Solum Global, Inc., a fully decentralized and permissionless blockchain protocol, and the DFINITY Foundation, creator and primary contributor to the Internet Computer Protocol (ICP), today announced a strategic partnership to build an instant, transparent payments infrastructure for the U.S. healthcare industry, eliminating the 30-120 day reimbursement cycles that delay billions in provider payments. The platform will introduce sgUSD, a stablecoin specifically designed for healthcare transactions, running on Internet Computer Protocol (ICP), a decentralized network that allows applications and services to operate entirely on-chain without relying on centralized cloud providers or existing exchanges. Solum’s AI-powered system also identifies fraud, waste, and abuse, which is estimated to cost the U.S. healthcare system $1.4 trillion in 2025.
sgUSD and the electronic health wallet
sgUSD is a digital healthcare dollar, fully backed by US Treasury instruments and liquidity reserves, with independent verification of these reserves recorded on-chain via HTTPS outputs. Solum Global provides a seamless solution to the US healthcare industry by integrating sgUSD with its proprietary Solum Solution Electronic Health Wallet (EHW), a platform that unifies electronic health records, revenue cycle management and claims adjudication into a single decentralized application running on ICP cartridges. Solum EHW replaces fragmented web2 systems with a unified web3 gateway: clinical documentation is directly linked to payment execution and insurance verification in real time.
Solum’s sgUSD “digital dollar” will also enable near-instant settlement on DFINITY’s Internet Computer Protocol (ICP), the most advanced blockchain in terms of transparency and auditability. The patient’s electronic health record is easily accessible to the clinician and patient, allowing instant visibility of coverage, while also offering HIPAA-compliant encryption and audit logs. Solum’s revenue model includes sgUSD transaction fees, interest earned on U.S. Treasury and other liquid assets, onboarding fees for new clients to the platform, a percentage of monthly gross billing revenue from RCM clients, and fees for immediate on-chain Fast Pay settlements.
“Healthcare systems are catastrophically slow and error-prone, with capital stuck in long payment cycles, creating a financial crisis for many doctors and hospitals in the United States,” said Kirk St Johns, founder of Solum Global. “By leveraging ICP, we are deploying an entirely new architecture: one where smart contracts serve the application, AI audits every claim, and settlement occurs in minutes. DFINITY’s technology is the only platform that makes this possible.”
“Internet Computer is a network that provides a new open cloud platform. The network leverages advanced mathematics and computing to host serverless software that is safe from traditional infrastructure hacks and guaranteed to function. This provides an exceptional platform for AI-driven applications and services where security, privacy, and resiliency are paramount concerns, while also supporting end-to-end sovereignty. Healthcare claim validation and value stream routing healthcare is exactly the type of application this new network-as-cloud technology stack was designed for,” said Dominic Williams, founder and chief scientist of the DFINITY Foundation.
Why Solum relies on the Internet Computer Protocol
The DFINITY Foundation created Internet Computer (ICP) as a decentralized cloud infrastructure that allows businesses, governments, institutions, and individuals to host web experiences, store data, and run tamper-proof software entirely on-chain, without relying on cloud providers like AWS, Azure, or Google Cloud. The February 2024 ransomware attack on Change Healthcare exposed the fragility of centralized healthcare, disrupting 40% of U.S. medical claims and exposing 192.7 million patient records, costing $3 billion in damages. ICP eliminates these single points of failure by replicating data across independent nodes in geographically distributed data centers, so that no single cloud provider can be compromised. Compared to EVM chains, ICP offers significantly lower storage costs, native web service, and sub-second finality. The network has maintained 100% uptime since its inception and its technology stack provides Solum with capabilities that no other channel can offer.
Canister Smart Contracts: Solum’s Electronic Health Wallet (EHW), AI Claims Engine, and sgUSD Ledger run inside ICP Canisters: self-contained, tamper-proof compute units that serve an entire web application from the blockchain, maintain their own state, and complete within one to two seconds.
HTTPS calls: Canisters natively retrieve external data via consensus-verified HTTPS requests; no Oracle middleware is required. Solum uses it to pull live payer policy data, verify insurance coverage, and confirm cash reserve certifications directly on-chain.
Security and Privacy: Patient and provider authentication uses ICP Internet Identity – a passwordless biometric login anchored with on-chain cryptography that provides HIPAA-level access controls without centralized identity servers. Medical records are encrypted on-chain via ICP’s VetKeys protocol, which uses a decryption threshold controlled by network consensus, so data can only be decrypted by authorized parties, without exposing the private keys of a single node.
AI Inference: Solum runs its AI engine directly in cartridges to audit claims in real time, flagging duplicate charges, coding, and billing anomalies before payment. Every AI decision is deterministic, verifiable and tamper-proof.
Healthcare spending in the United States will reach about $4.9 trillion in 2025, or nearly one in six dollars in the economy. Solum’s partnership with DFINITY ICP to launch sgUSD will transform the way doctors and patients interact by streamlining payment processes and securely managing medical histories, paving the way for a more efficient and transparent healthcare experience.
For more information about Solum Global, visit
About Solum Global
Solum Global is a decentralized health technology company powered by the Internet Computing Protocol. Its platform integrates AI-based claims assessment, cartridge-based smart contracts, and the sgUSD stablecoin with a proprietary healthcare e-wallet to provide real-time, HIPAA-compliant healthcare payments. solum.global
About Internet Computer Protocol
The Internet Computer, created by the DFINITY Foundation, is a sovereign blockchain that operates at web speed with unlimited capacity. It extends the public Internet so that smart contracts can serve web experiences, store data, and perform calculations entirely on-chain. internetcomputer.org
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