Akon‘s Akoin Stellar (XLM)-based blockchain network and cryptocurrency, has collaborated with healthcare solution provider Jeev to enable millions of people in Rwanda and the rest of Africa have access to healthcare.
Akon’s blockchain firm intends to digitize healthcare in Africa
Akoin, a digital asset platform launched by renowned musician and crypto investor Akon, has been increasing its footprint in Africa in recent months, propelling the firm from relative obscurity to the forefront of blockchain development on the continent.
Now, the firm has expanded into healthcare by partnering with Jeev, a blockchain-based network that connects patients with healthcare providers.
According to the firm, the cooperation is a logical extension of Akoin’s mission of improving social opportunities and access to financial services across the African continent.
Jeev will be able to use the Stellar-based Akoin token to deliver its blockchain-based medical service for digitizing healthcare across the whole patient life-cycle—from in-person encounters with physicians and patient records to diagnostics—as part of the agreement.
Dr. Sanjeev Kaila, a physician located in the United States and the founder of Jeev, stated that the Akoin token would power all financial and incentive transactions on the Jeev platform, allowing the business to expand its reach across Africa:
“Offering the Jeev application within the Akoin platform extends our reach beyond Rwanda into other countries throughout Africa, together improving the quality and cost of healthcare in developing countries.”
Africa’s significant ties with Akoin
Jon Karas, Akoin’s co-founder and current president, stated that the firm was very proud of its cooperation with Jeev and was looking forward to working together to deliver digital healthcare services to the larger masses.
When deciding how to have the most social effect, Akoin looked at firms and business strategies that allowed for both growth and sustainability. According to Karas, Jeev was an obvious option since it allowed Akoin to supply and grow healthcare services to Africa’s most neglected areas.
Akoin has been forming huge alliances across Africa, announcing earlier this year that it will become the primary currency for the Mwale Medical and Technology City (MMTC) in Western Kenya and moving forward with plans to create the namesake Akon City in Senegal.
The corporation granted the $6 billion futuristic city construction and execution contract to KE International, a consulting and engineering firm located in the United States. The business, which raised $4 billion from investors for the first and second stages of Akon City, was also in charge of designing and constructing the Mwale Medical and Technology City (MMTC), which is scheduled to open in December 2020.