Emrify launched a decentralized Personal Health Records platform over the Ethereum public blockchain to deliver trusted health information to the right hand at the right time anywhere in the world. With years of building mobile apps of consumer engagement, Emrify focuses on collecting and locking data for everyone for ownership and full control to share their data freely. Our main priority is to create an interesting cryptoeconomics model to provide incentives for the sharing of health data for all concerned. With a strategic US partnership with hospitals and doctors, Emrify builds upon a pre-defined prototype to accelerate the launch of the production interface to explicitly establish Utility Tokens in health care. Join the revolution and become your healthcare CEO.

All Emrify

Emrify has been innovating in the health care industry with Personal Health Record (PHR), Drug Facts, and Clinical Test mobile apps with thousands of downloads and thousands of users on the platform. Emrify has also been busy pushing the boundaries in health hackathon with several wins to showcase new solutions. Emrify embraces emerging technologies while maintaining an in-depth understanding of the challenges at hand. As a company, Emrify continues to seek a gap in the health care industry to solve the Sacred Grail of Interoperability issues. Emrify really believes that blockchain is a great sword to kill the giant. The decentralization model has become a focal point for every stakeholder in the entire range of health services. More importantly, it has energized people to demand more from their healthcare providers. The following subsections will outline the Emrify Plan for launching an entirely new health record platform using HIT tokens to create ecosystems.

New digital HIT currency

The first step is to create a new cryptocurrency: Transfer of Health Information or Health Token Information (HIT). Token is a utility token that will grow the economy around the health of the data. Health information has a strong network effect because more values are obtained with more data analysis. Emrify will establish the fundamental value of HIT for every health and consumer stakeholder to participate and contribute to the ecosystem from day one.

Build an ecosystem

With the explosion of wearable products and an affordable sequencing of genomes, health data gets the attention of every health stakeholder including providers, insurers, employers, researchers, government, and pharmaceuticals. In recent years, companies like IMS Health have become rich from your medical data by running matching algorithms to sell to big pharmaceuticals. [4] Currently, major players such as IBM Watson and Google Verily project Baseline are prime examples of the growing value of large health data. [5] According to recent surveys, both physicians and executives agree that patient-generated data will be more useful than claims data within the next five years. [6] Last year, one of the winning papers was sent to ONC

Aim

Emrify introduces an open source cryptographic token called HIT. HIT will be the unit for all transactions in the ecosystem. HIT will serve as the basis of interoperability with another digital cryptocurrency. Similarly, HIT units can be replaced and transferred with trading capabilities on cryptocurrency exchange.

HIT is a valuable utility token for consumers and stakeholders for use in everyday services. For buyers of health data, HIT represents a fee to pay for network costs and pay users for its data. For consumers, HIT has the value to pay transaction fees for sharing data to transfer and access medical records when necessary such as for school vaccinations, for work purposes, for law matters, for personal use, for family related health records, and for dapp parties third.

Health Miner

networks such as Bitcoin miners. Users will never have to pay a fee to collect data from all sources for storage on the network. Users will have the power to set their own prices and compare market prices. On the other hand, anyone can become a health buyer. As a market, buyers will have the option to set prices and bounties for certain data types and health conditions. In the first, the wearable data from Fitbit, smart scales, blood pressure, sleep tracker, glucose meter, and other devices will be synchronized by the user for sale. The reason is that these sources can be validated through API services. As more companies and healthcare providers are validated, more data such as lab results, scans, prescriptions, and complete medical records can be sold by the user. Collectively, health miners can shift the focus of health care to rotating individuals by offering the industry the highest quality healthcare data available.

HIT token allocation

To finance the HIT roadmap to the disturbance, Emrify will make the event tokens to distribute 1 billion HIT units. 40% of the 1 billion (400 million) HIT will be available for crowdsale. Each HIT will be rewarded 0.025 cents per HIT to raise a total of $ 10 million. At the end of the sale, HIT is distributed will constitute the whole of the available liquid supply. HIT Division is:

20% of the 1 billion (200 million) HIT will be allocated to the founding members of Emrify Labs, advisors, core teams, and early employees are all subject to long-term gains. In return, Emrify will mobilize resources to integrate HIT cryptocurrency and go to the market 30% of 1 billion (300 million) HIT will be under the supervision of Emrify Labs and become strategically used to grow the ecosystem to reward early users and strategic partners participate in networks including health stakeholders, dapps, and third-party developers 1 0% of 1 billion (100 million) HIT will be provided to foundations to have resources for development and attract employees for growth. The unused HITs will be attached above 30% to adopt the fuel as this is the most important goal

Utility Token

At Emrify, we believe that the tokenisasi of health information is a golden opportunity to risk the blockchain network to interfere with health care. [31] We strongly believe that Health Utility Tokens are innovative mechanisms that really deserve to be examined carefully under the law. Given the circumstances, the state of Wyoming in the US has passed a law that provides flexibility for token utilities to be developed further. While there is still uncertainty under federal guidance, Wyoming provides the original blockchain startup as a starting point to start a conversation just as we all explore the promise of this new technology. We have built a prototype to demonstrate how HITs are used to exchange health information. Our goal is to have HIT transfers working in production as soon as possible. We look forward to working with the State of Wyoming and the SEC to generate their confidence to continue pushing forward the blockchain to change health care.