U.Today Franchise
F2Pool
0
📰 News
256 views

Fantom’s Healthcare Framework to be Used in Afghanistan

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • Vladislav Sopov
    📰 News

    Social problems of developing countries are among the most significant use-cases for blockchains. Korean-based start-up Fantom will upgrade Afghanistan’s healthcare.

Fantom’s Healthcare Framework to be Used in Afghanistan
Cover image via 123rf.com
Contents

The Fantom Foundation recently announced a new partnership with the government of Afghanistan. Within its framework, major aspects of the country's public health system will be reconsidered with a blockchain-based approach.

Problems and Solutions

Afghanistan's Ministry of Public Health will utilize Fantom’s smart contract architecture in various crucial public health initiatives. Counterfeit drugs, blockchain-based medical records, and electronic patient records will be the first use cases.

Counterfeit drugs problems remain a great challenge for developing countries in the pharmaceutical industry. In accordance with the official statistics from the World Health Organization (WHO), 10% of the medical products in the developing world are substandard or falsified, resulting in higher mortality rates.

With Fantom's blockchain-based supply chain solution, each drug will be marked with a unique hash and recorded on the blockchain. This labeling will provide increased transparency and traceability, enabling the Ministry of Public Health to track pharmaceuticals from the manufacturer to the patient.

Healthcare Information on Blockchain

The next step will be implementing blockchain-based data storage services to the sphere of medical statistics. Today, a patient's medical history is often fragmented with patient sensitive information distributed across multiple hospitals and other healthcare providers. Sharing records between providers can be challenging and ultimately compromise the speed and quality of care.

In accordance with the press-release shared with U.Today, the Fantom Foundation will work with the Public Health Ministry on developing of a single record-keeping solution to serve the people of Afghanistan. 

This collaboration will be the first-ever blockchain-based technology environment deployed by a governmental body in Afghanistan. While many enterprise implementations utilize private or approved blockchains, Fantom is a public blockchain, allowing anyone to see how the data is being transferred and utilized.

It should be pointed out that developing countries are using highly anticipated blockchain solutions because of their accessibility, low costs, and transparency.

👉MUST READ

Ripple's XRP to Be Used for Cross-Border Payments in Southeast Asia, Latin America, and Africa

Ripple's XRP to Be Used for Cross-Border Payments in Southeast Asia, Latin America, and Africa

Have you ever heard about blockchain-based healthcare solutions? Join the discussion on Twitter!

Subscribe to U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!

About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Recommended articles
CLOUD MININGPromoted
0
📰 News
1458 views

Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • Alex Dovbnya
    📰 News

    The Bitcoin price could soon touch $7,800 if bulls persist, but this move could be a short-lived one

Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls
Cover image via u.today

Popular crypto trader Wendy O recently predicted that the price of Bitcoin would "rocket up" if it managed to surge above the $7,400 level. 

Bitcoin Price
image by @CryptoWendyO

Shortly after that, the BTC price did rise above the aforementioned level, currently sitting at $7,444, according to CoinStats data

Bitcoin Price
image by coinstats.app

If the aforementioned forecast turns out to be accurate, Bitcoin traders could soon see another fakeout, which would be similar to the one that took place on Dec. 4. As reported by U.Today, BTC printed a massive green candle in less than a minute, but this unexpected pump quickly evaporated.     

👉MUST READ

Tim Draper Says His $250,000 Bitcoin Price Prediction Is Not Based on Halvening

Tim Draper Says His $250,000 Bitcoin Price Prediction Is Not Based on Halvening

Earlier today, multiple traders predicted that Bitcoin was about to make a big move in either direction, but $7,800 seems to be the main area of interest for them. The leading cryptocurrency hasn't touch this level since Nov. 30. 

The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

Recommended articles
CLOUD MININGPromoted