Artjoms Maksimovs

What Is Solve.Care (SOLVE)?

Solve.Care is a healthcare platform company that uses blockchain to redefine care coordination, improves access to care, reduces benefit administration costs, and helps reduce fraud and waste in healthcare around the world.

The Solve.Care platform allows for digital health networks, called Care Networks, to be built and run for patient-centric care based on medical conditions, economic and social needs, and other tailored eligibility criteria, creating an entire healthcare ecosystem. Using the Solve.Care platform, businesses are able to launch networked, interoperable healthcare dApps, within only weeks or even days.

Care Networks on the Solve.Care platform use the SOLVE token, a utility token that is used for inter/intra network payments and transaction fees. It also has additional uses including developer rights, staking, marketplace payments, and platform access fees.

Who is the Founder of Solve.Care?

Pradeep Goel, the Founder and CEO of Solve.Care, has extensive expertise in healthcare, finance and technology. Prior to Solve.Care, he had been in the CEO, COO, CIO and CTO roles at various innovative technology companies over 25 years.

Pradeep was deeply involved in designing and building solutions for public programs such as Medicare/Medicaid, children health insurance and welfare programs, SNAP/TANF, health insurance exchanges and health information exchanges. He has worked for and with commercial insurance companies as the top technology executive, and implemented benefits administration, consumer engagement, claimed medication and payment systems.

Pradeep has built 4 healthcare IT companies and has been at the top of Deloitte’s Technology Fast 500, INC500/5000 fastest growing companies lists multiple times. Pradeep was included in the 100 most promising entrepreneurs globally, complied by Goldman Sachs.

What Makes Solve.Care Unique?

The Solve.Care platform leverages blockchain and full stack capabilities to deliver significant business value to individuals and enterprises. These business values include ease of usage, privacy, security, control and ownership of data, interoperability, auditability, and enhanced trust between parties.

Solve.Care gives healthcare stakeholders a unique opportunity to build their own dApps to form Care Networks, connecting and synchronizing their participants, making instant payments inside their network, and sharing information immediately to reduce opportunities for fraud.

Solve.Care is unique because it not only allows networks to run independently, but to also have a fabric underneath that allows them to all communicate.

All Care Networks are fully and intrinsically tokenized to manage events, identities, transactions, payments and data sharing using the SOLVE token, which is a combination of transaction fee payment token (like Ethereum as gas), as well as a normal payment currency. The SOLVE token also has a unique property of being able to function inside the Network, either as a variable value token or as a fixed value token (as a stable coin). This property makes it uniquely powerful and appropriate for healthcare usage.

Solve.Care has built blockchain healthcare networks for the real-world clients such as Boehringer Ingelheim, Uber Health, Lyft, Aon, Arizona Care Network and others. Solve.Care is the first company in the world to successfully deploy digital currency and blockchain technology for value-based payments in US healthcare.

What is Elitium?

The Elitium platform lets you invest in digital assets and generate yields in a simple, compliant, and secure way.

The platform offers a basket of products, including decentralized finance (DeFi) savings plans, cryptocurrency staking, Bitcoin and Ethereum cloud mining services, and a dedicated NFT marketplace.

In short – you can use Elitium to earn yields on:

Paxos Gold (PAXG)

DUS Dollar, British Pound, or Euro (stablecoin) savings plan

Stake Elitium's native cryptocurrency (EUM) and earn rewards

Elitium also co-hosts NFT BAZL, an NFT art exhibition in Miami and Dubai, with further events planned every quarter. Ultimately, Elitium wants to unite investors from across the world to have a positive global impact as one.

For more information – visit: www.elitium.io

To preview the platform – click here: preview.elitium.io/dashboard

To create your account – visit www.elitium.io/apply/

Who are the founders of Elitium?

Elitium was founded by Raoul Milhado, Jean-Pierre Morand, and Collin Gelevert.

Raoul met Jean-Pierre in his hometown Amsterdam in 2016, initially exploring how to bring crypto-payments into the world of luxury.

As their ambitions grew, Raoul and 'JP' recognized the need for additional legal and financial expertise, onboarding Collin as the third co-founder.

Prior to Elitium, Raoul founded and exited a venture in digital marketing. He's remained a driven entrepreneur since his early professional years, ultimately spearheading Boatsters' move into crypto before becoming Elitium CEO.

Jean-Pierre Morand is a developer who's spent a lifetime involved in frontier tech, having helped bring the internet to France in 1998. He has extensive expertise in cyber security and, in 2013, applied his knowledge to blockchain before co-founding Elitium as CTO.

Collin Gelevert has worked in global businesses since the 80s, leveraging his financial expertise to set the legal and compliance strategy of Elitium in his role as Chairman and CFO.

What makes Elitium unique?

Elitium brings together a variety of blockchain investments in one simple-to-use platform, eliminating the complexity and security concerns of building and managing a diversified digital asset portfolio.

Elitium makes it easy for investors to access digital assets and grow their wealth in a simple, compliant, and secure way. Thanks to the efficiency of its technology, investors can save time managing their wealth while generating higher returns on a more sustainable basis than via traditional means.

Thanks to its robust network of private investors (including crypto trading expert 'The Wolf of All Streets' Scott Melker and merchant bank GDA Capital), Elitium has never held an ICO.

Instead, the team has used private funding to develop the platform's product portfolio in a sustainable way.

Read more about the private investments here: https://finance.yahoo.com/news/gda-capital-wolf-streets-invest-162300045.html

What is Elitium's mission?

Elitium is building a world in which value investors can grow wealth and have a global impact as one.

The platform aims to bridge traditional finance and the blockchain, enabling clients to invest in digital assets and manage their portfolios in a trusted, compliant, and secure way.

Ultimately, the team aims to harness affluence and technology to transform economies worldwide.

How does Elitium ensure client security?

EUM is an ERC-20 token on the Ethereum blockchain. This means the platform benefits from the inherent security of Ethereum itself. And Elitium uses three further strategies to keep client funds secure.

In-house technology: Elitium developed its technology from scratch, ensuring the platform only uses trustworthy smart contracts when locking assets into DeFi pools. The setup reduces reliance on third-party protocols, which mitigates the risk of hacks, unexpected failures, and price manipulation.

Extensive due diligence: Where Elitium uses third-party services, the platform only does so after extensive research. The process includes strict quality controls, meaning the platform only interacts with established models that have a proven track record.

Comprehensive insurance: Elitium also offers full insurance coverage with policies from Nexus Mutual, Union, and inSure insulating client funds spectrum of potential threats.

The above is on top of an industry-leading custody solution managed by AMDAX, the Netherlands' first crypto asset manager registered with the Dutch Central Bank and Elitium's official custody partner.

The setup ensures clients benefit from a state-of-the-art cold wallet infrastructure that means all deposited funds sit in a vault-like storage solution. Clients can also add other security layers (including 2FA, anti-phishing codes, and address whitelists), further enhancing the protection.

What is the EUM token's utility?

Elitium's native cryptocurrency EUM acts as the platform's fuel.

Elitium uses it to settle fees – while the token powers several products (including the staking and DeFi plans).

If clients hold EUM, you receive exclusive perks and, if you spend EUM on the Elitium card, you can get up to 1% cashback on everything you buy.

Here are the five core token utilities:

1. Boosted APY

If you opt in to receive EUM as part of your DeFi payouts, Elitium boosts the APY on your USD, EUR, GBP, CHF, and PAXG savings plan.

2. Staking Rewards

You can stake EUM with Elitium and earn up to 14% APY if locked for 36 months (or you can operate a masternode for up to 28% APY).

3. Send Money For Free

You can send any available currency to other Elitium accounts for free, and the money will arrive instantly.

4. Cloud Mining

You can pay for a share of Elitium's mining rig space and earn a percentage of the platform's Bitcoin and Ethereum mining rewards.

5. Early-Bird Investments

The Elitium platform includes tokenized offerings, NFTs, and airdrops --- and EUM holders get early access (with discounted fees when you pay in EUM).

Beyond these five core utilities, EUM offers several further benefits.

Token holders get priority access to quarterly events such as NFT BAZL, where the team curates both physical and digital artworks in a one-of-a-kind exhibition.

Elitium clients can spend EUM worldwide on the Elitium Card and earn up to 1% cashback (paid in your local currency, EUM, even gold).

And as part of the company's IVI investing model, Elitium promises to match your charitable contributions, meaning if you top up your DeFi yields with EUM and opt into the IVI program:

1% of the program's yield goes to charity

You contribute 0.5%, and Elitium matches your donation

That way, Elitium can work with its clients to generate a co-managed charitable pool – with all contributors getting to vote on how Elitium distributes the funds.

Where can you buy EUM?

If you want to trade EUM, you can buy and sell the token on Bitmart (the exchange will also auto-stake your balance, paying up to 7.5% annual EUM rewards).

Elitium is also available to buy in the Elitium app and on several other exchanges (including STEX and FatBTC). And Elitium plans to list EUM on a new exchange every month.

Here are some other articles that you may be interested in:

What Is a Crypto Faucet?

What Are Crypto Debit Cards?

What Is Web 3.0?

What Is Yield Farming?

What Is Crypto Lending?

What Is the Metaverse?

What Are Fan Tokens?

Newbie Catchup: The A-Z of NFTs

What Are Automated Market Makers?

What Is a Crypto ETF?

What is Elitium?

The Elitium platform lets you invest in digital assets and generate yields in a simple, compliant, and secure way.

The platform offers a basket of products, including decentralized finance (DeFi) savings plans, cryptocurrency staking, Bitcoin and Ethereum cloud mining services, and a dedicated NFT marketplace.

In short – you can use Elitium to earn yields on:

Paxos Gold (PAXG)

DUS Dollar, British Pound, or Euro (stablecoin) savings plan

Stake Elitium's native cryptocurrency (EUM) and earn rewards

Elitium also co-hosts NFT BAZL, an NFT art exhibition in Miami and Dubai, with further events planned every quarter. Ultimately, Elitium wants to unite investors from across the world to have a positive global impact as one.

For more information – visit: www.elitium.io

To preview the platform – click here: preview.elitium.io/dashboard

To create your account – visit www.elitium.io/apply/

Who are the founders of Elitium?

Elitium was founded by Raoul Milhado, Jean-Pierre Morand, and Collin Gelevert.

Raoul met Jean-Pierre in his hometown Amsterdam in 2016, initially exploring how to bring crypto-payments into the world of luxury.

As their ambitions grew, Raoul and 'JP' recognized the need for additional legal and financial expertise, onboarding Collin as the third co-founder.

Prior to Elitium, Raoul founded and exited a venture in digital marketing. He's remained a driven entrepreneur since his early professional years, ultimately spearheading Boatsters' move into crypto before becoming Elitium CEO.

Jean-Pierre Morand is a developer who's spent a lifetime involved in frontier tech, having helped bring the internet to France in 1998. He has extensive expertise in cyber security and, in 2013, applied his knowledge to blockchain before co-founding Elitium as CTO.

Collin Gelevert has worked in global businesses since the 80s, leveraging his financial expertise to set the legal and compliance strategy of Elitium in his role as Chairman and CFO.

What makes Elitium unique?

Elitium brings together a variety of blockchain investments in one simple-to-use platform, eliminating the complexity and security concerns of building and managing a diversified digital asset portfolio.

Elitium makes it easy for investors to access digital assets and grow their wealth in a simple, compliant, and secure way. Thanks to the efficiency of its technology, investors can save time managing their wealth while generating higher returns on a more sustainable basis than via traditional means.

Thanks to its robust network of private investors (including crypto trading expert 'The Wolf of All Streets' Scott Melker and merchant bank GDA Capital), Elitium has never held an ICO.

Instead, the team has used private funding to develop the platform's product portfolio in a sustainable way.

Read more about the private investments here: https://finance.yahoo.com/news/gda-capital-wolf-streets-invest-162300045.html

What is Elitium's mission?

Elitium is building a world in which value investors can grow wealth and have a global impact as one.

The platform aims to bridge traditional finance and the blockchain, enabling clients to invest in digital assets and manage their portfolios in a trusted, compliant, and secure way.

Ultimately, the team aims to harness affluence and technology to transform economies worldwide.

How does Elitium ensure client security?

EUM is an ERC-20 token on the Ethereum blockchain. This means the platform benefits from the inherent security of Ethereum itself. And Elitium uses three further strategies to keep client funds secure.

In-house technology: Elitium developed its technology from scratch, ensuring the platform only uses trustworthy smart contracts when locking assets into DeFi pools. The setup reduces reliance on third-party protocols, which mitigates the risk of hacks, unexpected failures, and price manipulation.

Extensive due diligence: Where Elitium uses third-party services, the platform only does so after extensive research. The process includes strict quality controls, meaning the platform only interacts with established models that have a proven track record.

Comprehensive insurance: Elitium also offers full insurance coverage with policies from Nexus Mutual, Union, and inSure insulating client funds spectrum of potential threats.

The above is on top of an industry-leading custody solution managed by AMDAX, the Netherlands' first crypto asset manager registered with the Dutch Central Bank and Elitium's official custody partner.

The setup ensures clients benefit from a state-of-the-art cold wallet infrastructure that means all deposited funds sit in a vault-like storage solution. Clients can also add other security layers (including 2FA, anti-phishing codes, and address whitelists), further enhancing the protection.

What is the EUM token's utility?

Elitium's native cryptocurrency EUM acts as the platform's fuel.

Elitium uses it to settle fees – while the token powers several products (including the staking and DeFi plans).

If clients hold EUM, you receive exclusive perks and, if you spend EUM on the Elitium card, you can get up to 1% cashback on everything you buy.

Here are the five core token utilities:

1. Boosted APY

If you opt in to receive EUM as part of your DeFi payouts, Elitium boosts the APY on your USD, EUR, GBP, CHF, and PAXG savings plan.

2. Staking Rewards

You can stake EUM with Elitium and earn up to 14% APY if locked for 36 months (or you can operate a masternode for up to 28% APY).

3. Send Money For Free

You can send any available currency to other Elitium accounts for free, and the money will arrive instantly.

4. Cloud Mining

You can pay for a share of Elitium's mining rig space and earn a percentage of the platform's Bitcoin and Ethereum mining rewards.

5. Early-Bird Investments

The Elitium platform includes tokenized offerings, NFTs, and airdrops --- and EUM holders get early access (with discounted fees when you pay in EUM).

Beyond these five core utilities, EUM offers several further benefits.

Token holders get priority access to quarterly events such as NFT BAZL, where the team curates both physical and digital artworks in a one-of-a-kind exhibition.

Elitium clients can spend EUM worldwide on the Elitium Card and earn up to 1% cashback (paid in your local currency, EUM, even gold).

And as part of the company's IVI investing model, Elitium promises to match your charitable contributions, meaning if you top up your DeFi yields with EUM and opt into the IVI program:

1% of the program's yield goes to charity

You contribute 0.5%, and Elitium matches your donation

That way, Elitium can work with its clients to generate a co-managed charitable pool – with all contributors getting to vote on how Elitium distributes the funds.

Where can you buy EUM?

If you want to trade EUM, you can buy and sell the token on Bitmart (the exchange will also auto-stake your balance, paying up to 7.5% annual EUM rewards).

Elitium is also available to buy in the Elitium app and on several other exchanges (including STEX and FatBTC). And Elitium plans to list EUM on a new exchange every month.

What Is Mina Protocol?

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.

To learn more about this project, check out our deep dive of Mina Protocol.

The Mina network has a size of only 22 KB, which is miniscule when compared to Bitcoin’s 300 GB blockchain.

What Is Mina Protocol’s Main Objective?

Mina is working on achieving an efficient distributed payment system that enables users to natively verify the platform right from the genesis block. Its technical whitepaper calls this a “succinct blockchain.”

The protocol uses Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs), a cryptographic proof that enables someone to authenticate information without revealing said information. However, enabling a user to trace the platform back to its genesis block can be impractical in a large network. As such, Mina incrementally computes SNARKS that concentrate only on the last few blocks — meaning that end-users check that zk-SNARK-compressed proof, instead of a block’s entire transaction history.

At the heart of Mina protocol is MINA, its native currency, which functions as a utility coin and medium of exchange.

How Does Mina Protocol Function?

Mina is similar to Bitcoin, apart from how it handles transactions, but also employs the account model used in Ethereum.

In this respect, the difference between Bitcoin and Ethereum is that the state of the Bitcoin blockchain contains a list of unspent coins, while Ethereum’s state is made up of account balances.

Mina, on the other hand, uses a prover (or snarker, if you will), an equivalent of a miner, to ensure each block commits to the state.

Mina employs the Ouroboros Samasika, a type of PoS mechanism specially designed for succinct decentralized networks since it provides bootstrapping from a genesis block.

Succinct blockchains contain two major functions: verify and update. Verification touches on consensus, blockchain summary and blocks, while the update function interacts with consensus and chain summary.

Apart from the above implementations, the project uses a parallel scan state to optimize transaction processing speed, which works by grouping unproven blocks and assigning the process to parallel provers.

Major Mina Protocol Participants

Mina is all about revolutionizing the current blockchain landscape where most platforms have verifiers such as miners/stakers and light clients who act as third parties when verifying transactions.

Mina takes a different approach by having multiple participants, each handling a specific function on the decentralized network.

The three major roles include verifiers, block producers and snarkers.

Verifiers

Verifiers interact with zk-SNARKS that deal with certifying the consensus information. Each Mina protocol user is considered a verifier, provided that their devices can handle a 22 KB chain and withstand a few milliseconds of processing time.

Block Producers

Block producers take the form of stakers or miners and earn block rewards and transaction fee payments. Interestingly, the protocol doesn’t slash incentives that go to block producers. This category of participants allows Mina users to delegate their coins to them.

Apart from bundling transactions into blocks, block producers also have to SNARK an equivalent number of previously committed trades as failure to do so during block production would lead to incomplete blocks and other nodes rejecting their validity.

If a block producer wants to incorporate 10 transactions on the chain, they must also SNARK trades from the front of the queue. However, they have the option to produce the SNARK or use those generated by a special group of participants called snarkers.

‍## Snarkers

Snarkers, also known as provers, produce zk-SNARKs used in verifying transactions.

Block producers pay snarkers from the overall transaction fees they receive for adding new blocks. However, to qualify for the fees, they have to post bids. Note that a snarker’s zk-SNARK needs to be used in a block while the block producer who uses it is responsible for incentivizing the snarker.

This creates a business economy where multiple snarkers can post bids tied to the same transaction. Block producers, on the other hand, are in for the profits and will choose the bid with the lowest fees. Consequently, snarkers are challenged to produce low-cost SNARKS.

How Transactions Happen On Mina

The process starts with a user initiating a transaction, after which the trade goes to the mempool, a pool of valid but unconfirmed transactions.

Next, snarkers take over by making proofs or SNARKS. The process follows with the selection of a block producer (BP) to bundle transactions into a block. Note that a BP sifts through the mempool for profitable transactions.

Then, the BP chooses a SNARK according to the rules in the consensus mechanism.

Note that a block producer scans through the bids for the lowest-priced SNARK. In addition, recently added transactions have an updated SNARKS order book.

Next, it’s time to incorporate the SNARKS in a block, then add the block to the chain and update the network. Snarked transactions are removed from the chain to help keep the size of the protocol constant.

Then, the block producer upgrades the protocol’s zk-SNARKS.

Finally, the new block becomes immutably part of the chain.