Healthcare system is one of the foundations of modern society, and as such, it needs constant structural and technological improvement to keep up with the needs of the contemporary human being.
Probably led by that theory, the Swiss-based startup, founded in 2013, HealthBank, is presenting their project at the Blockchain Day in Paris, on October 10th.
The Healthcare Data Hub
The HealthBank’s official ICO website declares that they aim to become the leading health data hub for the 21st century and act as a game changer in the global health data market.
By offering providers, users and healthcare professionals a secure environment for all health-related data, HealthBank wants to improve the global healthcare industry.
The list of planned features for HealthBank’s platform is formidable, and encompasses everything from electronic health records via fitness data and ePrescriptions, to medical therapy plans and prevention recommendations, and much more.
The Blockchain Technology and Healthcare
The usage of the disrupting blockchain technology enables the HealthBank’s ecosystem to be owned by the people, controlled by the people and utilized to serve the people.
In short, HealthBank is people-owned health data exchange platform, providing a trusted, safe and secure ecosystem where users can collect health data from any source and in any format.
Users Control Their Own Medical Data
Since ownership of data on the HealthBank’s blockchain always stays with the user, no data will ever be onboarded, stored, processed or exchanged without the explicit consent of the user.
Providers will be able to request access to users’ data by offering a good reason and an adequate reward or payback. However, HealthBank emphasizes that user’s consent is the necessary prerequisite for the exchange and usage of the information.
Business Model
“HealthBank is built upon a B2B2C business model, providing data management services to healthcare providers (HCP) on behalf of their users,” states the project’s website.
In simple terms, HealthBank provides data storage, processing, and exchange services, for which they charge data licensing fees (user, storage or transaction related fees).
For pharma and research partners searching for health data, HealthBank provides a marketplace where these partners can present their need of data and ask users to exchange their data anonymized or pseudonymized for a fair reward, of which HealthBank will keep a small percentage (rake fees).
Crowdfunding Campaign
At the center of the HealthBank’ crowdfunding campaign is their ERC-20 standard HBE token, which will, upon the completion of the ICO, be tradeable on secondary markets.
It is noteworthy that he HBE token is a security token that holds financial equity rights of HealthBank cooperative.
That means that, contrary to the majority of ICO based startups, with HealthBank, every token holder has dividend rights.
Platform Cooperative as the Basis For Decentralization
Cooperatives are the closest thing to a genuinely decentralized business model, and, naturally, HealthBank is one such platform.
HealthBank claims:
- “We are a cooperative: owned by the people, controlled by the people and serving the people.
- We are an existing trusted, open, neutral and independent health data ecosystem provider.
- We have a well-experienced senior team with expertise in technology, product management, eHealth, clinical research and regulation.
- We do not only seek funding for a concept but for a proven business model.
- We do not issue a simple coin but HealthBank cooperative equity as an asset and security token.
- We do not promise astronomical profits but a realistic return on your investment.”
Therefore, if everything promised will be implemented into the system, we have a noticeably fresh, and potentially disrupting project to look forward to.
My brother recommended I may like this blog. He used to be entirely right. This post truly made my day. You can not imagine just how much time I had spent for this info! Thank you!
Interesting post here. One thing I would like to say is that most professional areas consider the Bachelor’s Degree just as the entry level standard for an online college diploma. Even though Associate Qualifications are a great way to begin, completing the Bachelors reveals many entrances to various professions, there are numerous on-line Bachelor Diploma Programs available through institutions like The University of Phoenix, Intercontinental University Online and Kaplan. Another concern is that many brick and mortar institutions offer you Online versions of their qualifications but typically for a drastically higher payment than the corporations that specialize in online college diploma programs.
Thanks for your publication on the traveling industry. I’d personally also like to include that if you are a senior taking into account traveling, it can be absolutely essential that you buy traveling insurance for older persons. When traveling, seniors are at high risk of having a health emergency. Obtaining the right insurance policy package to your age group can protect your health and provide peace of mind.
The very heart of your writing while sounding agreeable in the beginning, did not really settle properly with me after some time. Somewhere throughout the paragraphs you actually managed to make me a believer unfortunately just for a very short while. I however have got a problem with your jumps in assumptions and you might do nicely to fill in all those breaks. In the event that you actually can accomplish that, I would certainly be fascinated.
hello!,I love your writing so a lot! share we be in contact extra approximately your article on AOL? I require an expert on this area to solve my problem. May be that is you! Taking a look ahead to look you.
Thanks for your article. One other thing is the fact individual states in the United states of america have their very own laws which affect property owners, which makes it quite difficult for the Congress to come up with a brand new set of guidelines concerning home foreclosure on people. The problem is that a state offers own laws and regulations which may interact in an undesirable manner in relation to foreclosure plans.
I’ve been surfing online more than three hours these days, yet I by no means found any fascinating article like yours. It?s lovely worth sufficient for me. In my view, if all web owners and bloggers made excellent content as you did, the net will be much more useful than ever before.
Very interesting subject, thanks for putting up. “The reason people sweat is so they won’t catch fire when making love.” by Don Rose.
Do you have a spam issue on this website; I also am a blogger, and I was curious about your situation; many of us have created some nice practices and we are looking to swap solutions with other folks, be sure to shoot me an e-mail if interested.
I have observed that in the world these days, video games are definitely the latest trend with kids of all ages. Periodically it may be difficult to drag your kids away from the video games. If you want the best of both worlds, there are plenty of educational games for kids. Interesting post.