What’s Behind SOLVE Crypto’s Astronomical Rise in the Past 24 Hours?

Highlights 

• SOLVE – the digital token which powers the Solve.Care platform has risen over 170 percent in the past 24 hours, according to data from CoinMarketCap
• Care, is redefining the health care system through ways that could be achieved through the use of blockchain technology
• The recent spike is likely the result of the new joint partnership of Solve.Care and ARPI to address issues pertaining to the Medicaid market specifically.

Source: © Tashatuvango | Megapixl.com

A cryptocurrency which powers a health care network has exploded in the past 24 hours adding huge price gains to a value that has laid dormant for some time.

SOLVE – the digital token which powers the Solve.Care platform has risen over 170 percent in the past 24 hours, according to data from CoinMarketCap.

The practically vertical straight-line rise has sent the price of SOLVE to US$0.2095 as of October 20, 1.20pm (AEST).

What is Solve.Care?

People often thought crypto currency as a game changer in the world of finance. It’s easy to forget, though, that the technology that makes this possible -   Blockchain technology – has potentially more far reaching benefits that are currently revolutionising areas within finance.

Solve.Care, is redefining the health care system through ways that could only be achieved using blockchain technology.

It’s this technology which allows for the healthcare platform to redefine care coordination, improve access to care, reduces benefit administration costs, and helps reduce fraud and waste in healthcare around the world.

Source: © Zimmytws | Megapixl.com

The Founder and CEO of Solve.Care, Pradeep Goel, has extensive expertise in healthcare, finance, and technology.

Pradeep’s commitment to better healthcare is undeniable. He has always been deeply involved in providing solutions for America’s healthcare system, including Medicare and Medicaid as well as children health insurance and welfare programs.

Such contribution by Pradeep lead Goldman Sachs to include him in the 100 most promising entrepreneurs in the world.

What’s Driving the Sudden Surge

The issue of healthcare in the United States has been a puzzle that proved seemingly almost impossible to crack.

However, on September 30, 2021, Solve.Care and ARPI (American Research and Policy Institute) announced a joint partnership to address issues pertaining to the Medicaid market specifically.

With a population more than 350 million, many citizens at the lower end of the socioeconomic ladder are deprived of affords healthcare.

Pradeep is addressing this problem by utilising aspects of decentralized finance and the crypto ecosystem to create effectiveness and interoperability.

This means the complex IT protocols in blockchain could potentially serve millions