Medicine

Despite blockchain technology being nascent, it has already seen wide adoption in various fields outside cryptocurrency. The pharmaceutical industry is currently exploring the tech to improve its performance and add value.

First internet hospital will be launched in China in early 2021. The institution is going to apply blockchain technology and provide internet medical service using WeChat app.

With modern advancements in the fields of medicine and health advancing at an ever-increasing pace, the value of research and development has followed suit, with the specific area of clinical trials now thought to be valued at over $350 billion a year.

Who would ever think that coins can be used to halt the spread of diseases? Most of the people used to think that cryptocurrencies are only used for payments and investments purposes.

Darknet shops that sell drugs and stolen credentials are now offering N95 respirator masks and anti-malaria medicines. To stay anonymous, these underground entrepreneurs accept bitcoin payments.

Fraudsters are actively taking advantage of the worldwide coronavirus pandemic. Three cities in the UK, Manchester, Pembrokeshire, and Norfolk, have already issued scam alerts against new schemes.

Banknotes have been quarantined to protect the Hungarian population, who are fond of cash, against coronavirus infection. The government borrowed a leaf from other countries using it around the world.

The Icahn School of Medicine, Mount Sinai, has officially opened up a devoted blockchain lab to discover its noumenon use case in healthcare important applications.

Skychain Global, for the first time in Russia, has successfully conducted a test of the artificial intelligence system for medical diagnostics, comparing the number of errors committed by the living doctors. This infrastructure blockchain project is aimed at helping doctors and patients have accurate diagnoses.