Blood Coin

Incentivising blood donation for public good using blockchain

Human blood is one the most expensive liquids in the world and yet people who donate blood get nothing in return.

So many people die everyday because of lack of blood of the right kind. This is more of a problem of resource allocation that of resource scarcity.

A global database of blood donations and availability

Every individual had a unique DNA, we can map this uniqueness to the uniqueness of blockchain wallet to create a secure financial instrument of each individual.

Initially our users would be blood donors, who donate blood, and we use their blood sample to assign a wallet to them, and in that wallet we deposit our currency which is worth the blood they donated. (and also how rare the blood type it)

Once this system is up and running, we will always have surplus blood in our hospitals even for the rarest blood types.