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Author Topic: ESCOBARCOIN TECHNICAL WHITEPAPER – A SUMMARY  (Read 119 times)
Escobarcoin Group (OP)
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May 08, 2018, 10:41:14 PM
Last edit: May 09, 2018, 05:27:41 AM by Escobarcoin Group
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Until the advent of blockchain technology, Electronic Health Records (EHRs) were never designed to manage multi-institutional, lifetime medical records. Life events such as jobs, schooling or forced migration often takes patients from one provider's data silo and into another. The consequence of this is in most case, the patient tends to lose easy access to past health data.
It is no news that as inflation is increasing, so is the cost of healthcare. However, in some countries, government subsidizes healthcare or provide some sort of public insurances for certain age bracket, or the entire masses; nonetheless, private health insurance companies (HMOs) cover a larger number of the insured in most countries.
The goal of every employee is being able to access his/her pension savings at retirement. However, in recent times, bureaucratic process has resulted in delays to access to pension funds. As some of the major work pension schemes withhold funds for up to three months after request for payout. In some instance, several savers are informed their fund calculations are no longer valid and will need to be redone; hence leading to further delay and additional cost.

Escobarcoin client EHR management protocol is built on Smart Contracts via Ethereum blockchain. Through smart contracts, we log patient-provider relationships that associate a medical record with viewing permissions and data retrieval instructions (essentially data pointers) for execution on external databases. We include on the blockchain a cryptographic hash of the record to gaurd against tampering, thus guaranteeing data integrity. Through our secure DHI, we leverage on information available on the blockchain to help members manage their health records, and at the same time provide wellness rewards. Using analytics and navigators, ESCOMed assist members in deciding what insurance plan would best meet their current health needs. Our pension administration blockchain application, (BHPE)key's objective is to lower participant costs and to simplify pension administration, thereby making sure more secure, personal pension data will become more accessible to participants.
GUARANTEED TOKEN DEMAND
Over 300 local and international companies are willing to use our voucher to power their employee and consumer reward programs in different health markets. Once Escobarcoin is launched, transactions will be processed via ESCO tokens, guaranteeing demand, and building value.
TOKEN SALE TERMS
The team behind Escobar has been following the latest token sales to gain perspective and learn from mistakes and successes. It is important to us to act in the interest of token sale participants at all time and therefore believe it is crucial to align interests between the community and developing team. The Terms of token sales are as follows:
No Pre-Sale,
No Whitelists.
1ESCO = $0.1USD
Week 1: 50% Bonus
Week 2: 20% Bonus
Week 3: 15% Bonus
Week 4: 10% Bonus
Week 5: 5% Bonus
Token Price: 9000 ESCO / ETH; 110000 ESCO/BTC
● ICO Launch date:20th May, 2018, approx.12pm(UTC)
● ICO End date:20th June, 2018 approx.12pm(UTC)
● Total Minimum cap: USD1million
● Hard cap: USD10million
● ETH/BTC accepted only
● Tokens will be immediately transferable after the Token sale ends
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