The Iryo.io site is offering the IRYO token, which is described as being a “gateway” cryptocurrencyA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code., possibly for those who are new to it all. Here’s a little information on IRYO, including its relevancy.

IRYO Distributed Healthcare Network

The IRYO network uses 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 make the transferal of medical data less centralized. The network is tackling the problem of medical data being fractured the way it is now. Essentially, under the current system, people go from one doctor to another over the years, and transferring the data about themselves from doctor to doctor can be a real mess.

The Iryo network instead seeks to use the 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. to organize all of this data instead of having it in incompatible legacy systems housed by private organizations throughout the world. Health records of all patients will then be connected together in a uniform system. Individual patients can easily share their information with any professionals that also use this system no matter where they are in the world.

IRYO Network

Iryo 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. LedgerAn append-only type record, where records are immutable.

The Iryo LedgerAn append-only type record, where records are immutable. will allow patients to choose a specialist or particular hospital, or even someone doing research to receive a ledgerAn append-only type record, where records are immutable. list of their full or partial medical history.

It will be even possible to specify that the information will only be accessible by that particular organization or individual for a specified amount of time. Access control features will be possible to cut down on the possibility of the information being used in a way that you don’t want since there will be only so much time for this to happen.

IRYO TokensAsset-backed tokens are claims on an underlying asset, from a specific issuer.

The main token that this tech uses is called IRYO. Researchers, hospitals, and other parties will be able to offer these tokensAsset-backed tokens are claims on an underlying asset, from a specific issuer. to patients who provide them with information. The tokensAsset-backed tokens are claims on an underlying asset, from a specific issuer. will also let individuals easily pay for medical services if they so choose. This creates a positive feedback loop.

The idea will be to eventually make it so the information has a high degree of compatibility with various medical applications running on the Iryo network. Additional objectives are to integrate Iryo with various medical records and zero-knowledge storage systems by 2019. 

The ambition will be to eventually have clinics Iryo-certified as being safe and compatible with the service for those who grow to rely on it.

In order to facilitate all of this, the cryptocurrencyA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code. is even offering discounts in the days leading up to the release. Once it’s up and running the network will be encrypted in such a way that anyone who manages to get access to someone’s medical data will find that this data has no value to them since they can’t read it. This is what’s meant by “zero knowledge.”

Obviously, this is a big concept and that’s why there are people out there who are getting excited by it. In the future, healthcare will be a more and more connected industry, and it makes sense to get a head start on both the data and financial sides of it sooner rather than later.

For more information about the Iryo ICO, as well as other topics related to it, please make sure that you contact us today.