Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HealthCare Meets BlockChain
by
TOKENSUMMIT.IO
on 10/04/2018, 02:43:43 UTC
There are already many medical projects on the market, the Patientory are already on the market for almost a year, and they have an application. What are you better than other projects?

We are differentiated in 3 ways:

1. We are the only solution offer Personal Health, Pharmacy and Insurance  records on a single platform
2. We are non-profit, open source organization
3. Developers can develop the applications and execute smart contracts using our SEHR tokens.

Thank you!

Glad to see a non-profit coming to action. That is a smart move because I think normal users would trust the service knowing the data is not centralized or not governed by a closed entity. Let us see how this progresses.



I may have misunderstood, but what exactly it mean by non-profit organisation? I mean if organisation is not getting any profit then how or what benefits token holder will get?

Also, if it's a non-profit organisation, does this essentially make it almost a 'charity' as such.... Friendly community ?

I would like to know how the profit is going to maintain profitability with it being a non-profit organisation and how will they continue to run the business?

I will catch up on whitepaper later

Please note bitcoin.org, ethereum.org are non-profit, but very successful organization.    Our financial sustainability depends on following:

    1. Contribution and support by the community members
    2. Token reserves by The foundation
    3. Market liquidity using Bancor.network which SSOT Health and Bancor  

Our focus is on PRODUCT, PRODUCT, PRODUCT!!! Hoping a quality product will help us achieve sustainable revenue through the mentioned avenues.


It totally makes sense; We see how ethereum is doing and many other non-profit organizations. I am just curious though; how are you planning to utilize the tokens reserved? you will be liquidating as needed and when needed or use it for trade?

Reserved token will be used as below:

  1. Developers in the community will be incentivized with tokens  as they contributing to the product development
  2. Patients / Individual will be incentivized with tokens when they download Secured Personal Health Records (www.ssothealth.org/solutions) SPHR. Also, they will be incentivized when they ready to sell their data anonymous data
  3. Incentivise with tokens for rural and community hospitals which are, financially struggling, tire need financial help. Hoping their adoption to the Blockchain technology powered SSOT Health will  improve their cash flow.