With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, CURES healthcare network which was invented to provide basic and extensive healthcare services to everyone in need of it has arrived.
"Blockchain technology is one of the most important and disruptive technologies in the world. Multiple industries are adopting the blockchain technology to innovate the way they function. One of the industries that are looking to adopt the blockchain is the healthcare industry.
To date, blockchain in health care has mostly been used for audit trails and payments for value-based care. However, it has the potential to be used for much broader applications, especially given the rapid emergence of the internet of medical things (IoMT). Blockchain may soon allow smartwatches and smartphones to load clinical information directly to the clinical record.
The healthcare industry is plagued by inefficiencies, errors, bureaucracy, and high administrative costs.
Blockchain could help solve some of the industry’s most pressing compliance, interoperability, and data security issues, as well as enable new patient-centric business models. But unlocking blockchain’s potential for healthcare will be a slow process, and change is unlikely to come fast."
With that being said, CURES token has been forged out of a desire to help address this problem, by decentralizing the health care system, empowering patients, Health App developers, Medical Service Providers and Equipment Suppliers, embracing innovative technology in order to reduce costs and maximize scarce resources within the sector, creating near virtual competition, capitalizing on synergy which in turn adds value to all relevant stake holders.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is CURES?
As said earlier, CURES token has been forged out of a desire to decentralize the health care system, empowering the patients, Health App developers, Medical Service Providers and Equipment Suppliers but as indicated above, CURES healthcare network was invented to provide basic and extensive healthcare services to everyone in need of it. They have a state of the art equipment to improve healthcare services thus bringing satisfaction and improving the health of everyone.
In addition, CURES network aims to eradicate current extortionate price healthcare agencies charge to provide medical services to the ill, in most advanced countries healthcare providers fees are too high for individuals earning not very much. CURES is integrated with the blockchain technology to empower patients, make available scarce resources, and provide quality healthcare.
The vision of managing this change is to empower all stakeholders through the use of innovative technology such as blockchain and smart contracts, resulting in more options and choices: transcending borders, nurturing a transparent and trusted review system, allowing better and more informed decisions.
Before we take a step forward into shedding some light on The Cures Ecosystem, let's take a little detour into The Benefits of CURES(WHY CURES STANDS OUT):
There are several advantages to such a concept, some of which we have highlighted below:
Hedging against inflation
Should the CUREStoken rise in value, they could trade the contracts later for higher price.
As an example if you are buying a provision for services for a future date worth 1000 CUREStokens say for 750 CUREStokens at current prices this buys you for instance 1000 USD of medical services at a future date. Should there be a rise in the CUREStokens this could result in the patient receiving a greater worth of medical services.
Assurance element - by purchasing a contract now you are assuring future access to medical services at a discounted price.
Contracts must be transferable to encourage trading, or there can be different forms and sorts of contracts or vouchers between the actors in the CUREStoken ecosystem.
Relatives can be provided now, for future medical care.
Patients that travel abroad, by purchasing future contracts can guarantee quality care.
Expats abroad are better able to guarantee care from other countries.
Can assist with cash flow.
A way of raising funds interest free.
Guaranteeing future work.
Attracting new patients through offering preferential rates to the CUREStoken community.
Should the CUREStoken rise in value, the clinic has the option to outsource the contract.
As the clinics (MSP) can cooperate amongst themselves, this promotes the max imisation of scarce resources, as an example if a clinic buys an innovative laser that halves the costs of the operation; it would be expedient for such clinics to undertake the work capitalising on this innovation.
Additional added value that can be derived from additional services needed to execute the contract, i.e. an ex-ray or a scan that is not included and needs to be paid by the patient on the spot.
Through word of mouth and positive reviews, potential to increase clients.
CURES healthcare initiative is centered on six (6) major themes namely: HAPP store, electronic healthcare records, health assurance, market place and trust review platform, trading platform, and charitable trust fund.
About The Cures Ecosystem
This provides applications to enhance eyesight, vision, quality of life of their patients while software developers with quality healthcare applications can get them listed within the Happ store. Happ store will be a one-stop shop for all things healthcare, the application is user-friendly and very easy to navigate.
ELECTRONIC HEALTH RECORDS
This gives patient’s accessibility to their medical records without any hiccups, patients can also control and sell their data at their discretion. The current issue of missing records and delay in getting their statistics will all be a thing of the past.
The advanced future agreements permits for both precise agreements and generic agreements. Medical Service Providers (MSP) are advised to provide these agreements for a reduction, in return for payment, in turn, generating supplementary worth, permitting both patient and MSP the chance to buy and sell these agreements in order to maximize their scare resources.
MARKETPLACE AND TRUST REVIEW PLATFORM
The marketplace and trust review platform will ensure that patients no longer have to bother themselves with the issue of who or where to get healthcare checkups, they can browse for medical professionals from there comfort of their homes.
The CURES trading platform will eradicate exorbitant charges and fraudulent behaviors of intermediaries by providing a state of the art sales channels for patients, clinics, hospitals, pharmacies, and vendors to get medical supplies they need from Medical Equipment Suppliers directly.
CHARITABLE TRUST FUND
Distinct permissible unit, backed with 5% of the total token supply and intended donations by token users. To be used as an investment mechanism for benevolent developments envisioned at cultivating world healthcare in depressed districts, project collection in a transparent way against a set of clearly distinct standards.
ABOUT THE CURES TOKEN
CURES is the official and native token of the platform and it will be used for all forms of transactions and activities carried out on the CUREStoken ecosystem.
CRS is the acronym of CURES TOKEN, CRS is a utility token that is erc-20 compliant. It will be used as the standard mode of payment for services rendered. It will act as a fuel in which the platform will ride on. It will ensure transactions are safe and secure, the team has set protocols in place to ensure the value of the token. No other token will ever be created, minted or mined.
TOKEN NAME: CURES TOKEN
NETWORK: ERC-20 COMPATIBLE
HARD CAP: 175,000 ETH
TOTAL SUPPLY: 500 MILLION CURES
MINIMUM FIAT PURCHASE: 5,000 USD
MINIMUM ETH PURCHASE: 0.1 ETH
MAXIMUM PURCHASE: NIL
20% - Future development
25% - Team and advisors
5% - Airdrops
5% - Charitable trust fund
10% - Tokens left for retail price sale after the ITO
The 25 % of tokens set aside for team and advisors will be distributed as follows:
20 % Current team and future talent hired
30% Community and referrals
20% Advisors, early backers and supporters
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Bountyox Username: TheMichaelMatch
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.