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CoinMarketCap.comThe Hippocrat Token, exemplified by its symbol HPO, is incorporated into a wider project concerning health data. The scheme incorporates the MyData model, tackling issues associated with API and platform models and championing data interoperability and consent for data usage. The Hippocrat Wallet SDK, a tool developed with consideration of data handling, aids in executing the MyData model. The SDK facilitates actions such as patient hospital identification registration and data verification of diverse documents like birth certificates, passports, driving licenses, and prescriptions. Decentralized identifiers, abbreviated DIDs, are crucial to this setup, with variance hinging on the blockchain where records are organized.
As a user, one may utilize personal healthcare data to attain individualized healthcare experiences while adhering to strict privacy regulations. The system simultaneously devises a framework that permits pharmaceutical entities and healthcare providers to access user data for research while respecting user consent. Health institutions and hospitals may obtain reimbursement for offering data but are bound to fulfill top-tier data rights prerequisites.
The Hippocrat DAO, a decentralized autonomous organization, offers oversight for the Hippocrat protocol. The HUM initiative, introduced in 2018 and positioned within the same context as Hippocrat, attempts to deliver personalized health amenities and effective patient data application in a community environment. This represents an interpretation of decentralized blockchain within healthcare. This approach motivates sharing and utilization of health data while alleviating data distribution complications. The Hippocrat protocol uses Verifiable Credentials (VC) and encryption technologies to ensure secure data transmission and reception.
Prioritizing data protection and privacy consideration, the Hippocrat protocol emphasizes the importance of health data safeguarding. Users retain control of their data and the terms of its sharing under this protocol, signifying a considerable shift in personal health data management.
The HPO token holds a functional role within Humanscape, an initiative operating within the blockchain, centered around offering support to patients battling incurable diseases. The inclusivity aspect of the blockchain may be under influence, with various individuals, organizations, and institutions linked with data collection coming into play. Humanscape Inc. is involved with both the HUM initiative and the Hippocrat initiative, creating associations within the space. The latter implements self-sovereign identity technology, honing in on the individual's control over their identity and health-related data.
The Hippocrat initiative utilizes self-sovereign identity (SSI) and MyData within a blockchain for the purposes of identity validation. Management methods within the project incorporate decentralized frameworks, fostering an environment conducive to collaboration. A unique model that includes patients within its governing structure is employed, with the potential to shape data inclusion practices. This approach rests on the Hippocrat protocol, ensuring patient sovereignty in relation to their healthcare data and upholding privacy. The Hippocrat Wallet, working in conjunction with the protocol, offers compatibility with a range of health services. The cornerstone of the project is a patient-centric methodology aiming to foster collaborations. The objectives include fostering associations on a global scale, resulting in the growth of a cooperative healthcare ecosystem.
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HPO Metrics:
Current price: $0.0035
Market cap: $3.62 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $0
The HPO token plays an integral role within the workings of the Hippocrat system. A pivotal aspect of the system encompasses the rollout of the mainnet and uniform policy contract for data transactions. As part of the system, data is held on a decentralized blockchain, and proceeds emerging from patient-generated health data (PGHD) are redirected back to the patients or institutions supplying the data.
HPO's PoC project allows the conveyance of data through interconnected peer-to-peer cryptographic key pairs. Encouraging dialogue about it amongst stakeholders, the beta iteration of the open-source Hippocrat wallet SDK has been unveiled. A hard fork is underway for the dispersion of the HPO token within the context of the HUM project.
The project's partnerships with worldwide institutions foster the unveiling of PoC project results and the application of the Hippocrat Wallet. Presently, 10 organizations slated to utilize the Hippocrat Wallet SDK are in the process of integration. Unifying the wallet with reference services supports adherence to healthcare data-associated stipulations.
Future endeavors incorporate introducing the Hippocrat DAO to broaden reach, a process that includes transferring governance to the Hippocrat Foundation DAO. Moreover, the project intends to devise reliable data transfer methods that propose enhanced solutions. Functions for data pruning and origination are accessible through the open-source Hippocrat wallet SDK. Through decentralized storage techniques, the objective is to lower the volume of obtainable personal data, hence decreasing the appeal for hackers.
The HPO approach focuses on the MyData model, fashioned to handle the complexities of API platform models. The model promotes incentives for data interoperability, encouraging consistent interaction among platforms. Additionally, within the HPO network is the Proof of Concept (PoC) project, Hippocrat Wallet SDK. This initiative aids in the transfer of data across personal devices, enhancing personal privacy and individual control over data. By unifying the objectives of the MyData model and Hippocrat Wallet SDK, HPO provides a comprehensive method for managing and transporting data in networks of personal devices.
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