Flexid Technologies, a blockchain firm encouraging the use of digital identities, has announced that its solution was used by thousands of Zimbabwean homes and patients who took part in a local health survey research.
Using Technology to Reduce Healthcare Costs
Flexid Technologies, a blockchain firm, has announced that it made its digital identity solution available to 15,000 homes and 50,000 patients who participated in a Zimbabwean baseline survey. Ubuntu Clinic, a local healthcare facility, conducted the poll between 2021 and early 2022.
Flexid Technologies CEO and co-founder Victor Mapunga stated why his company chose to participate in the poll in statements published by Techzim following the release of the study’s conclusions. He elaborated:
We think that harnessing the potential of technology in the healthcare sector is critical for cost reduction and, more crucially, patient outcomes improvement.
Mapunga also indicated that the poll results would aid in the development of his company’s blockchain-based digital identity solution for patients and health staff not only in Zimbabwe, but throughout the African continent.
Flexid Technologies’ digital identification system, which is registered in Singapore, is based on the Algorand blockchain and enables users to instantaneously validate a patient’s medical data. On the other hand, Mapunga noted that storing data on the blockchain protects against common issues such as identity theft or data corruption.
Munyaradzi Chakonda, founder and CEO of Ubuntu Clinics, stated that the survey data will be used to develop a solution that will help poor communities avoid the risks associated with a lack of access to healthcare services.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.