Welcome to the NHCT Ecosystem
Being and staying healthy is a continuous process. It is like a journey where once you reach a milestone, another one is already waiting. In this journey towards living a healthy life, you can end up interacting with various stakeholders like:
- Doctors and hospitals for regular health checkups
- Gyms and Wellness centers for physical exercise and well being
- Yoga and meditation for mental fitness
- Dieticians to ensure the right intake of required nutrients
- Pharmacies to procure medicine/vitamins
- Dieticians to ensure the right intake of required nutrients
The biggest problem today with our Health and Wellness ecosystem is that all the user data lying with the stakeholders is fragmented. This results in an ambiguity as no one in the ecosystem has a complete picture of an individual’s health. This has caused enormous health care problems of unsustainable cost increases, poor quality, and inequalities. The onus of sharing the information lies with the patient alone.
The second problem that the Health and Wellness ecosystem faces today, is for data sharing. Every player in the ecosystem stores data in different ways and some of them just skip the part of data storage. This makes it very difficult for the patient to keep a track of all their medical records and hampers the interconnectivity of records. Lack of interoperability negatively affects the quality of patient care because it may lead to false diagnosis, inappropriate prescriptions and incorrect treatment of a disease.
In addition, there are issues with data security as well. The healthcare industry experiences more data breaches than any other sector.
Lastly, a large part of being healthy is preventive care. Most of the healthcare solutions today are focused on providing symptom-based care. They focus more on acute solutions and are reactive in nature rather than on continuous and consistent care. However, the data shows that more and more people today are succumbing to lifestyle-related non-communicable diseases when compared to communicable ones.
We, at NanoHealth, have been in the pursuit of solving these pressing problems since our inception in 2014. We began our journey by winning the prestigious HULT Prize, along with $1million to take our solution to the masses.
NanoHealth has pioneered a technology-driven, human-touch model to, at first, risk-profile the population, and then, ensure care continuity for the high-risk population. NanoHealth’s solution enables providers within the healthcare value chain- viz health coaches, general physicians, specialists, nutritionists, pharmacists, and diagnosticians to deliver coordinated, guided and user-centric care over a long-term basis to manage the diseases.
In over a period of four years, NanoHealth has touched over 75,000 lives and has provided a positive impact on the patients in managing their Diabetes, Hypertension, and Obesity. NanoHealth has also made inroads with public sector (governments), like the Govt. of Telangana, and private (corporates & private insurance) payers, that are now integrating our solution to proactively manage people’s health.
Since the past one year, we have been exploring the use of blockchain in solving the key issues related to data security and data sharing between different stakeholders in the health and wellness ecosystem. Our continuous research coupled with the initial working prototypes have led us to believe that Blockchain technology has a great potential in transforming integrated healthcare experience and in enabling NanoHealth to democratize its “care coordination” model.
Thus, it is with great pride that we introduce the NHCT (NanoHealthCare Token) ecosystem. We at NHCT believe that our vision of scaling proven proactive & continuous care model will help us grow globally and exponentially.
NanoHealthCare Token (NHCT) addresses the existing healthcare data challenges and its impact using a blockchain based application that:
- Maintains the medical record of an individual as a single source of truth
- Builds an ecosystem of healthcare with providers, insurers, researchers, and patients for an exchange of medical data in a consistent and secure manner
- Employs a proven artificial intelligence engine that utilizes medical data to recommend personalized activities to improve health
- Offers token-based incentives to encourage participation in the health-focused community
- Motivates the developer community to build integrated applications within the ecosystem.
We would like to invite all of you to come to join the conversation in our telegram group
Check out our website here and go through our white paper
