Health Nexus is a blockchain-oriented distributed system handling data transfer, payments, and storage specifically designed for Health Care. Because of the sensitive nature and requirements of healthcare, existing blockchain distributed systems are not adequate for healthcare. The goal of Health Nexus is to create a blockchain system that can pass the stringent requirements of healthcare by ensuring better data integrity, encryption, and by providing a validation system to ensure the miners running this network are compliant entities. Health Nexus uses a Distributed Hash Table combined with an Ethereum base Blockchain to provide, among many other features, an ability for frictionless data sharing and access to new revenue streams. This is accomplished via an upgrade to data integrity and security system and the addition of an executive governance system for node validation.
Healthcare is under major financial distress, particularly in the United States. Strongly contributing factors are the inability to efficiently share data, the lack of transparency, and therefore the lack of effective care coordination. However, healthcare in the United States, specifically, is experiencing an unprecedented opportunity through federal legislation to benefit from and embrace technology that reduces the friction around transparency and data sharing. Globally, other countries are also feeling the impact caused by the inefficiencies around poor care coordination. By allowing healthcare data to be securely shared in real time and for applications to be automated, healthcare costs can be significantly lowered by improving communication, data analytics, research, and ultimately, patient care. With steeply increasing healthcare costs, a secure solution for transparency and cost savings can have a massive impact on society.
Even after a whirlwind week, we aren't taking it easy this weekend! We're all moving to #Boston and you'll soon be seeing much more of the SVH team, our partners, developers, and advisers who are supporting our mission. Good things happen when you hustle #blockchainforsocialgood
Dinner in #PaloAlto with our presale contribute Parveen @activatedpanwar! Opportunities to connect with our strongest supporters is rejuvenating. He taught us to remember entrepreneurship is about #PAPER. Persistence, Authenticity, Passion, Empathy, Resiliency https://t.co/2ADCu0xkkT
Dinner in #PaloAlto with our presale contribute Parveen @activatedpanwar! Opportunities to connect with our strongest supporters is rejuvenating. He taught us to remember entrepreneurship is about #PAPER. Persistence, Authenticity, Passion, Empathy, Resiliency pic.twitter.com/2ADCu0xkkT— SimplyVital Health (@SimplyVitalHQ) May 25, 2018
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