Topic: ~BTC in Medical Industry - page 24. (Read 3533 times)
I've read recently about the project, which tries to make cryptocurrency payment system for hospitals (especially private hospitals). It was in this forum, so you can find it!
it is possible, why not ?
if bitcoin has accepted by most country in the world, you can pay the medical fee in the hospital,
using bitcoin and other crypto.
if bitcoin has accepted by most country in the world, you can pay the medical fee in the hospital,
using bitcoin and other crypto.
I think it’s a good thinking for bitcoin...it may be possible along with the future and technology in the future . people take easily payment.. but I am a bit wondering what would happen if payments use bitcoin in an emergency... ..
Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
Accepting Bitcoin as payment have no limits, it can be any business or services as long as they are willing to accept it. The problem is why most companies don't want to adopt it, is because of its price being unstable and the amount of transaction fee can be extremely expensive and confirmation time will also affected if the network gets clogged by unconfirmed transactions. But we can't say that Bitcoin having this problems will make those business avoid adopting Bitcoin, I believe that if lightning network gets implemented, it can fix this and if one big player enters, others will surely follow and will start to accept Bitcoin as payment. 
BTC can be implemented in medical industry once lightening network for scalability and Rootstock for smart cantracts functionality within the blockchain and then any industry can commence their operations with Bitcoin Blockchain.
It is possible, every institution can accept payments in any cryptocurrency but there should be a good reason behind this decision right? in practice, I don't think bitcoin is good candidate for that.
It will be a tough decision for the Medical Industry in different countries in the world, but for me, it is possible. Many hospitals or anything in lined with medical industry will surely have benefits too when bitcoin will be used to pay such bills and transactions. Also, it is more convenient for people to pay bills using bitcoin, but the effect of this is that medical industry will have a great adjustment just to cope with the bitcoin system, all in all, for me it is a great idea.
why not , bitcoin can be used to pay and purchse anything
It isn't a long way from unthinkable, starting last year there are various organization from various businesses that acknowledge bitcoin and other crypto as payment. In this way hospital facilities and medicines isn't far could be buy in bitcoins. As I remember when some hospital was been hacked due to the ransom wares last year, the hackers have asked bitcoin as a payment in exchange to the hospitals records. But I hope that hospitals don't see bitcoins as form of currency for illegal activities but could also be used in good way.
Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
There is possible ways to do that because accepting payment is not a big deal. Because payments can be accepted as long as they contain some value and payment processors can be kept in place to make them accept bitcoin or any other crypto.
However this is same thing as other industries in the world where they want to accept the bitcoin as mode of payment but it's the government regulations that prohibits the whole thing from happening in the reality.
It's not about whether the hospital wants to accept the payment in bitocin mode or not, but it's about the legality issues and regulations.
If the regulations allows you to accept the payment in crypto form and you got sufficient customers then you can obviously go for it.
Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
This idea is theoretically possible. There are a lot of projects from other cryptos that focuses on how they can develop the medical industry. If bitcoin really wants to expand their potential and their power, I think that getting involve in the medical industry is one of the best move they can make. A lot of ICOs specializes in this one but I've never seen a successful one yet. I think that the success of this idea will depend on how the medical industry support these kind of projects.
Yea it's possible for bitcoin to use as payment. But, seeing that now bitcoin have big fees and slow speed transaction, I think this is not efficient.
But, an altcoin that have low fees and fast transaction speed will be more possible to use as payment
But, an altcoin that have low fees and fast transaction speed will be more possible to use as payment
Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
Hi there Nightmare0619! It is not far from impossible, as of today there are numerous company from different industries that accept bitcoin and other crypto as a payment. The latest news that I have heard is the Oakland home seller which offering house for cryptocurrency. The four-bedroom, two-bath, recently remodeled house not far from the Oakland Zoo is listed at $55 BTC. Thus hospitals and medical equipment and medicine is not far could be purchase in bitcoins.
It would be great if they do. Since with that, anyone with bitcoin will have access to medical services without restrictions as sometimes cashing in your BTC will have limits in exchanges. I hope there comes an ICO that specializes in health care packages using their token as payment.
Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
Is not possible because if the blockchain network is experiencing unexpected problems, the transaction will be stopped, this greatly affects the payment of hospital fees. And it's a lot of risk coming to Bitcoin's price, so this will not be a good choice. Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
Yes it is possible. Although i don't know if it will be implemented in many hospitals for slow transactions and big fees might be a problem and the volatility of bitcoin might be one of the issue.Also one of the issue or problem that i see in this is the government, for some hospitals are controlled by government so i think that if ever it is implemented, mostly would be in private hospitals.
it may be possible along with the future and technology in the future. but I am a bit wondering what would happen if payments use bitcoin in an emergency and we have to wait for slow bitcoin confirmation. is this efficient?
I think btc system will still improve in the coming years and it will be more efficient in many ways that will benefit us all.
Yes it is And really helps the patient and their relatives to pay for the hospital bill. Bitcoin is really helps the medical industry and also to other industry. Bitcoin is really improving and i hope someday it will evolve and be part of the world industry not only in marketing, also in many industry.
Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
Of course this can happen very soon and it takes a long time for this to happen because if the health sector accepts Bitcoin, many other industries will accept Bitcoin. I think the government should legalize Bitcoin so this will happen very soon and we can pay without using cash. Of course it's possible but the question is when. Since a lot of hospitals are run by the government it isn't likely that bitcoin will be accepted by hospitals anytime soon. So we just have to hope.
Im hoping too man, maybe not all in the government will oppose in the implementation of btc since it will help improve our industries and more importantly its for the benefit of all.
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