With the integration of blockchain technology into healthcare well underway, B2C blockchainA private key is a string of data that shows you have access to cryptocurrency in a specific wallet. Private keys enable a user to spend from the wallet through a cryptographic signature. based startups are focusing intently on developing tools that facilitate ownership and provenance of personal health information (PHIPersonalised medicine is tailored to the individual patient based on their predicted response or risk of disease. Advances in the personalization of medicine have coincided with advancements in gene sequencing and biologics.). In this space, prevention is the name of the game, and there is no better way to prevent illness than precisely knowing what makes you, well, you.

Colorado based BurstIQ “has solved two fundamental challenges that have, until now, prevented blockchainA private key is a string of data that shows you have access to cryptocurrency in a specific wallet. Private keys enable a user to spend from the wallet through a cryptographic signature. from being utilized in the healthcare space: support for large volumes of data and ensuring security of the underlying data.” The ecosystem includes an intuitive and easy to understand consumer facing product called Lifegraph, where a participant can consolidate all PHIPersonalised medicine is tailored to the individual patient based on their predicted response or risk of disease. Advances in the personalization of medicine have coincided with advancements in gene sequencing and biologics. and share what you want with who you want all the while delivering personalized wellness plans. What makes BurstIQ stand out is their marketplace, where you as an individual can license, sell, loan or even donate your PHIPersonalised medicine is tailored to the individual patient based on their predicted response or risk of disease. Advances in the personalization of medicine have coincided with advancements in gene sequencing and biologics. to established research networks on the other end. This kind of dedication to active matchmaking is a key incentive for consumer participation.

Monetize Health Data on the BurstIQ Marketplace

BurstIQ is personalizing the next generation of healthcare by converging multiple technological sources of your health information into one singular place: The Health Singularity. BurstIQ is the marketplace and your data is the currency. How does tech like this presumably work?

BurstIQ Goals:

• Improve Patient Satisfaction
• Improve Quality of Care & Outcomes
• Increase Market Shares
• Reduce Excessive Costs
• Build Brands That Shake Hands
• Target Research to Save on Costs & Time

The BurstIQ marketplace is where individuals and businesses or research institutes can freely collaborate, reaching agreements together with the assistance from artificial intelligence. Engagements in the marketplace are supported by BurtIQ’s Healthwallet, which powers PHI data governance, compliance, security and permission rules. Other platform services include BurstChain, which is the backbone for rights management functionalities as well as managing consent contracts to permit access to patient-sensitive information, and LifeGraph. LifeGraph is able to cross-examine and manage information from multiple sources to create a road map of your health-data throughout a lifespan.

Elements of the New Health Ecosystem:

• A.I. systems provide more precise insights about your health habits, and which ones are positively (and negatively) impacting long-term care results.
• Use remote patient monitoring and targeted testing, as well as immediate access to Physicians through telehealth consults. It’s your Virtual Clinic!
• Consumer focused health plans act to tailor wellness needs based upon home tests made available to participants
• Sensitive patient information is securely stored in personalized digital HealthWallets.
• Through the HealthWallet, your health metrics as defined by your LifeGraph determines the care you receive. For example: Primary Care Physicians can write and approve your prescription in exchange for BiQ tokensAsset-backed tokens are claims on an underlying asset, from a specific issuer..

BurstIQ is a beacon for blockchainA private key is a string of data that shows you have access to cryptocurrency in a specific wallet. Private keys enable a user to spend from the wallet through a cryptographic signature. HIT innovation that not only supports owning your PHIPersonalised medicine is tailored to the individual patient based on their predicted response or risk of disease. Advances in the personalization of medicine have coincided with advancements in gene sequencing and biologics., but also having the tools to learn from it, which can be tremendously helpful when deciding what you want to do with it.

Unquestionably, using blockchainA private key is a string of data that shows you have access to cryptocurrency in a specific wallet. Private keys enable a user to spend from the wallet through a cryptographic signature. technology to help gather and store patient data in one place improves treatment accuracy and redundant administrative costs. What remains to be seen from B2C blockchainA private key is a string of data that shows you have access to cryptocurrency in a specific wallet. Private keys enable a user to spend from the wallet through a cryptographic signature. HIT startups is the network effect of having the security, collaboration and incentive motivation to share PHIPersonalised medicine is tailored to the individual patient based on their predicted response or risk of disease. Advances in the personalization of medicine have coincided with advancements in gene sequencing and biologics.. In practice, it can help improve the accuracy and cost of clinical research, which could trickle down to affecting drug prices. The first litmus test though for this innovation fork in healthcare’s timeline is to what degree does all this technology will make any given citizen more accountable and engaged with their data.

Blockchain Healthcare Review regularly produces research for key decision makers in the healthcare, clinical, pharmaceutical and biomedical engineering lines of business. For more information, please contact us.