HEALTH DATA HAS VALUE!
on a Community-owned Marketplace
Powered by Blockchain
Health data is a booming multi-billion dollar industry. By tokenizing the value of health data we are giving the individual and investors the opportunity to participate in that value stream.
Dr. Eberhard Scheuer
Chairman & Founder
On the HIT platform, every reward payout with HIT tokens generates transaction fees that are distributed to our users and investors who own HITC tokens.
In the Security Token Offering, HIT Foundation is currently selling 3 million HITC tokens. The STO lasts until all 3 M HITC tokes are being sold or max until 30 September 2019.
We need as many individuals as possible joining HIT Foundation by downloading the HI-Trust app. Please join if you are willing to make your data shareable for a token reward. The bigger the community, the more information seekers will join that are willing to pay for health data.
Information seekers must acquire tokens to compensate individuals for giving access to their data. In the case of existing data, the HI-Trust app can be used to provide consent and get fair pay for its use. The HIT tokens can also be used in loyalty programs or as an incentive for behavior modification, e.g. in prevention programs.
HIT tokens can be used to redeem services, making it a secondary currency in healthcare. As soon as we have reached a community size of more than 10’000 individuals, the tokens can also be exchanged to money at the crypto-exchanges.
System – How it works
Process of Token Transfer and Data Access
The HIT platform aligns network participants to achieve common goals — the growth of the network and the appreciation of the HIT token. Based on smart contracts the user/patient can receive tokens corresponding to the “value” of the data that is assigned by the information seeker. The smart contract that is incorporated in the request determines the access to the data and the transfer of tokens under the agreed conditions.
During the STO contributors can buy the HITC asset tokens, which entitle them to a share of the transaction fees. Contributors also get 100 HIT* as a perk when buying 1 HITC.
HITC – Asset token
A total of 5 million HITC tokens are issued. It gives contributors rights in the 5% transaction fee. 3M HITC are to be sold to contributors in order to build and run the platform.
Total Supply of asset tokens: 5’000’000
- Contributors 3’000’000
- Foundation 1’000’000
- Founders & Team 1’000’000
Token Type: NEM Mosaic, 6 decimals
Fundraising total: €25M (3M HITC Tokens)
Method: Bank Transfer, ETH, BTC, XEM
Fundraising – Q2 2019
- Tier 1 (€6.4M) 800K HITC (20% discount = €8)
- Tier 2 (€8.1M) 900K HITC (10% discount = €9)
- Tier 3 (€8.0M) 800K HITC (0% discount = €10)
HIT – a utility and payment token
A total of 1 billion HIT Tokens is distributed to facilitate transactions. It is not used to finance the project but disseminated to individual users, partners, and stakeholders* in order to initiate and facilitate the HIT token economy. It can be used to pay individuals for providing data to information seekers. After the initial distribution phase, information seekers must buy the HIT tokens through the crypto-exchanges where the token is listed.
Total Token Supply: 1’000’000’000 (1 billion)
Token Type: NEM Mosaic, 6 decimals
*Contributors are entitled to 100 HIT when buying 1 HICT. Those free HIT tokens are subject to a 6 month holding period
Get In Touch
Send us a message if you want additional information about the Health Information Traceability Project
6300 Zug | Switzerland