CASE STUDY: PTOYMatrix A Healthcare Peer-to-Peer EMR Storage Network
In April 2023, Patientory CEO Chrissa McFarlane said that healthcare providers must be held to a higher standard compared to organizations in other industries. Her admonition came as no surprise, seeing that our health data went up for grabs among data brokers during the COVID-19 pandemic and the years following it. More than 1,700 purchasers from around the world bought 70 million PTOY tokens, the company’s cryptocurrency.
Mobile App (built on the blockchain)
- Combining cutting-edge technology, personalized coaching, and medication management.
- As a CCM & RPM Physician, you will oversee chronic disease management and remote patient monitoring, leveraging cutting-edge AI and blockchain technology to improve patient outcomes.
- In an age where healthcare data is often fragmented and inaccessible, Patientory is revolutionizing the landscape by providing a centralized platform that empowers patients and healthcare providers alike.
- Notably, the platform is already highly interoperable, allowing for seamless integration with other tools and facilitating data sharing among users, and we only expect the service to improve in the near future.
- Seamlessly integrate your health data using cutting-edge wearable tech and lab results to monitor your progress.
- These are well documented, with one of the most pressing problems being a lack of access to startup capital.
To wrap things up, we’ll offer a list of some of the pros and cons of the platform and give you a few words of advice on how you can get on board with the platform. The purchasers will be able to trade the PTOY tokens on the Bittrex, TokenMarket, HitBTC, ICObazaar and Liqui exchanges. StartUp Health is a global, entrepreneur-led company focusing on organizing and investing in new platforms, firms and projects. Need support managing cholesterol and lipid levels through comprehensive monitoring. Focus on sustainable habits that boost your cardiovascular health, energy levels, and overall well-being. Moreover, most information providers often are reluctant to share the data as they fear that the information being shared might give others a competitive edge.
Support
One of the core goals of the platform is to make accessing patientory roadmap healthcare data intuitive and straightforward on all levels, accommodating the needs of patients, doctors, and health providers all at once. PTOYMatrix is blockchain powered health information exchange (HIE) platform that uncovers the true value of interoperability and cybersecurity. This system intends to eliminate the friction and costs of current third-party intermediaries when considering population health management.
Want to improve blood pressure control and overall heart health with professional guidance. Take control of your cardiovascular health with Patientory’s all-inclusive Heart Health Program. Combining cutting-edge technology, personalized coaching, and medication management. Cross-institutional sharing of this critical patient information allows the care providers to avoid usual medication errors which result in decreased duplicate testing. Blockchain technology is effective to track and timestamp all the activities related to the Health Information Data and provides an immutable audit trail whilst ensuring the updated version of the record is put to use.
The Patientory Association, a global nonprofit healthcare member organization facilitates the adoption of emerging technologies in the healthcare industry. Such standards are necessary for interoperability and audibility and for transparency purposes. The Patientory Association, a global nonprofit healthcare member organization, facilitates the adoption of emerging technologies in the healthcare industry. Currently, the foundation connects healthcare industry adopters of the PTOYMatrix blockchain network which comprise the PTOYMatrix consortium.
Medicalchain
Notably, the platform is already highly interoperable, allowing for seamless integration with other tools and facilitating data sharing among users, and we only expect the service to improve in the near future. The value proposition of PTOY is intrinsically tied to the success and adoption of the Patientory platform. As more healthcare providers, patients, and stakeholders join the network, the demand for PTOY is likely to increase. This demand is driven by the need for secure data management, efficient transaction processing, and access to advanced healthcare services.
- With a unique data wallet system and a comprehensive analytics platform, Patientory is bridging the gap between patients, healthcare providers, and pharmaceutical companies, ensuring that everyone benefits from a more connected and efficient healthcare ecosystem.
- Patientory is more than a reliable solution for introducing blockchain technology to health data and analytics, which the steady user growth in eight years since its release has shown.
- Patientory laid out a roadmap of milestones that it will accomplish using the funds raised from the sale of the tokens.
Patientory is the brainchild of its African-American founder and CEO Chrissa McFarlane, who foresaw blockchain’s disruptive potential in the healthcare industry as early as 2011, a time when Bitcoin itself was still in its infancy. As mentioned earlier, Patientory uses blockchain technology not only to ensure digital safety but also as a way to monetize information, and it all revolves around the native PTOYMatrix network token — $PTOY. Another argument, however, is the similarities Patientory shares with existing electronic medical record (EMR) systems, namely its features that allow the user to create a personalized profile with their complete medical history. These similarities make switching to a blockchain-based solution easier and more attractive in itself, while the extra cybersecurity is merely an extra touch, a digital cherry on top.
Understanding the tokenomics of PTOY provides valuable insights into its role within the Patientory ecosystem and its potential impact on the healthcare industry. By focusing on security, privacy, and interoperability, Patientory aims to transform how healthcare data is managed and shared. As the platform grows, PTOY will play a pivotal role in driving this transformation, offering a secure, efficient, and decentralized solution for healthcare data management. This is the basis of Patientory’s smart health data wallet application, which allows users to securely store their health data on its specialized blockchain network, PTOYMatrix. The HIPAA-compliant Patientory app enables health data, including medical records and wearable fitness device data, to be synced across its blockchain and accessed by users at any time they wish.
A patient-centered protocol supported by blockchain technology, patientory direct the healthcare stakeholders to manage electronic medical data and interact with clinical care teams. McFarlane founded Patientory back in 2015 and the launch of its app underscores an incredible achievement. Traditionally, sharing healthcare data has been seen as a major challenge that prohibited innovation in the industry.
The PTOYMatrix blockchain network securely stores and manages health information in real time, and such storage and management is facilitated by a blockchain based token (called “PTOY”). PTOY Token is the native cryptocurrency of Patientory, a decentralized platform focused on improving healthcare data management. Patientory aims to enhance the security, privacy, and interoperability of healthcare information through blockchain technology. By leveraging a decentralized network, Patientory provides a secure, transparent, and efficient way to manage patient data, thus transforming the healthcare industry.