HTMLCOIN Creates Birth Certificates on Blockchain
October 10, 2018 12:41 pm
HTMLCOIN is a hybrid crypto token which has integrated smart contracts into Bitcoin Core’s protocols. They have recently signed a Memorandum of Understanding (MOU) with Kinasang’an Foundation Inc. (KSFI) for developing a platform that will store the data of newborn babies on its native blockchain. The native blockchain of HTMLCOIN is called ALTHASH.
On September 26th, 2018, the partnership was signed at the Philippine Consulate in Chicago. The memorandum assures that the KSFI will be empowered to upload and secure the outcomes of the research through its decentralized application (DApp). The DApp is named Myoffspring and is responsible for registering a newborn child’s place and date of birth. It also includes other important information such as the names of the parents.
Interestingly, the partnership is aimed at being non-profit to provide a contribution to social impact. The partnership through this memorandum has allowed HTMLCOIN to secure an ally in Southeast Asia’a healthcare sector.
Stephen Kaiser, Program Manager, HTMLCOIN recently posted a blog post saying that this technology will provide benefits to the non-profit sector pertaining to health care.
“As the overseer of the Wellness Family Midwife Clinics in Mindanao, Philippines, KSFI will select one clinic to serve as a model clinic whose newborns will have their birth data registered on the ALTHASH blockchain. The ALTHASH team will then upload/hash the research outcomes resulting from KSFI’s use of the blockchain.”
If this partnership succeeds, it will significantly reduce the number of deaths in newborns. Notably, 2.7 million newborns die each year. In fact, in 2014, the United Nations Children’s Fund (UNICEF) partnered with the World Health Organization (WHO) to start an initiative called Every Newborn Action Plan to decrease the number of newborn deaths and stillbirth incidents. However, the problem remains severe in the Philippines as the required information is often scattered across various healthcare facilities, making it difficult to access when needed.
The ALTHASH blockchain has another DApp called TokenFarm which is aimed towards providing assistance to entrepreneurs by rewarding loyal customers. The blockchain plans to release a total of 25 DApps in the next six to twelve months.