MATIC INTEGRATES WITH OPU LABS FOR SCALABLE AND SECURE BLOCKCHAIN TRANSACTIONS FOR THE HEALTHCARE INDUSTRY

Samson Dogo
3 min readNov 27, 2020

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WHAT IS MATIC NETWORK?

Matic Network is a decentralized platform solution for scalability using a custom version of the Plasma framework that equips Ethereum-based DApps with the fast and highly cost-effective processes required for mass adoption.

Matic Network is one of the most common DApp platforms globally, with more than 60 DApps already created on its network.

The Matic Network blockchain achieves certainty using PoS checkpoints sent to the main Ethereum chain. This allows a single Matic sidechain to theoretically handle 65,535 transactions per block and potentially millions of transactions across many chains in the coming time.

WHAT IS OPU?

Opu enables patients, researchers, manufacturers, and health professionals worldwide to manage, monitor, and monetize private and secure medical data. Their flagship app, known as Pocket Skin Clinic, provides consumers with an analysis of their overall skin health using AI.

Opu Labs’ value-driven ecosystem is powered by its native token Opu Coin (OPU). OPU is a token specifically designed to meet the healthcare industry’s needs that enables patients to have complete control over their health data while deploying healthcare professionals and solution professionals. Opu Coin is now available on the Matic Mainnet.

Driving the decentralized healthcare revolution

Opu Labs chose Matic Network as the platform of choice due to their infrastructure’s high performance and security after testing numerous blockchain networks. Opu is the latest in decentralized innovators who understand the value of Matic’s highly scalable network.

With Matic Network’s processing capacity of 7200 TPS, transactions with Matic can be confirmed in as little as ~ 2 seconds with very minimal gas charges (typically only $ 0.000002).

Digital payments, data exchange, and data protection-related transactions in the Opu ecosystem can now be carried out at very high speeds and almost zero gas rates. More importantly, Matic’s infrastructure can facilitate the widespread adoption of Opu solutions by the target market of patients, researchers, manufacturers, and health professionals worldwide.

Opu Wallet v2, powered by Matic, is now available on Opu Webapp. This is just the start of their collaboration; Opu’s integration with Matic now enables a wide variety of blockchain-enabled healthcare applications.

Matic and Opu are working closely together to implement the OPU Coin Smart contract in their mainnet. They are working closely together to take advantage of the blockchain on a larger scale for the healthcare industry.

The next focus for the two teams is expanding the OPU coin system’s use and working with the Matic Biconomy ecosystem project to combine the transaction fees from the OPU network for an even smoother user experience.

The OPU aims to create a standard environment for data exchange in the healthcare sector by creating a balanced economy in which all parties benefit from exchanging information. Matic offers a standard infrastructure to achieve Opu’s ambitious goals.

Matic network integrating with Opu is an excellent development as it provides scalability and security, which will soon make a more fantastic future for researchers, manufacturers, and medical professionals globally.

For More Visit:

https://medium.com/matic-network

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Samson Dogo
Samson Dogo

Written by Samson Dogo

Blockchain and cryptocurrency enthusiast/ambassador

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