CareX Blockchain Platform for Healthcare

A Houston-based company successfully completed Feb. 5 a cryptocurrency transaction for a health care service in Sugar Land as the payment method is being used globally to purchase anything from food to private jet services. Houston-based CareX Blockchain Platform , a subsidiary Scottline Healthcare Solutions, facilitated the exchange for a patient needing stem cell therapy at Sugar Land-based clinic Elite Doc Health and Beauty. The company is developing a technology that uses blockchain to make health care transactions. CareX also recently received a $10 million commitment from an undisclosed investment group as it  aims to raise $20 million  through an initial coin offering. "Several doctors have signed up (in Houston)," CEO  Mike Bishop  said. "But the  ICO  (initial coin offering) is still the vehicle to build out our network." Pinto Walia , 53, was the patient involved in the transaction. Walia has double-hit lymphoma, an aggressive and rar

The CareX Blockchain Platform has begun signing up providers in the United States, but our plans do not end there. Indeed, we see a major opportunity for CARE tokens to help facilitate medical tourism. Instead of carrying large amounts of cash or engaging in expensive wire transfers, patients and providers can make a simple CARE token transaction. Use Case  (from our white paper ): A resident in Dubai who is coming to Houston in the United States for orthopedic surgery and rehabilitation may need to carry more than the $10,000 cash allowed into the country on a tourist visit. Instead of bringing relatives or engaging in a costly bank transfer, he can invest in CareX and use his tokens to pay for the procedure upon arrival. This kind of service is invaluable to the person in need. At the same time, it helps providers gain valuable business on a global scale. We plan on first providing patients from around the world the opportunity to visit providers and specialists base