NHCT — Nano Health Care Token
How about your health these days? If you are one of those individual that are wearing a special smartwatch combined with health apps installed in your smartphone and constantly monitoring your health status (be it the kilometers you have walk or your health rate or sleeping time rate etc) then there is a good news for you. There is a new platform called NHCT (short for Nano Health Care Token) that not only enable you to monitor and review your health condition accurately and safely but also reward you to do so. Wow what a great idea to stay healthy and get some money too.
NanoHealthCare Token (NHCT) is a blockchain based healthcare ecosystem which introduces the concept of ‘Total Health.’ Our ecosystem connects users, medical and wellness service providers and insurance firms for personalizing healthcare to be more effective and efficient. NHCT leverages a unique combination of community health workers called “Health Coaches” and a proprietary technology platform to facilitate early diagnosis and continuous management of chronic NCDs such as Diabetes and Hypertension.
NHCT Personalize Healthcare for an Individual and gives the following benefit:
- Personalized Healthcare
- Incentivizes users to be fit & healthy
- Focus on Total Health
- Giving AI based recommendations for preventive care
- Health Systems (Provider + Payer)
- Leverages Health Coaches to drive continuous care
- Safe and secure health data storage
- Verified data for personalized plans and research
- The Health & Wellness cycle
Tokenization allows NHCT to build an incentive primarily based engagement model for users and a common medium of exchange for all the individuals inside the surroundings. As explained later in this record, NHCT establishes three levels of tokens, representing distinct ranges of verified person generated data. Tokens thereby now not most effective inspire activity and trade within a healthcare environment, however additionally serve as a mechanism to classify the accuracy and cost of affected person generated fitness statistics. Tokenisation brings forth the subsequent benfits to the atmosphere members.
- Users: Are motivated to adhere to schedule and focus on their health and well-being. For every positive action, they are rewarded with tokens.
- Medical Services and Goods Marketplace: Allows medical providers to engage a global audience or target their locality using a single token structure.
- Wellness Services and Goods Marketplace: Can scale their operations based on their reach.
- Researchers and Pharma companies: Obtain high quality user generated data through tokenized subsidies. Research and Pharma companies can access anonymized user data by spending NHCT.
- Insurance companies: Will be able to reward users to live a healthy lifestyle and benefit from reduced insurance claims. They can further provide, customized plan to users based on the longitudinal data available in NHCT ecosystem.
- Corporates: Enable monitoring the health and well-being of their employees and reward them for maintaining good lifestyle. This reduces their group insurance claims and helps them maintain a healthy workforce.
- Governments: Can measure and drive the health and wellness of a large community as seen in our partnership with the Government of Telangana, India with a population of 35 million.
Many blockchain enthusiasts as well as investors were in a better position to comprehend the value the company brings about. This is in relation to the possibilities of creating total health which will go a long way in helping users to leader healthy and better quality of life. This is because in the recent past, they have been able to reach well over 70,000 people, whereby they treated them for non-communicable ailments like diabetes and cholesterol. The company works in conjunction with the state government of Telengana, as well as other corporates over the past few years, whereby they offer measurable and trackable health dashboards for organizations and communities.
Proof of Total HealthAn innovative 3 token incentive model, to ensure high quality health and wellness data
Wawa
- Self Verified Fitness Data
- Least Authentic
- Incentivised using Wawa Token
Warma
- Community Verified Wellness Data
- Authentic but does not capture complete health
- Incentivised Using Warma Token
NHCT
- Medical Tests/Checkups Verified Medical Data
- Highest Degree of Authenticity
- Incentivised using NHCT Token
Technical Architecture
- Hyperledger manages all healthcare data users and roles, proprietary algorithms for healthcare management and prediction
- Public Ethereum blockchain for managing NHCT utility tokens
- Hybrid storage management architecture based on data partitioning with IPFS, DDMS and Blockchain native stores.
According to Praveen Dwarkanath, the head of ecosystem development at NHCT, they are doing all they can to ensure that NHCT is a benchmark ICO. The company takes pride in the fact that unlike other medical ICOs, they are the only ones capable of producing 100% certified health data. The company’s three-tier token data protocol makes it possible for them to incentivize consumers for each action they take even as they work towards augmenting their total health, like going physical exercises and receiving periodical medical health checkups. The NHCT team declared in the pitch that the private investors would receive a gratuity as well as a special price protection. They were able to rake in commitments worth $2 million for the private sale period.
NHCT Token Typeis ERC20 with the symbol of NHCT. The NHCT fundraising Goal is at Soft cap of USD 1,000,000 while the hard cap at USD 9,000,000. Total Tokens available is at 1,000,000,000. The Base Priceis USD 0.032. The Available Token for Sale is at 35% of total tokens.
NHCT addresses the existing healthcare data challenges and its impact using a blockchain based application that:
1. Maintains the medical record of an individual as a single source of truth.
2. Builds an ecosystem of healthcare with providers, insurers, researchers and patients for exchange of medical data in a consistent and secure manner.
3. Employs a proven artificial intelligence engine that utilises medical data to recommend personalised activities to improve health.
4. Offers token-based incentives to encourage participation in the health focused community.
5. Motivates the developer community to build integrated applications within the ecosystem.
Website: https://nhct.io/
Whitepaper: https://drive.google.com/open?id=1GAqoyOxEKgz8CbXUNw7g0HTh95VpvLh7
Twitter: https://twitter.com/NanoHealth1
Telegram: https://t.me/NanoHealth
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