Health In Tech (HIT) announced the signing of a non-binding strategic Letter of Intent, or LOI, with AlphaTON Capital Corp. (ATON) to jointly develop HITChain — a blockchain-enabled healthcare insurance claims processing platform built on The Open Network. HITChain is designed to address one of the largest pain points in U.S. healthcare: claims processing inefficiency, fraud, and opacity. By combining Health In Tech’s insurance expertise with AlphaTON’s blockchain infrastructure and security protocols, HITChain seeks to establish an immutable, transparent, and efficient claims ecosystem that reduces administrative costs, improves trust among stakeholders, and creates measurable value for employers, providers, brokers, and insurers. Together, the two companies will oversee roadmap planning, regulatory alignment, security auditing, and long-term customer support to ensure institutional-grade reliability and compliance.
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