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XRP Enters African Private Healthcare Sector
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XRP Enters African Private Healthcare Sector

Daniela Kirova
Daniela Kirova
March 31st, 2023
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  • XRP Healthcare is the flagship healthcare and pharma platform running on the XRP Ledger
  • XRPH, the native token, can be used to send and receive funds as it’s paired with USDT

XRP Healthcare has announced an initiative to use its subsidiary XRP Healthcare Africa to acquire and merge privately owned healthcare establishments on the continent with the purpose to create a sustainable, leading healthcare network, Bankless Times learned from a press release.

XRP Healthcare was founded by Laban and Kain Roomes, father and son from the UK. It is the flagship healthcare and pharma platform running on the XRP Ledger. Its founders present it as an investment vehicle for privately owned care homes, clinics, hospitals, and pharmacies.

Focused investments to improve healthcare

XRP Healthcare Africa is entering the African market as a healthcare acquisition company with the purpose to create a better, more sustainable network through investments in privately owned healthcare institutions. This will ensure improved access to medical provisions, doctors, and healthcare systems.

In the process, stakeholders will use XRP Healthcare's developing blockchain technology. XRPH, the native token, can be used to send and receive funds as it’s paired with USDT (Tether).

The healthcare market of the continent is expected to reach $259 billion in 7 years, which makes the international expansion very timely. The population is anticipated to reach 2.5 billion by 2050, twice what it is now. This will require solutions for quality healthcare institutions to deal with the morphing nature of illnesses.

Kain Roomes said:

It is amazing to think that in such a short space of time, so much has been accomplished – I am extremely proud that as a company we are investing in the deeply fragmented African Healthcare sector to deliver premium and accessible healthcare to all, fueled by our native token (XRPH).

A trailblazer in the healthcare industry

XRP Healthcare Africa hopes to become a trendsetter in the local healthcare sector, aiming to resolve some of the key healthcare-related challenges. Its global partnerships, innovative investment strategy, and cutting-edge payment systems are positioning it to become a world healthcare leader.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.