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Token Sale

Tag: Token Sale

A token sale, otherwise known as an initial coin offering, is the sale of crypto currency tokens linked to an emerging or just release software ecosystem.

CareX conducts first crypto healthcare transaction in Texas, raises over $10 million

CareX conducts first crypto healthcare transaction in Texas, raises over $10 million

HOUSTON, February 8, 2018 – Before its Initial Coin Offering (ICO) has finished, CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. BlockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. Platform tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. are already being used to purchase healthcare services.

As the Houston Business Journal reported, the first CARE Token transaction took place on February 5. Pinto Walia used 450 CARE ($4,500 USD) to get stem cell therapy from Dr. Naz Keshwani, who runs a medical practice in Houston, Texas. Dr. Keshwani will accept CARE in addition to other forms of payment and offer a steep discount as a result.

 “It’s exciting,” Keshwani told the Houston Business Journal. “I feel like I’m on the forefront.”

CARE TokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. are pegged at $10 USD for the duration of the token sale. When investments reach 20 million USD, the price will rise to $20 USD before going on crypto exchanges later in the year.

“We are carefully managing the process of joining exchanges to avoid volatility,” said CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. CEO Mike Bishop.

Besides accepting new patients and token investors, CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. is actively recruiting medical providers interested in receiving CARE payments in return for their services.

“Patients can now use CARE tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. with any provider that will accept them,” explains Bishop. “We will now be focused on growing that network.”

CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. is much more than a new payment method on a blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors.. CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. patients can also store their medical records, sharing them with any doctor in an instant.

“Having easy access to health records give patients the freedom to choose their provider,” said Bishop. “When providers start competing for patients, everybody wins.”

By accepting tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer., providers will get free access to the CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. suite of products, including analytics software that helps manage the administrative side of their business, saving lots of time and money. They also get access to the global network of patients interested in getting services.

“The more patients I can see, the cheaper my costs per patient could be,” said Dr. Ilyas Benchalaa, a CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. associated physician. “That’s a virtuous cycle which could really benefit everyone I work with.”

CareXCitizen Health Citizen Health is a blockchain-based digital healthcare ecosystem powered by Ethereum and Medit Token. has already raised over $10 million towards the project. The token sale is still ongoing, accepting BTC, LTC, ETH and US Dollars.

This is a paid press release. Blockchain Healthcare Review does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BlockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. Healthcare Review is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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  • Blockchain Healthcare Review
  • 8 February, 2018
  • Industry
  • Blockchain Platform, Blockchain Technology, CareX, Healthcare, Houston, ICO, Press Release, Token Sale
  • More

How ScriptDrop is Using Blockchain Technology for Rx Med Adherence

ScriptDrop is a blockchain-based healthcare startup that plans to reward patients that stay on their medication with cryptocurrencyTransaction Fee A transaction fee is imposed on some transactions sent across the network such as the network that supports bitcoin. It is awarded to the miner that successfully hashes the block containing the relevant transaction. tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. they can use toward their healthcare costs. Along the same lines, the company aims to solve the related problem of medications abandoned at pharmacies by delivering medications directly to patients’ doors through courier services across the U.S. ScriptDrop already has delivery services active in Chicago and New York City. To drive their expansion, the company hopes to build on their $1 million in seed funding through their token sale on November 1st.

ScriptDrop is solving Rx med adherence

ScriptDrop

The ScriptDrop team maintains that there is a two-fold problem holding back certain key aspects of healthcare in the U.S. First, a quarter of patients’ prescriptions are never picked up from the pharmacy. Second, half of patients do not take their medication according to their prescribed regimen, if at all. The healthcare startup argues that when patients fail to take or stay on the medication that keeps them alive and healthy, the result is, expensive medical visits, surgeries and wasted medication. It can even be fatal. The company claims that patients’ failure to take their medication is ultimately leading to more than 100,000 deaths, as well as $300 billion in healthcare costs, each year.

ScriptDrop’s solution to this two-fold problem is a prescription delivery service and a sophisticated reminder service, both of which gather patient information and reward patients for participating.

Prescription delivery service

ScriptDrop’s prescription delivery service is the more developed of the company’s two solutions at this time. Already active in two major U.S. cities, ScriptDrop plans to use the more than 350 courier services available in more than 40 states to run their prescription delivery service smoothly and efficiently.

Virtual assistant and reminder service

ScriptDrop’s virtual assistant, currently in Beta, is the more sophisticated of the two solutions and serves as a multi-channel reminder service to help keep participating patients on their prescribed medication regimen. ScriptDrop is tapping into a wide spectrum of platforms to reach and interact with participating patients. Reminders are sent via robo-calls, text, Slack (workplace messaging platform) and popular personal assistants and home devices such as Amazon Echo, Google Home and Microsoft Cortana. Daily reminders may include notifications sent to caregivers, and also encompass refill reminders as necessary. In addition to serving as a reminder service, the virtual assistant asks patients to confirm that they have taken their medication as prescribed.

The patient can choose to take the process a step further and agree to share their adherence information with their doctors and pharmacies. For example, with the patient’s permission, ScriptDrop will notify the patient’s doctor that they are taking their medication as prescribed. Notifications can take place via fax or through the patient’s EHRHealthheart HealthHeart is a blockchain-based EHR offering for medical providers that is built on the Ethereum network., thanks to ScriptDrop’s integration with Updox.

Incentives to participate

In order to encourage patients to use the ScriptDrop service, patients earn cryptocurrencyTransaction Fee A transaction fee is imposed on some transactions sent across the network such as the network that supports bitcoin. It is awarded to the miner that successfully hashes the block containing the relevant transaction. tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. with each interaction with the virtual assistant. Then the patient can use the tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. they earn towards their health insurance premiums or to reduce their co-pays.

The dual, blockchain-based platform

ScriptDrop keeps patient information in adherence profiles stored securely on a Hyperledger-based blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors.. Token transactions, on the other hand, are kept on a separate, Ethereum-based blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors..

ScriptDrop company profile

Founders

Founders Nick Potts and Larry Scott worked together at CoverMyMeds, where they helped grow the pharmacy-software company, now valued at more than $1B, before leaving to found ScriptDrop.

Partnerships and progress

ScriptDrop has secured two partnerships, UpDox and BestRx, and recently launched its prescription delivery service in Chicago and New York.

Funding

ScriptDrop has received $1 million in seed funding from Rev1 Ventures, Jumpstart Foundry and M25 Group.

ScriptDrop Token Sale

ScriptDrop plans to hold a token sale on November 1st. Of the 1 billion total tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. issued, the majority (51%) will go to patients; 8% will to go the ScriptDrop Team, advisors and other parties; and the remaining 41% will serve as the 410 million tokensAsset-backed tokens Asset-backed tokens are claims on an underlying asset, from a specific issuer. available at seven to nine cents each to participating pharmaceutical firms during the company’s token sale. The healthcare startup plans to raise $17.5 million from its ICO.

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Subscribe to stay up to date with the latest blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. innovation in healthcare.

  • Brennan B.
  • 18 October, 2017
  • MedTech
  • Adherence, BestRx, Blockchain Technology, Cryptocurrency, Cryptography, Health IT, Healthcare, HIT, ICO, Jumpstart Foundry, M25 Group, New York, Rev1 Ventures, ScriptDrop, Secure Healthcare, Token Sale, UpDox
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Patientory – Blockchain, A.I. and Population Health Management

Blockchain Solutions for Population Health Management

Patientory is a healthcare start-up aiming to transform the way patients keep track of their health information by empowering them to manage their own health care. Although based in Atlanta, PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. grew out of a collaboration between Boulder, Colorado’s Boomtown Health-Tech Accelerator and Colorado Permanente Medical Group (of Kaiser Permanente). They are also in partnership with Startup Health.

PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. has placed their focus on four interrelated areas: a mobile app, the Electronic Health RecordClinical Data Repository A clinical data repository (CDR) is a database used to aggregate EHR data from several disparate systems., the health sector’s first crypto-token, and Patientory’s blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platform.

The PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. mobile app

Simply called “PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system.,” the PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. mobile app enables users to store, view and track their health care data using HIPPA-complaint blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology. Patientory’s advanced patient profile gives users instant access to their:

  • Medical history
  • Doctor visits
  • Medications
  • Immunizations
  • Health insurance

On the Patientory blog, the team argues that the digitization of health care information not only has obvious advantages, such as instant access to one’s health data, but less immediately noticeable advantages as well. These include a reduction in lost data (e.g. from indecipherable handwriting); enhanced patient-doctor communication; emergency alerts (e.g. of life-threatening drug-interactions); and an increase in preventative care due to empowered and informed patients. More generally, PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. claims that the digitization of health care data will increase healthcare quality and efficiency while reducing the nation’s healthcare costs by billions each year.

PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. and the EHRHealthheart HealthHeart is a blockchain-based EHR offering for medical providers that is built on the Ethereum network.

According to Patientory CEO Chrissa McFarlane, adoption of the Electronic Health RecordClinical Data Repository A clinical data repository (CDR) is a database used to aggregate EHR data from several disparate systems. has reached “approximately 90%” among health care providers. Nonetheless, McFarlane points out that recent security breaches have only worsened concerns over the privacy and security of EHRs. Furthermore, doctors and hospitals are often unable to share their information with one another. The result is not only an inefficient system, but a marked decrease in the quality of care. After all, every minute that doctors spend manually entering their patient’s data is another minute they could have spent with their patient. McFarlane maintains that blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. is the most popular solution to the problem under discussion among technologists specializing in the healthcare sector. PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. is building their platform accordingly.

The PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. crypto-token

On April 25th, Patientory announced that they were taking a bold step toward realizing the task of interconnecting patients’ EHRs (while preserving their privacy) with the introduction of the first crypto-token to the healthcare sector. According to McFarlane, the PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. platform will transfer tokens—PTYs—to “reward providers that work together” and provide the best care to their patients. The result: both a reduction in the cost, and an increase in the quality, of healthcare. Patientory’s token sale is set to open on May 17th.

The PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. platform

 

On a more technical level, the PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. platform (a health information exchange or HIE) makes use of secure, closed loop, distributed, blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology to encrypt and decentralize data so that it distributed and HIPPA-compliant. As a result, with Patientory’s help, “the healthcare ecosystem” now has the means to embrace a blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platform and “to seamlessly exchange” information. According to PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system., providers have every reason to participate, as the blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. system promises to improve efficiency, eliminate redundancy and bring down the cost of care.

patientory

Taking a broader view, PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. sees a new model emerging for the U.S. healthcare system. McFarlane explains that the overall goal is to transition the healthcare system in the U.S. from a “pay-per-service” platform to a “value-based” platform. But to accomplish this task requires a trusted healthcare information system that enables participating organizations to track and reward “medical interventions” based on their “quality, value and effectiveness.”

Overall, PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. has a bold vision backed by a sophisticated app and blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platform. Yet the healthcare system has been slow to embrace systematic change in the past. Therefore, whether PatientoryAMCHART AmChart is a blockchain-based international Electronic Health Record (EHR) that improves portability and security of information provided to the system. will succeed where others have failed in transforming the health sector is an open question. For fans of the “Facebook for healthcare,” a cautious optimism may be in order.

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Subscribe to stay up to date with the latest blockchainBlockchain Computing System A Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. innovation in healthcare.

  • Brennan B.
  • 1 May, 2017
  • MedTech
  • A.I., Blockchain, Blockchain Technology, Crypto-Token, Cryptocurrency, Cryptography, EHR, Ethereum, Health IT, Healthcare, Healthcare Information Technology, Kaiser Permanente, Mobile App, Patientory, Population Health Management, Privacy, Provider, PTY, Smart Contracts, Token Sale
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