Binance Launchpool will unveil an exciting project, BioProtocol ($BIO), that combines the DLT finance revolution with the healthcare sector. Here’s everything you need to know about this crazy launch:
1. What is BioProtocol ($BIO)?
BioProtocol is the world’s first blockchain-based project that promises to change the healthcare industry for the better. More specifically, the project addresses the following issues through the use of blockchain technology and PMICMs:
- Improve the way medical data is kept.
- Provide secure and distributed storage of health records.
- Allowing patients to (ethically) trade their health data.
- Enabling governance of medical research funding through DLT liquid markets.
2. Why Binance Launchpool?
To earn farm tokens in a new project, users can stake their tokens on the Binance Launchpool. For example, launch $BIO
On Binance Launchpool, BioProtocol would help in several ways. Here are some of the ways:
Awareness: BioProtocol will be made available to millions of people around the world thanks to Binance’s extensive infrastructure.
Convenience: People who stake Binance Coin (BNB), Tether (USDT), or other eligible cryptocurrencies can earn BIO tokens.
Safety: The risk of fraud in token distribution is limited as the process is handled by Binance.
3. Key Features of BioProtocol ($BIO) BioProtocol is unique because it allows you to:
Health tokenization: The ability of patients to tokenize their health records and provide them to researchers in exchange for financial reward in the form of vital information.
- Smart contracts: Instead of passive pools of money dedicated to research, they allow researchers to communicate with contributors from all over the world.
- AI-powered insights: BioProtocol uses AI to interpret medical records, which will help personalize patient care in the future.