From the beginning of Blockchain, there was a debate about the potential that technology had to transform the health industry. Today we will talk about cryptocurrencies or altcoins linked to health, are they few?
Cryptocurrencies related to the healthcare industry
There are currently 34 cryptocurrencies that in some way or another are related to the health industry. It may surprise you, but it is not a small market.
The health-related crypto market has a total market capitalization of $ 127.58 million with a market share of 0.05%.
Today we will tell you a little about the 4 most important cryptos that are in this market.
According to its website, the Solve token belongs to Solve.Care, a decentralized healthcare platform based on Blockchain technology. Also, it is important to note that this is an ERC-20 token on the Ethereum Blockchain.
According to CryptoTrend’s Crypto Online tool, Solve is at location number 224 in the crypto market’s ranking. Also, according to CoinMarketCap, it has a market capitalization of $ 44 million.
Stem Cell Coin
The Stem Cell project is a Japanese Blockchain company whose main objective is to make stem cell treatment available to everyone and, in general, to improve the health service through technology.
Stem Cell Coin (SCC) is the token developed by the company with the aim of being used to pay for all the services provided by the project and its affiliated companies. It has also been developed on the NEO Blockchain.
He currently has a valuation of $ 0.16 with a market capitalization of $ 50 million, according to CoinMarketCap.
Cryptocurrencies in health: MediBloc
MediBloc is a decentralized ecosystem of healthcare information for patients, caregivers and researchers, which is built on Blockchain technology.
“The health sector has accumulated a large amount of data, but there was no data distribution channel. Medibloc will transform the healthcare big data ecosystem by allowing this data flow to be secure and structured. ”explains Professor Hyuan Wook.
Right now, the MediBloc (MED) token has a market valuation of $ 0.0045 with a capitalization of $ 11 million.
According to their website, Medishares is an open source, decentralized mutual marketplace based on Ethereum.
MediShares (MDS) currently has a market valuation of $ 0.0033 and a capitalization of $ 4 million.
Conclusion about altcoins in health
Cryptocurrencies and the healthcare industry seem to be two sectors that are gradually coming together as they see potential in the other.
Without a doubt, both cryptocurrencies and Blockchain technology are important catalysts for a revolution in the health industry, mainly because it attacks and solves relevant problems in the latter.
So it should come as no surprise that, over time, the healthcare industry occupies a significant space in the cryptocurrency market with a higher number of altcoins.