Towards Universal Health Coverage: The case for blockchain in low- and middle- income countries

October 31, 2019
July 10, 2019

Universal health coverage (UHC) gained global traction with the UN Sustainable Development Goals (SDGs). Under SDG 3.8, a sense or urgency was created among global health leaders to identify and scale effective strategies to ensure that everyone everywhere receives the quality health services they need without facing financial hardships. Global health is on the spotlight until at least 2030 for its ability to deliver on the SDG’s universal health coverage ambitions.

However, efforts to achieve “health for all” have been underway for many decades. In 1978, The Alma-Ata Declaration was in itself a revolutionary movement that set out primary healthcare as a way to achieve health for all.

Awareness is a great agent for change and it has been raised. Progress has been made despite constrained national budgets and competing priorities. However, out-of-pocket payments for health services in developing countries is still unacceptably high given the movement towards universal health coverage.

Despite breakthroughs to date, the challenge remains and is perhaps in need of its own personal game changer.

Emerging digital technologies like blockchain have the potential to revolutionize universal health coverage, if properly implemented.

After all, we are in the era of digital financing!

The HIT Foundation has developed a solution poised to transform health financing in developing countries. The value of health information can be tokenized and converted into the future health currency. Through blockchain-technology people control access to their health data and get a fair reward for its use. HIT Foundation’s goal is that everybody can afford health services by making their data shareable.

We hope our current projects will become the evidence of change and progress towards health for all.

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