Fun

BitcoinBlack deal brings crypto payments to telehealth, prescription drugs

News Feed - 2024-07-12 03:07:00

Alex O’Donnell6 hours agoBitcoinBlack deal brings crypto payments to telehealth, prescription drugsCardholders will be able to order and pay for prescriptions using crypto, the company says.1484 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksCrypto card issuer BitcoinBlack announced that it had clinched a deal to buy telemedicine provider Ask the Doctor. The deal will enable cardholders to pay for doctor visits and prescription drugs with cryptocurrency. 


The deal will integrate the telehealth provider into BitcoinBlack’s mobile app, giving cardholders exclusive access to “Ask the Doctor’s private telemedicine services […] all through the convenience of their mobile devices,” the announcement said.


According to the statement, BitcoinBlack members will be able to “order and pay for prescriptions using cryptocurrency” while tapping into Ask the Doctor’s network of medical professionals.


Related:Tangem introduces Visa-integrated crypto wallet for secure payments


The deal builds on BitcoinBlack’s existing suite of offerings, which include private jet services, a luxury marketplace, a rewards program and invitations to exclusive events. BitcoinBlack is owned by New York LTD, a holding company based in the Turks and Caicos Islands.


According to the company’s website, cardholders earn up to 10% cashback in the form of SPND rewards tokens. The tokens, which function similarly to a traditional cashback rewards program, may be redeemed at BitcoinBlack’s Haute Living Luxury Marketplace for watches, private jets and more.


Ask the Doctor became one of the first healthcare providers to embrace cryptocurrency when it began accepting payments in Bitcoin (BTC) in 2016.


“Until we added Bitcoin, our services had to be purchased using a Credit Card or PayPal,” chief medical officer Dr. Michael Warner said in a 2016 interview with The Huffington Post. “To some, having a banking paper trail documenting a transaction with Ask the Doctor did not provide them with a sufficient level of privacy,” Warner explained.


Ask the Doctor’s backers include Canadian Dragon’s Den star Michele Romanow, NBA player Dikembe Mutombo, celebrity dentist Dr. Amira Ogunleye, NFL veteran Israel Idonije and Adam Cole Jacobs, former head of payments at defunct crypto exchange FTX.


The global telehealth and telemedicine market is expanding rapidly and is expected to surge in size to $342.43 billion by 2028, according to ResearchandMarkets.com.


Magazine:Big Questions: How can Bitcoin payments stage a comeback?# Business# Adoption# HealthAdd reaction

News Feed

Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector Dubai has adopted its first law to regulate the crypto sector. It has also estab
Konami to Keep Selling NFTs to ‘Preserve Content’
Konami to Keep Selling NFTs to "Preserve Content" Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial re
Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts
Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency t
Biggest Movers: XMR Moves to 5-Week High, Despite Crypto Selloff
Biggest Movers: XMR Moves to 5-Week High, Despite Crypto Selloff Monero moved to its highest level in five weeks on Thursday, despite crypto markets mainly trading in red. The toke
Bitcoin.com Exchange Lists Bitcoin Vault (BTCV) – a Next-Gen Security Focused Cryptocurrency
Bitcoin.com Exchange Lists Bitcoin Vault (BTCV) - a Next-Gen Security Focused Cryptocurrency PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the list
Spot Ethereum ETFs post $107M net inflows on first day
Tom Mitchelhill4 hours agoSpot Ethereum ETFs post $107M net inflows on first dayThe newly launched spot Ether ETFs posted positive net inflows despite being weighed down by $485 million bleeding from Grayscale’s Ethere
UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Value to Collapse
UBS: Crypto Has Fundamental Flaw, Bitcoin"s Fixed Supply Could Cause Its Value to Collapse A chief economist at UBS, the largest bank in Switzerland, says crypto
PEPE Price Hits $0.000027 ATH, On-Chain Data Says These Are The People Driving It
Este artículo también está disponible en español. The PEPE price recently reached a new all-time high(ATH) of $0.00002716, becoming the first major meme cryptocurrency to
Savannah Fortis9 hours agoAI identity platform combats ownership and deep fakesThe new AI identity platform Hollo.AI takes on the key topics of transparency, ethical use and content sovereignty in the age of rampant AI-g
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
Following BTC"s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 28
Fed’s Powell allays digital dollar anxiety as nations ramp up CBDC efforts
Jesse Coghlan7 hours agoFed’s Powell allays digital dollar anxiety as nations ramp up CBDC effortsFederal Reserve chair Jerome Powell says the U.S. is a “long way” from launching one, and even if it did, it wouldn
Nigerian fintechs crack down on crypto, users face account blocks
Amaka Nwaokocha16 minutes agoNigerian fintechs crack down on crypto, users face account blocksThe CBN"s attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to f