Health In Tech and AlphaTON Capital have announced plans to develop HITChain, a blockchain-based platform for health insurance claims processing. The initiative aims to tackle inefficiencies, fraud, and transparency issues in the U.S. healthcare market, which is valued at $4.5 trillion. Health In Tech will contribute its insurance expertise and market connections, while AlphaTON Capital will provide the necessary blockchain infrastructure and security protocols. The platform will be built on the TON open network, with the goal of reducing the $30 billion annual cost of claims management.
Health In Tech and AlphaTON Capital to Develop Blockchain Health Insurance Platform
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