Imagine a computer being able to diagnose you, based on your healthcare habits. Or a mobile application having all your health records and other related data, which could be accessed at any time.
Litra will help turn that imagination into reality. The aim of Litra is to employ the technology of blockchain to establish a complete digital healthcare platform. All the data of a patient will be recorded and uploaded to a central database, which could be accessed through their smartphones. It will even help analyze the person's day to day habits and gain a holistic insight in regard to the patient's physical health.
This technology will create a system that can analyze each patient uniquely and can accordingly provide them with a personalized diagnosis. It will even make it easier to change doctors as all of one's health care information could be easily shared at a short notice. This would even help with early diagnosis and intervention, which will in turn help in saving many lives.
Moreover, with the help of blockchain, payment transactions can be made transparent. The aspect of transparent transactions will definitely help in inculcating trust in health care services.
Various Benefits Offered by Litra
By using the various technologies, Litra can ensure safe and transparent transactions, a holistic and personalized diagnosis for each individual and a well-orchestrated system for care. It will bring about a technology that suits the patient and gives them the freedom to choose what they want and how they want it.
With the help of Electronic Health Records (EHRs), insights through analytics will enable faster anticipation and in the development of customized care plans for patients. The stigma of overpriced services will also be eradicated, with the help of blockchain. Every payment transaction can be tracked and will be recorded. Litra would be a shared network of data, without compromising security.
The ecosystem will be decentralized and provide technologies that both physician and consumers will value.
How It Works
The LitraCoin is backed by the Litecoin blockchain, ensuring that the transactions will be done in a fast and secure way. The use of EHR's will provide coordinated information between healthcare providers and Litra will be able to create a unified management system established on the blockchain.
It even plans on providing free electronic health records for each individual along with a mobile application. This will allow patients to control their data and keep a track of their wellbeing on the go, along with a transparent pharmaceutical perceptions process.
The decentralization of information would mean that they are verifiable, accessible, cheap and open. Information can even be crossed check with family history and a patient's habits while ensuring that it stays safe.
LitraCoin and ICO
LitraCoin is the digital currency that will be used by Litra for carrying out transactions. One could purchase health and wellness products and prescription drugs and other services with the help of LitraCoin.
With the help of the Litra blockchain, the ingenious team behind Litra has built a platform which is immutable, transparent and user-friendly. All transactions carried out will be stored here for future reference. This will help in securing the EHR's as well.
The aim behind the introduction of the LitraCoin is to obstruct the current $5.5 trillion US Healthcare industry.
To help raise funds for the project, Litra will have an ICO (Initial Coin Offering), that will take place throughout September. The coin will begin trading on October 30th, 2017. At the time of the ICO, a total of 29,999,997 LitraCoins will be released.
The funds raised through the ICO will be allocated in the following way: 20% for EHR individuals, 20% for healthcare providers, 30% for ICO investors, 10% for the Litra miners, 10% for the team behind Litra and the rest of the 10% will be reserved for future use.
Conclusion
With the growing expenses and unsatisfactory practices, patients and consumers of the healthcare industry feel like they need a better alternative. The current situation has left people with unsatisfactory views of the healthcare industry. Hence there is a dire need for a change in this ecosystem.
This ambitious platform will help in solving several problems that currently exist in the healthcare industry. It will definitely help in saving lives and hence shows a lot of promise. It is high time that the healthcare industry shifts to a more technologically equipped platform that will lead to progress and convenience, for both physicians and consumers.
Visit:
Website: www.litra.site
Whitepaper: http://www.litra.site/Litrawhitepaper.pdf
By Kishan Shah
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1027561