The value of any digital currency arises from its usage as a means of payment, exchange and utility. The greater the utility, the more valuable and stable the currency will be. The Digipharm network offers a wide array of healthcare applications where DGH tokens can be used to pay license/access fees on DIGIPHARM platforms. Payment usage contributes directly to DGH’s utility, while running smart contracts and accessing data and services requires paying a network fee in DGH and in some cases, holding a predetermined amount of DGH to utilise the network.
Access fees will invariably be determined and stipulated in USD value and the quantity of tokens required will depend on the type of access combined with the form of interaction required. The quantity of tokens required for such interactions is subject to change, relative to the market value of DGH.
DGH tokens can also be utilised to access various health related services, incentivise network participants and reward platform governance.
DGH tokens can be used to distribute automated payments upon execution of a contract, and to distribute rewards to users who have opted to share their data/feedback/experiences or as a means of payment for healthcare services and interventions. Utilisation of the token for these purposes provides a higher level of speed, security and privacy not currently offered by traditional payment/rewards methods.
DGH token supply can be permanently reduced via various token Burn initiatives (TBA).