Blockchain in Healthcare.
A Revolution is Coming.
Blockchain is a new internet, distributed ledger technology that creates a single point of truth. It is more secure than centralized databases and impervious to hacking because of the encrytption technology and consensus algorythms. Here is a short video: Blockchain Explained by Optum.
Blockchain in Healthcare. A Revolution is Coming.The Crypto Valley Association is an independent, government-supported association established to take full advantage of Switzerland’s strengths to build the world’s leading blockchain and cryptographic technologies ecosystem.
Token Private Sale! December 7, 2019
Please be patient as we are making sure that all of our regulatory filings with the SEC and FINMA are compliant.
Secure Patient Identity Management.
Nimbus-T has a patented technology, Nimbus-Key System, which creates a global identifier then encrypted and output as a QR code. This new identity key manages your other identities securely and allows you to manage your healthcare data securely. Your Nimbus-Key allows you to access information by scanning the QR code or taping your phone or ID card using NFC in a touch free manner.
Digital ID Card
Printed or Mobile
Desktop Registration Kiosk
Quick and Accurate
Wall mounted Check-in
Just check in
The BlockchainDistributed Ledger Technology
Our Nimbus Key System Manages All Identities
Nimbus-T has a patent-pending technology, our Nimbus-Key System, which creates a global identifier then double encrypts and outputs it as a QR code. This is not a normal QR code, your identity information can’t be seen with normal QR code readers. Protection starts here. Furthermore, we place an identity band around it to not confuse it with normal QR codes.
This Nimbus-Key manages your other healthcare identities securely. Our technology can provide better authentication and fraud reduction. It can help prevent duplicate medical records, ensure proper patient record matching, ensure proper authentication for telehealth visits, prescriptions, medications, and lab tests.
The New Technology of the Blockchain
The advent of the largest identity breach, the Equifax intrusion, where 143 million identities were stolen, proved that no one can secure data on normal systems. The blockchain technology with its distributed ledger is now a major topic of discussion and it is hack proof.
IBM has this to say about identity and the blockchain.
Digital identity is critical to many business and social transactions. It enables ways to interact with billions of users in the digital world. However, traditional identity systems are costly, disjointed, fallible, and hindering innovation and greater customer experience.
The distributed trust model is a new way of managing identities. Blockchain technology empowers consumers to control their own identity and share between trusted entities with their consent. Also, no single institution can compromise a consumer’s identity.
Benefits of identity management on the Blockchain
- Convenience and simplified experience for accessing various services
- Improved privacy protection
- Greater control over personal data
- Reduced risk and cost of data breach
- Efficient compliance management and monitoring
- Rapid on-boarding and improved customer experience
- Standardized process
- Prompt auditing
- Increased efficiency in compliance control, monitoring and quality
Blockstack has raised $23 million USD in the first-ever token offering approved by the US Securities and Exchange Commission.
Factom, one of the earliest companies to pitch blockchains to enterprises, is participating in a U.S. government-funded trial of the technology to protect the national power grid.
Around a year ago, the notion of a crypto phone would have seemed like something out of a futuristic blog post, but it seems that this is no longer the case.
Info About Blockchain and more.
What is a Cryptocurrency?
In 2008 a white paper was written by a person or persons, named Satoshi Nakamoto, that revealed a new technology that created Bitcoin. This was the first cryptocurrency and has been working as a global method of sending digital currency peer-to-peer without a bank intermediary. The advantages were significant in that transactions happened very fast anywhere in the world, rather than days as in the banking system. Costs of transactions were very cheap. Security was significant in that transactions were anonymous, a person with a Bitcoin Digital Wallet and a “Public and Private Key” created through solid encryption were protected. The amount of Bitcoin to ever be produced was 21 million which meant that the currency would not be manipulated as in government issued “Fiat” or paper currencies which are regularly being printed causing a devaluation of that currency. Bitcoin was a new digital currency that would actually increase in value as the demand increased because there is only a limited supply.
What is Ethereum and Ether?
What is a distributed ledger?
What is an ICO or Initial Coin Offering?
An ICO or initial coin offering is actually a misnomer because it is really an ITO or initial token offering. The Ethereum platform allows for the creation of new currency in the form of tokens. The terminology is better referred to as a token sale. The price of the token is dependant upon the status of the technology to be rolled out or developed. Some tokens are a fraction of a cent while others much more. The price of the cryptocurrency is very volatile which is to be expected as these new companies grow. It is imperative that you as the investor be aware that the ICO is not an investment. You should not expect any returns at all and in-fact may lose all of your money.
Information is current as of January 16, 2018. Despite these warnings that are required by the SEC, it is apparent that many investors are purchasing these crypto-currencies and holding onto the tokens. Bitcoin has reached $12,000, Ether has reached $1,200 and a 2600% increase in the last 8 months. Our good friend David Siegel, CEO of 2030.io and the Pillar project raised approximately $20M and within 30 days their market cap is now almost $80M! a 400% increase in such a short time. So please, study the market and chose wisely. There are now over 1,000 crypto-currencies and a market cap of over $585 Billion (1/16/2018)! The volatility of cryptocurrencies is a tremendous and very high risk to participate. Check out Coin Market Cap as a research reference.
What is a Cryptocurrency Token?
Why are we doing a Token Sale?
In the United States, health insurance carriers are very inefficient in orchestrating healthcare payment transactions, there is a 45% loss due to excessive paperwork, oversight, and adjudication. In the future, we hope to introduce a new healthcare payment system that removes such inefficient intermediaries and provides a peer-to-peer secure transaction architecture.
The reason we are doing this ICO is to move healthcare to a new level of security and control, one that you are in charge of managing. Secure, efficient and easy.
Disclaimer Regarding a Token Sale.