Giving Compass' Take:

• Causeartist profiles a company called Uulala, which seeks to streamline mobile payments for medical care through blockchain technology, expanding opportunities for populations that typically don't have access to good care.

• Latinos, in particular, make up nearly half of the U.S.'s non-elderly uninsured, so tech solutions such as Uulala could benefit them. Those in the healthcare space should look at blockchain's ability to cut through insurance red tape.

• How are racial equality and healthcare interrelated? Read this and find out.

Let’s face it, no one likes going to the doctor. Many of us put it off until it’s absolutely necessary, and our visit is no longer optional. In fact, our visits to any type of healthcare facility have decreased from just a decade ago. This is concerning especially for the Latino community.

Research across the board has shown that people of color, particularly Latinos, receive lower-quality health care, suffer worse health outcomes, and have higher rates of certain illnesses. The cause may be directly correlated to insurance status (Latinos currently make up one in seven Americans, but nearly half the country’s non-elderly uninsured), wealth, as well as income levels. The lack of health insurance, paired with the high cost of health services, and low wages among the Latino community are some of the most significant barriers impacting the access to help.

The insecurity created by financial, linguistic, or logistical barriers to care means that many Latinos are at risk of not being able to get treatment when required. This places their individual health in jeopardy, and the increased risk of serious illness puts their family’s financial situation even more uncertain. This is where blockchain technology and affordable money sending and receiving services can play a huge role in deciding whether people get access to these much-needed services ...

With a cash deposit system, a blockchain powered platform that allows users to send and receive money, microcredit system, and ATM card all-in-one, Uulala provides a unique solution to a complicated problem.

Read the full article about blockchain improving medical access for Latinos by Matthew Loughran at Causeartist.