What is SOLVE?
Solve token (SOLVE) is a native digital token of the Solve.Care platform, which allows to create blockchain-based digital healthcare networks. The platform was developed to address the issue of high administrative charges in the healthcare industry. The administrative costs make up approximately 30% of the medical bills users incur. Solve.Care seeks to use blockchain technology to lower these costs, hence, improving treatment outcomes. Additionally, the protocol addresses the issues of duplication, waste, fraud, and abuse.
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Through the decentralization and immutability of blockchain technology, Solve.Care provides users with secure peer-to-peer transactions. The project delegates authority to individual stakeholders, which includes businesses, consumers, developers, and even government agencies. Besides, Solve.Care also enables healthcare stakeholders to build their own dApps, this way creating the Care Network. The network connects healthcare providers with users. It provides them with secure, easy, and cost-effective payments and information sharing.
Overall, Solve.Care empowers consumers with cost control, lifting the burden of healthcare providers and improving the quality of their services.
Use Cases of SOLVE Tokens
SOLVE is a programmable cryptocurrency used for payments, administration, and coordination of medical treatment on Solve.Care. In order to increase the platform's value in terms of audibility, reconciliation, reporting, and utilization, the Solve token acts as its fuel.
In essence, SOLVE tokens are used to tokenize all Care Network dApps. As mentioned before, the token facilitates all transactions and payments within the platform. For example, SOLVE can be used to cover Care Admin network fees or create Care Wallets. In addition to that, it can also be used to buy Care.Cards, participate in the Care.Marketplace, or pay for service and integration fees.
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Who Founded SOLVE?
Pradeep Goel is the founder and CEO of Solve.Care protocol. Goel has a lot of experience in the healthcare, finance, and technology industries. He held senior positions in various reputable technology and healthcare projects for over 25 years before creating Solve.Care. For instance, Goel actively participated in building public healthcare programs such as Medicare and health insurance exchanges.