XRP Healthcare Hits Major Milestone With UAE Trademark Registration

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.

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.

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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.

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