7PLUS COIN- BOOSTING THE HEALTHCARE SYSTEM IN THEIR FIGHT AGAINST THE COVID-19 PANDEMIC THROUGH BLOCKCHAIN
2020 cannot be forgotten in a hurry- a year that had the world stand still with one of the most deadly pandemics the world has ever witnessed. Sadly, the COVID-19 pandemic has taken so many lives around the world, disrupted works, and made people live in fear of getting contaminated. The Healthcare systems have been the most hit, and the supply chain process of the Covid-19 medical textile has been far from seamless as the COVID-19 pandemic exposes the weaknesses in the healthcare system’s supply chain processes.
To resolve this issue, Yeh Group of companies, has integrated blockchain into the supply chain process of its COVID-19 medical textile materials including facemasks, gloves, and so on. By employing the use of 7PLUS COIN, a crypto asset and a utility token, Yeh Group intends to ease transactions and track COVID- 19 medical textile products.
7PLUS COIN- UTILIZING THE BLOCKCHAIN TECHNOLOGY TO DELIVER SOLUTIONS TO THE PROBLEMS CONTRIBUTING TO THE SPREAD OF COVID-19 PANDEMIC
During the peak of the coronavirus pandemic, several countries around the world felt the full effects, the fight to curtail the spread of the outbreak was not helped either by the inefficient supply chain processes. The importance of the efficient supply of these medical supplies can not be ignored; hence blockchain technology was introduced to address these shortcomings.
7PLUS COIN is a blockchain-based utility coin that is designed to ease the healthcare supply chain management and for the smooth tracking process of distributing the COVID-19 medical textile materials including face masks, hand gloves, and so on, to enhance the efficient supplies to high-risk locations. With the introduction of 7PLUS COIN, Yeh Group of companies can easily transact with several medical establishments around the globe.
INTRODUCING YEH GROUP
Yeh Group is Penn Asia’s parent company that manufactures functional fabrics such as intimate apparel and sportswear for the global market especially nylon and spandex yarns. Founded in 1988 by Mr. Yeh Ming Tong, Yeh Group has partnered with notable regional underwear and sports brands for over 25 years and have had their fabrics featured in many huge sports events including Beijing 2008 and London 2012 Olympics; South Africa 2010, Brasil 2014 and Russia 2018 World Cups.
With the COVID-19 pandemic, Yeh Group focused on the production of protective textile materials for medical and daily use including face masks and hand gloves. This will be enhanced through the use of 7PLUS COIN, a utility token that will be used to transact and track COVID- 19 medical textile products.
How do YEH Group and 7Plus Coin intend to use blockchain to resolve Covid-19 problems?
Below are some of the Covid-19 problems and solutions that 7Plus will offer through blockchain.
Inefficient medical supply chain management and tracking
This problem disrupts the fight against the spread of coronavirus pandemics. Government agencies have a hassle tracking the volumes and locations of medical supplies, medical supplies are poorly supplied, and high-risk locations are denied the much needed medical supplies.
Solution: With blockchain technology, the supply chain will be made more transparent, and tracking of medical supplies will be made easier, ensuring smooth distribution from production point to the reach of the consumer.
Lack of confidence and Public panic
With the pandemic spreading at a fast pace and claiming lots of lives around the globe, nerves are always going to unsettle, myths spread and public panic became a problem. What is the best approach towards calming nerves and reassuring the masses that the fight against the pandemic is being won?
Solution: Blockchain will be highly effective in raising public confidence, this is because it securely tracks and improves the production, quality, and availability of essential supplies. With blockchain, information will be shared based on fact.
Payment hassles
With the imposed physical distancing rules, cross-border payments became more difficult to complete. This hassle delays the transportation of essential medical materials to highly needed locations, tracking of business deals also became difficult for companies.
Solution: The blockchain system and cryptocurrency like 7PLUS COIN eases the payment of the supply chain of COVID-19 medical supplies for both manufacturers and buyers.
Counterfeit products
Counterfeiting has infiltrated the drug market and medical textile supplies, amounting to a whopping $75 billion annually. The importance of eliminating counterfeits supplies cannot be overemphasized as this will help the fight against the pandemic.
Solution: Blockchain offers decentralized and unalterable records, thus it’s easier to track every medical supply and verify its authenticity.
TOKENOMICS
The essence of 7PLUS COIN is to smoothen transactions between the Yeh Group of companies and several medical organizations around the world. It is an ERC-20 utility token and deployed on the Ethereum blockchain with a total supply of 200 million tokens.
Token Sale
Pre-sale: Scheduled from 12 February to 28 February 2021 with a 25% bonus
Public sale: Scheduled on 1 April to 31 May 2021
Public sale 1: 1–2 weeks with 15% bonus
Public sale 2: 3–4 weeks with 10% bonus
Public sale 3: 5–8 weeks 5% bonus
Softcap $2 million
Hard cap $12.5 million:
FUND ALLOCATION
Conclusion
The fight against the coronavirus pandemic outbreak was impeded by some concerns which include inefficient medical supplies, counterfeit products, difficulty in paying for medical supplies, and so on. However with the introduction of 7PLUS COIN which was created by YEH GROUP of companies the health care system will get a boost in the fight to curtail the spread of the COVID-19 pandemic.
7PLUS COIN, an ERC-20 utility token offers a highly rewarding opportunity by offering an expected yield of 15% net per-annum which will be delivered on a monthly payment plan.
7Plus coin is the way forward for the health care system and cryptocurrency generally, and you will be doing yourself a lot good today by joining the growing community.
For further information, please visit any of the project links below:
PROJECT LINKS
PERSONAL DETAILS:
Proof of authetication: https://bitcointalk.org/index.php?topic=5314256.msg56452067#msg56452067
Eth address: 0xeAEe0E474FD6386Cc53366b7d564b32A8Ed77c33
Forum profile: https://bitcointalk.org/index.php?action=profile;u=2022078
