Houston co. completes stem cell-for-cryptocurrency exchange
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