NHCT ICO FOR ALL HUMAN GENERATION - BLOCKCHAIN POWERED ECOSYSTEM FO...

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A BRIEF INTRODUCTION: Health care 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 (providers or practitioners) in allied health fields. Physicians and physician associates are a part of these health professionals. Dentistry, midwifery, nursing, medicine, optometry, audiology, pharmacy, psychology, occupational therapy, physical therapy and other health professions are all part of healthcare. It includes work done in providing primary care, secondary care, and tertiary care, as well as in public health.

Access to health care may vary across countries, communities, and individuals, largely influenced by social and economic conditions as well as the health policies in place. Countries and jurisdictions have different policies and plans in relation to the personal and population-based health care goals within their societies. Healthcare systems are organizations established to meet the health needs of targeted populations. Their exact configuration varies between national and subnational entities. In some countries and jurisdictions, health care planning is distributed among market participants, whereas in others, planning occurs more centrally among governments or other coordinating bodies. In all cases, according to the World Health Organization (WHO), a well-functioning healthcare system requires a robust financing mechanism; a well-trained and adequately paid workforce; reliable information on which to base decisions and policies; and well maintained health facilities and logistics to deliver quality medicines and technologies.

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Healthcare can contribute to a significant part of a country's economy. In 2011, the healthcare industry consumed an average of 9.3 percent of the GDP or US$ 3,322 (PPP-adjusted) per capita across the 34 members of OECD countries. The US (17.7%, or US$ PPP 8,508), the Netherlands (11.9%, 5,099), France (11.6%, 4,118), Germany (11.3%, 4,495), Canada (11.2%, 5669), and Switzerland (11%, 5,634) were the top spenders, however life expectancy in total population at birth was highest in Switzerland (82.8 years), Japan and Italy (82.7), Spain and Iceland (82.4), France (82.2) and Australia (82.0), while OECD's average exceeds 80 years for the first time ever in 2011: 80.1 years, a gain of 10 years since 1970. The US (78.7 years) ranges only on place 26 among the 34 OECD member countries, but has the highest costs by far. All OECD countries have achieved universal (or almost universal) health coverage, except the US and Mexico. (see also international comparisons.)

Health care is conventionally regarded as an important determinant in promoting the general physical and mental health and well-being of people around the world. An example of this was the worldwide eradication of smallpox in 1980, declared by the WHO as the first disease in human history to be completely eliminated by deliberate health care interventions.

According to the purpose or fixed design of this article, Today! We will be discussing or analysing about a particular amazing project called: NHCT

WHAT IS NHCT STANDS FOR?

NHCT is 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. Introduction of a distributed ledger helps NHCT facilitate enhanced data protection, frictionless data exchange, data Integrity by the use of smart contracts and incentivized engagement using Tokens.

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.

A BRIEF DETAILS ABOUT NHCT

NHCT is a total health management platform that is built on the philosophy of preventive rather than reactive medical care. It uses blockchain to counter systemic issues that plague healthcare of today like high costs, data fragmentation & data security.

NHCT 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. Introduction of a distributed ledger helps NHCT facilitate enhanced data protection, frictionless data exchange, data Integrity by the use of smart contracts and incentivized engagement using Tokens. NanoHealth had won the prestigious HULT prize in 2014 and raised $1M seed funding. Recently, NHCT was shortlisted among the top 6 startups for the RICH Cancer Innovation Challenge in India.

TAKE A LOOK OF BRIEF EXPLANATION VIDEO OF NHCT PROJECT:

NHCT uses Blockchain to create a global, decentralized health & wellness ecosystem. Introduction of a distributed ledger helps NHCT facilitate:

Enhanced Data Protection
Frictionless Data Exchange
Data Integrity by the use of smart contracts
Incentivized Engagement using Tokens.

NHCT ECOSYSTEM

Users are motivated to adhere to schedule and focus on their health and well-being. For every positive action, they are rewarded with tokens.
Payersbenefit from reduced claims due to lower instances of health issues amongst the users.
Providerscan obtain high quality user generated data through tokenized subsidies.

NHCT TECHNICAL ARCHITECTURE

Hyperledger manages all different entities, their roles and proprietary algorithms for healthcare management & 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 TEAM AND ADVISORS BOARD