Increasing healthcare cost is becoming a serious problem globally. It is believed that by the mid-century healthcare will become unaffordable not only in developing economies but also in developed economies. Some of the main reasons for rising healthcare costs are: an increase in the ageing population, advancement in medicines, etc.

Cures token is designed to solve the problem of rising healthcare cost by decentralization in the healthcare system, empowering patients, medical service providers, health app developers, and equipment suppliers. Cures token has plans to embrace innovative technologies including blockchain technology to reduce the healthcare cost. The ecosystem created by Cures token will not only benefit individual patients but all the stakeholders. Furthermore, the team is focusing on generating opportunities for investors to optimize their profits and further advance the development process of EHR platform, explained later,  through STO.

Security Token Offering

The  STO will be initiated by the end of the year. Investors can participate in the offering and claim the company’s shares and profits. The token holders will be remunerated using net income from dividends and they can also obtain capital gains as the business grows.

Electronic Health Records (EHR)

Electronic Health Records platform is one of the primary products of CURES Token.  Every time a patient makes an appointment a healthcare establishment, the centres make an entry into their system that includes the treatments, tests, prescribed medications, etc.  everyone in the healthcare centre has the right to access the data, but often retrieving this records can be an arduous process and can incur fees.

Some of the facets which are empowering and engaging the stakeholders are:

Perfect Competition

With the decentralized technology Cures, token is trying to create perfect or near perfect competition system which will encourage patients and clinics to be in direct contact with each other. Transactions will be taken in an open and transparent fashion. Patients will be able to post requests confidentially after that system will automatically contact the service providers which offer that particular treatment. The clinics will also be able to promote their services through the comprehensive search system.

Added Value

Clinics will be encouraged to offer treatments at a discounted price, it will help the clinics to have a good cash flow. This can be a way for the clinics to raise interest-free funds for their expansion plans. At the same time, patients will be able to get the services at a competitive price.

Maximization of scare resources

Transferable future contracts facility can help the clinics to outsources the contracts which can perform the tasks more efficiently for example because of the technological advancement some tasks can be done efficiently. Patients can also sell these contracts or transfer them to their family or friends.

Reducing the cost of transactions

Cross border payments are a concern for the patients because there is a transaction cost is associated with them. Moreover, there is always an exchange risk. With the use of Cures token, the risk associated with exchange rate fluctuation will be removed and the transaction cost will also be negligible. There will be no middlemen such as banks in traditional cross border payments so there are minimum charges for the money transfer on the blockchain.

Ease of access

It is important that everyone could access the facilities regardless of their location. Mobile Health Apps (HAPPS) will allow the users to use the facilities even on the move.

Security

Blockchain transactions are decentralized in nature and secure. The patients can rest assured of the highest quality for healthcare services because of the vetting, verification, review system, and quality control procedures provided by Cures token.

Patient empowerment

Now the patients will be able to take control of their healthcare at a time and place which is convenient to them.

Cures token will also help the patients to make an informed decision with comprehensive search and review system. All these advantages will empower all the stakeholders of the healthcare industry.

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Media Contact
Company Name: Cures Token
Contact Person: Yasen Rachev
Email: Send Email
Phone: +359 89380 0000
Country: Bulgaria
Website: https://curestoken.com