Ravencoin Stack
  • Home
  • Price Chart
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
    • Art
    • Beauty
    • Sports
    • Music
    • Fashion
    • NFT Events – Meetings
    • Trading cards
    • Learning
  • Exchanges
  • Books
Ravencoin Stack
  • Home
  • Price Chart
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
    • Art
    • Beauty
    • Sports
    • Music
    • Fashion
    • NFT Events – Meetings
    • Trading cards
    • Learning
  • Exchanges
  • Books
No Result
View All Result
RavencoinStack
No Result
View All Result
I show You how To Make Huge Profits In A Short Time With Cryptos!
Home NFT

Trackable NFTs can now be used by patients to share their health data and earn a royalty when someone uses their data

April 28, 2022
in NFT
Trackable NFTs can now be used by patients to share their health data and earn a royalty when someone uses their data

A patient who shares their health data now has a way of tracking where that data is used and more importantly, now has a way of earning a fee each time the data is shared.

You might also like

Non-Fungible Tokens Explanation For Complete Beginners

The Top Five Benefits Of Ravencoin Non-Fungible Tokens

How Can A Professional Solo Singer Make Money From Ravencoin NFTs

PALO ALTO, CALIF. (PRWEB) APRIL 16, 2022

The global blockchain development company, HashCash Consultants, is thrilled to announce its participation in an exciting new NFT creation project. What’s unique and beneficial is that it involves the healthcare industry and the health records of common individuals. HashCash, on this occasion, joins forces with a UK-based company to explore the potential of this idea.

Given that the NFT in the healthcare sector is sensitive and still in speculative stages, the two organizations are taking small steps in weighing the possibilities. In this concept, individuals volunteer with their health data and have them made into NFTs. These individuals can at any point share their NFTs with health care services as a way of participating in studies or research, monetizing it.

When an individual orders a direct-to-consumer DNA testing kit to get a nutrition plan suited to their genetic build, they knowingly or otherwise share their genetic data and related medical history with the nutrition-planning company. This company may at any stage, sell these records to a third party for research purposes, making millions. The original owner of the data receives nothing, meanwhile. Further, such sensitive data may get passed along the transaction chain, and the risk of mishandling the information increases.

“If your genetic data were turned into NFTs, the information is then attached with an inherent feature to be tracked,” explained Raj Chowdhury, founder, and CEO of HashCash Consultants.

“This would enable you to monitor where your data ends up and track the people who hold the NFT and also figure out if it is being used without permission.”

Also, as the sole owner of the information, certified by NFT authentication, he/she may enable a feature that pays them a fee each time a transaction is made on the NFT.

The third parties interested in using the specific data for research or developing new products will reach out directly to patients on a digital marketplace. “This approach is unique in that, here the patients can exercise their choice whether or not to share their data and if they do, they must be paid for it.” pointed out Chowdhury.

As for recent developments, HashCash is set to work with a Metaverse company. HC Remit, a HashCash product is being implemented by a Vietnamese Payment service company to route payments and remittances. HashCash has worked on a DeFi business model for granting micro-loans to women entrepreneurs.

HashCash is a fast-expanding company with innovation focal to its growth. The management and teams are active proponents of blockchain technology and its application in any industrial field. The NFT on health data is one of many projects HashCash has been a part of. Most of these projects seek to solve some real-world challenge and have a welfare objective at their core.

Via

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects.

Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Tags: health

Recommended For You

Non-Fungible Tokens Explanation For Complete Beginners

by admin
January 21, 2023
0
Beginners guide

In the digital world, non-fungible tokens are revolutionizing how we think about ownership and value. A NFT is a unique digital item that can be bought, sold, and...

Read more

The Top Five Benefits Of Ravencoin Non-Fungible Tokens

by admin
January 19, 2023
0
Benifits in teh outline of a cloud

Ravencoin (RVN) is a blockchain-based platform for creating and transferring non-fungible tokens (NFTs), also referred to as unique digital assets. Virtual real estate, gaming items, and digital art...

Read more

How Can A Professional Solo Singer Make Money From Ravencoin NFTs

by admin
January 3, 2023
0
Drwaing of singer at microphone

The decentralized, open source Ravencoin blockchain platform permits the transfer of assets from one party to another, including securities and financial instruments. The Ravencoin blockchain is a convenient...

Read more

Decentralized Transactions With Ravencoin Tokenomics

by admin
October 5, 2022
0
Abstract image of blockchain

Ravencoin is a blockchain that facilitates the issuance of digital assets. It is similar to a normal share but is more flexible and secured. It also gives companies...

Read more

Chronoly Offer Fractionalised Timepiece Ownership NFT Marketplace for Rolex

by admin
September 19, 2022
0
Patek Philippe watch

Chronoly is changing the way that people can buy, sell, and invest in rare luxury watches. Chronoly is the world’s first 24/7 watch investment platform that is making...

Read more
Next Post
Revise aims to make NFTs more versatile by making them programmable and interact with data feeds from web3

Revise aims to make NFTs more versatile by making them programmable and interact with data feeds from web3

Ravencoin price

Ravencoin

Ravencoin

$0.03

RVN -5.89%

Related News

Abstract image of blockchain

Decentralized Transactions With Ravencoin Tokenomics

October 5, 2022
Earth

Web3 and NFT free Artists to tokenise their work and make money

July 12, 2022
Secure Cryptocurrency Wallets for your Ravencoin investment in 2022

Secure Cryptocurrency Wallets for your Ravencoin investment in 2022

April 17, 2022

Browse by Category

  • Art
  • Beauty
  • Books
  • Digital Art
  • Exchanges
  • Fashion
  • Learning
  • Mining
  • Music
  • NFT
  • NFT Events – Meetings
  • Price
  • Sports
  • Trading cards
  • Uncategorized
  • Wallets

Pages

  • Home
    • Contact Us
  • Privacy Policy
  • Ravencoin Price USD Chart Current and Archive
  • Terms and Conditions
  • Your download link

CATEGORIES

  • Art
  • Beauty
  • Books
  • Digital Art
  • Exchanges
  • Fashion
  • Learning
  • Mining
  • Music
  • NFT
  • NFT Events – Meetings
  • Price
  • Sports
  • Trading cards
  • Uncategorized
  • Wallets

BROWSE BY TAG

Art artist Beginner Charity Chris Brown Clinique collectable Collectible Community copymint Dapps Daz 3D digital assets Ethereum football Fraud Gamification Gen Z Hydra limited edition loyalty Makeup Marketplace Mining music NFT NFTH Nike only gems OpenSea open source phygital Portfolio prediction Price Proof of Stake QR Code rare Seaport Shopify tokengated trading cards WAX WEB3 Wine

© 2022 Ravencoin Stack

No Result
View All Result
  • Home
  • Ravencoin Price USD Chart Current and Archive
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
  • Exchanges
  • Books

© 2022 Ravencoin Stack

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?