Bitcoin Forum

For those already been here for a long time, have there been a project crypto where insurance and health and medical have been involved? I would like to know whether it was a fail or success. For research purposes.

Thanks!

I do not recall any specific crypto that has been developed for these fields, but I know it's been talked about.

https://www2.deloitte.com/us/en/pages/public-sector/articles/blockchain-opportunities-for-health-care.html

https://www2.deloitte.com/us/en/pages/life-sciences-and-health-care/articles/blockchain-in-insurance.html

Hope this helps.

It looks just another theory about the blockchain implementation into the health care and insurance. The distributed ledger can give the more alternavite to cut the middle part in those fields.
There are some icos that runs to develop the spesific development that related to the insurance and healthcare.

I can say that is still a theory without any implementation at least the development still in the progress.

Patientory is one of the projects in healthcare industry, though we still cannot see any development regarding the software yet I believe it will be valuable both as a coin and project.

Insurance money is always long-term loans. Who can risk with long term investment in cryptocurrency? No I don't believe in the idea of health insurance in bitcoin. Everything takes time. Fiat currency is a more reliable asset. Another important factor is that the income people receive in Fiat. Therefore, any business associated with profitable people have in Fiat.

Any kind of implementation of bitcoin in any industry is going very slow and with lot of obstacles. Having in mind bitcoin volatility and lack of regulation that is not so strange. So at the very begininig majority of such projects even when they are started are about to fail. Insurance business is particulary sensible and prone to risk so I don't think there was some significant progress.

There were several crypto currency that was develop for medical purposes. One that I know that is currently on it's ICO is Luven diagnostics. https://bitcointalk.org/index.php?topic=2371398.0 (https://bitcointalk.org/index.php?topic=2371398.0) Not sure if there was is a crypto currency for insurance though.

I read about a company called CareCoin or CareToken (something like that) a long time ago that was looking to get into this field. I don't think they ever ended up being successful though. Might have just been a scam.

As for others, I haven't personally heard of any, but you can bet there are more coming. Soon, everything will be "blockchained". Literally every service will have it's own blockchain and there will be multiple companies competing for dominance.

Look at the internet and how anyone can buy a domain and open a site, but any site you make is always filled with competition. This is how the Blockchain is going to affect us... only we'll be dealing with coins/tokens and not websites.

I believe there has been some research by medical agencies into the blockchain technology, not so much the "currency" that comes with it. The idea of a fully transparent and traceable chain of records seems like a brilliant concept for the medical or insurance fields.

There were several coins that did something similar to that and none of them has been successful, some people made money, but no project has come out of it and to me that makes sense, we are still far away from having world adoption of bitcoin the most popular cryptocurrency so to think that something like that can be successful is a mistake, maybe in 10 or 20 year those projects will have a chance.

Nothing that is an altcoin (besides ETH, XPR, some of the top ones) are going to be useful in the least. And while I do think that the blockchain can open a new world for SO MANY different things in the world, I don't know how it would relate to healthcare in the least -- nor do I know how a shitcoin could help healthcare either. It just doesn't make sense in the least.


I would love to see some hospitals accepting Bitcoin, but yet again, I doubt that it'll happen.