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Patientory adds cryptocurrency payments in healthcare via BlockCypher

Patientory adds cryptocurrency payments in healthcare via BlockCypher

BlockCypher, a provider of blockchain web services and infrastructure has enabled cryptocurrency based payments for the Patientory app which will be released for download in the App Store and Google Play on May 31st. Using BlockCypher’s web services, Patientory users can use digital assets to instantly pay medical bills, receive reimbursements and process claims along with managing their health data.

This is the first example of blockchain interoperability in a mobile healthcare application where one blockchain is used for managing patient data and another blockchain is used for payments. This showcases how multiple blockchains are used in a single application, for the use cases they are best fit.

“We are excited to release the Patientory App with BlockCypher’s integration for payments. With BlockCypher’s web services, we provide patients the option of using their payment blockchain of choice at the same time we provide the highest levels of access to and mobility of their healthcare data.”

Chrissa McFarlane, CEO of Patientory, Inc.

BlockCypher also joined Patientory Stiftung, a Swiss-based global nonprofit healthcare member organization founded for adopters of the PTOY blockchain. The PTOY blockchain securely stores and manages health information in real time.

“We look forward to working with Patientory to make it easier to manage healthcare data and make payments without delays and additional costs. Reducing the costs of managing healthcare payments will mean more resources can be directed to better health outcomes, instead of billions wasted on inefficiencies and interoperability issues.”

Karen Hsu, Head of Growth at BlockCypher

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