Cryptocurrency and blockchain technology hold the potential to change the healthcare system as we know it today. Centralized systems and regulated payment methods could soon co-exist with decentralized options. This development has already started to unfold in both New York and Israel. Todos Medical Ltd., a commercial in vitro diagnostics company, announced it was accepting cryptocurrency payments for two of its “wellness products.”
Alongside more traditional payment methods, Todos Medical confirmed it would accept Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH) and Litecoin (LTC) from customers buying its “dietary supplement products” authorized for sale in the USA. The company confirmed that customers could pay in the specified cryptocurrencies via Coinbase Commerce. Todos Medical is based in Israel, but has an office in the USA.