valued." The key here is that the data remains anonymous and only key indicators and medical histories are collected so there is no risk of abuse. The team asked the community this question: "If researchers have paid huge sums of money to access data, why not pay upfront and reward those who provide it?"

Opinions on the healthcare initiative divided into two:

  • Future health
  • Through a man’s vision

future health

Unlike most projects that started first as a company and second as a charity, CURE is positioned primarily as a charity. This project is supported by the Beckley Foundation, a non-profit organization that supports people with childhood cancer. Its chairman, Jacob Beckley, is also in charge of the CURE project. Jacob continues to maintain his reputation for not sitting still; Instead, he spends hours working with his dedicated team of 85 people, including volunteers. Since then, the team has been pushing CURE Chain as the future of the CURE token and the concept of decentralized health and research.

Results from the CURE chain will speed up drug detection and treatment. At the same time, patients who contribute to the provision of data can be rewarded for their contribution at an unlimited cost. Then it was said that the future utility of CURE would be the currency that would allow access to this invention. CURE can be traded or donated to those in need to give them access to equal, high-quality healthcare wherever they are. The team believes that if implemented, it could be one of the greatest balancing drugs ever, an opportunity to give everyone on earth the help they need and ring the death knell for today's health barriers.

Through a man's vision

Although the project started out as someone's vision, it quickly became an overarching movement based on access, decentralization, and quality of healthcare. The project continues to develop at a favorable pace, also due to the transparency and originality of the project.

To continue its growth, CURE has announced several exciting events to expand its reach. These options include sponsoring and packaging a NASCAR-enabled car for the Daytona 500 early next year, involving influencers and ambassadors, a cryptoExpo in Miami (with matching ads at bus stops across the city) and a trip to Puerto Rico, to meet major investors and make additional donations to charity. The effort resulted in more than $300,000 in charity raised in 45 days, a staggering 9,000% increase and a daily high of $1 million.

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