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Just Around The Healthcare Block: Feature Interview With Hermann Kamp, CEO of ClinicAll

Republished by Plato



Point-of-care digital solutions provide many advantages for today’s healthcare delivery model. This is a focal point of ClinicAll, a software solutions firm and digital platform that’s ushering in a new era of integration between patients and care providers.

In followup to a recent article here at Blockchain Healthcare Review on the inner workings of ClinicAll, we asked CEO Hermann Kamp to share a few of his views on the emerging healthcare landscape and what it will mean for the future of blockchain based healthcare solutions

Hermann Kamp

Briefly share with us a bit about the genesis, history, and evolution of ClinicAll. What is your current game plan for fueling worldwide access to your services?

ClinicAll has been active in the market since 2008 and develops software for patients directly at the bedside during inpatient stays. Since 2012 we have had a cooperative working relationship with Microsoft tied to Windows 10. Today we are able to integrate almost 99.5% of all applications on our platform, supporting patients, relatives, and their staff.

Specifically, what’s of applications are you referring to here?

These can be in-house applications such as digital meal ordering, room control, and bed control all the way up to the connection to the patient file. We also integrate healthcare related applications like hotels, newspapers, pharmacies from surrounding service providers.

Can you talk about the ClinicAll app that helps to facilitate this?

Yes. Since 2018 we’ve had a mobile app for our platform on IOS and Android.  Through this mobile version, which can be downloaded easily and free of charge, people all over the world can now communicate with each other and use all services offered by Clinicall and its partners on the platform. By creating the Clinicall Health Community and our token as a means of payment, national borders and currency risks become blurred for all parties involved.

Can you share more here?

Through the Clinicall App and the ability to pay with our token, we and our partners can offer all services globally. By way of example,  a user from India can contact a German doctor to get a second opinion about a health picture by contacting the CHC (Clinicall Health Community) via our app and transfering the requested amount in token as payment.

That seems pretty comprehensive.

Yes, the variety of possibilities are endless.  There are thousands and thousands of variations, to a country, from a country, during a trip and much more. Upon verification, Clinicall accepts any partner worldwide to offer its services. Of course, we will also work to acquire the entire network and motivate  community support. .

How many countries is ClinicAll in?

Clinicall already operates in 10 countries worldwide and has healthcare-related partners in more than 50 countries.

And can you tell us more about your global, blockchain driven platform and the value proposition it will bring to your efforts.

We will start on the blockchain with a payment system so that any member of the community can use any service offered worldwide and pay the service in tokens.  We have 100 million tokens that always remains in circulation and can be purchased by anyone.

Please tell us a bit about the ClinicAll ecosystem and your collection of partners in medical, hospitality, research, service, hospital, and entertainment.

Clinicall generally establishes long-term contracts with hospitals, which always last at least 5 years, but mostly more than 10 years. This allows us to achieve a very high degree of awareness in the hospital, among patients, employees, partners and the entire environment of the respective location. Word of mouth also has an enormous influence here.

How are the providers integrated into this ecosystem?

Surrounding providers of various services often request the placement of their services on our platform, sometimes even beyond borders. The connection of medical services in and around the location is also important. An example of this would be the networking between hospital, doctor, and pharmacies to compare the state of health and the resulting further treatments. Through the use of our mobile app worldwide, this radius is enormously increased in a very short time, as is the exchange of many people from different parts of the world.

Finally, what 2-3 emerging trends do you believe we’ll see in terms of the intersection between blockchain and healthcare over the next 12-18 months?

I believe that the blockchain can play a role in some areas of data transfer in the next 12-18 months. However, a high level of trust will be needed among healthcare decision makers in order to deploy and test blockchain based solutions.  Particularly, in Europe where skepticism is still high, especially due to the prevalence of data protection. Fortunately, Clinicall already enjoys a high degree of trust among its partners due to our long-term contracts. This we believe will significantly contribute to our work around the expanded integration of the blockchain.




Consob Blocks 6 New Illegal FX Websites

The Italian regulator has blocked a total of 360 unauthorized Forex domains since July 2019.

Republished by Plato



Consob, the government authority in Italy responsible for the regulation of the Italian securities market, announced today that it has shut down 6 new websites offering unauthorized financial services in the country.

According to the official announcement, the authority has ordered internet service providers to block the websites of Axedo, Fxfinancepro, Thinkmarket 247 Ltd, Donnybrook consulting, Globalinvestfx, and Universe citizens limited. The Italian regulator has the power to block illegal websites offering financial services under the Growth Decree (Law no. 58 of 28 June 2019).

Consob started blocking unauthorized websites in July 2019 and the recent initiative means that the total number of blocked websites has risen to 360. The authority mentioned that for technical reasons, the blockage may take several days to come into effect after the order.

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“The Authority availed itself of the powers deriving from the “Growth Decree” (Law no. 58 of 28 June 2019, Article no. 36), on the basis of which Consob can order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization,” the official announcement states.

Financial Protection

Consob requested Italian investors to adopt the greatest diligence before making an investment decision. The authority also asked citizens to report fraudulent and unauthorized companies. “Consob draws investors’ attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviors, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, for offers of financial products, that a prospectus has been published,” Consob mentioned.

Finance Magnates reported in December about the accelerated efforts of the Italian watchdog to block illegal domains operating in the country. The regulator has made it difficult for unauthorized operators to target Italian citizens. Before the recent block, Consob asked internet companies to block access to Investoomatic Limited, Kiqiwk Holdings Intl Limited, and ADV-Investment.

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Ripple partners Mobile Money for wallet-to-wallet payments between Malaysia and Bangladesh

TL;DR Breakdown Ripple has entered into a partnership with Malaysia’s Mobile Money. The UK and Japan financial authorities say XRP is not a security. San Francisco based crypto company, Ripple, has announced a new partnership with Mobile Money, a Malaysian based mobile financial services company. According to the announcement, the partnership is geared towards promoting […]

Republished by Plato



TL;DR Breakdown

  • Ripple has entered into a partnership with Malaysia’s Mobile Money.
  • The UK and Japan financial authorities say XRP is not a security.

San Francisco based crypto company, Ripple, has announced a new partnership with Mobile Money, a Malaysian based mobile financial services company. According to the announcement, the partnership is geared towards promoting payments between wallets in Malaysia and Bangladesh while also serving as a remittance intermediary between the two Asian countries.

The firms would be connected via RippleNet. bKash currently provides the largest mobile financial services in Bangladesh. The firm serves more than 40 million users in the country.

The local banking partner in Bangladesh would be Mutual Trust Bank (MTB), and Bangladesh Bank would supervise it. The firm would act as the link between the two firms, Mobile Money and bKash.

The CEO of bKash, Kamal Quadir, hailed the partnership between both firms. According to him, foreign remittance would be further encouraged as it would bring lots of convenience to parties involved in each transaction.

In Asia, Bangladesh holds one of the highest remittance inflows in South Asia; it is also ranked eleventh globally. Malaysia also ranks as one of its top sources of remittance. So, this partnership is most likely going to help bolster the remittance rate between both countries.

The partnership is expected to help increase the Mobile Money user base in Bangladesh. The firm also believes it would enable them to serve those users better.

Ripple is recognized as a crypto token outside the United States.

In Japan, financial authorities have released a statement in which they said they do not classify Ripple’s native token, XRP, as security. This was made known via a report by The Block.

This also mirrors the authorities’ view in the United Kingdom, who say XRP and other crypto assets are classified as unregulated tokens, so they are not recognized to be e-money or security.

The view of these authorities serves as a defense for Ripple. The firm has vehemently denied any wrongdoings and has also vowed to stand up against the US financial regulator.

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Tether (USDT) January 15th Deadline on iFinex Case: Everything You Need to Know

Republished by Plato



Many in the cryptocurrency field have recently discussed the upcoming January 15th date as an important consideration for the ongoing case between the office of the New York Attorney General (NYAG) and iFinex, the parent company of Bitfinex and Tether.

With this in mind, below is a comprehensive summary of what happened and what to expect on this date.

The NYAG v. iFinex Case: What Happened?

Back in April 2019, the office of the New York Attorney General alleged that the popular cryptocurrency exchange Bitfinex lost $850 million and then used funds from its affiliated stablecoin operator Tether (the company that issues USDT) to cover the shortfall.

As CryptoPotato reported, later on, Tether issued a statement through a blog post which said that the allegations were written in “bad faith” and were also “riddled with false assertions.”

In May 2019, Judge Joel Cohen granted a partial stay on the NYAG office’s request for documents from the two companies until their hearing takes place on July 29th. During that hearing, the judge on the case, Joel Cohen, decided to extend the preliminary injunction as he was not ready to make a final decision on whether the case should go forward or be dismissed. Hence, he extended that injunction by 90 days.

In August, however, the NYAG presented new evidence on the case, alleging that apart from covering up the $850 million, Bitfinex and Tether had served New York customers for longer than they claimed. In part, the document stated:

The OAG has uncovered substantial ties between Respondents and New York concerning Respondents’ corporate operations; trading on the Bitfinex platform; the issuance, redemption, and trading of tethers; use of financial institutions to move money and process customer deposits and withdrawals; and representations to the market that might have been misleading.

Essentially, the NYAG also attacked Bitfinex’s LEO initial exchange offering, claiming that it “has every indicia of a securities issuance subject to the Martin Act, and there is reason to believe that the issuance is related to the matters under investigation,” meaning the alleged cover-up.

Additionally, the NYAG called iFinex’s motion to dismiss “an improper attempt to impede a lawful investigation.”

The Order to Turn in Documents

In September 2020, Judge Cohen ruled that Bitfinex and Tether must turn over documents detailing their financial relationship and history to the NYAG’s office. In addition to that, he also extended an injunction that barred Tether from loaning funds to Bitfinex by 90 more days.

However, on December 9th, 2020, Letitia James, the Attorney General, filed a document, asking Justice Cohen to extend the deadline to January 15th, 2021. James said that “the parties continue to cooperate on the production of documents in response to the 354 Order, and anticipate that the production could be finalized in the coming weeks.”

Why the January 15th Deadline is Important?

With this, we arrive at the time of this writing and the importance of the January 15th deadline. There are a few reasons for which this is a critical point in this case. First, it requires that iFinex produces the necessary information for the NYAG to continue its investigation and to further substantiate the merits of its claims.

And perhaps what’s even more important, however, is the nature of the documentation. In essence, iFinex has to produce materials on the process by which they determine whether, when, and how to issue and redeem tethers, banks, documents, and communications regarding specific issuances and redemptions, as well as trading activity on the Bitfinex trading platform regarding tethers and bitcoin.

This is a landmark case for the entire cryptocurrency space as USDT is the most popular and biggest stablecoin on the market. The company issuing it has been involved in many scandals in the past, with many questioning the fact that it’s actually backed by USD.

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