NHCT ICO Review

Healthcare is the maintenance or improvement of health via the prevention, diagnosis, and treatment of disease, illness, injury, and other physical and mental impairments in human beings. Healthcare is delivered by health professionals in allied health fields. The healthcare system is undergoing significant change. The advent and widespread adoption of managed care has completely changed how health treatments are paid for. Rapid advances in technology and pharmacology have contributed to rising health care costs. While employed persons are still reasonably sure of having access to care, the poor and unemployed are not so lucky. The public health and mental health infrastructure is completely in crisis and no relief seems nearby. These significant changes in how health care is delivered have made life difficult for all. Here is the interesting thing I will be introducing you to NanoHealthCare a total health management platform that is built on the philosophy of preventive rather than reactive medical care. It uses blockchain to counter systemic and technological issues that plague healthcare of today like high costs, data fragmentation & data security. NHCT uses Blockchain to create a global, decentralized health & wellness ecosystem.

ABOUT NANOHEALTHCARE

NanoHealthCare Tokens (NHCT) is a health blockchain system developed by a professional team to create environmentally friendly ecosystems and provide benefits to users for health. NHCT provides broadness in decentralized health and fitness as developed using NanoHealth. NanoHealth is an application that is recommended for health capable of supporting a variety of personalized symptoms for non-communicable patients (NCDs) with high success rates for patients. This application also has the ability to provide useful information to each stakeholder.

Technology with an interesting concept that is combined with a Health Coach to help create health dashboard that can be used to map the health of an organization. NanoHealth provides action on AI recommendations for a healing that has risks. NanoHealth enables providing sustainable care within the scope of its users. The services provided by NanoHealth have very high benefits for its users, one of them with a complete network of health care providers in one package, ranging from physical and fitness. very potential in complete Total Health to guarantee diet and mental health for its users.

NanoHealth has 4 foundations on its blockchain system in this platform, each of which has its own interests to build or develop an NHCT ecosystem platform to be more efficient and comfortable for users.

Decentralized Storage

Medical data overall is very efficient and prone to losses that require strong protection with decentralized data storage will have high security.

Distributed Ledgers

Transaction services Standard data exchange with blockchain provides a high level of security and privacy, without friction through a distributed ledger.

Smart Contracts

Ethereum Blockchain integration supports smart contracting on the Nanohealth platform. able to provide transaction services without intermediaries.

Features

NHCT has an innovative 3-tier token architecture that incentivizes users to stay healthy and fit. Depending upon their involvement, users get either Wawa, Warma or NHCT, which can then be used to buy health services like gym etc. This creates a virtuous cycle for all the participants in the ecosystem.

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 exchange of medical data in a consistent and secure manner.
Employs a proven artificial intelligence engine that utilises medical data to recommend personalised 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.

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.

NHCT Ecosystem: Value Proposition

Personalize Healthcare for a user

Personalize Healthcare for an Individual
Incentivising users to be fit and healthy
Focussing on their Total Health
Giving AI based recommendations for preventive care

Effective and Efficient Health Systems

Making health systems more effective and efficient
Leveraging Health Coaches to drive continuous care
Enabling safe and secure health data storage
Creating verified data for personalized plans and research

Advantages:

The NHCT project is more than an idea as they have already been operating for past three years and have a significant user base with their app witnessing over 75,000 users over the past 3 years.
Their model has proper use of blockchain technology as it will very likely to charge up their entire business model and also provide it an edge over the competition.
The healthcare market is huge and the preventive healthcare remains largely unexplored. Bringing in technology at this level in the healthcare sector can make NHCT a leading enterprise.
The social capital that this model would earn cannot be underestimated as it is actually helping both the medical practitioners and those seeking their services.
They have already got recognition with the prestigious HULTZ prize and have raised $1 million back in 2014.

Token Flow