What Is Solve (SOLVE)?
Solve token is a utility token for Solve.Care, a blockchain-based decentralized healthcare platform. Solve is a programmable token created for healthcare care coordination, administration, and payments. The Solve token serves as fuel for the platform, seeking to raise a lot of value in terms of audibility, reconciliation, reporting, and usage.
Solve token is also used by businesses (B2B), consumers (B2C), governments (B2G), and developers (B2D) all around the world. Government agencies utilize the SOLVE token to power Care Administration Networks, which help them better manage the healthcare demands of various demographic groups. Developers, administrators, and collaborators seek to use the token while creating and distributing Care.Cards and Care.Protocol extensions to interact with native IT systems to foster worldwide acceptance of the platform. Users with families, as well as their caregivers, use the platform's token to seek to effectively manage their patients' wellness with Care. Cards.
According to its whitepaper, the Solve.care platform addresses the issue of high administrative charges placed on medical bills, with administrative costs accounting for up to 30% of medical expenditures. Therefore, the platform seeks to provide improved treatment outcomes by lowering healthcare administrative costs and lowering the risk of duplication, waste, fraud, and abuse. The platform seeks to facilitate a peer-to-peer transaction that delegates authority to individual stakeholders while empowering payers for cost control, decreasing the burden on healthcare providers, and improving individual care experiences. The Solve.care protocol is an entity-pair relationship tied to a smart contract on the blockchain, with all important events being recorded and coordinated before being provided to the appropriate party when needed.
SOLVE is an ERC20 token based on the Ethereum network, required to participate in and transact on the platform. The token is used to pay for Care Admin network costs, to create Care Wallets, to buy Care.Cards, to participate in the Care.Marketplace, and to pay for services and integration fees.
History of Solve (SOLVE)
Pradeep Goel is the founder and CEO of Solve.care. He has built various public programs such as MediCare and Children's Health Insurance as well.
