Patientory Raises $1.5 Million in Financing to Launch Blockchain Health Data Wallet

It is reported that Patientory, a blockchain health data service company, has announced the completion of US $1.5 million financing, and Arlan Hamilton, Colorado Permanente Medical

Patientory Raises $1.5 Million in Financing to Launch Blockchain Health Data Wallet

It is reported that Patientory, a blockchain health data service company, has announced the completion of US $1.5 million financing, and Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis and the American Heart Association have participated in the investment. Patient launched an “intelligent” health data wallet application on Wednesday, allowing users to securely store their information. Its blockchain based and HIPAA compliant private medical data ecosystem can synchronize medical records and wearable device health data, allowing users to better control and track their own health status. (Axios)

Patientory, a blockchain health data wallet company, completed a $1.5 million financing

Introduction

Patientory, a blockchain health data service company, has announced the completion of US $1.5 million financing. This investment round was participated by a number of reputable organizations including Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis, and the American Heart Association. Patientory’s launch of an “intelligent” health data wallet application has also attracted attention, allowing users to securely store their information.

What is Patientory?

Patientory is a health data service company that uses blockchain technology. This technology ensures the security, privacy, and immutability of medical records and personal health data. Patientory’s HIPAA compliant private medical data ecosystem can synchronize medical records and wearable device health data, allowing users to better control and track their own health status. Patientory puts the patient in control of their data and enables them to share their data on a need-to-know basis.

The “Intelligent” Health Data Wallet Application

Patientory recently launched an “intelligent” health data wallet application that allows users to store their health information securely. Users can easily access their medical records such as prescriptions, test results, and doctor visits, as well as track their daily activities and their health metrics. The application is user friendly and easy to navigate.

Benefits of Using Patientory

Patients using Patientory can benefit greatly from the application. Here are some potential benefits that patients may experience:

Security and Privacy

Patientory’s blockchain-based technology ensures the security and privacy of health data. The platform uses encryption and a decentralized system, meaning that patient information is not stored in one central location, reducing chances of a data leak.

Accessibility

Patientory expands accessibility for users to all their medical records, including wearable device data. Patients can also securely share their data with their doctors on a need-to-know basis.

Convenience

Patients can easily access their health data without the need for multiple processes or papers. The platform is available through a mobile application, making it easy for patients to securely access and view their health information.

Personalized Healthcare

The application collects and stores data and allows patients to monitor their health and make better decisions about their wellbeing. Patients can use the data to set goals and achieve optimal health while also sharing the data with their doctor for more personalized healthcare.

Conclusion

Patientory’s launch of an “intelligent” health data wallet application provides a solution to the current fragmented state of medical data storage. This blockchain-based platform allows patients to safely and securely store, manage, and share their medical data. The service is particularly significant for patients with chronic conditions and comorbidity diseases who need to keep track of their health status. With the recent investment, Patientory is set to reach new levels in the healthcare industry.

FAQs

1. What is Patientory?
Patientory is a health data service company that uses blockchain technology to store, manage, and share medical records and personal health data with patients.
2. Why is Patientory’s technology significant?
Patientory’s blockchain-based technology is significant because it ensures the security, privacy, and immutability of medical records and personal health data.
3. How can Patientory benefit patients?
Patients can benefit greatly by using Patientory. Patients will enjoy increased security and privacy, accessibility, convenience, and personalized healthcare through Patientory’s blockchain-based technology.
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