Our world is on the brink of a demographic milestone. Driven by remarkable increases in life expectancy, our population is ageing at a fast rate. The people in the age group of 65 or above are projected to reach 1.4 billion by 2030, and that number could reach as much as 3.1 billion by 2050. The traditional systems have failed to resolve the issues of the aged-care sector such as a missing support system, lack of senior homes, chaotic processes, and non-profiling of caretakers.
Scams, illicit pharmacies and counterfeits have plagued the industry, billions of dollars are lost in the process since there is no record or organised data keeping mechanism.
#Blockchain #Ethereum #SeniorCare #CareHomes
“The care system today is flawed. It is unorganised and not funded properly. Gladage identifies the shortcomings of the current system and creates a unified solution to implement with the help of blockchain
technology.” claims Sunny Kapoor, CEO, GladAge.
#Blockchain does not need an introduction any more. These days, we are talking about its impact on various industries. Here’s how and what it is doing for #healthcare and aged-care. Both are sectors of crucial importance and demand urgent attention.