Solve.Care launches Care.Chain, a decentralized Layer-2 Blockchain Infrastructure for Healthcare
Solve.Care, a healthcare platform company leveraging blockchain technology to deliver better care, has announced the launch of Care.Chain, a decentralized Layer-2 network infrastructure. Care.Chain is a significant step towards Solve.Care’s mission to improve healthcare access, delivery, management and payments for both healthcare institutions and consumers through the benefits that blockchain technology brings.
While many existing Layer-2 blockchains are built from the bottom up to seek real-world applications for the technology, Care.Chain is designed to address specific challenges facing healthcare, such as patient access to their health data and rising costs due to cumbersome administrative processes. Trust and compliance measures are built in to overcome barriers to adoption, such as requiring proof of competency and a healthcare license or certification from validators.
Care.Chain offers a globally connected, open network architecture where all participants in the healthcare ecosystem can interact on a peer-to-peer basis in a transparent, reliable and secure manner. The chain integrates seamlessly with the broader Solve.Care ecosystem, adding the full-stack digital health platform that simplifies the health experience for all stakeholders, which include individuals and families, physicians and care providers, employers, insurance providers, government agencies and more. Blockchain developers can now build applications on Care.Chain, using Solve.Care’s full-stack platform, to solve issues such as KYC and trust, privacy, compliance, efficiency and cost.
“Care.Chain’s mission is to partner with healthcare institutions as validators to achieve progressive decentralization and provide a fairer open healthcare system for the betterment of all,” said Pradeep Goel, CEO of Solve.Care. “Solve.Care has been on this journey for a long time. As we built the platform to tackle these top-down issues, it became clear to us that there was no single Layer-2 chain suitable for enterprises to adopt and serve healthcare the way it should be served . Care.Chain provides us with the final missing piece of the puzzle to truly enable businesses, consumers, patients and providers to collaborate on a platform that will become an open marketplace infrastructure and global healthcare payment system.”
Care.Chain also introduces new healthcare computing primitives with the introduction of ZK (Zero-Knowledge) verifiable event runtime. This makes it possible to implement more use cases that go beyond the basic use cases of distributed ledger technology. It is oriented towards the healthcare domain and provides out-of-the-box support for wallet-based apps for peer-to-peer communication and business event processing. Care.Chain enables the execution of events in its runtime, combining the power of an EVM (Ethereum Virtual Machine) and verified credential-based event stream processing to create a unique Healthcare Event Virtual Machine. The chain also allows for the creation of healthcare dApps such as NFTs and peer-to-peer communication between healthcare roles via wallets. Users can transfer information directly between two parties (e.g. patient and doctor) without an intermediary, which provides greater data security.
SOLVE is the original Layer-2 token (like MATIC, IMX or LRC) of Care.Chain. Developers interested in accessing tools to build custom dApps, or healthcare networks seeking solutions to reduce costs and increase efficiency, can contact Solve.Care at: [email protected].
