XRP Healthcare Hits Major Milestone With UAE Trademark Registration

The XRPL-based pharma and medical platform XRP Healthcare has again marked a significant milestone, securing a trademark in the UAE.
By Coingape Staff
XRP Healthcare Expands Globally With UAE Trademark Registration

Highlights

  • XRP Healthcare secures trademark in the UAE.
  • This follows trademark registration in the U.K. and Uganda.
  • XRP Healthcare's recent advancements push the firm to be an industry pioneer.

XRP Healthcare, the blockchain XRPL-based healthcare platform, has again sparked a buzz across the Web3 space with its recent advancements. Today, July 12, the firm officially announced that it secured trademark registration in the UAE, fueling its global expansion plans. This announcement promptly gained significant traction across the industry, as the blockchain-based healthcare platform secured a trademark in the world’s leading web3 hub. Here’s a brief report on the global expansion endeavor.

Advertisement
Advertisement

Blockchain-based Healthcare Firm Secures Trademark In UAE

According to the firm’s official statement, it successfully secured a trademark in the United Arab Emirates (UAE) today. This follows the company’s plans to expand ventures to the Middle East alongside Ripple.

It’s worth mentioning that the blockchain-based pharma platform earlier secured trademark registrations in the U.K. and Uganda. Now, with its new trademark in the UAE, the firm further safeguards its brand in a vital international market.

Meanwhile, the healthcare platform’s official site outlines a roadmap for 2024 operations. These include $3 million in funding to support M&A (Merger and Acquisitions), international healthcare partnerships, upgrading of businesses, services, and equipment (as in the one mentioned above), and many more in the pipeline.

Aligning with these, XRP Healthcare also appointed merger and acquisitions specialist Whitney Lynn as its new chairman the previous month. Altogether, the blockchain-based healthcare platform has marked monumental strides in recent days.

Intriguingly, the UAE trademark will magnetize companies seeking to license XRP Healthcare’s brand and logo, in turn, offering benefits to the Web3 medical platform. Potential licenses might be offered to hospitals, clinics, pharmaceuticals, medical device manufacturers, and health and wellness centers.

This venture not only aids in generating revenue but also positions the company as an industry pioneer.

Also Read: Animoca Brands Launches Validator on Bitcoin L1 Core to Boost Security

Advertisement
Advertisement

XRP Healthcare Advances

Meanwhile, recent developmental endeavors underscore the firm’s undeterred stance toward streamlining user experiences and offerings. The platform recently halted the XRP To XRPH swap facility, addressing concerns over supply crunch.

XRPH is the native token of XRP Healthcare, used to make a plethora of purchases related to healthcare products and services via the platform’s decentralized marketplace. In the interim, it’s also worth mentioning that XRP price, the native token of XRPL, rested at $0.4689 today, up 5.15% from yesterday.

Also Read: German Govt. Now Only Has 9,094 Bitcoins To Sell; Is the Bottom in?

Advertisement
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.