A few years back, it was tremendously tough to locate traders or merchants who would accept or agree to trade with cryptocurrencies. However, the years have changed and many merchants are now accepting, trading and even investing cryptocurrencies in crypto markets. Check out https://smartoptions.io/telegram-crypto-signals/.
But what is a cryptocurrency?
According to cointelegraph.com, “A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.”
Today, merchants or traders, whether offline or online, welcome cryptocurrencies such as Bitcoins as a payment mode or type. Newegg and Overstock are examples of big eCommerce retailers that accept certain cryptocurrencies. There are also a few small restaurants, shops, and bars that accept these kinds of currencies as well. Some can even use cryptocurrencies particularly Bitcoins to pay for flights, hotels, and computer apps and hardware.
Cryptocurrency for Health Care
Since healthcare or wellness programs can be costly and at times inefficient, Dr. Gordon Jones and Courtney Jones, both entrepreneurs and who are not related to each other, co-founded the creation of the Universal Health Coin.
The Universal Health Coin, a corporation for the benefit of the public, is now creating a system for healthcare finance that is crypto token-based. The system is said to operate on blockchain technology and cryptocurrency as a utility to devolve the provision and reasonable payment of worldwide health services. It may be questionable by many but the Universal Health Coin tenders a resolution and answer to the problems in healthcare that is experienced around the globe.
They are also developing a plan to be able to sell these tokens, establish the system, protocols, and procedures for the distribution and implementation of the said platform. Additionally, a Universal Health Coin Wallet is also set up and will be financed through contributions given on a monthly basis by members for the purpose of payment for services and fees related to healthcare that they might require in the future. The said wallet is debited and the coin value is fixed to the worth of the cryptocurrency Neo.