The latest cryptocurrency project seeking to introduce blockchain technology to healthcare is BurstIQ, which has been handling sensitive health data since 2015. In its first year of operations, it handled over 25 million bits of data. BurstIQ aims to make data accessible on its blockchain ledger while complying with privacy regulations.
Above all, BurstIQ wants to empower people and improve healthcare. The project aims to provide a user-friendly and secure interface so that users can access their health data. Importantly, doctors and health professionals will be able to view a patient’s history to more effectively treat the patient. Though BurstIQ will create an easy to use platform, security will be paramount to protect users and abide by health regulations such as the Health Insurance Portability and Accountability Act (HIPAA).
BurstIQ also wants to expand access to healthcare. Healthcare providers will be able to connect with users who meet certain criteria based on their LifeGraph profiles to offer products and services. By connecting users with providers based on their LifeGraph profiles, users of the platform potentially will receive healthcare tailored to their needs. By applying machine learning to enable patients to receive optimal care, a new era in healthcare will be ushered in, which Burst IQ refers to as the “Health Singularity.”
The blockchain platform will also enable researchers to find the patients that they need to conduct studies and make important discoveries. By connecting researchers and patients, BurstIQ can serve as a vehicle for bringing about important medical advancements that will enhance the lives of participants and society generally. Moreover, the platform may help lower the cost of conducting research, thus bringing greater incentive to finding cures for illnesses.
Users of the platform will be empowered to decide who can access their data and when. The platform will allow users to sell or donate their data, and researchers and companies to purchase it. Thus, users will have full control over the access of their own data, which is key to building trust and abiding by healthcare regulations. The token used for making transactions on the platform is the BIQ token, which as an ERC20 compatible token runs on the Ethereum protocol and can be stored with many popular Ethereum wallets.
*I am receiving BurstIQ tokens for the growth of the community.
To find more information about BurstIQ:
Token Crowdsale: https://biq.burstiq.com/
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=2097319.0