Blockchain technology offers innovators a unique and highly secure method of transferring not only currency, but also data. The health industry has been one of the biggest targets of 2017 for initial coin offering-based blockchain startups, with many platforms attempting to promote secure interoperability between health care providers or give patients more control over their health data.
Many of these health care startups have attempted to minimize the administration costs associated with the health care industry. A new Estonia-based startup, however, is aiming to reduce health care expenses using the blockchain in a different manner. Healthureum wants to reduce health expenditure by eliminating inefficiency in data, resourcing, operations, technology, and drug sourcing.
In this article we’ll check out what the Healthureum development team has planned, as well as assessing the upcoming Healthureum HTH ICO to help you determine whether it’s worth investing in.
What is Healthureum HTH ICO?
Healthureum is a new blockchain-based platform that is intending to reduce health care costs by benefiting both stakeholders and patients with a technology-driven approach to healthcare systems and operations optimization.
The dynamic system proposed by the Healthureum project would see the health care industry transformed with both blockchain and smart contract integration. The multi-functional ecosystem outlined by Healthureum is focused on providing innovative health care services and guaranteeing users access to specialists, physicians, high quality medical infrastructure, and cutting-edge treatments as well as philanthropic sponsorship programs.
The LPC of Healthureum, Danuta Kowalska, has elaborated on the potential for disruption blockchain technology has in the health care industry:
“Through blockchain, we can achieve decentralized healthcare, closing the gap between services: through transparency, security and most importantly accountability.”
The Healthureum platform will operate on a native crypto token, and will provide users with full access and control over their medical data at all times. Like other health care focused blockchain platforms, Healthureum wants to promote interoperability between health care providers using different data systems, in different geographic regions.
Patients using the Healthureum platform will also have access to online video consultation from certified medical consultants, as well as a rapid and secure payment system. The entire Healthureum platform will be built upon the Ethereum network, complete with an ERC20 standard token called the HTH, or Healthureum Token.
HTH will be used to compensate medical practitioners that operate on the Healthureum platform, as well as reward patients that choose to share their medical data with research programs and clinical trials. Malcolm Wilkinson, the CTO for the Healthureum platform, has spoken in a recent press release regarding the data systemization framework upon which Healthureum is built:
“By adopting a decentralized approach to data management, we eliminate human errors, third-party influence, the risk of tampering and manipulation. Thus, we can achieve a more robust means for storing and sharing data securely.”
The Healthureum HTH ICO
The Healthureum pre-sale is currently underway, and will conclude on the 30th of December 2017. The ICO itself is set to launch on the 10th of January 2018, and will finalize on the 13th of February 2018. The total supply of HTH tokens is limited to 150,000,000.
The Healthureum HTH ICO Verdict
The Healthureum platform is an interesting proposition, but unfortunately does not offer anything different or innovative when compared to other health care data optimization platforms that aim to incentivize patients into sharing their medical data with crypto tokens. Overall, the Healthureum project is a smart idea, but it’s late to the party.