Crypto Shark Tank Goes Live with Episode 1 Released about HealthGates
Crypto Shark Tank Goes Live with Episode 1 Released
If you are a fan of the cable series, Shark Tank, then you will love its cryptocurrency equivalent, Crypto Shark Tank, which is now live. The new show will comprise of everything that you have come to enjoy the favorite Shark Tank show, with a panel of expert judges and entrepreneurs pitching their blockchain ideas. The first episode of the new show was a success, with HealthGates making a solid presentation of its blockchain-based healthcare solution. Read more about it here below:
What is The Crypto Shark Tank?
The logic behind the creation of this show, Crypto Shark Tank, is quite simple: it helps you to discover whether your blockchain project is equipped and ready to start the arduous journey through the tough crypto world. After assessing the abilities of a specific company and scheduling a phone interview, the company is invited to the filmed shows in which the Sharks ask more defining questions to figure out your readiness.
The Crypto Shark Tank show is the product of CEO and Founder of Blockchain Warehouse, Adrian Guttridge. Blockchain Warehouse is a comprehensive TGE provider with a robust network of enterprise solutions designed to enable blockchain projects to launch successful ICOs. Most importantly, companies that impress the sharks during the show not only get a high rating, but they can get the support they need to a success token generation event.
Episode 1: HealthGates
The first blockchain app on the Crypto Shark Tank was HealthGates, an electronic prior authorization company. HealthGates is a conduit for insurance companies, physicians, specialty pharmacies and patients to deliver proper treatment therapies efficiently, seamlessly and within the shortest time possible. According to Dr. Francis Arena, the CEO and Founder of HealthGates, the healthcare sector urgently needs the intervention of blockchain.
The current traditional healthcare system used to record and report most medical diagnosis is quite outdated, mostly relying on fax machines. This system is now acting as a barrier to efficient access to treatment, leading to increased health care costs and even life-threatening situations where late approvals can lead to even loss of patients’ lives.
The Solution: Digitizing Patient Data
HealthGates offers a blockchain digital system that will manage patient data and revolutionize communication and the delivery of all health data for healthcare providers, patients, the insurance industry and pharmaceutical sectors. In a period where high tech advances in treating difficult diseases continue to be developed and implemented, the current antiquated systems are holding back these advancements from the patients who need these services the most.
HealthGates, represented by its CEO, Dr. Arena, did an excellent job in presenting its blockchain authorization solution. The Sharks were very impressed and gave the project a score of 33 out of 40 while advising Dr. Arena to add insurance providers to its advisory team.