HomeNewsMSP Recovery joins forces with Tokenology to release tokenized healthcare initiative

MSP Recovery joins forces with Tokenology to release tokenized healthcare initiative


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MSP Recovery joins forces with Tokenology to release tokenized healthcare initiative
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MSP Recovery LLC, a healthcare recovery company basically based in Miami, United States, and valued within the residence of $32.6 billion, has launched a collaborative partnership with Web3 resolution Tokenology to deliver a fraud-prevention blockchain platform, titled Lifechain.

Lifechain will peruse to get many of the verifiable and transparent nature of blockchain technology to improve the accessibility of healthcare prices, claims, and medical data for patients and exchange mavens.

MSP Recovery’s individual utility LifeWallet — which launched in January this year and has since registered over 1 million users, in step with the most up-to-date knowledge — will be dwelling the technology alongside a tokenized resolution LifeCoin.

The click release equipped elevated context into the scale of the activity inner the healthcare exchange; notably, working within the field of reimbursing secondary health insurance protection funds.

“The gigantic preference of every day medical claims being tokenized is expected to surpass 50 million/day by 2024, requiring the roughly scale, security and sustainability that handiest Polygon can elevate.”

— Polygon – MATIC (@0xPolygon) Could 20, 2022

MSP Recovery turned into a publicly tradable firm in mid-2021 following the acquisition of Lionheart Acquisition Corp II and operates on the Nasdaq beneath the ticker image MSPR.

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The co-founder of Polygon (MATIC), Sandeep Nailwa, shared his review of the partnership, stating that the venture is “in point of fact impactful” and “a testament to the evolution of enterprising new choices that builders delight in Tokenology are building the utilization of Polygon technology.”

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