Bitcoin gradually pervading the medical tourism industry

Published on : Friday, January 5, 2018

BitcoinThe new technology of Bitcoin has been fascinating travellers worldwide of late leaving its impact keenly felt in car rentals, flights and accommodations.

 

Currently, medical tourism is growing exponentially.

 

An economics professor Marc Pilkington mentioned that medical tourism is presently an industry worth $100 billion, globally, comprising 11 million medical tourists annually. The yearly growth is about 25% worldwide.

 

And, several medical tourists are paying with Bitcoin while travelling abroad to receive medical treatments like organ transplants, health-check-ups, cancer treatments, orthopedic, cosmetic and dental procedures and so on.

 

According to one of the leading magazines on medical tourism, the growth triggers of medical tourism sector are:

 

 

Currently, an increasing number of the institutions providing treatment and services to medical tourists are using blockchain technology and accepting payments in Bitcoin.

 

Furthermore, healthcare services that are based in Canada have also started accepting payments made in Bitcoin.

 

The usage of Bitcoin is likely to be expanded in the tourism industry.

 

Since the Bitcoin technology boasts of a borderless nature it really makes convenient the payments for tourism, particularly the medical tourism sector and healthcare services throughout the world.

 

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