Crypto card issuer BitcoinBlack announced a significant development by clinching a deal to acquire telemedicine provider Ask the Doctor. This groundbreaking BitcoinBlack deal will allow cardholders to pay for doctor visits and prescription drugs using cryptocurrency.
Integration of Telehealth Services in the BitcoinBlack Deal
Integrating Ask the Doctor into BitcoinBlack’s mobile app is a key feature of the deal. Cardholders will have exclusive access to “Ask the Doctor’s private telemedicine services […] all through the convenience of their mobile devices,” according to the announcement. This seamless integration aims to enhance the user experience by offering health services at their fingertips.
Cryptocurrency Payments for Healthcare
With this BitcoinBlack deal, members can “order and pay for prescriptions using cryptocurrency” while benefiting from Ask the Doctor’s extensive network of medical professionals. This move marks a significant step in the evolution of healthcare payments, providing more flexibility and privacy for users.
Expansion of BitcoinBlack’s Offerings
The BitcoinBlack deal adds to the company’s already impressive suite of offerings. Currently, BitcoinBlack provides private jet services, access to a luxury marketplace, a comprehensive rewards program, and invitations to exclusive events. The card issuer is owned by New York LTD, a holding company based in the Turks and Caicos Islands.
Rewards Program and Luxury Marketplace
According to BitcoinBlack’s website, cardholders can earn up to 10% cashback in the form of SPND rewards tokens. These tokens, functioning similarly to traditional cashback rewards, can be redeemed at BitcoinBlack’s Haute Living Luxury Marketplace for items such as watches, private jets, and more.
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Ask the Doctor has been a pioneer in embracing cryptocurrency, having started accepting Bitcoin (BTC) payments in 2016. Chief Medical Officer Dr. Michael Warner explained in a 2016 interview with The Huffington Post, “Until we added Bitcoin, our services had to be purchased using a Credit Card or PayPal. To some, having a banking paper trail documenting a transaction with Ask the Doctor did not provide them with a sufficient level of privacy.”
According to news sources, Ask the Doctor boasts a diverse group of backers, including Canadian Dragon’s Den star Michele Romanow, NBA player Dikembe Mutombo, celebrity dentist Dr. Amira Ogunleye, NFL veteran Israel Idonije, and Adam Cole Jacobs, former head of payments at the defunct crypto exchange FTX.
The global telehealth and telemedicine market is experiencing rapid growth, with expectations to surge to $342.43 billion by 2028, as reported by ResearchandMarkets.com. This expansion depicts the strategic importance of the BitcoinBlack deal in positioning the company at the forefront of this burgeoning industry.
The BitcoinBlack Deal enhances the services available to cardholders and reinforces the privacy and flexibility that cryptocurrency payments offer. The ability to manage healthcare needs discreetly and efficiently aligns with the growing demand for secure, private transactions in the medical field.
Conclusion
In summary, the BitcoinBlack deal with Ask the Doctor is a forward-thinking move combining both companies’ strengths to offer innovative healthcare payment solutions. By integrating telehealth services into its mobile app, BitcoinBlack provides its cardholders with unparalleled convenience and privacy. This collaboration is expected to expand BitcoinBlack’s offerings and set a new standard for cryptocurrency use in the healthcare industry.
Through this partnership, BitcoinBlack and Ask the Doctor are well-positioned to leverage the expanding telehealth market, delivering value to their users while staying ahead of industry trends. The BitcoinBlack deal signifies a milestone in the convergence of cryptocurrency and healthcare, promising a future where financial and medical services are more accessible and secure, resetting the use of Bitcoin (BTC) and Ethereum (ETH) in healthcare payments. The BIT Journal will continue to report on these developments, ensuring readers stay informed about the latest crypto updates and advancements in the crypto and telemedicine sectors.
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