How CURE is on Track to Overhaul the Global Healthcare System
The human race is sick.
As sobering as it is to hear, it is an undeniable fact that despite impressive medical and technological advances that have vastly improved life expectancy, there is now a 96% chance that we will develop a significant health issue before eventual death. Furthermore, over 31% of our entire lifespan will be spent dealing with some type of major injury or illness, and the chances of developing some form of cancer are now over 50%. The fun list of other leading ailments affecting the human race at alarming growing rates are; musculoskeletal pain, depression, diabetes, heart disease, migraines, Alzheimer’s disease, tooth decay and hearing loss.
Much of our poor status of health can be attributed to lifestyle. The rise of sedentary desk jobs has increased 83% since 1950 according to the American Heart Association, (and with the recent pandemic and growth of remote working, this number will only further increase). On average people overestimate how active they are on a daily basis by 43%, only 2.6% of the world’s population go to the gym or do rigorous physical exercise, and of those approximately 200 million people, only 18% do this consistently. In addition, since the rise of fast food, our diets have largely been replaced by food imitating products that have very limited nutritional value, and as such rates of type two diabetes has soared 130% since 1990, peaking at 476 million people globally, who all suffer from this preventable disease. There are plenty of other factors at play, such as poor quality sleep, stress, environmental pollutants, overuse of technology, addiction to social media, and pornography, or abusive substances, all of which combine to be powerful factors that push us further away from perfect health.
The hard truth is that despite what pharmaceutical companies want us to believe, there is no panacea — no magic pill that can make us well. This is largely because many healthcare issues are actually social and economic rather than medical in nature, and require fundamental grass-root political changes that focus on healthcare education and awareness rather than profit margins. However, there are two other serious issues that form the toppling tripod of human health.
The first is a lack of accessible research data available to and shared by medical researchers. Currently there are vast gaps in the way that major disease data is shared and utilized worldwide, with most research institutes operating in pockets that rarely — if ever –communicate with one another. This is largely due to various national government regulations around personal data security, as well as the fact that many are funded by pharmaceutical companies, who keep the data for themselves. This all serves to hamper the progress of invaluable Cures and treatments for a large number of illnesses. An example of what can be achieved when these restrictions are removed was the Covid-19 pandemic, which saw companies work together and share data, allowing research labs to create vaccinations in three months and have them distributed worldwide in five.
The other issue is that of healthcare access. There is a presently a noticeable disparity in both the accessibility and quality of global healthcare — especially for those with lower income. In some locations it is literally impossible for some to gain access to a health facility, leading to deaths from treatable conditions. According to a report by the World Health Organization, half of the world’s population cannot obtain essential health services. In addition, due to prohibitive private insurance costs, a startling number of households are being forced into poverty due to having to pay for healthcare treatments themselves. At the time of writing over 802 million individuals spend over 10% of household budgets on health expenses for either themselves, or a loved one, and for more than 100 million, after payments were taken they had less than $2 left to survive on a day. This is no less than a ransom created by poor centralized healthcare systems that focus on profit over service to the people. The central issues are easily identifiable, but with such powerful institutions perpetuating and profiting from them, how is it possible to create a necessary change?
Enter CURE.
CURE is a Decentralized Finance (DeFi) project that sprung to life on the Binance Smart Chain less than 55 days ago, but has since gone on to immense success and recognition. The vision of philanthropist Jacob Beckley, the project is the natural evolution of the non-profit charity the Beckley Foundation, which has itself already raised over $1 Million for pediatric cancer research. Since its inception, CURE has taken the cryptocurrency scene by storm, raising its market cap to an All-Time-High of $56 Million and raising over $300,000 for cancer research and sufferers themselves, with a further $10,000 being raised every single day. However, it is Jacob’s laser-focused vision for the future of CURE, that will transform it from a benevolent cryptocurrency into the biggest healthcare system disruptor the world has ever seen. So what is that vision?
CURE Chain.
CURE Chain is a blockchain system that will be developed by the brightest minds in the field specifically for the project. The future utility of that system will then be utilized to solve the major issues plaguing the healthcare system today. The first problem that it will tackle is the issue around global research collaboration. CURE Chain will allow anonymous patient healthcare information to be stored as dynamic Non Fungible Tokens (NFTs), which will grow organically throughout the life of the individual (and earn them royalties in the process). Global researchers would then be able to easily tap into and share that information between each other across the world, using the decentralized and anonymous nature of the blockchain to easily circumnavigate the hurdles created by outdated and prohibitive centralized data policies. This in turn would mean that for the first time ever, researchers would be working together as a cohesive whole, which would allow cures and treatments to be discovered exponentially faster. In addition, research facilities could utilize the crowd funding aspects of cryptocurrency through CURE to continue private funding, allowing them to step away from institutions that would seek to keep treatments and cures to themselves for personal, financial gain.
The other issue that CURE will fix is that of aforementioned healthcare equality. Through CURE Chain, the project aims to position itself as the answer for that lack of access. Tokens could be traded, donated or accessed in number of other as-yet-to-be-announced ways, which would give everyone access to professional healthcare and treatment, regardless of geographical location or financial circumstance. A specific hypothetical example of how this would work is as follows:
An individual lives in a part of the world with severely limited access to a healthcare center. They then develop some form of symptom that causes them concern, such as an entire body rash. All the person would need to do is access a phone or a computer in some way — which almost laughably are far more available than healthcare — and log into the CURE system. At this point they would be able to schedule a video consultation with a licensed doctor who could perform a remote video examination. At this point the clinician would be able to prescribe the necessary medication delivered directly to the patient, or organise treatment at the closest available facility. Solutions to travel issues would also be factored in. According to Jacob, the exact methodology is still being ironed-out, however once implemented, this decentralized alternative to prohibitive centralized systems, institutions and insurances would completely level the playing field. The result would be exceptional healthcare at an affordable rate to all — a right that CURE believes everyone should have. Once implemented, this decentralized alternative to prohibitive centralized systems, institutions and insurances would completely level the playing field. The result would be exceptional healthcare at an affordable rate to all — a right that CURE believes everyone should have.
As the project lead explains, the only way that this overhaul can happen is if it comes from the bottom up. “Those at the top genuinely don’t believe the system is broken, and it also makes no financial sense for them to change things,” he says. It is Jacob’s belief that in the same way that cryptocurrency has been adopted on mass — despite the best efforts of centralized finance institutions — the change will come once people begin talking about and opting into the system on mass. “After this happens we will reach the point of saturation, where CURE will become enabled on a vast scale, whether that’s by the pharmacies or the healthcare networks themselves. They are going to all want to participate in this revolutionary project because they simply aren’t going to have a choice. That is how you revolutionize and decentralize global healthcare and research. That is how you heal the world.”
Now that is a cause worth investing in.
If you want to find out more about CURE and its mission, head over to their website at https://www.curetoken.net/ or join the telegram at https://t.me/curetokenv2
This article was written by Stuart Meczes. Please note that Stuart is not a financial advisor and nothing written above should be taken as financial advice.
