Healthcoin uses blockchain technology to improve every aspect of preventative health for diabetes, heart disease and obesity. We aim to recast what “PHM” and “PHR” mean, and to revolutionize the way we incentivize and invest in prevention.
It’s 2016, and healthcare is not about data, and not about stand-alone solutions: it is about building platforms that link silos and spark collaboration. That is why we are building a ‘plug and play’ rewards and data analytics layer for prevention. It is an inch thick and thousands of miles wide; a global enabler of a new kind of prevention network that engages at every scale, from users and their friends to doctors to local communities and health plans to countries and international health organizations.
We are not a wellness app. ‘Wellness’ hasn’t panned out as hoped, but that is because it is only part of the solution. Instead, Healthcoin is an integration machine. We pull the now-separate prevention nodes — employers, plans, hospitals, life insurers, governments, wellness apps — into a network. That network trades in a market for rewarding proven prevention that includes long term “futures” contracts; it readily verifies when someone has successfully prevented their disease over their lifetime; it accesses data, at a glance, that can help them improve population preventative health; it builds shared, targeted programs, as in where a city, hospital and major employer collaborate to target the same zip code with a prevention program. It can even allow two cities, in different countries, to compete to see who can be the best at proven prevention.
What does Healthcoin do? It leverages everything that the blockchain excels at: openness, accessibility, tokenization, digitized certificates, protocols, scalability, trust, immutability, and encryption. Above all, though, it uses the blockchain not just as an ideal future state. Instead, Healthcoin uses aspects of the blockchain to deliberately drive adoption. Adoption is the thing we obsess about. Adoption happens when you give users, doctors and partners a reason to engage in a low-risk, incremental and self-reinforcing manner. We make it easy to join Healthcoin, and the more hop on board, the easier and more enticing it is to join.
Our social impact is important, our innovations are big and our scale is global; but it all starts at the scale of one — it starts with you.