As coronavirus infections skyrocket, blockchain speeds up health care claims and maps out epidemic

As coronavirus death toll rises, an Alibaba-backed health plan provides disbursements on blockchain

After over 1,000 deaths in China to the coronavirus epidemic, could the use of blockchain to give faster payouts to those infected be a tipping point for the technology’s use in the health care industry? Xiang Hu Bao is not an insurance product, but an online mutual aid platform that uses blockchain technology to offer health plans to 104 million participants.