EOS Costa Rica Utilizing Blockchain to Launch Lifebank Healthcare Assistant

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

EOS
EOS

Join Our Telegram channel to stay up to date on breaking news coverage

EOS Costa Rica is taking advantage of the EOS.IO blockchain network to release what it calls Lifebank, an “incentive-based healthcare solution for blood donations” that are in place due to COVID-19, a press release notes.

Essentially, Lifebank ensures that doctors can “better manage the blood donation process, increase supply chain efficiency and automate rewards for donors.”

The platform is meant to help hospitals and caregivers with their lack of blood supplies. It ensures that there is a “value exchange” between those who donate blood and donation centers, helping to streamline and automate the “process of screening and logging viable candidates, and facilitates verifiable human accounts on a blockchain.”

Speaking on the matter is Edgar Fernandez, the co-founder of EOS Costa Rica, who said:

“The coronavirus pandemic uncovered a number of problem areas in the healthcare supply chain – one of which being blood donations. To help encourage continued donations, Lifebank connects blood donors to donation centers and local businesses, using smart contracts to provide consent between donation centers and blood donors. Those who donate blood using Lifebank will receive tokens to redeem at local businesses.”

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko & CoinMarketcap Api Key to get this plugin works