NHCT is a total health management platform that is built on the philosophy of preventive rather than reactive medical care`. It uses blockchain to counter systemic and technological issues that plague healthcare of today like high costs, data fragmentation & data security. NHCT uses Blockchain to create a global, decentralized health & wellness ecosystem.
NHCT benefits all participants in the ecosystem. Users are motivated to adhere to schedule and focus on their health and well-being. For every positive action, they are rewarded with tokens. Payersbenefit from reduced claims due to lower instances of health issues amongst the users. Providerscan obtain high quality user generated data through tokenized subsidies.
Introduction of a distributed ledger helps NHCT facilitate enhanced data protection, frictionless data exchange, data Integrity by the use of smart contracts and incentivized engagement using Tokens.NanoHealth had won the prestigious HULT prize in 2014 and raised $1M seed funding. Recently, NHCT was shortlisted among the top 6 startups for the RICH Cancer Innovation Challenge in India.