One of the biggest problems that the healthcare industry experiences today is interoperability. The unique features of the blockchain have made the healthcare industry a principal point for distributed ledger innovation, but not all of these platforms are mainly focused on making it simpler for patients to obtain more control over their medical data.
A new blockchain based platform is striving to build a global healthcare platform that converged on decreasing clinical and IT systems and administrative charges. Solve.Care gives solutions to consumers, clients, and the healthcare community as a whole.
What is Solve.Care?
Solve.Care is known as a decentralized and distributed platform for the management of healthcare and benefits programs. This protocol is based on entity pair relationships connected to a smart contract on the Blockchain. All related events are documented and coordinated and then transferred to the right party, accurately when required.
The key components of the platform merge to render a highly innovative approach to governing care and benefits by having all parties in sync, without the necessity for a centralized record keeper.
How does it work?
Many healthcare apps in development are executed utilizing the blockchain technology but Solve.Care leads in the market with its unique program to a blockchain healthcare platform.
They are giving a single-purpose app for users to download, and it provides a comprehensive administrative platform which offers healthcare providers a unique chance to create their own ‘Care Administration Networks.’ It also enables providers to connect and synchronize their participants, execute instant payments inside the network, and give information directly to reduce fraud.
Solve.Care platform design is intended to protect the security and privacy of users and patients information, while also developing access and accountability.
Also, Healthcare stakeholders can use the Care.Wallet app and Care.Cards.
Care.Marketplace is the project’s app store for healthcare. They could show up ‘intelligently’ based on what they know about a user’s healthcare. Card application developers or owners will be capable of generating revenues from published cards, whether from a charge for one-time downloads or from periodic subscription fees. All fees will be resolved in SOLVE tokens.
The team is very eager about the possibilities for Care.Marketplace and believe it could become the ‘go-to’ place for intelligent, consistent and interactive healthcare management.
It’s an automatic interface that places users in charge of all interactions, directly, quickly and at the touch of a button. Care.Wallets facilitate peer-to-peer transactions.
The Token Economy
There are two tokens in the application on the Solve.Care platform, each having different functionalities:
It is the intelligent healthcare stable payment currency distributed by payers such as insurance businesses. The financial reserves of the issuer support it, can be designated in any currency, has no fixed supply and is not publicly exchanged.
SOLVE is the native utility token needed to participate in and transact on the platform. SOLVE is an ERC20 token on the Ethereum Network. Token supply is fixed and the price variable, as defined by market supply and demand.
The Team Behind Solve.Care
Solve.care team is composed of more than 60 dedicated experts, covering all perspectives of technology advancement, business development, marketing, compliance and (lean) Administration. They are expanding rapidly and are actively recruiting new talented individuals, to help guarantee that they can satisfy the incredible demand they see for their solutions:
Pradeep Goel (Chief Executive Officer)
Pradeep has extensive expertise in health and human services, finance and technology. He has been in the CEO, COO, CIO and CTO roles at several innovative technology firms, for more than 25 years.
Vadym Vorobiov (Chief Technology Officer)
Vadym’s main focus has been to present products and solutions which bring value to clients and individuals. Vadym gave more than a decade in the Health and Human Services sector structure and deploying enterprise systems for government and commercial organizations.
Solve.Care’s programs for accessing the markets of China, Hong Kong, Singapore, and South Korea is a part of the plan that comprises bringing care coordination and disease management solutions to consumers and business clients in Asia, supplemented with important opportunities for enhancing healthcare results for patients.
SOLVE token is accessible on KuCoin and Bittrex digital token trading platform. The token’s popularity has increased because of Solve.Care’s prior achievements in the US healthcare market. The company has delivered the Care.Wallet for Physician application with the set Provider Rewards Program for one of the biggest accountable care organizations in the US, Arizona Care Network. The value-based payments inside the Network of 5,500 providers are proceeding with the healthcare digital currency Care.Coin, consequently causing the currency “the first digital asset to ever be used inside the industry like never before.
The Iryo Network is a blockchain based technology which specializes in global repository of open electronic healthcare record data. Few people are ready to provide data to Google electronic healthcare record type of services where all of the medical data is shamelessly used for reaping commercial benefits out of people’s health condition. Iryo on the other hand has decided to give up its access to plain data. Iryo perceives the medical data it holds as a “toxic asset”, because Iryo believe that holding too much data in one place presents them with a liability risk.
To avoid this mishap, Iryo has found itself with a solution. That is the zero-knowledge data storage. Zero-knowledge data storage is resistant to all attacks, including the latest inside attacks. Now how does Iryo become so tough? Iryo protects its data by encrypting them on their user’s mobile devices with a public key.
A private decryption key remains on the patient’s/user’s device. Whenever someone wants to access patient data the patient has to approve their access hence making the process foolproof. The patient has to decrypt the data using Iryo electronic healthcare record app so that another pair of eyes can browse through his personal healthcare details. This gives a re-encryption key to the doctor’s public key.
The company has Vasja Bosko at the helm as their chief executive officer. He has experience in offering hi tech digital solution. He has worked in many key positions in companies like bitstamp, 3fs and unicredit.He has a passion towards crypto and blockchain technology. Dominic Nidat is the chief chief technology officer and Peter Kulrat is the head of the strategic development of this company. Other key members are Domen Savič, Črt Vavroš, Alberto Malave, and Andrej Mihelič.
Iryo Network Roadmap
The Iryo Network has announced their plans till two thousand twenty. Their preliminary research began in two thousand fifteen; Iryo had their seed in two thousand sixteen, and a fully fledged development in two thousand seventeen. They will have their first ICO Production Grade Implementation in two thousand eighteen, Iryo and its products will be released in the year two thousand nineteen, and iryo aims its network expansion to begin in the year two thousand twenty. They have started implementing their plans and have laid their ground work. They are trying to establish common network between the medical systems across the globe so that the data can be accessed from anywhere by anyone. The pilot project is going nice and well. A lot of improvements are expected in the coming years. There will be the integration of the interoperable integrated health records powered by the blockchain technology with zero-knowledge storage.
Before going into the details it is important to understand that through the creation of a unified health record system, patients all over the world will have secure access to their private health records, as well as the chance to share them with professionals anywhere only with the click of a button. Open electronic healthcare record features the interoperability of medical records to everyone irrespective of a person’s location or financial background. The platform has been coded in such a way that it has used the latest language called the go. It has given iryo the power to remain robust yet easily scalable, hence making it more adoptable. One of the other main attractions on Iryo’s working is its use of the digital licenses that helps in providing digital scalability in accordance to the time. When we look close we can see that Iryo makes use of an API called the swagger. The swagger allows Iryo to have many benefits such as faster transaction speed, affordable processing and transaction fees etc. Another major advantage of Iryo is that the entire codec used for this platform is available for free in the internet.
The Iryo Token
These tokens are used in the Iryo platform that is designed to be used as the gateway by the clinics, patients, and researchers. The Iryo coin makes everybody a part of this network. The tokens also do the job of promoting the privacy of the patients even when their data are used for research. The token will be in a utility style.
Iryo is the first participatory, blockchain driven healthcare network built on decentralizing access to medical data. We’re driving the next generation of healthcare by standardizing health-data, employing zero-knowledge encryption and powering medical AI & Big Data research. The major advantages of Iryo are as follows. High-level zero-knowledge encryption makes medical data useless to hackers and attackers all overe the world making the data of the users much safer. Multi layer Permissions are needed to gain access and the access control enables secure exchange of sensitive medical data. With the kind of team and the advisors they have, and with the investors backing them up, Iryo seems to have a very good future ahead.