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Wednesday

23 June 2021

Algorand could soon process upto $800 million in healthcare costs in Bermuda

Algorand could soon process upto $800 million in healthcare costs in Bermuda


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MAPay, a global healthcare technology firm with a focus on decentralized payment networks, will useAlgorandto issue a stablecoin for facilitating over $800 million worth of healthcare-related costs in Bermuda, as per a development this past week.

The collaboration will allow MAPay to provide Bermuda with a country-wide deployment plan to lower transaction costs of healthcare encounters through the MAPay network, which will run on Algorand.

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