The rising cost of healthcare services has become a matter of concern. Currently, in many countries, the healthcare cost has even exceeded the increase in GDP and revenue from taxes which fund healthcare. This kind of situation is not sustainable for a long time. According to recent research conducted by the Organization for Economic Cooperation and Development (OECD), without adequate reforms, healthcare services will become unaffordable for over half of the global population by mid-century.
CURES token is designed to address this problem by decentralizing health care system, empowering patients, medical service providers, health app developers, and equipment suppliers. CURES token has plans to embrace emerging blockchain technology to reduce costs and maximize scarce resources within the healthcare sector. Blockchain technology in the healthcare industry will help to create near virtual competition and capitalizing on synergy which will add value to all relevant stakeholders.
Security Token Offering (STO)
Amongst the six platforms, EHR is the most important. Presently CURES Token team is preparing to initiate an STO in order to boost the development process of EHR platform. This STO also aims to extend profit earning opportunities to the investors by enabling them to claim shares of the company and future business profits. Profits rewarded to the token holders will be a part of dividend and potential capital gain as a result of business growth. By extending a decentralized approach, the ecosystem intends to address the challenges associated with rising healthcare costs.
What CURES token is offering?
CURES token has the vision to engage and empower every individual by decentralization of the existing healthcare system. CURES token believes that the ecosystem will not only individuals will get benefited but also all the stakeholders of the healthcare industry will be empowered through various facets of the system including:
Easy Accessibility to Medical Services
A centralized system deals with many inefficiencies like bureaucracy, inadequate medical insurance, lack of transparency, etc. CURES Token is a global project which aims to eliminate the long waiting times and risks of contracting diseases.
Reducing Costs
Cross border payments are often a matter of concern because of exchange rate risks and transaction costs. However, when the payment is in one currency it removes the exchange rate risk and because of the blockchain technology, there will be no need of intermediaries such as banks so the transaction cost will also be minimized. Additionally, CURES token electronic health record will also be maintained digitally and access will be given to the appropriate professionals for a second opinion, consultation etc. It will reduce the cost not only for the patients but also for the healthcare service providers for example administration costs.
Perfect Competition
Blockchain technology will encourage patients and clinics to be in direct contact with each other. The patient will post requirement and then the system will contact the clinics which undertake the required work. Likewise, the clinics will also be able to promote their services through the comprehensive search system. So the patients will be able to select the services at a preferential rate.
Maximizing scare resources
CURES token has plans to offer transferable future contracts so the clinics will be able to outsource these contracts to other clinics that which can perform the tasks in a more efficient manner. The patients will also be able to sell these contracts or transfer them to their family and friends.
Security Threats
Security issues are a growing concern in the global healthcare system. Every year the loss associated with healthcare fraud reaches Billions of dollar. By integrating blockchain and smart contract, CURES Token maintain records in a transparent manner. Once the data is recorded in a block it is irreversible.
CURES token
CURES token is a standard ERC-20 Ethereum based token. The network offered 175 million CURES tokens with a soft cap value of 2000 ETH and hard cap value of 175000 ETH. The distribution of the CURES token is as follows:
20% – Future development
25% – Team and advisors
5% – Airdrops
5% – Charitable trust fund
10% – Token left for retail price sale after the initial token offering (ITO)
CURES Token is offering up to 20% bonuses for every contribution. Participate Here
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