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Monday, May 12, 2025

Putting Care Back In Health Care Through NFT's And Blockchain - PR Newswire

CHARLESTON, S.C., Sept. 1, 2022 /PRNewswire/ -- Black Ink Technologies Corp., an integrated hardware and software company providing end-to-end zero trust immutable solutions for products and services, confirmed today that it has licensed its 20th filed patent. "Management and Tracking of Patient Encounters and Medical Information including Immutable Tokens, Digital Assets, and Smart Contracts."
A variety of studies over the last 2 decades have found that administrative expenses account for approximately 15% to 25% of total national health care expenditures, an amount that represents an estimated $600 billion to $1 trillion per year of the total national health expenditures of $3.8 trillion in 2019. Black Ink Tech subsidiary Paired Pharma Inc aims to "Put Care Back In Health Care" by utilizing blockchain, tokens, and NFTs to remove friction and provide immutable confirmed data to improve these admin processes, and reduce or eliminate fraud and patient encounter misclassification and...



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