What will integration with Mastercard and Visa bring us

7 Nov, 2022
03:27 min read

Mastercard and Visa are global payment technology companies that provide a platform for consumers, businesses, and organizations to make electronic payments. Its payment processing network offers credit, debit, commercial, and prepaid cards, too. They work with more than 150 currencies and in more than 210 countries and territories. It offers several types of payment products to financial institutions like banks and credit card issuers.

As a project that stands at the origins of the MedFi trend, setting the pace for the entire market and driving the industry, DeHealth is excited to announce integration with Mastercard and VISA.

Such a step can be considered revolutionary without exaggeration, because we are making another big step towards the mass adoption of cryptocurrency into our everyday life. DeHealth considers its mission to bring millions of solvent people offline to the Web3 eco-system and without any doubt the whole industry will benefit from this.

Buying DHLT token with a debit and credit card will greatly simplify the entire technological process and provide an opportunity for a wider range of stakeholders to purchase the necessary medical data, and these are research institutes, pharmaceutical, medical, insurance, technology, information companies that are in dire need of validated data for their latest developments and internal research.

With DHLT, anyone can upload and store their health data, receive and post digital information, and sell their anonymous data. DHLT tokens are used to pay for services within the DeHealth app, as well as as an economic incentive to ensure the long-term storage of health data and its continuous supply.

Web3 explained by VISA:
Internet with no/fewer central intermediaries. Users own their data, and the web processes content in a humanlike and semantic manner.

  • End-user empowerment
  • Read, write, and execute
  • Multi-way flows
  • Decentralised architecture

There’re 1,7 billion people unbanked: there’s a huge opportunity to close the gap thanks to blockchain, crypto and DeFi.

The global blockchain market in the healthcare market is expected to grow at a CAGR of 63.85% between 2018 and 2025, reaching a value of US$5.61 billion by 2025. The use of blockchain for healthcare data exchange will account for the largest market share throughout the forecast period, reaching a value of $1.89 billion by 2025, owing to the use of blockchain to solve the most common problem in healthcare information systems. The blockchain market in health insurance is expected to show the fastest growth rate among all applications, with an average annual growth rate of 70.2%. According to Blockchain Market Statistics, the healthcare industry is one of the biggest spenders on blockchain technology.

Much of the market is already moving towards decentralized financing in healthcare (MedFi), in which DeHealth is a pioneer, setting trends and developing the market.

MedFi’s main objective is to qualitatively complement the banking sector with the technology of a digital and decentralised financial system. That is, to open up a large number of people to medicine and new investment platforms, and allow them to generate passive income from monetising their medical data. Therefore, the new aforementioned integration of Mastercard and VISA, with the support of Indacoin, is a key element of our roadmap, which we are strictly following and improving the whole industry by implementing the necessary solutions.

Focusing on an important point, it is quite worth noting that VISA takes a large % for the purchase of cryptocurrency, taking into account the risk zone, but DeHealth compensates for this % and buying DHLT for $100, all users receive tokens for the entire amount spent.

Only with the help of DeHealth token our strategic partners get access to depersonalized data, and according to the integration of Mastercard and VISA this process has been significantly improved and simplified.

Also please note that the payment method within this integration is currently not available in the following countries: Afghanistan, American Samoa, Albania, Algeria, The Bahamas, Bangladesh, Barbados, Bolivia, Botswana, Cambodia, China, Colombia, Democratic Republic of the Congo, Ecuador, Egypt, Eritrea, Gambia, Ghana, GuineaBissau, Guyana, Iran, Iraq, Ivory Coast, Jamaica, Laos, Lesotho, Liberia, Mali, Mauritius, Mongolia, Morocco, Myanmar, Namibia, Nepal, Nicaragua, Niger, Nigeria, North Korea, Pakistan, Panama, Papua New Guinea, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tanzania, Trinidad and Tobago, Uganda, United States of America, Vanuatu, Yemen, Zambia, Zimbabwe.

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