What is SSOT Health?
The SEHR Token is named by the company SSOT a new platform in the health care space, using blockchain technology and cryptocurrency. The platform has been engineered and re-engineered through the use of Smart Contracts and blockchain technology for health information networks known as HIN. When it comes to SSOT, they are literally seeking to re-engineer healthcare providers themselves, so they are fundamentally changed at the roots with SSOT Health.
The system isn’t just focused at provider either, stakeholders are using the platform to mange electronic health recovers while also interacting with different health care teams through the use of the platform. Speaking directly about SSOT Health, if you’re curious and want to know more – read the following article of content.
How Does SSOT Health Work?
The new system runs on blockchain technology, new software that is growing in popularity at an unreal rate. If you don’t know what blockchain technology is, look it up. But even blockchain technology in itself isn’t exactly clear. The technology is simply to early in development to be explained and understood in full by everyone. Even so, it’s implementation is still happening very rapidly on a global scale.
And if you ask professionals or academics who work with blockchain constantly, when it comes to cryptocurrency technology, in the official state of a ledger being distributed, the whole computer is most likely going to agree on higher-level blockchain technology, even when the data in the ledger itself is all different kinds. An example would be like taking notes, transaction details, and attributes all recorded separately in different formats but related and being able to be understood as one.
And in this case, the transactions are recorded chronologically on the blockchain. In the data recording, a chain will form that will not ever change. And, while its done may seem less personal to some, it still requires human implantation to work. And in this case, the ledger being distributed, is being done by a multitude of various participants on the network. But once it’s completed, it’s all done at the same time and looks like nothing out of the ordinary.
As for SSOT, the platform is primarily fueled by procedures and individual distribution that is also pushed by the Patient-Centered-Healthcare-Approach or PCHS. And in the case of SSOT, service providers need to adopt the network standards to use the platform with their system. They do this to ensure that any service providers will work together to bring people the best health care possible, taking the competition out of it. And also, to eventually move all data stored on paper to electronic storage on the SSOT platform.
A lot is changing in healthcare today because of all the laws that are changing. Healthcare data is getting all too easy to access with incentive programs and faulty federal laws. But in the end, the result is that doctors are starting to type more than they are talking when it comes to their patients. And as a whole, the entire medical field is outdated and at a very high-risk for the loss or theft of massive amounts of personal and private pieces of data. It’s just too easy for anyone to access another person’s personal data through medical records.
The vision of SSOT Health is to change this through the changing of the technology used in the industry. They are looking at the two major problems currently challenging the medical field, both of them are confusing, both are at risk of electronic fraud and both are at risk of privacy infringement standings against the individual patients.
As for the first, people getting personally ripped off by other people and big pharma, blockchain technology can help avoid this from happening. With the use of Smart Contracts, people can be fully protected through their entire journey in the medical industry – which is basically for the rest of their lives.
And when it comes to compromised personal data, blockchain technology is also great for that. The cryptography aspect of the blockchain will make it impossible for third parties to access private data without the proper authorization, and that includes hackers looking to perform fraudulent activity.
Not only that, but the new technology will offer other benefits to medical institutions and patients as well, by causing the cost of health care to be reduced because of the added levels of security and more efficient methods of operation.
What is the ICO On SSOT Health?
The crowdsale for the token started back on February 02, of this year (2018). That’s roughly one month ago, give or take a couple days because of February’s bizarre calendar. Regardless, the ICO is running at full force right now and has another 34 days until it closes on April 30th of this year (2018).
The total number of the SEHR token issued is set at 1000million or one billion. 50% of the tokens or 500million of them will be offered through the pre-sale and following sale. 18% of the tokens or 180million will be reserved to be used by the platform’s team. And 20% of it or 200 million will go to the community.
While another 9% of the tokens or 90 million of them are for building a foundation of long term investing and the development of the company. And the last 3% or 30 million remaining tokens will be used to fund the ICO token sale.
The SSOT Foundation has issued 1000 million SEHR Tokens. No more will be issued and 500 million of the tokens are being offered up for sale during the currently running ICO. The rest or other 500 million tokens are saved in reserve for the foundation, the team and the community.
Who is Behind SSOT Health?
As for the team, they all have valid LinkedIn Profiles that are currently active. The co-founder is Moses Rajan, a man with more than 5 years of experience working with technology. He’s an entrepreneur with four startups under his belt, all of which where in healthcare and analytics. He has an MBA from Brandeis University, USA and has also been educated at Harvard University, Cambridge. He is a IBM certified Blockchain Specialist and Developer.
Anita Suri is the co-founder with experience in two healthcare and analytics startups as well as having an MS from BayBath University, USA. Dr. Kalyan Kalwa is the next on the team roster, and with more than 25 years of experience in in the healthcare technology sector – he’s an ideal candidate for the team. Kalwa is a medical is a medical doctor who is also respected as a major innovator in the world of healthcare.
The last two team mates are Mohit Verma, insurance expert with more than 30 years of experience in the healthcare field and an MS from Brandeis University, USA. And Dr. Daniel Prabakaran, who has more than 30 years of experience in the biotech medical industry, big pharma and healthcare in general. He also has attended Harvard University in Cambridge where he is in his Post Doctorate phase of eduation.
Working with the team, there are five other advisors on the staff who are well educated and have a tremendous amount of experience in healthcare and technology. For a fully detailed roadmap, head to the company website and see for yourself the plans they’ve made for the next upcoming couple of years.
SSOT Health ICO Conclusion
SSOT is looking to be the one source for all medical needs when it comes to data, documentation, authorization, prescriptions, records and medical history. The platform has already come a long way and is being considered for adoption by many large institutions.
Hopefully, with all the changes in the medical industry happening – SSOT Health will be able to make some important contributions their technology is looking to change the way the entire medical field is operated.