New blockchain platform aims to cut prescription costs: 4 notes

Pharmeum is the latest blockchain platform for healthcare providers. The decentralized ledger also uses artificial technology.

Four notes:

1. The blockchain platform aims to reduce the cost of medicine, minimize errors within the healthcare landscape and create frictionless, quality care for patients.

2. Through Pharmeum, physicians can transfer smart contracts, medical data and prescriptions between patients, pharmacies and insurance companies.

3. The blockchain is designed to limit administrative work for physicians while enhancing revenue through the technology’s digital ordering system.

4. Pharmeum will feature cyrptotokens as a universal currency for medication and treatment. The company is offering 750 million tokens to the public, with a majority to be offered prior to Pharmeum going public.

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