OKEx Set to Launch ALLIVE (ALV Token) Blockchain Healthcare Project on OK Jumpstart
The OKEx cryptocurrency exchange has announced the launch of its second OK Jumpstart project, known as ALLIVE (ALV). The ALV token sale will commence on OK jumpstart on May 16.
ALLIVE is a blockchain-driven intelligent healthcare ecosystem. Its main objective is to provide uniform formats for the integration of health data, enhance data security and support multiple users simultaneously using a decentralized and encrypted storage that is compatible with support extensions.
The project has worked with Ontology for almost a year to enable inter-business partnerships and resource sharing.
Andy Cheung, the head of operations at OKEx, said that ALLIVE was integrated onto the OK Jumpstart platform because it has an enormous potential of revolutionizing healthcare using blockchain technology. Specifically, he mentioned that the project will allow doctors to readily access the medical records for their patients without compromising the privacy of such data. Andy concluded by stating that the application of blockchain technology transcends beyond the financial services industry.
The biggest challenge regarding healthcare is the high cost of treatments, especially for patients suffering from chronic illnesses. The adoption of blockchain technology promises to reduce the cost of treating such conditions. In the long run, the technology will ensure that healthcare is affordable, first-rate and accessible to everyone in need.
Token Sale Rules
OKEx will implement a few changes to allow more users to participate in this event. The subscription-allotment process will remain.
OKB is the only eligible token for subscription and settlement. There will be two subscription sessions.
We're excited to announce that our second token sale @ALLIVE_Official on OK Jumpstart will commence on May 16. Prepare your OKB and get ready!
— OKEx (@OKEx) May 9, 2019
To participate, users must have more than 500 OKB held for at least 15 days. Users with large amount of OKB will receive bigger allotment.
The first session has a time limit of 10 minutes. It can, however, be cut short if the over-subscription limit is attained. The second session will also last for 10 minutes. Unlike the first, it has no over-subscription limit.