NHCT (NanoHealthCareToken) is an upcoming Blockchain-powered ecosystem of Total Health that aims to raise $9 million hard cap by December 15, 2018, through the pre and main token sales route. The proceeds will be used towards perfecting and popularizing its existing healthcare app. The sale comes with a unique feature of guaranteed capital protection where large contributors (more than 100K USD) will get equity backing which provides safeguards for contribution.
The health management platform is built on the philosophy of preventive rather than reactive medical care. It uses blockchain to counter systemic issues that plague the healthcare of today like high costs, data fragmentation & data security. NanoHealth had won the prestigious HULT prize in 2014 which came along with seed funding of $1M. The team has been working on creating a global, decentralized health & wellness ecosystem since then.
NHCT.io is led by Manish Ranjan who is an Alumnus of IIT Bombay and ISB Hyderabad, who said “There are a lot of inefficiencies in the way healthcare is managed. The user data is not all in one place, is prone to security issues like hacking and above all the accuracy is a big challenge for both the payers and providers. Our idea is to gamify the entire system by using tokens. We incentivize users to stay healthy via tokens that can be redeemed to avail services like gym, wellness, lab tests among others; while payers and providers get the advantage of accurate data & lesser claims. We are trying to make the entire ecosystem efficient.”
NanoHealth has already touched 75,000 lives with coordinated, continuous care via “health coaches.” Health coaches are trained medical staff and are vital cogs in the NHCT wheel wherein they not only provide personalized care but also authenticate data and push for higher adherence rate amongst users.
Nagarjuna Vangala, CTO – NHCT who has a rich experience of more than two decades in managing enterprise-scale applications mentions:“Blockchain is a natural fit for what we are trying to achieve at NHCT. Its inherent security & decentralization is perfect for correcting what ails the healthcare of today. The idea is to give the control of data back to where it belongs: to the users.”
NHCT.io has launched its Token Generation Event (TGE) through 2 phases – pre-sale and main sale. There will be a total of 350 million tokens available for contributors.