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Is the blockchain a part of the solution?

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Our worldwide health systems in low-income countries are in serious strife. We need to look no further than the hard medical facts to see that healthcare systems are failing third world countries on so many levels due to disease, illness and poorly available healthcare. This is resulting in a huge loss of lives in many nations, but specifically, Africa as a continent has the worst health records in the world with many countries life expectancy age as low as 50 years. There are a number of complex factors to consider, such as the ongoing costs of delivery, appropriate and safe distribution of funds, distribution of medicines and access to secure and reliable electronic health records.

Too often we think there is nothing we can do to support these issues. However, the latest wave of technology brilliance is bringing change at a great speed. So what if there was a way of using secure and user-friendly technology in Africa, combined with financial aid resources, public crowdfunding and a doctor-patient reward system to make the change in countries that need it really?

Let’s for a moment look at some of the most impactful health statistics in the world.

  • There are approximately 36.7 million people living with HIV, with 1.8 million people becoming newly infected in each year.
  • The WHO African Region is the most affected region, with 25.6 million people living with HIV. The African region also accounts for almost two-thirds of the global total of new HIV infections.
  • Despite being preventable and curable, Malaria deaths reached 445 000 in 2016 for that year alone.
  • The WHO African Region carries a disproportionately high share of the global malaria burden. The region is home to 90% of malaria cases and 91% of malaria deaths.
  • Tuberculosis (TB) is one of the top 10 causes of death worldwide.
  • In 2016, 10.4 million people fell ill with TB, and 1.7 million died from the disease. Over 95% of TB deaths occur in low- and middle-income countries.
  • In 2016, an estimated 1 million children became ill with TB and 250 000 children died of TB (including children with HIV associated TB).

*These statistics are from WHO based on 2016.

Now welcome Kinect (KinectHub.com) a new organisation that has worked with international aid organisations, advisors and healthcare experts to solve this great issue.

Kinect will redefine healthcare systems in low-income countries while providing a new financial and technology ecosystem that will drastically benefit the end healthcare user and reward patient and doctor behaviour. It will also give the public a chance to become involved in this great healthcare ecosystem with donations and investment opportunities that are quantifiable and rewarding.

An integral part of the technology platform behind Kinect is the blockchain technology that solves storage, security and accountability issues. This builds the infrastructure for a secure peer-to-peer network with greater efficiency, and most importantly providing medical records and data that cannot be altered.

Kinect is committed to providing a ‘no-cost’ service for the end user. Meaning every patient in a low-income country that visits healthcare will be captured electronically and benefit from the new system, with improved access to services, medications, vaccines and drugs at no additional cost.

For the past three years, their team of healthcare experts have been working with governments across Africa and international donor organisations to understand their challenges and deliver a much better healthcare solution.

Through this process Kinect is able to capture and build a valuable database of medical information, creating Big Data value for our stakeholders. Kinect works with stakeholders such as large multinational corporations, pharmaceutical companies, insurance companies, NGOs, research facilities and universities.

Kinect CEO, Guy Newing has worked for more than 30 years in the chronic disease and illness space with much time spent in the field, learning directly about low-income healthcare challenges. He worked with doctors to improve patient management and develop programmes to drive and change patient behaviour.

“Working for many years in challenged Asian regions taught me about the great challenges that these medical facilities faced, often without access to quality, affordable medicine and trained medical staff. There is often a shortage of well-trained medical staff. They are generally over worked and can struggle to provide more than essential treatment. Patients often struggle to get adequate treatment, taking time from work means loss of income which is heavily relied on to feed their families and the cost of drugs can mean buying the full course of medication is not an option. It became clear there needed to be a medical rewards system, to incentivise both doctors and patients so provide and properly follow up on treatments,” says Newing.

In 2016 Guy started working on the new Kinect system with two business partners. The team have worked tirelessly to develop the Kinect ecosystem along with leading experts and aid organisations from around the world. The result is a developed system that brings medicine, vaccines and doctor availability to patients for no additional cost, with patient and doctor incentives through the Kinect Now reward system. 

Kinect is currently raising initial funding for global investor conferences and marketing activities to promote their Initial Coin Offering (ICO). The total ICO raising is US$42m to be issued at US$0.18 per token. The Pre-ICO offer will kick off in a matter of weeks at US$0.09 and is capped at a maximum 171m tokens. The first $9millionUSD worth of tokens sold in the pre-sale will be matched dollar by dollar with donations to a range of African healthcare aligned charities.

For more about our Kinect team, our advisors, ICO dates and our global partnerships head online and pre-register: www.kinecthub.com

**This article was provided through a newswire and does not express the views or opinions of 61-Bit.

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Is the blockchain a part of the solution?
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The National Future Work Summit was a 10/10 and here's why we loved it