• Kain built XRP Web3 Healthcare company on the XRP ledger with over 63 million active ledgers.

• XRP Healthcare is fully functional with a licensed mail-order pharmacy servicing 48 states in America.

• XRP Healthcare partners with Ripple Labs, leveraging its influence in Africa’s crypto market.

The Web3 industry is a massive franchise with a singular goal: to replace the Internet/Web2. This goal is by no means small as Web2 ushered in the digital era. Its influence spans across the globe and in multiple industries.

To contend with this feat, Web3 has a similar scale and provides better performance and results than its predecessor. Fortunately, over the years, developers have discovered and proven the flexibility of blockchain applications. Developers, innovators, investors, and entrepreneurs have found ways to integrate web3 applications in several industries. 

They have redefined the financial sectors and introduced new markets like NFT and Fintech. Among its top achievements is blockchain in healthcare. Today, Africa’s medical industry has embraced the decentralized nature of blockchain technology.

Its distributed ledger systems, autonomous smart contracts, and user-specific nature have enabled multiple medical institutes to overhaul their technical and overall performance. In recent news, XRP Healthcare, a pioneering Web3 Healthcare Company, has announced its expansion in Africa.

This recent milestone is one among many examples of blockchain in health care. The diverse blockchain applications may be the edge the web3 industry requires to overthrow its predecessor, web2.

XRP advocates for Web3 Healthcare in Africa

The world is experiencing its most notable technological revolution since the discovery of the motor engine, the fourth industrial revolution. Organizations from all sectors have turned to technology to solve most of their mundane and tedious functionality.

For instance, Agritech has significantly improved yields over the past decade. Different organizations utilize Agritech to provide better forecasts, scanning equipment, improved information-sharing systems, and even providing better and faster insurance policies for farmers.

The medical industry is among the first adopters of technology. From scanners to monitoring systems, technology has played a vital role in saving the lives of millions. Amid the fourth industrial revolution, blockchain in healthcare has become a rising trend.

Its decentralized nature has significantly overhauled its evolutions and provided services and functionalities that quicken several processes in the medical sector. This trend soon inspired Ripple, a crypto titan, to launch its Web3 healthcare company, XRP Healthcare.

Foundation and expansion in Africa’s medical sector

Blockchain in healthcare has become a rising trend, with multiple governments and organizations taking active steps to improve their medical sector. This trend later inspired Kain Roomer to develop the world’s first Decentralized Pharma and healthcare marketplace, XRP Healthcare, in 2022. Kain built this Web3 Healthcare company on the XRP ledger with over 63 million active ledgers.

It also created its native token(XRPH), a utility its users would access to buy an expanding range of pharmaceutical healthcare products and services. Its diverse approach to health care caught the eye of ScriptCo, a prominent pharmacy in America.

This partnership would significantly overhaul blockchain integration in healthcare as Web3 Healthcare provided decentralized services to one of America’s largest pharmacies. Currently, XRP Healthcare is fully functional with a licensed mail-order pharmacy servicing 48 states in America.

Also, Read Metaverse in Healthcare: Redefining Africa’s Medical Sector.

In its most recent developments, XRP has set its sights on Africa’s Medical sector. Its services are offered in Coinstore, allowing users to access its wide array of services and products. Through this partnership, XRP has announced an expansion strategy in Africa.

To accomplish this feat, Web3 Healthcare has sought the aid of Ripple Labs. Its vast influence and reach in Africa’s market provide the best opportunity to expand blockchain in healthcare across the continent. In addition, XRP will leverage Ripple Lab’s technology and network to provide efficient and secure transactions catering to the needs of the local user. 

Furthermore, CoinStore will play an active role in increasing the value of XRPH to attract more users and supporters to its ecosystem. Its innovative solutions to address the challenges of Africa’s medical sectors will significantly improve the quality of its services.

Its functionalities aim to improve patient outcomes and accessibility to quality healthcare. Africa’s medical sector is sorely lacking. Generally, only a few countries have achieved Universal Healthcare coverage. The ongoing economic crisis in several key governments like South Africa, Kenya, and Nigeria has worsened the situation. Through XRP, the industry may gain a ray of hope.

Web3 Healthcare dominates Africa’s medical sectors.

Blockchain in healthcare provides numerous capabilities previously unattainable with standard technology. Aside from offering better database systems, blockchain in healthcare mitigates several issues. For instance, web3 applications have an innate level of integrity. Altering or changing patient information is impossible without notifying the user.

This provides several security measures when dealing with issues like a prescription of drugs. Implementing a web3 application in healthcare ensures its supply chain is traceable and records any change in information. In addition, web3 applications have redefined the financial industry, a vital component in all sectors.

Also, Read Afya Rekod: Kenya launches the first ever blockchain-based healthcare solution.

Its ability to provide a single source of truth ensures interoperability and accessibility. These features provide real-time information processing. By integrating blockchain into health care, medical institutes generally mitigate one of its crucial hurdles, providing better medical insurance policies. Today, Africa’s medical sectors have the worst insurance covers, further painting a dark picture of the insurance industry.

These factors have inspired many innovators in Africa’s medical sectors to develop Web3 Healthcare facilities.

Examples

For instance, Medixus, a new medical social network in Kenya, has integrated the use of blockchain in its functionalities. This Web3 Healthcare company aims to connect the world’s global healthcare community by providing secure sources of information.

Its blockchain platform enables healthcare professionals from different institutes to communicate and collaborate through a secure network. Its system also provides fast and transparent systems for sharing patient information, further improving Africa’s medical sector. 

Kenya’s active take on blockchain in healthcare soon inspired its direct neighbour, Tanzania, to pursue the same goal. Today, AID:Tech and PharmAccess launched a Web3 Healthcare program in Tanzania inspired by the wastage and fraudulent activities in aid distributions.

This information is vital to accessing pre- and postnatal services throughout Tanzania’s medical sector. The system has enabled Tanzanian women to access medical attention in any medical institute. 

Also, Read the Characteristics of Ripple blockchain sustaining XRP among the top cryptocurrencies.

Furthermore, AID:Tech has also digitalized Tanzania’s National Health Insurance Fund(NHIF). According to its reports, the company developed a web3 application that enables NHIF members to access healthcare services using a digital identity. This immutable digital ID directly links to their NHIF account and provides real-time information updates. 

In Uganda, Mediconnect, a Web3 Healthcare company, has developed a platform tracking the distribution of drugs and medical supplies. It has utilized its web3 application to track medications from the manufacturer to the patient.

This feature has significantly reduced the losses the nation has experienced through “missing” drug supplies. Furthermore, its immutable system has also reduced the number of counterfeit drugs circulating through the nation’s medical sector.

Wrapping up

Web3 Healthcare is a growing need in Africa’s medical sectors. Its redefining features and services will eventually mitigate the majority of its issues. In addition, the efforts of XRP will play a vital role in making blockchain a mainstream activity in healthcare.

Today, Web3 applications have penetrated most industries. Its immutability, scalability, accessibility, and decentralized nature have awed most investors, and Africa’s ecosystems provide the best environment for its growth. It’s only a matter of time before most industries adopt blockchain technology.