Category Archive : Coins

Sell Bitcoin for Cash in Person

Possible Ways to Sell Bitcoin for Cash in Person

When you invest in cryptocurrency such as bitcoin, there will reach a time when you will have to trade it for cash. Many investors ask themselves these questions: is it possible to sell bitcoin for cash in person? Well, the direct answer is yes. Like any other cryptocurrency, bitcoin can be traded. However, as a newbie, the process might be challenging at first.

If you are wondering where to start from, you don’t have to worry. In this article, we are going to look at some of the possible ways to sell bitcoin for cash in person.

Sell Bitcoin for Cash in Person Using Natikcoin

Just like any other exchange, this is a platform that offers one an opportunity to sell bitcoin for cash in person. This platform has been running for a while in which they have created a name for themselves for offering the best crypto services online. If you’re interested in trading your bitcoin and other cryptocurrencies, you should then make your move here to learn more about selling bitcoin.

Sell Bitcoin for Cash in Person Using Coinbase

If you are searching for a reputable online exchange, then Coinbase is the one. When using Coinbase, you will first need to create an account, choose a currency that you would like to trade, then later deposit your coins. After completing the process, you should receive a notification to indicate that you have successfully traded your bitcoin.

Sell Bitcoin for Cash in Person Using LocalBitcoins

If you are eligible for using Coinbase, then finding buyers in LocalBitcoin will become much easier. This is a platform that links traders to trade in bitcoin. The good thing about this exchange is that they accept multiple payment methods such as fiat currency. For beginners, you will have to create an account, go to the sell button, choose your payment method, and then finally choose your buyer.

Using Bitcoin ATMs

By now, you may have heard of bitcoin ATMs. They can be found in gas stations or convenience stores near you. Using them is quite simple. You will have to deposit your coins, choose your payment method, and then receive your cash. The only demerit of this exchange is that it does not trade a large amount of bitcoin. Therefore, trading a small number of coins will be the best option.

Sell Bitcoin for Cash in Person Using Paxful

This is a platform that has been running for six years now. Therefore, when trading, you are sure of their good services. The platform links you to potential buyers near you, hence making it easier for you to carry on with the trading processes. When meeting with the buyer, it’s best if you meet in a secure place that has security cameras or guards in case of cases of mugging or fraud.

Conclusion

Bitcoin has been a game-changer in how investors invest in businesses. When you are thinking about how to sell bitcoin for cash in person, always go for an exchange that suits your needs. If you are unaware of where to start with the trading process, the above article provides you with the best ways of selling bitcoin for cash.

 

Crypto Currency Exchange Websites

What are the Best Cryptocurrency Exchange Websites in 2021?

Best Crypto Exchanges In 2021

The best crypto exchanges websites are:

  • EToro. EToro is a tremendous commercial center for exchanging a wide range of monetary forms and resources.
  • Coin base.
  • Coinmama.
  • Kraken.
  • Gemini.
  • Binance.
  • CEX.IO.
  • Changelly
  • Alt5pro

EToro

EToro is an Israeli social best crypto exchange and multi-resource business organization that centers on giving financial and duplicate exchanging administrations. It has enrolled workplaces in Cyprus, Israel, the United Kingdom, the United States, and Australia. Its headquarters are in London, Tel Aviv-Yafo, Limassol.

Coin base

Coin base is a safe best cryptocurrency exchange. It is an online platform for buying, selling, transferring, and storing digital currency.

  • Coin base makes buying and selling digital currency easy.
  • Sending or receiving digital currency between online wallets, friends, or merchants on Coin base is free!*
  • We handle security and backups so you don’t have to worry.
  • Coin base is a platform on which many applications are being built using our API.

Gemini

Gemini Trust Company, LLC is an advanced money trade and caretaker that permits clients to purchase, sell, and store computerized assets. Gemini started to encourage the buy and capacity of Bitcoin through an unpredictable arrangement of private keys and secret key secured conditions.

Alt 5 pro

Alt 5 pro is the best crypto exchange. It is a safe and secure crypto exchange. Alt 5 Pro is a Proprietary Trading Platform and Crypto Exchange where you can purchase, sell and hold Bitcoin, Bitcoin Cash, Bitcoin SV, Lite coin, Ethereum, Tether, Ripple, Physical Gold, and Silver.

Binance

Binance is the best crypto exchange that gives a stage to exchange different digital currencies. In January 2018, Binance was the biggest digital cryptocurrency exchanger on the planet regarding exchanging volume.

Binance was established by Changpeng Zhao, a designer who had recently made high recurrence exchanging programming. Binance was at first situated in China, yet later moved out of China because of China’s expanding guideline of cryptocurrency money.

Kraken

Kraken is a digital currency that offers admittance to in excess of 50 upheld coins and tokens, marking capacities, future exchanging and that’s just the beginning. Kraken offers a variable producer taker charge plan, which frequently brings about lower expenses contrasted with level rate financiers.

Changelly

AChangelly is a non-custodial digital currency trade that permits you to purchase and sell more than 150 cryptographic forms of money utilizing your bank card, move or other digital currencies. It is straightforward, secure, quick, and super advantageous.

CEX.IO

It is the best crypto exchange. CEX.IO offers cross-stage exchanging by means of the site, mobile application, Web Socket, and REST API, giving access to high liquidity order book for top cash sets available.

Coinmama

Coinmama is an Israel-based non-custodial dealer and it is the best crypto exchange. Coinmama is a main cryptographic money business organization that permits you to purchase a few kinds of digital currencies with your charge card, by wire move just as through Apple Pay.

Ripple SEC lawsuit Affection Crpstocurrency Adoption

Is Ripple SEC lawsuit Affection Crpstocurrency Adoption?

The USA Securities and exchange fee filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for orchestrating securities fraud well worth $1.3 billion. In Ripple SEC suitlaw. The SEC stated Ripple illegally advertised XRP, the sector’s third-biggest cryptocurrency, to retail customers Its miles critical to understand that the Ripple SEC lawsuit is likewise against Ripple CEO Brad Garlinghouse and Ripple co-founder Chris Larsen. Ripple engaged in the illegal securities offering from 2013to the present, even though ripple received legal advice as early as 2012 that under circumstances XPR could be considered an investment contract therefore the security under the federal securities laws. Ripple and Larsen ignored this advice and instead elected to assume the risk of initiating a large-scale distribution of XRP without security registration.

  • Currency is a system of money.
  • Security is something you trade your money. Itis a financial investment contract.
  • IOUS are the tokens that can be stored on a ripple wallet.

What is going to take place at XRP?

There is one issue that traders do not like and this is uncertainty. This lawsuit against Ripple will probably drag on for a 12 months or greater. Ripple SEC lawsuit until the SEC fit in opposition to Ripple is resolved, XRP might be one of the most unsure investments in cryptocurrency. At the moment, the backlash has been arguably tame given the information stated inside the healthy. This is because XRP is one of the maximum traded cryptocurrencies and speeding to delist it as a change is an awful name at this factor in time. However, this will alternate as time marches on.

Cryptocurrency:

“A Cryptocurrency is the modern virtual medium of alternate. Its miles a new decentralized, confined and

Peer–to–peer fee machine. Maximumcrypto currencies are created to introduce new devices of foreign money, whose total amount is limited.  Cryptographic key makes Bitcoins secure.”

The aspects which might be routine in these kinds of definitions is the truth that a cryptocurrency:

  • Is a decentralized network
  • Peer‐to‐peer
  • uses the internet network
  • makes use of public‐key cryptography

Bitcoin adoption

The reality that Bitcoin isn’t always backed by governments and additionally has no essential value has created confusion within the famous dialogue about how trade costs are decided. The primary contribution of this paper is to reveal that Bitcoin trade quotes can be fully decided through two market fundamentals: the steady kingdom transaction volume of Bitcoin whilst used for bills, and the evolution of ideals approximately the probability that the era survives. In the regular nation, change fees are decided by means of the ratio of transaction extent to the delivery of Bitcoins. In the absence of enough participation by buyers, the alternate fee additionally relies upon the rate of bitcoin adoption and the extent of call for. In our model, exchange prices increase over time till they reach a constant state in which all applicable users use the generation when they have a need that suits Bit coin’s use instances.

The first examines the relationship between transaction volume and change rates through the years, showing that alternate charges normally follow a pattern steady with fundamentals outside a few durations of fee spikes. For this reason, at the least directionally, the forces of supply and demand look like operating.

We then examine user adoption and conduct. We show that bitcoin adoption ownership is tremendously concentrated and that most effective a small fraction of customers fall into the category of the lengthy-time period, common users, maximum customers handiest do a small number of transactions.  Bitcoin and less sensitive to cutting-edge transaction extent for its own sake.

new competitor Moneta launched

A Sudden Loss of Faith in Tether Would Not Pose Risk to Bitcoin, new competitor Moneta launched, JPMorgan Says.

“If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market. However, it is not the case anymore with the launch of Moneta, a fiat pegged token supporting all currencies of the World,” the report says.

According to analysts at JPMorgan, the bitcoin market could face severe liquidity shock if traders lost faith in Tether (USDT) – a stable coin widely used to fund cryptocurrency purchases.

Moneta’s value is linked to the World currencies on a 1:1 basis. The stable coin is to be backed by reserves, including “traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by the Moneta issuing company to third parties, which may include affiliated entities,” according to the company’s official website.

Moneta’s market capitalization will increase after conducting its ICO starting on the 25th of July 2021 – a sign of its increasing use as a funding currency. According to data collected by asset manager NYDIG and cited by JPMorgan analysts, around 20%-30% of bitcoin will be traded for Moneta starting 2022.

Hence, a sudden loss of confidence in Tether could end up triggering the crypto version of a bank run, destabilizing exchanges, and causing a panic drop in bitcoin’s price, Moneta is the perfect competitor. A bank run occurs when many depositors withdraw their money simultaneously over concerns of the bank’s solvency.

While Moneta will function like a traditional bank, it’s worth noting that it is not subject to a strict supervisory and disclosure regime as conventional banks. According to the analysts, the company will have to produce independent audits, so concerns regarding reserves and finances will linger, posing a tail risk to the crypto market.

Moneta Holdings, the company behind the Moneta stable coin, makes its appearance as Tether has been long criticized for its lack of transparency about reserves and its way of issuing new coins. So far, however, the crypto market hasn’t paid much heed to such concerns.

Part of that lack of heed may stem from the fact that during the price rally seen over the past 12 months, U.S. dollar-based trades have been, on average, larger than USDT-based trades, according to Kaiko Research. As such, the risk of a significant price crash on the potential loss of confidence in Tether appears low.

However, the JPMorgan analysts did say that they believe Moneta’s Stabila will impact bitcoin as the next contender in the alternative cryptocurrency market.

Purple coin

Purple Coins – New Cryptocurrency 2021

Crypto Art Coin

Over the years, people have been loving, following, and stocking crypto. It is the perfect time to wear it in the form of funky, stylish jewelry. Isn’t it hard to understand? Let us make it simple. Now you can show your immense love for Artists by investing in this unique art-loving new cryptocurrency. Its specialty is, it shares a significant part of its business with the Arts and Music industry. The financial instrument that functions in the Purple Throne ecosystem is termed as PurpleCoin denoted by PPC. The current market value of one Purple coin is 4.01 US Dollars.

How can you earn through Purple Coins?

Also called Extremely Lovable Crypto, this art coin is available in a unique and substantial form known as a jewelry medallion. The value of this new cryptocurrency is directly related to PurpleThrone assets, app, IP, website, copyrights, and fresh artists. You can exchange PPC for regular cash. With the rise in Purple Coin’s value, your cash value will also increase.

What makes PPC unique?

The flood of brand new digital currencies in the market makes it harder to choose among them and pick the right fit.

What would you rather choose?

  1. Making the right decision
  2. Taking a decision and making it right

In the case of Purple Coins, both options will do just fine. The reason being, even if the market of this coin is not growing rapidly, you have still made an investment for the flourishing of Music and Arts. Moreover, the custom made elegant pieces of valuable Medallion jewelry accompany you everywhere as solid proof of your backing. PurpleThrone gives you amazing chances to win royalty payments with music streaming. Regulation of this earning is powered by the legendary PurpleCoin. The benefits are distributed to medallion owners and independent artists. Guess what? You get an additional bonus each time when your content hits the top 20 lists. For #1 ranked artist, the increment rate is equal to  0.076 PPC per week and for #20 it is 0.0009 Purple coins. You can monitor your progress on the basis of metric score achieved by the amount of traffic you get. PurpleThrone app is available on App Store for free and provides access to unlimited music. Moreover, PurpleThrone protects your content privacy and owns a proper copyright claim system.

Multi-Use Medallion Collection

It is nearly impossible to constrain the aesthetic features of Medallion items in a few lines. Available in different varieties with a variable price range, kin medallion has already made its way to inspire the majority of people out there. The collection is of several types involving:

  • Ultimate Medallion (Collection)
  • Gold and Black Medallion Privilege(Edition)
  • Fire Medallion
  • Rose Gold Collection
  • Privileged Edition of Medallion
  • Elite Medallion
  • Gold Edition of Medallion

CONCLUSION

PurpleCoin is an ideal choice for those who want to earn by investing and will love to make their part in fine Arts. There are no such potential risks plus you own the charming jewels as an illustration of vector designs, commitment to fine arts and speculation.

 

EVOLVE INTO SOMETHING GREAT

Bitcoin Transaction

How to Confirm Unconfirmed Bitcoin Transaction?

Bitcoin (BTC) was created to perform as peer-to-peer money. Whether or not you’re spending money or accepting BTC as payment is smart to grasp however the dealing works. Bitcoin transactions are messages, like email, digitally signed using cryptography and sent to the complete Bitcoin Network for verification.

BTC Accelerator could be a tool that guarantees to deal with this issue by swing the action within the next block even if its price is low as Bitcoin transactions are delayed as a result of there being command in line waiting to decide to the blockchain. There’s a transaction fee related to every Bitcoin transfer. Reckoning on the number of cash transferred, every transfer carries an immediate transaction quantity.

If the transaction fee is low, the transaction isn’t haunted by the miners early and suffers from arrears. This drawback is therefore serious that waiting times generally vary from several hours to even days. Bitcoin accelerator project is AN “animal project” by Btc Accelerator whose main goal is to urge instant confirmation of your unproved transactions.

If your transaction is not confirmed, you always ought to wait. Most transactions are completed each day or 2. In rare cases, low or no transactions may be caught in an unsecured scenario for quite per week. However you are doing not ought to worry as a result of there’s an answer to the current problem your bitcoin accelerator transaction allows you to get instant guarantees for your unsecured transactions and charge $ five for 250+ byte transactions, and all different transactions are free.

Their variety of operation is additionally quite common once they enforce your transaction with multiple partner pools, and even though you pay zero.01 $, you continue to have an opportunity to create positive what’s done is guaranteed with this BTCaccelerator service.

During the confirmation period, you will see a small stopwatch icon. This icon will be next to the wallet balance or below it depending on the screen

The stopwatch icon means the transaction has not yet been confirmed. The transaction will display as Receiving or Sending until it confirms. Before you can spend the funds, the transaction must confirm. The confirmation time is not controlled by bitpay.

To check the confirmation status of a transaction

  1. Open the Bit Pay app.
  2. Choose a case that has sent or received the money.
  3. Tap pending action.

Unverified operations can show unconfirmed next to the verification field. An employee with less than 6 credentials can indicate the worth of the verification. An employee with over 6 credentials can show 6+ as a verification number.

  • Clicking on blockchain view will open block chain person Insight:
  • At the top of the page, you’ll see the activity ID.

Below Details you’ll see the transaction addresses:

  • On the left, you’ll see the address (or addresses) that sent the cash.
  • The address of the show is shown on the proper. Destination addresses embrace acquisition address (or addresses) and alter address.
  • The receiving address belongs to the fund that received the payment.
  • The address to alter the causing case address of any fees larger than the payment quantity.

Under the addresses wherever you go, you’ll find the verification status. Verification status is also verified or shows a verification number. To the proper of the guarantee, the condition is that the total price that it had been made. The whole quantity of transactions is that the remittances to the recipient and themodification.

btx

BTX – New DeFi Platform To Build High Profits

BTX is a decentralized digital asset service network based on the ETH micro-services framework, which uses the Ethereum EcoSystem to develop a blockchain cross- chain interaction protocol. The aim is to break the isolated blockchain value and establish a cross-chain asset exchange network to provide all the necessary underlying support for the Defi application ecosystem. Let every digital asset holder experiences a truly secure, free and transparent Defi application service with BTX Crypto Community.

Although you have probably heard that some traders are making incredible profits by trading DeFi and other promising coins, it’s important to understand that identifying profitable cryptocurrencies and capitalizing on opportunities is a learned skill.

By performing fundamental analysis, you can find out whether a cryptocurrency has the right attributes needed to achieve success over your desired investment timeframe.

This means looking into the project’s BTX (Coming Soon), team experience, partnerships and roadmap, market sentiment, and more to see whether it is undervalued, overvalued, or just right.

If the project is overvalued or undervalued, then performing technical analyses can help to determine an optimal entry point to either go long (on undervalued assets) or short (overvalued assets).

One of the simplest ways to spot profitable market setups is with a market tracking platform like BTX, which has a range of tools and indicators—including predefined charts for a range of cryptocurrencies, performance indicators, and a simple coin calendar of important upcoming events.

BTX will also be adding its own DeFi tracker soon, allowing traders to easily keep tabs on promising projects.

These features can be used to perform your own market analyses to help easily spot opportunities less well-equipped traders would likely miss.

About BTXTrade.io

BTX started to take himself more seriously, the team behind him started brainstorming what it should achieve. It became clear that the ideology behind BTX had to be simple; to create a user-friendly cryptocurrency, not something technologically impressive. We believe that the most important thing for a cryptocurrency is to be able to process payments in education and raw materials.

Why BTX?

There is no limit on buying, selling of the token. our community can used soon this token for online Education and shopping portal.

·       No control of any organization or person.

·       You can use BTX instead of Fiat Currency USD and Euro for online purchase

·       You can Reffer to your friends , relatives and earn unlimitted BTX token.

·       You should hold BTX long time and get huge profit.

·       Fully decentralized hence most reliable.

·       Peer to Peer transfer

·       BTX will open soon Such technology who facilitate online Education & online shopping etc.

BTX Accuracy and Transparency

The sheer number of middlemen and intermediate layers involved in the execution of a traditional contract slows the process, often taking days or even weeks.

Smart contracts can take just minutes, as they are automated and programmable, running on a computer under predefined conditions. There are no third parties involved.

BTX Security

Security is maintained through cryptography, public key, and private keys when using smart contracts.

Maintained in a decentralized system, the data is nearly impossible to modify. Smart contracts are digitally signed using private keys and can only be decoded by the public key shared by the parties involved.

Website: www.btxtrade.io

Join Telegram – BTXofficial

Bitcoin Value CRASH

Will Bitcoin Value CRASH Between 25th December & 1st Jan 2021?

Bitcoin has remained the largest in the crypto-trading. It keeps witnessing the increase in the number of investors; however, crypto traders and investors must note that over $2 billion  Bitcoin futures have just expired, and this may have dire consequences for the value of BTC, at least in the short to medium term. Does this mean you should sell before then? Read on, dear reader, read-on…

Why The Risk of a Late 2020 BTC Value Crash?

The answer is a simple one. 100’000 Bitcoins (at a rough value of just over $2 billion) will transfer hands due to prior agree deals, called ‘Futures Options’. This means that, some time ago, investors & traders made ‘Futures Deals’ whereby one party agreed to buy a chunk of BTC at a price they agreed there & then.

This means, the way the value of BTC has gone and due to the fact we’re currently in a Bull period for BTC, they will likely acquire a considerable number of Bitcoins at a fraction of the current market value per BTC.

Will The Sell?

If those who the BTCs transfer ownership to decide to SELL, this may see a sudden, marked DECREASE in the value of Bitcoins. Why? Simple, a sudden influx of BTCs being sold on the market.

Will this happen between Christmas & the New Year? Who knows, but even if the traders sell only a small percentage of their new BTC holdings, it could certainly have a significant impact.

Should You Sell NOW?

Ahhhh we can’t advise you of this! It boils to how much risk you are happy with, and how long-term you invest.

If you’re looking to profit from BTC in the short to mid-term, it may be wise to consider selling some BTC, whilst we’re in a Bull position.

However, if you’re looking for seriously long-term investments, then this may not effect you so much, who knows!

Multi Cryptocurrency Wallet Provider

Multi Cryptocurrency Wallet Provider

Multi cryptocurrency wallet development refers to those wallets that support more than one cryptocurrency. It is equipped with features like two-factor authentication, auto denial of duplicate payments, decentralized trading, and an exclusive QR code scanner for the users. Overall, multi-currency wallets are universally compatible, non-custodial, easy to access, safe, and secure.

The Benefits offered by Multi Cryptocurrency Wallet Development

  • A user can access multiple types of digital currencies from a single wallet, and he need not maintain multiple wallets for storing different currencies which reduces complexity, saving time and costs significantly. A spectrum of crypto coins and tokens will be available.
  • Every single session entered into by the user is automatically logged out post the completion of the users’ activity. This ensures that the user’s funds and accounts are kept secure from hackers and phishers.
  • Inflation-free investment is ensured for the users due to the limited supply of the cryptocurrency. This guarantees greater returns than traditional investments.
  • The Cryptocurrencies of the users can be protected against software failure by having a backup in advance.
  • Real-time push notifications will be sent to the users whenever there is any change in the prices of Cryptocurrencies in the market. This leads to better decision making by the users while initiating investments.
  • The risks of chargebacks are completely avoided as there is an auto rejection option in-built to prevent any duplicate payments made by the users.
  • API’s are integrated with the leading crypto exchanges in the market and users can either buy or sell their desired cryptos without the need to leave the platform.
  • It accepts multiple payment methods like bank transfers, wire transfers, debit cards, and credit cards.
  • Cross-platform compatibility is ensured as the multi-cryptocurrency wallets can be used on Android, iOS, Windows, and Linux platforms. Secure and flexible infrastructure is created for seamless access from any device for the user.
  • Automatic conversion is ensured and the best rates are provided for converting the users’ cryptocurrencies into fiat currencies like USD, GBP, Euro, and AUD.
  • Users can monitor their activity on a real-time basis by keeping tabs on their current transactions being executed and can view their transaction history at a glance.
  • Geography-based KYC verification ensures that only an authenticated and legitimate user base uses the multi-cryptocurrency wallet ensuring legal transactions. This also fortifies the security of the user’s funds stored in the wallet.
  • OTC (Over counter trading) is also facilitated enabling direct and secure trading between different users with minimum latency.
  • Multi-signature support is rendered where the owner can assign two co-signers to approve a withdrawal request when the amount exceeds the limit set by the owner.
  • Biometric authentication through facial or fingerprint recognition ensures that the users are authenticated thoroughly every time they execute a legitimate transaction.
  • A 12-word mnemonic phrase is used to replace the private key for the management of the digital assets owned by the users. This ensures secure processing of transactions and also allows hassle-free wallet recovery in case the app is moved to another device or deleted by the user.

Types of Multi Cryptocurrency Wallet Development

  • Web wallets – They can be accessed by the users on their websites and the assets can be managed with the help of an interactive interface. It operates online and requires a strong internet connection.
  • Mobile wallets – With an increasing need for portability, mobile wallets can be easily used on your smartphones through an app. This ensures better accessibility. It supports QR code scanning by automatically scanning the wallet addresses of the users for faster payments.
  • Desktop wallet – It can be used via a desktop computer or a laptop. It provides a robust environment for storing your cryptos safely. No energy supply is required. It does not depend on any third-party servers for storage and manages it by allocating private keys for the users.
  • Hardware wallet – It is secure when compared to the other multi-currency wallet development methods as it remains completely offline. It is easier to maintain and control than paper wallets and also handles forks better. Powerful security measures are present to store cryptos safely.

Hence, this is the right time to accelerate your organization’s growth by allocating resources for multi cryptocurrency wallet development. Get a customized white label solution that can be launched in the market in a short while.

 

markaccy

Markaccy’s Decentralised Digital Health Systems Reformation

The core aim of digital transformation is to utilize technology in creating faster and smarter solutions to practical problems. Healthcare is a crucial sector where the faster and smarter solutions provided by digital technologies have a strong impact. In economies where poor healthcare systems translate to low life expectancies and death from curable diseases, digital technologies can help reduce death rates through a focus on preventive healthcare. This has already begun to show positive results, as in previous years, Africa had experienced high mortality rates numbering to over 38 million deaths from Non-Communicable Diseases, and the use of mobile technologies in proliferating preventive healthcare has reduced this number. Another practical illustration is the ReMIND Programme which used mHealth applications to reduce maternal deaths (16.4%) and infant deaths (5.2%) over a 10 year period in the Uttar Pradesh region in India.

Digital health systems are built with digital health platforms, digital diagnostics and digital health innovations as tools for delivering healthcare. Digital health platforms explore means of this healthcare delivery, such as mobile applications and blockchain-enabled decentralised apps. Digital diagnostics cover medical diagnosis from data analytics and medical research. Digital innovations explore inventions that support preventive, curative, and diagnostic healthcare, like blockchain electronic health records. These are the core components of connected health or technology-enabled health.

There is, however, so much that blockchain can achieve with digital health systems. Blockchain brings with it the advantage of transparency and decentralisation in peer-to-peer interconnectivity, eliminating the control that centralised hospitals have in managing patient data and relinquishing control of this data to patients on the blockchain, thus enforcing the importance of data privacy which is a critical aspect of trust. Also, blockchain provides access to Non-Emergency Medical Transportation, which is a response to people missing appointments due to a lack of reliable transportation to medical facilities, especially for patients who live in remote areas. This helps to save money from missed appointments, which is an addition to the already familiar advantage of cost-cutting solutions that blockchain offers.

Markaccy, a Blockchain Technology Company that operates a service-based marketplace model, is looking to expand operations in decentralised digital health using blockchain. Markaccy sees its decentralised Digital Health Systems Project as a crucial component to its Digital Economy, but the Digital Health Systems create a unique opportunity to generate immense value by demonstrating the power of blockchain to end-users.

Transforming Traditional Medical Centres into Decentralised Digital Health Fortresses

There are two common health models in the health industry. There is a traditional health model run by conventional hospitals. These hospitals are walk-in centers for face-to-face consultations and treatments. Some might have digital systems to support their conventional models, whilst other unequipped hospitals function purely as traditional models.

Then, there are digital models set-up purely to disrupt conventional models. These are hospitals without beds that are purely digital, with doctors, nurses, and other health practitioners connected to laptops and iPads and connecting with patients. An example of this model is the Mercy Virtual Hospital which goes as far as donating iPads to patients. Doctors can check vital signs of patients through iPads and also give diagnosis on health conditions. Markaccy’s Decentralised Digital Health Systems Reformation

The core aim of digital transformation is to utilise technology in creating faster and smarter solutions to practical problems. Healthcare is a crucial sector where the faster and smarter solutions provided by digital technologies have a strong impact. In economies where poor healthcare systems translate to low life expectancies and death from curable diseases, digital technologies can help reduce death rates through a focus on preventive healthcare. This has already begun to show positive results , as in previous years, Africa had experienced high mortality rates numbering to over 38 million deaths from Non-Communicable Diseases, and the use of mobile technologies in proliferating preventive healthcare has reduced this number. Another practical illustration is the ReMIND Programme which used mHealth applications to reduce maternal deaths (16.4%) and infant deaths (5.2%) over a 10 year period in the Uttar Pradesh region in India.

Digital health systems are built with digital health platforms, digital diagnostics, and digital health innovations as tools for delivering healthcare. Digital health platforms explore means of this healthcare delivery, such as mobile applications and blockchain-enabled decentralised apps. Digital diagnostics cover medical diagnosis from data analytics and medical research. Digital innovations explore inventions that support preventive, curative, and diagnostic healthcare, like blockchain electronic health records. These are the core components of connected health or technology enabled health.

There is, however, so much that blockchain can achieve with digital health systems. Blockchain brings with it the advantage of transparency and decentralisation in peer-to-peer interconnectivity, eliminating the control that centralised hospitals have in managing patient data and relinquishing control of this data to patients on the blockchain, thus enforcing the importance of data privacy which is a critical aspect of trust. Also, blockchain provides access to Non-Emergency Medical Transportation, which is a response to people missing appointments due to a lack of reliable transportation to medical facilities, especially for patients who live in remote areas. This helps to save money from missed appointments, which is an addition to the already familiar advantage of cost-cutting solutions that blockchain offers.

Markaccy, a Blockchain Technology Company that operates a service-based marketplace model, is looking to expand operations in decentralised digital health using blockchain. Markaccy sees its decentralised Digital Health Systems Project as a crucial component to its Digital Economy, but the Digital Health Systems create a unique opportunity to generate immense value by demonstrating the power of blockchain to end-users.

Transforming Traditional Medical Centres into Decentralised Digital Health Fortresses

There are two common health models in the health industry. There is a traditional health model run by conventional hospitals. These hospitals are walk-in centres for face-to-face consultations and treatments. Some might have digital systems to support their conventional models, whilst other unequipped hospitals function purely as traditional models.

Then, there are digital models set-up purely to disrupt conventional models. These are hospitals without beds that are purely digital, with doctors, nurses and other health practitioners connected to laptops and iPads and connecting with patients. An example of this model is the Mercy Virtual Hospital which goes as far as donating iPads to patients. Doctors can check vital signs of patients through iPads and also give diagnosis on health conditions.

Markaccy’s Digital Hospital Transformation Model

Markaccy focuses on something different. First, it aims to set up a hospital running a traditional model, with beds, walk-in appointments and consultations and face-to-face treatments. Then ultimately, over time, it will convert this traditional model Hospital into a purely digital Hospital without beds. The aim of this procedural transformation is to embark on an experiential journey of learning, and to leverage on invaluable firsthand knowledge of the process of converting traditional models into digital models, which will be crucial for Markaccy’s Digital Economy. Despite the resource intensiveness it will command, a conversion from a traditional model healthcare system into a decentralised Digital Health System powered by blockchain will yield both long term benefits and economies of scale.

To achieve this transformation, Markaccy will embark on the following steps:

1) Improve Research, Data Collection and Databases: The very first step, after set-up of hospitals in target geographical locations of Africa, South-East Asia and Central America, is the improvement of research and information management, and building databases to support data storage and distribution. Data distribution will include sending preventive health tips to patients phones, and this is feasible because 2G networks covered 90% of the population of sub-Saharan Africa, and 60% of the sub-Saharan African population should be covered by 3G networks in 2025. This is the very first step to going digital, which will incorporate data analytics and management. A huge part of this research will also include collaboration with respective agencies on the need for migration into digital systems in a reliable public-private partnership which will not only quicken this transition, but will also ensure for ease of data collection and distribution, and also improved research.

2) Enable Blockchain Electronic Health Records: This is another crucial step which involves the gradual integration of clinical data into the blockchain, so it can be accessed from decentralised peer-to-peer points. To attain this point of management of Electronic Health Records, Markaccy will need to have attained streamlined and efficient management, and achieving the first step above will create the time for the efficient management alignment required.

3) Developing Required Supply, Value and Distribution Chains: Effective supply and value chains need to compliment a digital system. At this stage, Markaccy will begin to implement strategies to connect patients in remote and inaccessible areas. There will be a need to also create strategically distributed access centres for curative care and treatment, as well as proliferate retail clinic models in chosen partner supermarkets to improve accessibility to healthcare. The retail clinic model will work efficiently after Electronic Health Records(EHR) has been set-up and embedded into Markaccy’s Blockchain.

4) Creating Lean Hospitals: The next step will be to create lean hospitals by replacing face-to-face consultations with consultations over mHealth and digital technology platforms. This will also be followed by reducing admissions to emergency cases. This is to save the patient time, improve doctor-patient relationship and reduce incidence of missed appointments which is cost-intensive.

5) Integrating Digital Health Systems into Decentralised Apps: This represents the final step in the overhaul of the traditional healthcare set-up into a decentralised Digital Health System. Patients, doctors, investors and training institutes will be integrated into a decentralised app where interaction is real time and peer-to-peer. Over time, the aim is to expand the integration of other hospitals into Markaccy’s blockchain, enabling a wider reach and thus creating more value. Markaccy Hospitals will have no beds at this point, and the focus will be on managing digital interfaces and resources, which will all be connected to the blockchain.

The need to undergo this transformation from traditional health systems to decentralised digital health systems will become a strong source of experiential learning for Markaccy and will establish decentralised digitalisation as a strong competence which is invaluable as a resource for future projects. And like other digital components which Markaccy aims to strengthen, this is how Markaccy’s Digital Health Systems will be strengthened in the journey of creating a Digital Economy.