General FAQ’s

Initially thought of in the year 2011 for usage in CHUDATS, the healcoin was technically conceived and
designed in the year 2022 and further patented on 01 December 2022.

Conceived by the system inventor, the healcoin was primarily introduced as the principal payment
currency for the Community Health Unit Database Networking System (CHUDATS).

The healcoin, or heal coins, is a digital peer-to-peer payment system that depends on encrypted
algorithms specifically designed for the health sector and other selected community development
assistance opportunities.

The healcoin, or heal coins, is a digital peer-to-peer payment system that depends on encrypted
algorithms specifically designed for the health sector and other selected community development
assistance opportunities.

Heal Coin and Bitcoin are both crypto-currencies that facilitate digital payments; however, healcoin is
limited in scope and opportunity to the health sector and humanitarian assistance only.

The Heal coin is principally used within the global health services management system CHUDATS and
other accredited healthcare systems that have the Heal coin payment gateway permissions, while other
digital currencies have diverse usages

The purpose of the Heal Coins is to settle healthcare bills and make donations. The option of making
online purchases will depend on the users, who may choose to trade their valued healthcare insurance
savings for other interests.

The purpose of the Heal Coins is to settle healthcare bills and make donations. The option for trading with
other currencies will depend on the users, who may choose to trade their valued healthcare insurance
savings for other interests.

The Healcoins are built on a decentralized blockchain technology that ensures transparency and security
through distributed ledger technology and also utilizes advanced encryption techniques to secure
transactions and prevent, at best, all forms of hacking and unauthorized access.

Unlike other digital or crypto-currencies, the Heal Coin is a patented and licensed digital product that has
limitless applicability boundaries. Global usage legality is ipso facto covered by its existential license;
therefore, country-level legality will depend on country-level government policies.

The principal way of obtaining the heal coins is by downloading the mobile application (Heal the Sick),
and with a user account, you can be able to purchase, use, or save your heal coins. You can also purchase
healcoins on this site by clicking on the Purchase Heal Cash button at the left bottom of your screen.
With your user account, you can make direct healcoins purchases; however, if you do not have a user
account, you will be guided to creating an account with which you can make your purchase.

Each user with a mobile app account is granted a free Heal Cash Wallet. When you purchase healcoins,
they are directly saved into your Heal Cash Wallet

Using any accepted currency, you can purchase healcoins, which represent the value of the amount paid
and are then added and directly saved in your heal cash wallet. The saved healcoins will be used by you to
forward payments or approve payment requests, thereby deducting your heal cash wallet balance. You
can also receive heal coins in your wallet when another user transfers heal coins to your wallet.

In order to transfer Heal Coins to another user’s wallet, you need to request the ID of the said user, and in
your own wallet, you can initiate the transfer option, which will request the recipient’s identification
information that you use to confirm the amount to be transferred.

All local, national, and global currencies that are recognized and accepted through our payment gateways
are eligible for purchasing healcoins.

The healcoins principally serve as a health insurance mechanism or currency, which is for healthcare bill
payments and some selected humanitarian purposes only. Only beneficiary institutions can convert their
heal cash balances into cash or other forms of settlement. Your personal balances reserved within your
heal cash wallet cannot be directly converted into cash through our system.

If you have a Heal Cash wallet balance, you can browse the CHUDATS website to see approved projects
for donations and easily make your donations by choosing the payment method and amount options. The
same is applicable for donations for health unit or hospital projects and for donating to a published sick
patient in need.

Our user agreement is strict on the no refunds policy; however, if the purpose of a donation is not met and
the donated amounts are still in the CHUDATS’ wallet, we may make refunds based on the reasons
advanced, or alternatively, ensure that the purpose of the donation is still achieved in a similar manner.
However, we also have a strict penalization policy for beneficiary institutions that do not meet their
public donations’ or assistance expectations.

Heal Notes are the liquid format of the Heal Cash health currency. They are also part of the licensed
products of CHUDATS that act as liquid credit bills for the healthcare industry, especially with regard to
the operations of CHUDATS and its various applications. Designed and printed in different
denominations, the notes carry specific messages that convey their meaning and esteem for both the
benefactor and the beneficiaries. Check out www.healnotes.com for more information.