Blockchain healthcare startup Solve.Care has announced the launch of the Global Telehealth Exchange (GTHE).
Based in Estonia, Solve.Care offers a healthcare administration and care coordination platform that uses blockchain technology as the underlying distributed ledger for coordinating care, benefits and payments between patient, doctor, pharmacy, laboratory, employer, insurer, and all other parties. The firm’s Care.Wallet app is available for download in more than 80 countries on App Store and Google Play.
GTHE is a decentralized care network that removes the physical and geographical barriers associated with accessing healthcare services while also providing administrative, payment, and care coordination for all. GTHE can be accessed through the Care.Wallet and will be commercially available for users in select markets in the second half of the year.
“With the introduction of GTHE, anyone seeking healthcare will no longer be limited by physical or geographical barriers,” said Solve.Care. “Users will be able to consult medical practitioners anywhere in the world through their computers or personal devices. GTHE will provide physicians who wish to practice telemedicine the opportunity to be listed on the global blockchain registry. Once listed, they can publish their profiles, rates, availability, and readily accept appointments. As it is an open system, third party telehealth solutions will also have the opportunity to utilize this registry.”
The network will reportedly enable doctors, with patients’ consent, to immediately review their medical records, eliminating the time-wasted conducting repeat assessments and unnecessary medical tests. All transactions on GTHE will be in SOLVE, the company’s native digital token, making foreign currency exchange rates and bank commissions redundant.
Pradeep Goel, CEO of Solve.Care, said that the Covid-19 pandemic has severely tested the way healthcare systems are organized and delivered from a number of perspectives.
“Now, more and more patients are reluctant to visit their doctors due to the pandemic. Medical practitioners who are not primarily involved in treating Covid-19 cases have experienced a significant drop in patient appointments,” Goel said. “The launch of Global Telehealth Exchange is geared towards remedying this imbalance. We at Solve.Care believe that GTHE is the first of its kind in the world, a true landmark deployment of blockchain and digital currency that addresses many of the challenges that the global healthcare system is facing today. It is clear that we are moving towards a decentralized healthcare system, and Covid-19 has accelerated that process dramatically. The need for greater patient empowerment has never been more pronounced, and access to quality healthcare should not be restricted by barriers such as geography, systemic inefficiencies, and administrative bureaucracy. Resolving these issues has always been Solve.Care’s mission, and I believe that today’s healthcare industry is more than ready for what GTHE has to offer.”
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