Question 1

What is SOLVE?

Accepted Answer

SOLVE (SOLVE) is a cryptocurrency built on the Ethereum blockchain, designed to operate within the Solve.Care ecosystem—a global, blockchain-based healthcare platform. The SOLVE token aims to revolutionize the healthcare industry by offering a decentralized approach to managing and accessing healthcare services. It intends to redefine care coordination, improve access to healthcare, and reduce administrative costs, fraud, and waste.

Question 2

What Are Its Uses and How Does It Function?

Accepted Answer

The SOLVE token serves multiple purposes within the Solve.Care platform. It facilitates payments, appointment scheduling, and healthcare coordination, leveraging Ethereum's smart contracts to enable secure and automated transactions. The token is used for both inter and intra-network payments, as well as transaction fees.

In addition, SOLVE has more specialized applications such as developer rights, staking, marketplace payments, and platform access fees. The Solve.Care platform also enables the creation of digital health networks, referred to as "Care Networks," which can be tailored to specific patient-centric care needs, medical conditions, or socioeconomic factors.

Question 3

Why is SOLVE Important?

Accepted Answer

The SOLVE token adds value by incentivizing adherence to health goals and rewarding the provision of high-quality medical services. Through the power of blockchain and smart contracts, it aims to bring transparency and trust into healthcare transactions among patients, doctors, caregivers, and other participants in the network.

Question 4

Who Created SOLVE?

Accepted Answer

The SOLVE token and its corresponding platform were developed by the Solve.Care Foundation, a United States-based organization. The foundation was established by Pradeep Goel, an entrepreneur with a background spanning healthcare, finance, and technology. Prior to Solve.Care, Goel had held various executive positions, including CEO, COO, CIO, and CTO roles, in several innovative technology companies over a 25-year period. He has also been instrumental in designing and building solutions for public healthcare programs such as Medicare and Medicaid.