The shares of the health care technology company soften after it announced a new initiative to use XRP in the Treasury and Payment Reserve.
Wahida Walis (WGRX), Specialized in pharmaceutical distribution and health care infrastructure, noticed in a new press release It has obtained a $ 50 million credit facilitation to support the use of XRP to settle in actual time as well as the cabinet reserves.
Wellgistics says it is developing a platform that allows immediate payments between pharmacies, suppliers and manufacturers. The platform will also allow smart discounts with the provision of XRP credit lines for independent pharmacies.
Brian Norton, CEO of the company, says, says the company, CEO,
“Our Blockchain’s payment system is the next logical step in the development of health care, allowing us to have solid speed, liquidity and transparency to a system that has long been starving in the three of the three. I think future health care winners will not be in the field of health care.
However, the shareholders do not seem to share the confidence of Norton. WGRX has decreased more than 9.5 % last day and about 40 % in the past five days.
In contrast, XRP rose more than 2.5 % last day and more than 7 % last week and is circulating for $ 2.35 at the time of writing this report.
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