Wellgistics has launched a blockchain payment system leveraging Ripple’s XRP Ledger at 6,500 pharmacies in the US, enabling them to accept cryptocurrency payments for prescription drugs.
Brian Norton, the CEO of Wellgistics, highlighted the progressive stance of independent pharmacy owners toward blockchain technology, believing its integration will significantly transform the industry.
The healthcare blockchain market is projected to rise from 7.04 billion USD in 2023 to 214.86 billion USD by 2030, despite challenges like strict data privacy regulations hindering adoption.
Leave a Reply