The Provision of Health Care Funding For a 21st Century within a Tokenized World?

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Sometime, soon, we need to switch off our old 20th Century digital world, and move to a world that properly integrates trust, and where we can audit large and complex infrastructures by the minute (rather than waiting for months to know the state of our accounts).

It will be a world which doesn’t involve pushing paper-based contracts, and one which won’t have financial transactions based on 16 digit credit card details and sort codes. It will be a seamlessly integrated world, and where tokens are traded and exchanged. The ownership of an asset, too, will be defined with whoever as the required signed asset token. Services will be provided through the exchange of tokens, and where the owner of the token infrastructure can issue new ones.

Our world will become a whole lot more trusted.

So let’s say I want to redesign health care services in Scotland? How would we even start to do it? So let’s keep it simple, and where we have some funders (such as FrankNHS, PeggyCouncil and MalloryGov), and some health care provides (such as AliceCare and BobCare):

Meet Ethereum and ERC-20 tokens

Within the Ethereum blockchain we can record transactions and run smart contracts. These things allow us to…

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Prof Bill Buchanan OBE FRSE
ASecuritySite: When Bob Met Alice

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.