EMRIFY — ICO Registration is Now Live!!!

4 min readApr 9, 2018

Health Passport: a decentralized personal health record platform to deliver trusted health information to the right hands at the right time anywhere in the world.

Emrify has been innovating in the healthcare industry with the Personal Health Record (PHR), Drug Facts, and Clinical Trials mobile application with thousands of downloads and thousands of users on the platform. As a company, Emrify is constantly searching for the cracks in the healthcare industry to solve the Holy Grail of problems of Interoperability.

Emrify truly believes that blockchain is the mighty sword to slay the giant. The decentralized model has come to be the focal point for every stakeholder in the entire continuum of health services. The following subsections will outline Emrify’s plan for launching an entirely new health record platform using the HIT token to build the ecosystem.

Health Information Transfer or Health Information Token (HIT). The token is a utility token that will foster an economy around health data. Health information has strong network effects as more value is gained with more data for analysis. Emrify will establish the fundamental value of HIT for every health stakeholder and the consumers to participate and contribute to the ecosystem from day one.

The HIT cryptocurrency

Emrify is introducing an open source cryptographic token called HIT. HIT will be the unit for all transactions within the ecosystem. HIT will serve as the basis of interoperability with other digital cryptocurrencies. HIT is a utility token valuable to both consumers and stakeholders for use in everyday services. For health data buyers, HIT represents the cost to pay network fees and pay users for their data. For consumers, HIT has value for paying transaction fees to share data to transfer and access medical records when needed and for third-party dapps.

HIT will be implemented on the public Ethereum blockchain as an ERC20 token. The Ethereum blockchain is currently the industry standard for issuing custom digital assets and smart contracts. The ERC20 token interface allows for the deployment of a standard token that is compatible with the existing infrastructure of the Ethereum ecosystem, such as development tools, wallets, and exchanges.

Health dApp Store

In order to expedite the new age of health designs, Emrify will open the platform up to third party developers to create decentralized products and services including themes, apps, widgets, virtual reality, augmented reality, bots, and voice interfaces such as Alexa Skill and Google Assistant. Along the same line, Emrify will kickstart the ecosystem with some default dapps such as medications, appointments, directory, labs, and images. Once the initial traction is successful, outside developers and startups are welcome to build more dapps to attract users with flexible monetization models to earn HITs. By being open to innovations, Emrify can continue to be the preferred platform for health information collection to remain at the forefront of the competitions.

Roadmap & Timeline

HIT token issuance

HIT token allocation
In order to finance the HIT roadmap towards disruption, Emrify will conduct a token generation event to distribute 1 billion units of HITs. 40% of 1 billion (400 million) HITs will be available for the crowdsale. Each HIT will be priced at 0.025 cents per HIT to raise a total of $10 million. At the conclusion of the sale, the distributed HITs will constitute the entirety of the available liquid supply.

All Token purchasers are required to submit ID verification and comply with full KYC/AML prior to purchase. General public token sale begins May 5, 2018 — at which time US Citizens and US residents are excluded from participating.

Emrify pre-sale is open to Large Purchaser of at least $25,000 and limited to Foreign / Institutional / US Accredited Investors as defined in Reg D under the Securities Act.