In the U.S., more than 120,000 people are on the waiting list for a life-saving organ transplant.
Sadly, 22 of those people, on average, die every day.
Organ transplants are a complicated matter. For one, donated organs must be from someone with a compatible blood type.
Another issue is that organs deteriorate quickly. A liver is usually transplanted in less than 10 hours. A heart or lung typically takes less than five hours.
(Source: University of Michigan Transplant Center)
As you can see in the chart above, every minute counts. And without an efficient process, potentially life-saving organs are going to waste.
Kidneys are the most-needed transplants by far. Nearly 50,000 Americans die from kidney disease each year. Yet 1 in 5 kidney donations end up being discarded because the process is too slow and disorganized.
Some Americans have been desperate enough to pay $120,000 or more for a kidney on the black market.
But now a nonprofit health organization is using a new technology called blockchain to revolutionize organ transplants.
After all, blockchain’s possibilities are nearly limitless. That’s why the biggest companies in the world are all scrambling to become early adopters of this new technology.
Read on to see how blockchain can save your life — and make you rich.
A Global Online Platform for Health Care
Organtree is the world’s first decentralized organ donation database.
It runs on blockchain — the same technology used for bitcoin and other cryptocurrencies.
The global online platform aims to connect donors, patients, life insurance companies, hospitals and health care facilities.
Organtree “enables medical professionals to search globally for available organs that match their patients’ requirements.” By using blockchain to match donors and recipients from all over the world, Organtree greatly increases the number of matches.
And with hospitals everywhere using the same decentralized system, transplants will be much faster and simpler than before.
In addition, Organtree arranges for the recipient to reimburse the donor’s family for funeral costs.
Some organizations have expressed ethical and legal concerns over financial compensation for organ donations. But others believe that it’s fair and helps encourage people to register as donors.
If you’d like to register with Organtree as a recipient, donor or medical practitioner, you can do so by clicking here. It currently has over 20,000 active members and is adding more every day.
You can also sign up to be a registered organ donor at OrganDonor.gov.
Take Advantage of the Blockchain Revolution — Now!
This is just one example of how blockchain is transforming the health care industry.
In the future, everything you do … every bank transaction you make, every shipment you track and every record you keep … will be recorded on a blockchain network.
Companies such as Google, Intel and Microsoft have already put a combined $4.5 billion toward blockchain adoption. And JPMorgan Chase, the largest bank in the U.S., just announced that it will begin using blockchain for customers’ transactions.
Right now, the blockchain industry only has a net worth of $1.2 billion. But it’s expected to ramp up to a $3.1 trillion industry as the technology develops in the years ahead.
That’s 77,400% growth!
This is the kind of opportunity investors absolutely must take advantage of now.
One way to do that is with the VanEck Vectors Semiconductor ETF (NYSE: SMH).
The companies in this exchange-traded fund (ETF) make the cutting-edge computer components that blockchain networks run on.
Assistant Managing Editor, Banyan Hill Publishing