World's First Medical Device ICO

[Vladdirescu87]

The global healthcare market is predicted to reach $8.7 trillion by 2020, with individual health data under increasing demand from research institutions.

Bowhead Health could revolutionize personalized health by making preventive health diagnostics and solutions more accessible to the end user. The Bowhead platform runs on their patent pending Anonymized Health Token, which gives individuals the option to share anonymized health data while retaining full control of their information via smart contracts. Compensation paid by research institutions would be split among users and AHT holders on a 70/30 basis. With health data now amongst the most valuable information resource on the planet, Bowhead Health is well positioned to become leaders in this lucrative and fast growing sector.

The full article: https://coinidol.com/world-s-first-medical-device-ico/

[Solve.Care]

Interesting article, thank you for sharing

[amir24]

Big problem: we don't know if device work. If you do research you will find out about Theranos company that failed to make same device with 400 million dollar. Technology not working yet. Now Bowhead try to use blockchain and ICO money?? People will lose money in this ICO.


I take from wikipedia::

Theranos is an American privately held health technology company based in Palo Alto, California. The company is known for its marketing of its efforts to create blood tests that used small sample volume technology. It was founded in 2003 by Elizabeth Holmes at the age of 19.[2] By 2014, Theranos had raised more than $400 million in funding with an estimated[by whom?] value of $9 billion.[3][4]

In 2015, Theranos received negative news coverage due to concerns about the effectiveness of its technologies. In June 2016, the company's net worth was estimated to be $800 million.[5] In July 2016, Theranos received sanctions from the Centers for Medicare & Medicaid Services (CMS) including the revocation of its CLIA certificate and prohibition of the owners and operators from owning or operating a lab for two years.[6] Theranos announced that it would close its laboratory operations and wellness centers to work on miniature medical testing machines in October 2016.[7]