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Writer's pictureMark S

16th Sept 2022 - Immunify.Life raises $2m for their healthcare blockchain

Immunify.Life transforms patient data gathering and provision by utilizing the quick, secure, and reasonably priced Cardano Blockchain. The money will be used to carry out in-country fieldwork to address issues including HIV treatment rates and immunization administration in Africa.


Immunify. Life, a blockchain-secured healthcare ecosystem that is both revolutionary and self-sustaining, announced the conclusion of its seed and private funding rounds. The platform raised almost $2 million from well-known and reputable investors in the blockchain and digital transformation sectors, including BluFolio, a blockchain venture capital firm based in Switzerland.


Every year, infections and diseases claim the lives of millions of people around the world, but inefficient healthcare procedures and regulations also significantly harm patient outcomes. The current system has to be completely redesigned because of issues like relapsed patients, delays in care, erroneous patient data, and misaligned incentives among various participants in the healthcare industry. Immunify.Life's app is taking on these problems head-on using the security, dependability, privacy, and cost-effectiveness of blockchain technology.


In Kenya, the beachhead HIV field project is now in progress. Every year, Kenya experiences 40,000 new HIV infections and 20,000 fatalities attributable to the disease. In the nation, there are more than 1.5 million HIV-positive individuals. Even while these medications (antiretroviral medicines, or ART) can significantly lower AIDS-related death rates, 30% of these people do not use the life-saving treatments that are readily available to them.


Immunify.Life aims to increase patient adherence rates to accessible therapies by utilizing a cryptocurrency-based rewards system. The research is being carried out in collaboration with the regional Kenyan government and local universities of science and technology.


With the most recent fundraising round, the study has started to enroll patients, bringing the effective use of bitcoin to lifesaving one step closer.

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