Emrify Health Passport

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Emrify Health Passport (HIT) ICO Review

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Emrify Health Passport is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico TimeUnknown – Unknown
Token NameEmrify Health Passport
Token SymbolHIT
WhitepaperView Whitepaper
Website LinkHome
Price1 HIT = 0.025 USD
PlatformEthereum
Soft Cap3,000,000 USD
Hard Cap10,000,000 USD

More about Emrify Health Passport (HIT) ICO:

Emrify is launching a decentralized Personal Health Record platform on top of the Ethereum public blockchain to deliver trusted health information to the right hands at the right time anywhere in the world. With years of building consumer engagement mobile apps, Emrify is laser focused on collecting and locking up data for each person for complete ownership and control to freely share their data. Our top priority is to create attractive cryptoeconomics models to incentivize health data sharing for all parties. With strategic US partnerships with hospitals and doctors, Emrify is building on top of established prototypes to accelerate the launch of production interfaces to firmly establish the Utility Token in healthcare.

Emrify is launching a decentralized Personal Health Record platform on top of the Ethereum public blockchain to deliver trusted health information to the right hands at the right time anywhere in the world. With years of building consumer engagement mobile apps, Emrify is laser focused on collecting and locking up data for each person for complete ownership and control to freely share their data. Our top priority is to create attractive cryptoeconomics models to incentivize health data sharing for all parties. With strategic US partnerships with hospitals and doctors, Emrify is building on top of established prototypes to accelerate the launch of production interfaces to firmly establish the Utility Token in healthcare.

Emrify is on an accelerated path to showcase the Utility Token model in healthcare. We have won awards and created functional prototypes. Emrify is based in the US in Nashville, TN, which is a healthcare hub. Emrify is focused on improving the User Interfaces to engage new patients and blockchain users. Emrify is established in healthcare with a live PHR mobile app and the best crowdsourced US pills database https://www.pillsync.com

Be the CEO of Your Health       

Emrify is the hub for electronic health records. It lets you sync, view, and share all of your health records on the mobile device in a secured, beautiful, and easy to understand interface. It’s free. It’s accurate. It improves health.

Users can aggregate all of their wearable devices data such as Fitbit and SDK such as HealthKit, and Google Fit to get a comprehensive view of their progress.

Users can immediately import their CCD (continuity of care document) accessible from any Patient Portal to begin managing their health records. CCD export is required by law and offered by most providers.

Emrify empowers you to share your health data with anyone you choose by maintaining records in a highly interoperable format compliant with standards such as HL7. Your health data is yours and you are free to do whatever you wish.

Emrify acts as a center for all of your health data to increase accessibility and communication between health systems.

Health Information in the Right Hands at the Right Time

Emrify ID provides healthcare professionals access to the associated Emrify Account where they can view vital health history and information. EMTs, First Responders and others in a case of emergency will be well informed as they begin care. Emrify ID also allows for patient history to be shared in non-emergency situations to replace the need for carrying files of paper records and forms.

  • – Over 60 Million Americans live with a condition that should be known in an emergency situation
  • – Every 14 seconds there is a car accident that results in injuries
  • – There are over 119 million Emergency visits a year in America and increasing

Motivation


Healthcare technology is broken. Whether it’s government based universal health coverage in Canada, UK, Germany, or private hospital systems in the US, health information technology currently in operation severely lags behind every single other industry in all facets of hardware and software architecture by at least a decade. Since the inception of the Electronic Medical Records (EMR), personal health information has been in a state of disarray that puts patient’s safety, security, and privacy at risk. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is more than 20 years old with no signs of updates in sight. Meanwhile, hospital and insurance systems are constantly under attacks making headlines news with millions of health records compromised. The latest of which is the largest in history WannaCry ransomware software that locked up thousands of computers in more than 150 countries.[1] To make matters worse, the vital health data that we pay hospitals and doctors lots of money to collect end up sitting in silos and fragmented across disparate systems. The problem is so bad that even EMRs from the same Electronic Health Record (EHR eg. Epic, Cerner) creator operating within a hospital cannot communicate and interoperate with each other. One major reason behind this was the introduction of the Health Information Technology for Economic and Clinical Health (HITECH) Act in 2009. Under the Act, the US Department of Health and Human Services is spending “as much as $36.5 billion in spending to create a nationwide network of electronic health records.”[2] This started a gold rush where EHR companies pop up overnight to create anything to sell to providers who would implement any EHR they could get at low costs quickly to take advantage of Meaningful Use incentives. Currently, there are roughly 1100 vendors that offer an EHR – twice the number of vendors 4 years ago.[3] This unfettered expansion of health information technology has created one of the worst disaster in the history of information technology for data interoperability. There is a strong case of double spending in healthcare that will catch fire faster than the case for finance. Duplicate tests such as blood test and MRI scans cost the healthcare industry billions every year. These unnecessary and expensive tests are wasteful, and they put the patient at risk. Prescription fraud also faces a similar problem. The US is currently entrenched in the worst opioid epidemic in history. Without a unified record, addicts have found a loophole to exploit the system by crossing state lines and country borders to get more doctors to prescribe. Today, we are witnessing a revolution in personal health record: the rise of personal generated health data with the person at the center. Within the next five to ten years, healthcare will be going through a major transformation that is led by the consumer. Disruption is coming to healthcare one way or another. The future clinic is at the home and in the hands of the patient. Combined with new care delivery services such as remote monitoring, telemedicine, doctor-on demand, and population health, a new platform must be created to coordinate health information exchange in an open, fluid, and secure manner anywhere in the world. Blockchain represents a pivotal moment to fix healthcare once and for all. The unique properties of the Ethereum network allows for the first time ever for data to be owned and controlled by an individual. On one hand, the consensus algorithm enables the decentralized mechanism of the ledger to distribute power back to the people. On the other hand, the best cryptography computer science has to offer can be used to secure an identity to protect privacy and security. Perhaps the time has finally come, the healthcare industry is jumping into blockchain with a level of interest unseen before. The stage is set for startups to offer new value propositions and disrupt the status quo. Whether it’s private or public blockchain, top executives are willing to listen for decentralized solutions to solve their pain points. The US healthcare industry is maxed out at 20% GDP. Everyone is working harder without more revenue. As the industry transitions into value based care, stakeholders have come to realize that improving continuity of care will cut costs while remaining relevant and competitive in the marketplace. This is the only way forward that will set a new path towards profit maximization with precision medicine and beyond. Regulations are on our side. Beginning in 2018, Meaningful Use Stage 3 becomes mandatory for all participants. One of the requirements includes increasing health information exchange to improve care coordination. This is the most promising sign yet from the federal government that could be a critical period for real changes. Decentralization offers the most promising path to mediate health information exchange between systems across the world. Anyone can start aggregating health data and instantly share it to any party with an identity using the digital token. The importance of trust and integrity of health data cannot be understated. Sensitive health information that could save your life is at stake. The data trails and bread crumbs can now be locked in a universal trusted database. Ultimately, healthcare is an information science challenge where evidence is based on big data and machine learning algorithms to cure diseases, prevent illnesses, and improve outcomes. This will only truly exist with the collaboration of the 7.5 billion plus people in the world. There’s much we don’t know. The answer lies in all of us. As we become more connected within the larger context of globalization, Emrify presents its vision for a new platform powered by the people and for the people. Join the revolution and be the CEO of your health. The time is now to fulfill the promise of the fantastic future of medicine.

Emrify’s Vision


Emrify has been innovating in the healthcare industry with the Personal Health Record (PHR), Drug Facts, and Clinical Trials mobile application with thousands of downloads and thousands of users on the platform. Emrify has also been busy pushing the boundaries at health hackathons with multiple wins to showcase new solutions. Emrify embraces emerging technology while maintaining a grounded deep understanding of the challenges at hand. As a company, Emrify is constantly searching for the cracks in the healthcare industry to solve the Holy Grail of problems of Interoperability. Emrify truly believes that blockchain is the mighty sword to slay the giant. The decentralized model has come to be the focal point for every stakeholder in the entire continuum of health services. More importantly, it has energized the people to demand more from their health providers. The following subsections will outline Emrify’s plan for launching an entirely new health record platform using the HIT token to build the ecosystem.

New HIT digital currency

The first step is to create a new cryptocurrency: Health Information Transfer or Health Information Token (HIT). The token is a utility token that will foster an economy around health data. Health information has strong network effects as more value is gained with more data for analysis. Emrify will establish the fundamental value of HIT for every health stakeholder and the consumers to participate and contribute to the ecosystem from day one.

Building an ecosystem

With the explosion of wearables and increasingly affordable genome sequencing, health data has gained the attention of every health stakeholder including providers, insurance, employers, researchers, government, and pharmaceuticals. In the past years, companies like IMS Health has been getting rich off your medical data by running matching algorithm to sell to big pharmaceuticals.[4] Currently, major players like IBM Watson and Google Verily project Baseline are prime examples of the rising value of big health data.[5] According to a recent survey, both clinicians and executives agree that patient generated data will be more useful than claims data in the next five years.[6] Last year, one of the winning paper submitted to the ONC

“Use of Blockchain in Health IT and Health-Related Research” Ideation Challenge highlights the significance of Patient- Reported Outcome Measures (PROM) over the last few years and discusses the issue of provenance in the transfer of data related to qualify of life, treatment adherence, and overall satisfaction [7]. The bottom line is that your health data are being collected and used whether you like it or not. This trend will continue to grow as everyone pushes for more access to higher quality data directly from more people who generate them. For the consumers, there is a breakdown of trust in health systems to protect their data as they want to free the data and gain more control. After the Ransomware attack, 68% of consumers said they would consider leaving their healthcare provider.[8] This has created an opportunity for personal health record to help consumers aggregate and manage their data. In fact, researchers have forecasted that 75% of adults will use a PHR by 2020.[9] In addition to security and privacy, personal health record has the potential to improve health outcomes. Here is a noteworthy example of a man using his own medical records to push doctors to remove a cancerous brain tumor the size of a tennis ball.[10] Here is a TED talk about the rise of the citizen scientists to push researchers to do the right thing.[11] The timing has never been better for a PHR platform to connect all sides to come together to bring healthcare towards the future. Emrify will use economic incentives to get everyone in one place to create and grow the ecosystem from day one. For stakeholders, Emrify will provide a trusted place to collect health data straight from the source of the consumer. This can alleviate big problems such as the $80 billion annual cost of insurance fraud by enhancing claims verifications. For the consumers, Emrify will empower them with tools to lock up their own data and the freedom to share and sell it on their own terms. Groups such as the quantified-self movement and biohackers will have more data to experiment with than ever before. As more people join, the network effect of Emrify Platform will grow to increase the value of the HIT currency and encourage more stakeholders and users to join.

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