'Blockchain-based system may offer one-stop solution for aged-care'
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An Australian company has developed a blockchain-powered system which it says can help solve the biggest problems of the senior care sector that the traditional processes and systems have failed to resolve. With the influx of Blockchain technology across the'Blockchain-based system may offer one-stop solution for aged-care'
An Australian company has developed a blockchain-powered system which it says can help solve the biggest problems of the senior care sector that the traditional processes and systems have failed to resolve. With the influx of Blockchain technology across the domains from healthcare to manufacturing to shipping, old age care is still an unexplored field with a potential to systematise the entire ecosystem. A blockchain or distributed ledger is a continuously growing list of encrypted transactions called blocks. A block may contain any type of data such as unique digital identifiers of physical products. «Blockchain technology is a system that truly empowers ordinary people. It takes away the power of decision-making and planning from a central authority or a group of bodies,» said Sunny Kapoor, CEO, GladAge, a decentralised senior care ecosystem powered by Blockchain. "This powers a decentralised senior care system which is creating a senior citizen-friendly atmosphere with all the ... Read more