Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain Based Health-Care Platform Solve.Care Collaborates with Chainlink
Narender Charan
@narender
In a recent announcement, Solve. Care has partnered with Chainlink. With this collaboration, the blockchain-based healthcare platform Solve. Care aims to integrate Chainlink’s decentralized oracle network on its platform. Thus aiming to expand and leverage the role of smart contracts in the healthcare industry.
Benefits of this partnership
This partnership will allow Chainlink’s decentralized oracle network to source and deliver the off-chain medical data. Thus allowing the execution of smart contract-based healthcare services. The partnership also emphasizes Chainlink’s oracle’s critical role in connecting key datasets and non-blockchain devices to Care Networks. These Care Networks run a range of healthcare services, including but not limited to remote monitoring of patients with chronic ailments, managing patients with diabetes, etc.
In essence, this collaboration will help the healthcare industry leverage smart contracts to measure their services’ efficiency and efficacy. At the same time, they are eliminating the inefficient legacy systems draining billions of dollars. Solve. Care is already leveraging blockchain technology to reduce fraud and waste in the healthcare industry. With this partnership, the platform will use an external oracle to verify external medical data. Thus ensuring the secured execution of tamper-resistant smart contracts.
During the announcement, Pradeep Goel, CEO of Solve.Care said,
This integration gives us tremendous options to use Chainlink’s secure networks to ensure a more efficient healthcare process across the industry. From individual patient care to practitioners, insurance providers, and medical device industry needs, Chainlink oracles will allow us to address our smart contract solutions’ external data requirements for the healthcare industry. This will lead to greater adoption of blockchain in the healthcare sector.
About Chainlink

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The Chainlink network provides reliable and tamper-proof real-world data for complex smart contracts and vice-versa. Furthermore, by using oracles, the Chainlink network can bring off-chain data to on-chain smart contracts in a decentralized manner. Therefore, it is a decentralized network of nodes that help provide data and information from off-blockchain sources to on-blockchain smart contracts via oracles. Chainlink also has its native token LINK that is used to pay for services on the network.
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Written by
Narender Charan
@narender
Narender is a digital nomad & crypto writer. He's currently living in this small Himalayan village with a perfect balance of wilderness and an LTE network.
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