DeFi and healthcare: A trillion-dollar opportunity for the taking By Cointelegraph

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DeFi and healthcare: A trillion-dollar opportunity for the taking

Published Sep 19, 2020 06:00AM ET Updated Sep 20, 2020 08:20AM ET

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DeFi and healthcare: A trillion-dollar opportunity for the taking

With today’s technological and medical advancements, quality, affordable healthcare should be a basic human right: healthcare for every single person, no matter their socioeconomic level or geographic location.

The global size of the healthcare market was worth over a staggering $8.45 trillion in 2018 and continues to grow. With the onset of the COVID-19 pandemic, it’s well known that medicine is moving online and going digital. But how is this related to decentralized finance? The decentralized finance community is rapidly growing but is currently still in its early stages with the focus primarily on yield farming.

Pradeep Goel is the CEO of Solve.Care. With over 25 years of experience in healthcare, Pradeep has worked with two U.S. presidential administrations on implementing Medicare and Medicaid programs, the Affordable Care Act, and other government programs. At Solve.Care, he and his international teams have designed and implemented a blockchain platform to improve care coordination while cutting healthcare waste, fraud and administrative burden.

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US 30	33,900.4	-106.5	-0.31%
US 500	4,321.5	-15.9	-0.37%
Dow Jones	34,006.88	+43.04	+0.13%
S&P 500	4,337.44	+17.38	+0.40%
Nasdaq	13,271.32	+59.51	+0.45%
S&P 500 VIX	16.90	-0.30	-1.74%
Dollar Index	105.752	+0.062	+0.06%

Crude Oil WTI	89.38	-0.30	-0.33%
Brent Oil	91.56	-0.32	-0.35%
Natural Gas	2.887	-0.015	-0.52%
Gold	1,932.35	-4.25	-0.22%
Silver	23.223	-0.162	-0.69%
Copper	3.6717	-0.0025	-0.07%
US Soybeans	1,306.38	+7.13	+0.55%

U.S. 10Y	4.560	+0.018	+0.40%
U.S. 30Y	4.679	+0.020	+0.43%
U.S. 5Y	4.636	+0.016	+0.34%
U.S. 3M	5.479	-0.002	-0.03%
US 10Y T-Note	108.05	-0.12	-0.12%
Euro Bund	128.75	-0.10	-0.08%
10-2 Yield Spread	-59.78	+8.04	+-11.85%

Apple	176.08	+1.29	+0.74%
Alphabet A	131.11	+0.86	+0.66%
Tesla	246.99	+2.11	+0.86%
Amazon.com	131.27	+2.15	+1.67%
Netflix	384.80	+4.99	+1.31%
Meta Platforms	300.83	+1.75	+0.59%
Bank of America	27.60	-0.04	-0.14%

DeFi and healthcare: A trillion-dollar opportunity for the taking

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