- Universal Health Token bags funding from the Aptos Foundation to revolutionize healthcare.
- Blockchain and health sector connections have grown over the past year.
Aptos Foundation, a non-profit organization supporting the development of Aptos layer 1 blockchain, recently disclosed an investment in Universal Health Token (UHT). With this investment, Aptos aims to accelerate blockchain adoption and Artificial Intelligence (AI) in decentralized healthcare solutions.
Aptos Accelerates Real-World Applications with Blockchain
This investment aligns with Aptos’ ongoing effort to support real-world applications that showcase the potential of blockchain technology. UHT CEO Agastya Samat confirmed the investment without specifying the technical details of the integration.
Universal Health Token is a gamified healthcare firm based in Singapore, led by Founder and CEO Agastya Samat. The firm leverages AI, blockchain, and gamified engagement to make preventive healthcare more accessible, rewarding, and effective.
By introducing a gamified approach to healthcare through its primary partner, GOQii, UHT offers rewards to users for engaging in healthy behavior. Users can redeem their rewards for digital services and healthcare-related products. Notably, GOQii became the first full health and fitness app to add UHT rewards.
UHT hopes to empower people to take control of their health data while utilizing behavioral science, blockchain, and AI. As a result, the firm encourages them to adopt healthier lifestyles through incentives.
UHT plans to use the Aptos Foundation funds to scale its infrastructure, expand global access, and fast-track partnerships. Additionally, the investment will help UHT deepen integration with gamified engagement tools and AI features.
The gamified platform has received backing from industry giants, including Polygon Ventures, Animoca Brands, and other digital health-focused funds. In 2024, UHT launched a quiz-driven game ‘Health Adventure by UHT’ on Telegram in partnership with GOQi.
Meanwhile, Bitwise applied to the United States Securities and Exchange Commission (SEC) to launch a spot ETF based on Aptos. As summarized in our earlier news story, the application sparked a 9% surge in the price of Aptos’ native token, APT.
Currently, APT is trading at $5.27, with a market capitalization of $3.19 billion after dropping by 2.2%. The trading volume has surged by 20% to $144.7 million, suggesting investors’ increasing activity.
Crypto Advancements in Healthcare
Blockchain’s interaction in the healthcare sector presents a unique opportunity for individuals to reap rewards. Additionally, the global healthcare blockchain market is foreseen to expand based on the potential of blockchain technology. Blockchain can help resolve healthcare security, interoperability, and IT challenges.
The sector’s growth and potential have led to increased attention from Web3 platforms. As we covered in our latest report, XRP Healthcare (XRPH) has acquired Pharma Ville to transform healthcare in Uganda. This decision highlights XRPH’s relentless effort to expand into the fast-growing African healthcare sector.
In a related development, Vyvo Smart Chain announced integration with Vana. As highlighted in our previous article, Vyvo Smart Chain leverages the integration to allow users to earn rewards for sharing their health information.
