Blockchain
XRP Healthcare Stops XRP to XRPH Swap Facility, Ensuring Token Scarcity on June 7th
XRP Healthcare, a pioneering company at the intersection of blockchain and healthcare, has announced a strategic move to halt its XRP to XRPH token swap facility come June 7th, 2024, or as soon as its allocated XRPH Swap facility tokens have been depleted. This decision comes in response to the unprecedented demand for its XRPH tokens, underscoring the importance of preserving the finite supply for its existing exchange platforms and the revolutionary XRP Healthcare Prescription Savings Card App available Google Play and Apple Store where it can be used in up to 68,000 pharmacies such as Walmarts, CVS and Walgreens for up to 80% savings off prescriptions and medications in return for $1.00 of XRPH tokens each time the card is used.
With a fixed total supply of just 100 million XRPH tokens and the issuing account blackholed to prevent any future issuance, XRP Healthcare is committed to maintaining the scarcity of its tokens. A Blackholed issuing account means that no additional tokens can ever be created, ensuring the total supply remains constant. This is in stark contrast to centralized financial systems, where governments and central banks can print more fiat money at will. Examples include the Federal Reserve in the United States and the European Central Bank, both of which have engaged in significant monetary expansion in recent years – Over time, this increase in fiat money supply can lead to inflation, diminishing the value of the currency.
“Halting the swap facility is a crucial step in ensuring the long-term integrity and scarcity of XRPH tokens,” said Kain Roomes, CEO and Founder of XRP Healthcare. “By Blackholing the issuing account, we are aligning with the best practices in the cryptocurrency space to maintain the value of our tokens for our consumers.”
Scarcity has long been a fundamental principle in the crypto world. A prime example is Bitcoin, which undergoes a “halving” event approximately every four years. The most recent halving took place in April 2024, reducing the reward for mining new blocks by half. This process inherently limits the supply of new Bitcoins, contributing to its status as “digital gold” and often leading to significant price appreciation post-halving.
“By halting the swap facility, we are taking a proactive approach to managing our token supply, much like the mechanisms seen in successful cryptocurrencies such as Bitcoin and Ethereum,” said Laban Roomes, Business Development Officer at XRP Healthcare. “This ensures our consumers benefit from a finite supply of XRPH tokens which day by day are becoming increasingly scarce”.
XRP Healthcare has also made significant strides recently, with the XRPH token rising from a CoinMarketCap position of over 3500 to its current position of around 1400.
Adding further to the trust and transparency the XRPH token supply is verified on CoinMarketCap (CMC), and operates as a validator node on the XRPL.
Furthermore, the company’s expansion plans in Uganda and the wider African region are well underway. This includes the successful registration of its Trademark in Uganda, a necessary requirement to brand private healthcare acquisitions of pharmacies, medical centres and hospitals with its logo – along with its commitment to be self-autonomous, and to not rely on any third parties.
XRP Healthcare is raising its own funds to begin the mergers and acquisitions of private healthcare facilities in the region.
The company has also appointed Uganda-born Peter Waiswa, an advisor to UNICEF, WHO, and the Bill and Melinda Gates Foundation, to their advisory board. XRP Healthcare appears to be completely focused on potentially disrupting and impacting the African healthcare system.
“In a market where the scarcity of digital assets is a critical component of their appeal, our initiative demonstrates a proactive stance in safeguarding the integrity and worth of XRPH tokens,” added Whitney Lynn, Chairman of XRP Healthcare. “This move not only responds to current market dynamics but also positions XRPH as a valuable and sought-after token in the burgeoning field of blockchain-based healthcare solutions.”
The post XRP Healthcare Stops XRP to XRPH Swap Facility, Ensuring Token Scarcity on June 7th appeared first on HIPTHER Alerts.
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
Digital Payment Gateway Market
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
-
Blockchain6 days ago
Pelican AI and Christie Capital Announce Launch of Brokered Financing
-
Blockchain Press Releases5 days agoBybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
-
Blockchain7 days agoBlocks & Headlines: Today in Blockchain (BubbleMaps, Pantera Capital, Week 2025, FP Complete, FP Block, Bybit, FarmX)
-
Blockchain5 days ago
Sportsbet.io Becomes New Title Partner of Snooker’s Players Championship, Tour Championship and Champion of Champions
-
Blockchain Press Releases5 days agoThe Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
-
Blockchain Press Releases6 days agoBybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
-
Blockchain Press Releases6 days ago
Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake
-
Blockchain5 days agoFast, Secure, and Seamless: Bybit Card QR Pay Set to Transform Payments in Brazil
