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Writing the correct information about health on the blockchain will help to provide undisputed medical care. However, medical information is very sensitive. I hope that information can be effectively utilized while ensuring privacy.
Hi Ken-san, totally agree. Our focus at Coral Health is to ensure patient privacy. By encrypting all information and never storing personal data on the blockchain, our system is fully HIPAA and GDPR-compliant by default. All data sharing is patient-permissioned. Unfortunately that's not the case right now in the healthcare industry.
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Do you envision coral health working in all health systems across the world, or is this regional specific?
Hi Startblouse, We are focusing on the US and Canada right now!
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Hello, I read through the white paper and I have a question, when you give someone (a lab/doctor etc) permission, will that be in real time or will there be a delay?
Hi Indiast3, The data exchange will be real-time!
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No soft cap, therefore whats the hard cap?
Hi Sahara, We don't have a hard cap, as our sale is ongoing. Coral Health Tokens fuel our ecosystem and incentivize critical healthcare exchange.
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are you confident in reaching soft cap??
Hi there, We raised approximately 5M from private sales which surpassed the amount we had set as our soft cap.
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What other startups have you made? You mentioned there were a few of them in the WP.
Hi Ozinzin, Our team has extensive experience in the healthcare industry, and one of our co-founders developed software and patent-pending tools currently used by Genentech, Bristol-Myers Squibb, Johnson & Johnson and others. Coral Health is our main focus right now, and there is a great deal we aim to accomplish!
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lots of similar projects with data protection plus healthcare, what's the most innovative points you offer?
Hi Poiseulle, There are few reasons why Coral Health is unique in this space: 1) Our team is composed of experienced technologists, prominent health policy experts and leading scientists who are intimately aware of the challenges facing the healthcare industry today. Our team is uniquely positioned to develop and deploy solutions that advance security, transparency and personalized patient care. 2) Our technology is cutting-edge. We employ blockchain and distributed database technology to solve costly inefficiencies across the healthcare system. 3) We have key partnerships with research institutions and healthcare provider networks and are in late-stage discussions with leading insurance companies to develop targeted solutions that provide immediate operational benefits. 4) We have a product already built (check out the product section above). Many of our competitors have not yet gone beyond the white paper stage. Please do let me know if you have any other questions!
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how will data be collected for this project and who will be able to view this data?
Hi Makpol, Coral Health is working to create a seamless connection between your providers’ EHR systems and our patient app. This connection supports most of the commonly used data types from an EHR system, including medications, allergies, procedures, conditions, clinical vitals, and labs. We also allow users to manually enter results, so even if a particular provider’s EHR system is not integrated with Coral Health, our users can still benefit from using our system. Only the patient can view and share their data with whomever they choose. Coral Health would never be able to access your data, for example.
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what is behind the decision to use distributed databases to store healthcare data?
Hi Matutana! Both due to the blockchain not being a good fit for storing large data and to protect patient privacy, the patient’s personal data including their medical records need to be stored off chain on IPFS. We only store the referents to that data on the blockchain to act as an index for the data. A useful analogy for this approach is a library catalog system. The data Coral Health is storing on the blockchain is like a card catalog in a library that contains metadata about the book and a location where the book can be found. We detail this approach in more detail in section 6 of our white paper (linked above).
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iam pediatrician and so i was automatically attracted to health projects on blockchain there was a free area for health projects in blochchain space
do you have some nationality limitations in presale like US and CHINA
Hi Sacskate, Residents from China, USA and Ontario cannot participate at this time. However, please sign up for our whitelist http://[Suspicious link removed]/dDpPhH and we will keep you posted if that changes!
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I've noticed a bunch of blockchain healthcare companies - I'm skeptical about patient adoption though.
Hi Joseph, You bring up a good point - we understand that patient adoption has historically been a large barrier. However, the ability to store, manage and share healthcare data in one spot has been lacking until now. Our app is simple and easy to use for virtually all patients, and they can be confident that their information is persistent. The cherry on top, is that patients can finally benefit from their own data if they wish. For example, patients can participate in surveys and research in our upcoming data marketplace. They can earn tokens and researchers can gain access to premium data and lower cost of acquisition. In this way, everyone is benefiting from the data exchange and as a result, higher uptake.
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medical data is big. how you plannin to store that on the blockchain?
Hi Kpark, We don't actually save data directly on the blockchain, it is standard practice nowadays to store data off-chain. IPFS is getting pretty well known for distributed data storage and anyone who wants to run a node can. That ensures democratization, but we'll probably need to seed the nodes ourselves at the beginning while more entities become interested in hosting their own. All data is fully encrypted and only the hash referent to encrypted file is posted to the blockchain.
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Project seemed too detailed to me, i think lots of investors might think like me. Maybe you should bring up front one main feature of your project.
Hi Fionoa, Thanks for your feedback. To keep it simple - our main goal is to incentivize critical healthcare data exchange so that we can accelerate care delivery, automate manual processes and improve health outcomes. The Coral Health Token fuels this data exchange across the various parties in our ecosystem.
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What's more, using the technology to store personal data would render it in breach of the privacy by design' principle of the GDPR
Hi Habeco, as we detailed above, we are HIPAA, GDPR and HITRUST compliant. All medical records are encrypted both in transit and at rest The key needed to decrypt the files only resides on the patient’s phone, ensuring the patient has complete control over their information. Coral Health and everyone else has no ability to access this patient data. Please do let us know if you need any more information!
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What about HIPPA/GDPR, seems important in healthcare.
All medical records are encrypted both in transit from the EHR to the user's device and also while at rest on the device. Only the patient has the key needed to decrypt the files, ensuring the patient has complete control over their information. Neither Coral Health or anyone else has the ability to access this patient data without the patient's permission. This means that risk is isolated to each patient and there's no centralized honeypot for a hacker to target as there with other solutions like Apple Health. you mention a decryption key. I doubt patients can really manage keys. mostly old The key needed to decrypt the information is only stored on the user's device. Coral Health does not manage the keys for our users. what if patient loses phone? If the patient loses their phone, they'll have to go back and reconnect the app to their various providers. The good thing is each provider only needs to be logged into once, because the app's connection is persistent. So if you have 5 providers supported on the app, you'd only have to login 5 times and you're back in business. Each time new records are added by one of those 5 providers, you'll get an alert.
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What about HIPPA/GDPR, seems important in healthcare.
All medical records are encrypted both in transit from the EHR to the user's device and also while at rest on the device. Only the patient has the key needed to decrypt the files, ensuring the patient has complete control over their information. Neither Coral Health or anyone else has the ability to access this patient data without the patient's permission. This means that risk is isolated to each patient and there's no centralized honeypot for a hacker to target as there with other solutions like Apple Health. you mention a decryption key. I doubt patients can really manage keys. mostly old The key needed to decrypt the information is only stored on the user's device. Coral Health does not manage the keys for our users.
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What about HIPPA/GDPR, seems important in healthcare.
All medical records are encrypted both in transit from the EHR to the user's device and also while at rest on the device. Only the patient has the key needed to decrypt the files, ensuring the patient has complete control over their information. Neither Coral Health or anyone else has the ability to access this patient data without the patient's permission. This means that risk is isolated to each patient and there's no centralized honeypot for a hacker to target as there with other solutions like Apple Health.
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I want to participate in pre sale, and invest 5-10 ETH, I like this project and participate in bounty campaign. I think Blockchain in venture capital it’s new technology in world economic
Hi Anthomy, great to hear! You can join our whitelist in our message above. We aren't doing a bounty campaign at this time, but will let you know if that changes. Let us know if you have any other questions!
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It's pre-cleared as a utility token with functional product uses. I don't think it's designed to be traded as securities...?
any countries blocked??? Hi Amelia, Due to government regulations, we will not be selling tokens in USA/Ontario/China. For USA and Ontario, we are talking to local counsel to get preclearance from regional securities regulators, and will keep you posted with updates.
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I did not like the following phrase in your description. "Coral Health has unique opportunities for the destruction of the healthcare industry. "Perhaps you wrote it unsuccessfully." Why destroy health care? We need to improve it!
Hi there, We wrote "Disrupt" not "Destruct." We would like to disrupt the status quo of fragmented and inaccessible healthcare data, and instead create a more connected future. We agree - we need to improve healthcare and we're focused on advancing personalized medicine and more empowered patients!
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