When Crypto Comes to Health Care

By KIM BELLARD The conflict between Ukraine and Russia has been called many things.  To most of the world, of course, it’s considered an invasion, a war between the two countries.  To Russia, it’s a “peacekeeping” mission.  The description that I can’t get out of my head, though, is one that I believe The Washington Post first used:  it’s the world’s first crypto war.   “There is something about the war in Ukraine that feels different,” a former U.S. intelligence official told Nick Bilton. “We’ve seen wars documented on Twitter and images shared on the internet before, but this time it isn’t just bombs and bullets; this war is digital from the top to the bottom.” And, Mr. Bilton says: “At the center are cryptocurrencies.”   If crypto has come to war, can healthcare be far behind? ——– The Post article was in the early days of the war, and focused mostly on how Russia might try to use crypto to lessen the impact of many financial sanctions that have been imposed. That remains a concern, but what has transpired since has opened up many people’s eyes about the use of crypto.  Ukraine has raised around $60 million in crypto contributions, according to blockchain analytics firm Elliptic, both directly to the Ukrainian government and to Come Back Alive NGO.  These contributions are being used not only for supplies and humanitarian relief, but also for purchase of military equipment.  Ukraine is, in part, c...
Source: The Health Care Blog - Category: Consumer Health News Authors: Tags: Artificial Intelligence Health Tech cryptocurrency Healthcare Russia Ukraine Source Type: blogs