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HealthLedger – Blockchain-Based Electronic Health Record Exchange Platform

HealthLedger is working to revolutionize the way healthcare operates at the ground level by using the HyperLedger framework to secure health records.

The post HealthLedger – Blockchain-Based Electronic Health Record Exchange Platform appeared first on Blockchain Healthcare Review.

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HealthLedger is working to revolutionize the way healthcare operates at the ground level. Traditionally, healthcare has remained expensive because many operational costs are redundant. Questionnaires filled out for each clinic, charts reviewed and tests re-ordered, and that’s just the icing on the cake.

Blockchain technology can do more than just save everyone money, it can also help prevent improper access to health records via blockchain rights management. Time is money, right? Well, blockchain can even save time spent faxing, scanning, and sending documents. Think of blockchain like a filing cabinet—except every office that is connected has all of the files simultaneously.

HealthLedger uses the HyperLedger framework to place health records on the blockchain. By working with a pre-established framework, the team behind HealthLedger has access to solutions developed by an open-source coding community. They can adapt others’ work to suit their needs without fighting over who owns what.

They will upload records to a permissioned blockchain that is shared with clinics in their network worldwide. Currently, medical practices have to record information from patients, obtain new patient paperwork, carry out any tests they don’t have a record for, and much more.

With a solution like HealthLedger, however, clinics, hospitals, and doctors can all share information more quickly, easily, and safely. They simply upload patient files to the blockchain and other offices will have access to the records at will, so long as they have been granted access.

What can it change?

Emerging technology is always promised as a cure-all for the world’s issues. The real trouble with changing the world is under-promising and over-delivering so that people consistently know you will follow-through. Blockchain can help with many issues in healthcare, but it will not fix everything wrong with the industry.

Issues HealthLedger may be able to solve:

  • Data security
  • Time efficiency
  • Data errors
  • Customer Experience (HIPAA constraints on phone-based lab result delivery)
  • High cost of operations (and thus treatment)
  • Paper waste

How can HealthLedger solve them?

  • Data security is improved by putting information in a shared database with very specific permissions, limited access, and other controls like MAC Address whitelisting can be implemented as well.
  • Time efficiency is improved by sharing files into a common set of locations, so other offices have access to them readily.
  • Data errors are reduced by allowing physicians and technicians to focus more on their tasks at hand than worrying about filing the charts and results away.
  • Patients no longer have to come into the office to retrieve their lab results or other test results. The information can be shared securely using a blockchain-based decentralized application (dApp).
  • Operational costs can be reduced through time savings and increased work efficiency, which should result in cheaper costs of medical visits.
  • Paper waste can be lessened by taking notes on tablets and PCs, then uploading them directly to the blockchain.

How might it impact the consumer experience?

Consumers may experience lower costs for their treatment, shorter visits to medical offices. Customers struggle against expensive medical visits and lengthy questionnaires—not to mention long lines in busier cities—everytime they need to get a check-up or need assistance.

What services do they currently have in the works?

HealthLedger does not seem to have a publicly available GitHub repository. There are two other projects, one is developing a blockchain-based system for tracking organ donations, preventing medical abuse of incapacitated patients, and preventing organ trafficking. The HealthLedger project in question, however, is working to put all health-based records on the blockchain.

If you’d like to know more about HealthLedger, you can view their website. They do not have a public whitepaper, yellowpaper (technical document), or business plan at this time.

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Source: https://blockchainhealthcarereview.com/healthledger-blockchain-based-electronic-health-record-exchange-platform/?utm_source=rss&utm_medium=rss&utm_campaign=healthledger-blockchain-based-electronic-health-record-exchange-platform

Blockchain

Bitcoin dominance is an irrelevant metric unless…

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The volatile cryptocurrency market has given way to multiple metrics for the market observers to analyze and predict what’s coming next. One such metric has been Bitcoin dominance, but as per Su Zhu, it should not be relevant to you unless you are a billionaire.

How so?

The CEO of Three Arrows Capital opined this after noticing the trend of the newcomers avoiding Bitcoin and Ethereum and opting for risky crypto tokens. When the largest digital asset was stuck in a wider correction period, altcoins like Dogecoin [DOGE] grabbed much attention. This was possible due to the hype created by Tesla CEO or, self-proclaimed “doge-father,” Elon Musk and the Doge community.

However, understanding the newcomers’ enthusiasm Zhu opined that if he were to bet on projects now, he would choose Solana and Avalanche.

Despite the popularity of altcoins, the exec remained bullish on Bitcoin and Ethereum as he expected, the former to flip gold’s market cap, and the latter to eventually hit a value above $25,000. Bold predictions, but nothing we haven’t heard before.

However, newcomers were more bothered about the dominance metric but as data suggested, Bitcoin dominance has recently been falling. The dominance was hit earlier but recovered to form a peak at 49.25% on 30th July. But given the correction phase that followed, the dominance of BTC fell and was last noted to be at 40% on 10th September.

It is interesting to note that despite plenty of adoption related news such as that of El Salvador, coming in over the past few weeks, it looks like the dominance has remained unaffected by it.

Source: CoinMarketCap

Twitter user and crypto enthusiast, @HsakaTrades also noted that Bitcoin dominance was not a relevant metric for anyone who has a “sub mid 9fig portfolio]. Agreeing with Hasaka, Zhu added,

“To clarify, if you’re holding for 5+ yrs, you shouldn’t be thinking about btc dominance in the first place. And obv btc and eth have a strong place in that portfolio.

If you’re allocating actively atm, and think debating btc v eth v alts is a good framework, you’re ngmi.”

While this advice could stand true for experiences, long-term trader interested in making money, but not the ones looking out to invest in tech. This was especially highlighted in the comments wherein the crypto users were upset about the CEO’s Solana [SOL] recommendation that recently witnessed an outage.

Nevertheless, the trading advice and strategies differd from trader to trader and Zhu’s opinion to not focus on the BTC dominance, prebably stemmed from a hodlers perspective. While interesting projects were now erupting in the crypto space, it looks like Bitcoin’s dominance, not only in terms of price, but as a crypto project could be challenge.

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Source: https://ambcrypto.com/bitcoin-dominance-irrelevant-for-anyone-not-10figs

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Blockchain

Millions of Dollars Raised Through Solana’s DeFi Projects

Millions of Dollars Raised Through Solana's DeFi Projects

PAI, an algorithmic stablecoin, backs Parrot Protocol. Grape Protocol was the primary source of the downtime. Solana has been up

The post has appeared first on thenewscrypto.com

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  • PAI, an algorithmic stablecoin, backs Parrot Protocol.
  • Grape Protocol was the primary source of the downtime.

Solana has been up nearly 3200% since August. Investors’ interest in Ethereum rival systems featuring DeFi, NFT, and smart contract services has risen dramatically.

The software applications that simulate legal contracts are smart contracts. Once housed on a blockchain network, the software application will run automatically without human intervention.

This month, Solana’s DeFi initiatives raised millions of dollars. This is another proof of Solana’s potential to compete with Ethereum. Currently, Ethereum has the most DeFi and NFT projects.

Bots raced to invest in a token sale for Grape Protocol over flooded the blockchain, causing Solana to collapse for 17 hours on Tuesday. Let us take a look at the few IDO that helped raise millions.

Grape Protocol

Grape Protocol, the primary source of the downtime, managed to raise just $600,000 on Raydium’s “Acceleraytor.”

Tokenized communities may use Grape Network to connect to platforms like Discord, Telegram, and soon twitter to collaborate over Solana and reward members with crypto.

Parrot Protocol

Parrot Protocol is based on Solana. Investors in the Initial DEX offering included Sino Global Capital, Alameda Research, and QTUM VC. Moreover, to put it simply, Parrot is a non-custodial lending platform and decentralized exchange.

PAI, an algorithmic stablecoin, backs Parrot. Furthermore, Parrot offered a governance token called PRT in its IDO. Thus, allowing investors to vote on the protocol’s operation and farm yields on Solana without affecting other Layer 1 blockchains.

Solana’s failure impacted Parrot’s IDO, but it was resolved by Sept. 16. Moreover, the team said it would start working on PRT staking, NFTs, and adjustable interest rates in “Letter from the Parrot.”

Several Solana initiatives will be launched in the next day’s/weeks. Examples include Solanium, Boca Chica, and Solstarter. On Solanium, whitelisted users may buy MatrixETF.

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Source: https://thenewscrypto.com/millions-of-dollars-raised-through-solanas-defi-projects/

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Cosmos (ATOM) Lead Market-Wide Rally

Cosmos (ATOM) Lead Market-Wide Rally

Cosmos’ creators call it an “internet of blockchains.” ATOM also launched a bridge to Ethereum at the end of August.

The post has appeared first on thenewscrypto.com

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  • Cosmos’ creators call it an “internet of blockchains.”
  • ATOM also launched a bridge to Ethereum at the end of August.

Cosmos (ATOM) blew up 10.74 percent overnight to establish a new price of $39.58, according to CoinMarketCap. It surpassed $40 yesterday, reaching $40.76. Despite today’s minor decline, Cosmos’ price was still ten dollars more than seven days ago, and twenty dollars higher than this time last month.

Its creators call it an “internet of blockchains.” It’s an interoperability network that allows various blockchains to connect, exchange data, and interact with one another.

In short, Cosmos claims to address some of the “hardest problems” in the blockchain sector. It seeks to provide an alternative to “slow, costly, unscalable, and ecologically harmful” proof-of-work protocols like Bitcoin by connecting blockchains. On August 18, Cosmos rose 25% from $15 to $20 after the introduction of Emeris, a cross-chain DeFi interface.

It also launched a bridge to Ethereum at the end of August. The inter-blockchain communication protocol (IBC) allowed trade across the Cosmos and Ethereum networks for the first time, along with the integration of Sifchain.

Cosmos Might Soon Over Take FTX Token

Cosmos is “Blockchain 3.0” — thus, as previously said, ease of usage is a significant objective. To this aim, the Cosmos SDK emphasizes modularity. This enables a network to be created quickly using existing code. Long term, it is anticipated that sophisticated applications would be simple to build.

Cosmos now has the twenty-first largest market value, but at this pace, it would only take $0.8 billion to flip FTX Token and make a bold entry into the top twenty.

Some in the crypto sector, much worried about the amount of fragmentation in blockchain networks. There are hundreds, yet few can converse. Cosmos wants to change this by making it feasible.

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Source: https://thenewscrypto.com/cosmos-atom-lead-market-wide-rally/

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