Category: Cryptocurrency News

New Study Investigates the Role of Blockchain-Based Data Capture & Crypto Incentives in Improving Patient Outcomes MMUST, the premier technology and innovation university in Kenya, and Immunify.Life, a transformative and self-sustaining healthcare ecosystem secured by blockchain, has entered into a partnership that will leverage MMUST’s academic and research prowess and the advanced tech infrastructure of Immunify.Life to address the issue of poor patient data collection, patient relapses, and misaligned incentives with a specific focus on HIV-positive patients in Kenya. In the innovative new study, Masinde Muliro University of Science and Technology (MMUST) and Immunify.Life will use blockchain technology to redesign health data capture, transmission, and sharing processes as well as treatment incentives to improve the health outcomes of HIV-positive patients in Kenya. This will be a 5-year collaborative effort, with the major goal being to improve patient outcomes and strengthen the performance of the Kenyan healthcare system. By carefully designing clinical studies in different regions across Kenya and addressing key healthcare challenges faced by some of the country’s most vulnerable populations, MMUST and Immunify.Life hopes to accurately identify the risk factors, causes, and obstacles faced by HIV patients in contracting HIV, receiving treatment, and adhering to their care regimens. One of the key features of the first study – which will commence in August – will be the use of Immunify.Life’s token reward system in improving treatment adherence in HIV/AIDS patients. All of the relevant approvals (specifically from the Institutional Ethics Committee and the National Commission for Science, Technology & Innovation) have been granted to MMUST for using Immunify.Life’s technology platform for this study. While Kenya has achieved a number of UNAID’s HIV 2020 goals, the country still has a long way to go, particularly in the areas of effective and sustained ART (antiretroviral treatment – the primary treatment for HIV/AIDS). About 70% of adults living with HIV in Kenya access treatment, but treatment coverage for children under the age of 15 is lower at about 60%. In Kakamega County where the MMUST and Immunify.Life study will be conducted, there are high prevalence, infection, and relapse rates for men, women, and children, making it the perfect location for a comprehensive, data-intensive study of HIV/AIDS and the socio-economic, policy, and related challenges that prevent people from receiving the treatments available to them. Study Objectives The primary objective of the first study is to investigate the effectiveness of incentives and paperless tracking systems on HIV treatment outcomes in the low socio-economic setting of Kakamega County. Other objectives of the study include: Testing the effectiveness of crypto-based token rewards on HIV/AIDS treatment adherence amongst patients with suspected treatment failure in Kakamega County; Evaluating the impact of token rewards systems on healthcare providers; Identifying the socioeconomic factors that hinder the retention of HIV patients with suspected treatment failures; Developing and testing an integrated, cloud-based system for improving treatment adherence of HIV/AIDS patients with suspected treatment failures. The HIV treatment outcomes study is the perfect opportunity for MMUST, Immunify.Life, and other official partners and organizations such as Kenyan healthcare policy leaders and strategists to conduct a real-world test of the effectiveness of crypto-based rewards and blockchain-based data capture and sharing on HIV treatment adherence rates. The technologies in play have the power to vastly improve treatment adherence and empower patients, communities, and entire countries, and this study hopes to prove beyond any doubt the benefits of an integrated, blockchain-based approach to tackling some of the world’s most important health challenges. Masinde Muliro University of Science and Technology is a technology-oriented, innovative university in Kenya. With about 17,000 students enrolled, the university focuses on international collaboration. It has a partnership with an NGO called Save the Children Fund which staffs 25,000 people in 117 countries. The Immunify.Life team says its mission is to “transform the landscape of health management and data utilization” by strengthening global health systems and access to health data “via an incentivized data capture tool developed for the Immunify.Life disease register.” The organization hopes to scale organically by expanding its patient base through working with various government entities, NGOs and donors.

Trending now in the Crypto space is an easy way out of the bearish market with profits in hand. Some cryptocurrency enthusiasts and veterans have turned to other means of earning crypto, while they wait out the unfortunate events unfolding in the crypto market. One of such ways involves earning passive income on CeDeFi exchanges. Research shows that CeDeFi offers much more profit from staking cryptocurrency assets than DeFi exchanges alone. The Operational Methods of CeDeFi Exchanges Merging centralized finance and decentralized finance provided the world with a hybrid CeDeFi to ease the burden of digital transactions and increase transactional blockchain scalability. CeDeFi is an uprising system set to conquer the setbacks that plague traditional transactions. The creation of CeDeFi led to a better and more effective method of combining the best of two digital finance systems. The resultant Centralized decentralized finance (CeDeFi) was achieved by the best of Decentralized Finance (DeFi) and centralized finance (CeFi) protocols. Major exchanges in the cryptocurrency industry have adopted the CeDeFi system and are thriving, while others are still catching up. CeDeFi platforms, such as Midas investments, provide structures for creating investment plans to accommodate a handful of investments and different tiers of investors, ranging from high-risk to low-risk investors. Plans for fundraising are underway to gather “round A” and successfully launch the Midas project. Midas provides security for investors via their top-level security medium called Fireblocks. Fireblocks framework integrates security functions and enhancements of automated transactions on the platforms. The integration of Fireblocks into Midas investments provides users with an additional level of security and support. This makes Midas a secure network provider and elevates it as a benefitting financial-grade option for digital finance systems. The CeDeFi company built various investment strategies to capture major institutional investors and family funds. Investment plans can be produced by integrating a myriad of functional strategies that will suit the ever-evolving digital finance system. Midas is capable of changing with the tides and constantly evolving with a foresight approach to provide investors with the most recent development of investment strategies that are in line with current events. Midas Offers Investment Benefits Using CeDeFi What the platform offers investors is an assurance of profit yielding from crypto, provided by CeDeFi. They have created 3 digital finance strategies designed to yield passive income for investors. One of the notable efforts in that regard is high APY.  The APY on Bitcoin assets ranges between 9 and 12%, Ethereum is about 10%, and stablecoins (USDC, Tether) are above 14% APY. Other cryptocurrencies can be combined with Algo to generate passive income profit. Midas core team combines both market experience and other financial tools relevant to Algo’s infrastructure and all-day management of the portfolio. In an attempt at diversifying the means of earning for investors, Midas offers a stable investment with DeFi technicalities and stablecoins, including BTC, With and the native token of Midas (MIDAS). Midas investment platform is still in the process of expansion as new members have been recruited to join the corporate team. These new additions are experienced Defi analysts and an experienced asset manager. Thanks to the newly assigned roles, further improvement of the CeDeFi platform will be achieved. The Entire CeDeFi programme will create a digital finance system where investors’ cryptocurrency assets are adequately managed and secure. Drawing The Curtains CeDeFi has transformed cryptocurrency operations by transacting as a Centralized platform while maintaining a decentralized framework. It is a system where Cryptocurrency transactions can be swiftly performed as if it were a traditional exchange, albeit more secure than Centralized finance platforms. Some authorities appear to be slowly adopting this digital system.    

Markus Thielen of Singapore asset manager IDEG believes ETH could be headed for a consolidation phase, turning “cautious” on the cryptocurrency.

Kyle Klemmer joins Mech.com as COO, bringing 15 years of growing and running startups to Fortune 500 companies. Kyle quickly made a name for himself in the crypto world by leading several projects to over a billion-dollar market cap. His experience in corporate operations combined with an unmatched marketing mind made him the perfect fit to join Mech as Trey’s second in command in December 2021. Mech.com is changing the conversation about play-to-earn games. After pioneering casual mobile gaming, Trey Smith is out to dominate the metaverse with Kyle bringing that vision to life. By launching Mech in phases they’re able to continually offer something new and fun to keep players engaged and coming back for more. This strategy has caught the attention of many big names who have already invested in Mech. Kyle lead the $6 million fundraising round that brought on the likes Yida Gao and Shima Capital, Jake Paul, and many other big names in the industry.  His ability to develop relationships and create win-win situations for people has brought on strategic partnerships that still have Trey scratching his head. One notable advisor is Justin Kan, the co-founder of the top video game streaming platform Twitch. Having Justin in their corner gives make an unfair advantage for developing the next revolutionary play-to-earn game. Kyle’s ability to find incredibly talented people and empower them to new reach for new levels makes him truly unique. He’s not so much a manager or boss but a leader you want to follow because you know wherever he goes, great things will happen. This has helped build a team of 27 incredible developers and marketers that work around the clock making Mech the best game in crypto and ensuring everyone knows about it. What’s really incredible is the trust and respect Trey and Kyle have for each other. Spend any time talking with them and you’ll see the seamless give and take that’s only possible when two high-caliber individuals come together for a vision far greater and more important than themselves. It’s obvious their focus and priority is always on moving Mech forward and making it the best play-to-earn game in crypto. Mech.com is shaping up to be the crypto game that we all desperately want. They’re gearing up for the first battle royale-style tournament and with thousands of Mech NFTs already sold, you can be sure it’s going to attract a lot of attention from gamers in and out of crypto. Each AI-generated Mech is completely unique with its own abilities so we’re sure to see some great battles. What really sets Mech.com apart though is their creator tools, a no-code gaming engine that will allow the average play to create their own mini-game inside of Mech and earn money as a creator instead of just a player. This also creates unlimited possibilities of expansion and gives every type of player a reason to join the Mech revolution. Be sure to check out their next drop and grab your Mech while you can.  

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Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases.

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Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan’s Instagram Account Hacked, Used to Promote Crypto Scam Imran Khan, a former Pakistani prime […]

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