Patientory

According to a BIS Research report, the global healthcare market is expected to have grown at an annual compound rate of 64% by 2025. It is also projected to hit a 5.6 billion USD valuation by then. The report observed that blockchain could play a crucial role in overcoming the challenges and failures inherent in legacy systems. Blockchain application in health information interactions is anticipated to be a major driver towards achieving this market capital. 

Blockchain technology has massive potential to resolve the recurring issues present in the current healthcare IT systems. The issues are primarily associated with non-standardization and interoperability lapses that have produced information silos within the industry. The BIS report name-dropped major pace-setters in the new phase of healthcare, and one of them was Patientory. 

Below, we examine what Patientory is and why it stands out as the optimal solution for healthcare facilities, especially clinics and pharmacies.  

Patientory: A Brief Overview

Patientory enables healthcare institutions, enterprises, patients, and clinicians to transfer and access sensitive health data securely. It also assists in presenting actionable insights to enhance health results. Patientory uses blockchain technology through the PTOYMatrix blockchain network to assure end-to-end encryption, which complies with administrative guidelines and agreement terms.

Tokenization

The Patientory’s token PTOY allows healthcare app users and providers to rent data storage space on the PTOYMatrix and execute health-specific smart contract exchanges. Additionally, it facilitates compensation through a commission model designed to reward high-quality care. 

Patientory will reward early adopters with PTOY, the native token of the Patientory network. The Patientory network is a protected, locked loop dispersed ledger system uniting all the stakeholders in the healthcare ecosystem. It flawlessly transfers health information within a highly secure, blockchain-powered system. 

A Useful App

Patientory offers a free-to-use app to its users. The app seamlessly connects to your wearable devices and mobile apps to observe vital statistics on activity and health. It is designed to present and help you monitor your general health status on its dashboard.

Why is Patientory the Best Solution?

Patientory was created to solve the recurrent problems of the present healthcare ecosystem. It was also designed to accommodate the shifting trends in healthcare management. So, what makes it the best solution for clinics and pharmacies?

Better Reviews

Many health specialists believe that patients with access to their information are usually more involved during appointments. It also makes them more inclined to be proactive with their health. 

With Patientory, patients can share their entire medical history with their doctors through aggregated information from many medical facilities and healthcare providers, all in one place. 

Enhanced Management

For doctors, blockchain introduces them to personnel management systems that expedite their daily duties seamlessly. Doctors can maintain their schedule, place electronic requests, and transfer or receive referrals online efficiently with Patientory. These automation devices and suggestions will help doctors and patients save time.

Securely Share Data

Patientory uses blockchain technology to provide a secure space for health information storage and transaction. Patientory combines blockchain technology with complicated APIs to make electronic health record interoperability and information storage swift, effortless, and reliable. 

Patients can also safely share data with their doctors, nurses, family members, specialists, and caregivers or talk through Patientory’s reliable messaging platform.

Conclusion 

The healthcare system is rife with growth opportunities that will only increase as the years advance. However, this potential will go unrealized when people are discouraged from visiting healthcare facilities because of redundant procedures. That is why Patientory looks to solve the perennial problems of the system while also maintaining flexibility to accommodate future growth within the industry.

Your Health, at your fingertips.

One of the essential tactics that governments advocated to control the spread of the Covid-19 pandemic was proper tracking and reporting based on a transparent model. After living with the Covid-19 pandemic for almost two years, countries worldwide have invented and adapted many tools, processes, strategies, apps for tracking and reporting on active cases, cured patients, deaths, and vaccinations.

The current healthcare system had to contend with overwhelming demands for medical services and equipment. The pandemic brought to the surface flaws in the management of the health equipment supply chain and a lack of essential medical resources.

Patientory has brought several solutions to combat the COVID-19 pandemic and elevate the stress on health providers and patients. 

Distributed Vaccination Hubs

Recently, twelve fake vaccination hubs were reported in Mumbai, India. Thousands of people have fallen victims to the organized scam. The doctors injected saline water and collected fees of up to $28,000 while administering more than 2,500 fake vaccination doses. 

The incident highlighted the deficiencies of the current healthcare system, especially in the middle of a global crisis. Vaccination hubs are a form of distributed medical care, and the PTOYMatrix network blockchain enables the registration of every distributed medical hub. The identity and credentials of every physician and nurse are accessible and verifiable through the network. Every health institution has a list of employees, credentials, designation, and roles. 

Drugs Supply Chain

The use of fake vaccination is preventable when blockchain is integrated with the healthcare system. The technology tracks the raw materials supply, manufacturing process, shipping, and distribution of every drug. The FDA has approved RFIDs to track drug and medicine shipments. It eliminates any chance or risk of receiving counterfeit drugs and enforces integrity and transparency. 

The Internet of Things (IoT) technology comes into play for receiving and transferring data collected from RFID. The data will show the location and time of collecting and delivering drugs shipments.         

Contact Tracing

Governments around the world are tackling the spread of Covid-19 through many metrics and digital applications. Every individual must install and use a mobile app that shows the current health status and alerts them when they are in proximity to a recently positive case. The problem with this model is that there’s no privacy and protection of individuals' information or geolocation. Patientory provides a contact tracing service that alerts people without relieving any sensitive information.

Telemedicine

The use of telemedicine as an alternative approach to outpatient care has grown rapidly during the pandemic. Even though telemedicine is not a new approach, the patient and medical institution faced significant problems communicating through these conventional methods. The Department of Justice has charged more than 100 licensed practitioners submitting false insurance claims worth $6 billion. Implementing healthcare blockchain technology eradicates the risk of fraud and data theft, also saving up to 85%. Patientory provides a secure blockchain network that verifies every claim and records every information exchange and transaction in an immutable manner.     

Conclusion

Patientory brings a new perspective to handling large volumes of medical data. The platform enables individuals and organizations to securely and anonymously record health data. In addition, the blockchain network provides actionable and valuable insights to improve an individual's health outcome.

Your Health, at your fingertips.

Blockchain technology is enjoying increased popularity within the global healthcare industry. According to Blueweave Consulting, it is estimated to reach 4.72 billion USD by 2027. This astronomical figure looks more realistic as more people and organizations adopt blockchain technology. Patientory joins an illustrious list of companies leading the blockchain revolution in healthcare. Other notable names include IBM, Factom, Guardtime, Change Healthcare, Chronicled, Hashed Health, and Gem.

Let us take a closer look at how the Patientory network works. 

Bird’s Eye View of Patientory

Patientory consolidates all your medical data within a single database to maintain, trace, and administer your healthcare needs. It has features tailored to cater to the needs of every stakeholder within the healthcare industry. 

The Patient

Patientory provides patients with the most secure solution to protect their health data against cyber attacks. The safe system it provides allows them to store and send health information and also complete transactions. Patientory incorporates blockchain technology with complex APIs to facilitate electronic health record interoperability as well as swift, effortless, and dependable data storage. 

The Doctor

With Patientory, doctors can safely share data with learned colleagues, patients, family members, caregivers, or specialists. Health professionals agree that patients are usually more responsive in planning their treatment when they have access to their data. 

The Care Team

Patientory’s core feature is its smart contract system. It sends notifications to community doctors and patients to promote real-time medical mediations and patient monitoring. It also allows users to communicate with their care providers and doctors instantly. 

The Community

There are thousands of users on the Patientory network already. Discuss your health concerns with other community members and learn from their experience.

The Security

Patientory assures security using a sophisticated encrypted middleware that also caters to the high-volume needs of contemporary health ITs. Users need not worry about sharing sensitive data with the Patientory network. 

Tech Details

There are several immediate difficulties in developing blockchain proof of concept. They usually revolve around two conspicuous concerns: privacy and scaling. These difficulties affect enterprise blockchains.

In addition, the inadequate two-tiered architecture proffers version control problems. Hence, it is challenging for in-house IT teams to complete.

The Smart Contract

This multilevel structure offers a distinction of issues similar to contemporary web architectures. The middle layer allows the platform to interface efficiently with existing systems and scale effectively off the chain. Hence, the smart contract flows safely on and off the blockchain. 

Easy to Implement

Patientory generates, configures, and verifies smart contracts enabled on the blockchain. It leverages conventional cloud middleware and current application services to support blockchain expansion for nodes off and on the chain. 

Implementing advanced application services such as OAuth and biometrics, real-time information and billing, and individual health insurance data are now possible within this infrastructure. Applications can be expanded using established development devices, eliminating time-consuming learning curves for implementing and onboarding.

Triple Layers

Patientory uses these three layers to ensure safety - the presentation layer (touchpoint), middleware (smart contract), and schema (shared database of the distributed truth among nodes on the blockchain).

Conclusion 

Patientory aims to hand the initiative to patients in deciding their healthcare options. It also provides a faster and safer information storage and transfer system for medical institutions using blockchain technology. Patientory delivers on its promise through a complex system of layers, smart contracts, and encrypted middleware.

Your Health, at your fingertips.

Blockchain has the potential to make the healthcare system more efficient. According to BIS Research, it could save up to 100 billion USD in yearly costs by 2025. This metric considers health data violations, personnel, support functions, operation, and IT costs. 

Let us look at how blockchain improves medical service.

Medical Record Management

Electronic medical records provide a convenient service to expedite online access compared to conventional paper medical archives. These records contain sensitive data that is shared among medical professionals and clinicians when needed. They keep the patient’s medical history saved in an electronic form. The problem with EMR systems is that they are prone to cyberattacks. In addition to that, data could be lost due to backup errors and malfunction. In the event of data loss, thousands of work hours are lost.  

Integrating blockchain technology secures health records and stores them in a decentralized, reliable, and tamper-proof manner. It eliminates the need for double work and reduces the number of administrative tasks.  

Telemedicine

The utilization of remote healthcare services has risen exponentially during the Covid19 pandemic. Hospitals opted to implement telemedicine as a new approach to serve outpatients.  

Telemedicine reduces the workload on medical staff and relieves the limited medical resource from additional strain. In addition, it offers cost-effective and impartial access to medical care for patients. 

Remote healthcare services like Telehealth face insurance fraud challenges and identity theft problems. The PTOYMatrix network blockchain eliminates any chance of fraud or manipulation. The identity of each health provider, insurer, and patient is registered on the PTOYMatrix network. The exchange of health information is secure, transparent, and tamper-proof. 

Remote Medical Care

Robotic remote surgeries and ingestible sensors are medical care methods that involve sending and receiving large volumes of medical data. Another example is smart devices in gathering patients’ data and uploading health information to a centralized server. The communication between IoT, IoMT devices, and centralized servers occurs at significant risk of security breaches. 

The PTOYMatrix network eliminates data breaches and interruption of communication due to hackers and unscrupulous characters with questionable motives. The data is securely transferred utilizing the cryptography characteristics of the PTOYMatrix network blockchain. 

Medical Service Management

PTOYMartrix network provides large-scale interoperability between patients and healthcare providers. The network supports secure data transfer, medical care tracking, identity verification, and data exchange authentication.  

Moreover, the network can track a doctor’s intervention to mitigate medical conflicts. This data also helps medical organizations and patients to choose doctors with experience relevant to their needs.

Data on the efficacy of physician licenses and certificates are updated in a permanent decentralized database. At the same time, patient information is exclusively collected and accessed anonymously by authorized physicians.

Community Structure

The community is a support group of healthcare workers and volunteers that provide comfort and emotional support. The privacy of the PTOYMatrix network blockchain offers a space for healthcare communities. Patients receive advice and guidance from registered and certified medical professionals.

Conclusion 

The future offers great potential for the application of blockchain in the healthcare system. With more developments, it is primed to afford more productivity to healthcare workers and stakeholders.

Your Health, at your fingertips. 

Blockchain has the potential to make the healthcare system more efficient. According to BIS Research, it could save up to 100 billion USD in yearly costs by 2025. This metric considers health data violations, personnel, support functions, operation, and IT costs. 

Let us look at how blockchain improves medical service.

Medical Record Management

Electronic medical records provide a convenient service to expedite online access compared to conventional paper medical archives. These records contain sensitive data that is shared among medical professionals and clinicians when needed. They keep the patient’s medical history saved in an electronic form. The problem with EMR systems is that they are prone to cyberattacks. In addition to that, data could be lost due to backup errors and malfunction. In the event of data loss, thousands of work hours are lost.  

Integrating blockchain technology secures health records and stores them in a decentralized, reliable, and tamper-proof manner. It eliminates the need for double work and reduces the number of administrative tasks.  

Telemedicine

The utilization of remote healthcare services has risen exponentially during the Covid19 pandemic. Hospitals opted to implement telemedicine as a new approach to serve outpatients.  

Telemedicine reduces the workload on medical staff and relieves the limited medical resource from additional strain. In addition, it offers cost-effective and impartial access to medical care for patients. 

Remote healthcare services like Telehealth face insurance fraud challenges and identity theft problems. The PTOYMatrix network blockchain eliminates any chance of fraud or manipulation. The identity of each health provider, insurer, and patient is registered on the PTOYMatrix network. The exchange of health information is secure, transparent, and tamper-proof. 

Remote Medical Care

Robotic remote surgeries and ingestible sensors are medical care methods that involve sending and receiving large volumes of medical data. Another example is smart devices in gathering patients’ data and uploading health information to a centralized server. The communication between IoT, IoMT devices, and centralized servers occurs at significant risk of security breaches. 

The PTOYMatrix network eliminates data breaches and interruption of communication due to hackers and unscrupulous characters with questionable motives. The data is securely transferred utilizing the cryptography characteristics of the PTOYMatrix network blockchain. 

Medical Service Management

PTOYMartrix network provides large-scale interoperability between patients and healthcare providers. The network supports secure data transfer, medical care tracking, identity verification, and data exchange authentication.  

Moreover, the network can track a doctor’s intervention to mitigate medical conflicts. This data also helps medical organizations and patients to choose doctors with experience relevant to their needs.

Data on the efficacy of physician licenses and certificates are updated in a permanent decentralized database. At the same time, patient information is exclusively collected and accessed anonymously by authorized physicians.

Community Structure

The community is a support group of healthcare workers and volunteers that provide comfort and emotional support. The privacy of the PTOYMatrix network blockchain offers a space for healthcare communities. Patients receive advice and guidance from registered and certified medical professionals.

Conclusion 

The future offers great potential for the application of blockchain in the healthcare system. With more developments, it is primed to afford more productivity to healthcare workers and stakeholders.

Your Health, at your fingertips.

Patientory Inc. is developing decentralized apps (dApps) that integrates with the world’s largest healthcare blockchain system.  . It is accelerating a revolution in the healthcare system and gives users freedom with their health data. Can you imagine the benefits for industry players when patient data can be securely exchanged among healthcare facilities? 

With secure storage and instantaneous patient data sharing across healthcare facilities, the Patientory network (PTOYMatrix network) facilitates holistic patient care. The processes also require fewer intermediaries and physical infrastructure, making them more efficient and cost-effective.

PTOYMatrix network blockchain omits intermediaries and lowers transaction costs

Blockchain technology creates a distributed ledger of transactions and exchange of information without a central point of failure. Thus, the blockchain network is shared across many nodes that interact directly without intermediaries. As a result, you do not incur an additional cost of central control by an authority.

The current Electronic Health Record (EHR) systems are controlled by individual hospitals and incur substantial overhead costs. The trustless, transparent, and immutable nature of blockchain transactions helps detect and prevent fraud in the healthcare system quickly. 

Patientory leverages the benefits of blockchain technology, allowing patients, healthcare providers, and healthcare facilities to interact directly without a central authority. Consequently, it does not cost as much. 

Blockchain processes and synchronizes data. PTOYMatrix network blockchain retrieves your health records, allows you to communicate with the community, and shares records with a care provider instantaneously. Real-time processing reduces transaction costs.

Patientory has a merit-based compensation system

You can use the Patientory mobile app to store and access your medical data at no cost. However, charges apply when you need more than the 10MB limit. Patientory issues PTOY utility tokens and runs on a closed payment loop. Users can buy storage space for health data and access healthcare services on the app in exchange for PTOY tokens. The value of the PTOY tokens is dependent on demand. PTOY is linked to the Ethereum cryptocurrency. 

Miscommunication of patient data can jeopardize patient health. In fact, it is a statistically significant reason for hospital readmissions. Patientory reduces costs associated with such errors by allowing convenient data sharing. It also rewards healthcare providers when they coordinate and work together on the app.

Care providers with the highest contribution towards the shared savings on the PTOYMatrix network blockchain receive merit-based compensation. In addition, Patientory allows patients to give PTOY tokens to care providers who excel in providing quality health care. The app also levies penalties on providers who fail to meet proper patient care standards. 

Conclusion

The vision of Patientory’s CEO, Chrissa McFarlane, is the accessibility of quality and affordable healthcare throughout the world. Patientory is changing the future of the healthcare sector using the power of blockchain technology. It permits efficient patient data sharing and coordination between different stakeholders in the healthcare system.

Patientory’s underlying technology and model of care saves billions of dollars in the healthcare industry. The app provides quality care, along with cost-effective care, by attaching the payment system with a quality metric.

Your Health, at your fingertips.

Electronic health records (EHR) are great software solutions that manage and organize patient data. However, they are not perfect. The problem with most EHR systems is the lack of security and protection of the networks. Simply put, health organizations do not have large cybersecurity budgets, which explains their susceptibility to malicious attacks.

Practicefirst, a medical management company, reported that an unauthorized actor stole the files and data information of more than 1.2 million people. Medical Informatics Engineering, a provider of web-based EHR systems, suffered a cyber attack in 2015. The attacker made away with patients' data including names, mailing addresses, and even social security numbers. According to the US Department of Health & Human Services, 833 breaches and hacking cases have occurred in the last 24 months and are still under investigation. According to research conducted by Trend Micro, the healthcare sector has the highest cyber crimes rates compared to other industry sectors.     

EHR databases are lucrative and attractive targets for cybercriminals. A single database can sell for up to $500,000 on the deep web. Hackers prefer stealing EHR databases since they contain valuable information like financial and insurance records. 

Why Are EHR Systems Not Secure Enough?

EHR systems have many shortcomings and vulnerabilities. For example, some IoMT devices are not adequately secured for internet connection, firewalls are not correctly set, and no data encryption methods are implemented. Some health providers even neglect antivirus tools altogether. 

Other drawbacks are related to hiring IT staff without cybersecurity implementation experience. The IT staff focuses on efficiency and processing aspects and ignores security.    

Synchronizing Patientory With Your EHR System

Patientory lays a new framework and structure for existing EHR systems. It provides a new mechanism for storing and exchanging healthcare information. Hospitals have the opportunity to join the PTOYMatrix network blockchain and become full nodes, while Existing EHR systems can be synchronized with The PTOYMatrix network blockchain through EHR Sync Service. Active nodes, passive nodes (Ethereum miners), and participants ensure the privacy and security of every information exchange. 

Patientory is the revolution that the healthcare system needs. Unlike traditional systems where hospitals store medical data, the patient becomes the owner of their healthcare data. 

The infrastructure of blockchain eliminates any chance of security breaches or hacks. The only way a malicious actor will have access to the network is through a leak of private keys. In the case of a single private key leak, one individual’s data only will be exposed. 

Healthcare database nodes do not connect directly to the internet. Instead, they interact with the outside world through the PTOYMatrix network blockchain. It’s a private blockchain implementation that grants access to only the network participants.   

The exchange of healthcare information is secured by end-to-end encryption, user verification, and authorization from the data owner. The healthcare hosting nodes are HIPAA-compliant and follow the Patientory framework.   

Patientory infrastructure proves that blockchain is the solution to halting health data breaches. Decentralized apps and smart contracts will play a role in securing the transfer and collection of large volumes of data from IoMT and wearable devices. Moreover, advanced technologies like big data and machine learning will speed up diagnosis and treatment plans. Patientory is the path for creating a Smart Healthcare ecosystem.

Your Health, at your fingertips.

Medical, surgical, and treatment history is invaluable to dispense healthcare services properly anywhere in the world. Any physician has to view the medical history of their patients. It gives an overview of the patient’s health status and helps the physician in diagnosis. 

In addition, the physician will prescribe suitable medication based on the patient’s treatment history and allergies. In some cases, the physician may have to conduct further exams before reaching a diagnosis. 

A quick medical record survey will reveal a patient’s admission history, allergies, medication, or other relevant medical events. This information is essential for diagnosis.    

Difficulties in Gathering and Accessing Medical History

The absence of medical history negatively impacts patient convalescence more frequently than any factor. Inconsistency in a patient’s record causes higher costs and treatment time per patient. The patient also faces other annoying challenges when the medical record is incomplete. Imagine recounting a life-changing experience to every medical professional you see, which is the situation in many places worldwide right now. It explains why health care is better in areas with proper documentation is better than in places without. However, there is room for improvement. 

The methods of collecting and saving medical data are prone to errors and inaccuracies. Stored data is also susceptible to getting lost or misplaced. These risks are due to the low-security levels in EHR systems and medical computer networks.  

Using Patientory to Record and Maintain Medical History 

Blockchain and distributed database networks ensure the integrity of medical records. In the Patientory ecosystem, the individual is the sole owner and authorized entity controlling their medical data. 

Individuals can view their health status, set goals and receive personalized care plans through the Patientory decentralized mobile app. The individual sits at the core of the healthcare ecosystem. Every health stakeholder works directly with the patient, who has a major role in the decision-making process. 

The security and immutability features of blockchain technology protects EHR systems and medical computers networks. For example, when an IoMT device sends and receives large volumes of data, the blockchain security shields the information from external parties. Healthcare data is constantly monitored and gathered from medical devices and even mobile phone sensors. Blockchain ensures the security and accuracy of the collected data as well.     

Patientory Blockchain

Patientory blockchain or the PTOYMatrix network blockchain ensures end-to-end encryption when transferring healthcare data. The network consists of HIPAA-compliant storage servers, patients, hospitals, and insurers. Healthcare providers access the network and interact with patients through NEITH, an enterprise software tool. PTOY is the utility cryptocurrency of the PTOYMatrix network blockchain. It facilitates healthcare information exchange and data storage. 

Conclusion

Maintaining medical records and treatment history is serious business. Implementing blockchain technology reduces the chances of misdiagnosis, saves lives, and keeps money inside wallets. It also engages patients in their medical treatment and recovery plan. Blockchain technology is forming the foundation for the next generation of healthcare systems. The sooner medical systems adopt blockchain, the faster medicine enjoys the rapid advancement it needs to ensure increased longevity and optimal health.

Your Health, at your fingertips.

In this age of smart devices and mobile applications, people are bombarded with an overwhelmingly large number of lifestyle applications. The problem with lifestyle and medical applications was that they created information silos. Fitness applications specialized in one area like bodyweight apps, gyp apps, and rope jump apps. Tracking and monitoring fitness, nutrition, and mindfulness goals quickly become complex.

The Patientory dApp solves these problems. It offers personalized and unique care plans by exploiting the most advanced technologies available anywhere. It also provides healthy individuals and patients a single resource to record and track their lifestyle, medical and wellness goals.     

Objectives of the Patientory Mobile dApp

The Patientory team built a decentralized mobile app with the user at the center of the PTOYMartrix network blockchain. Patients and healthy individuals access and view their medical information conveniently and securely. Individuals become custodians of their medical and healthcare information thanks to the Patientory mobile dApp.

Lifestyle Goals, Medical Metrics, and Wellness

Healthy individuals and patients collect and monitor any data related to their lifestyle, medical condition, and wellbeing through the Patientory dApp. The data is collected from various inputs like mobile phones sensors, wearable devices, smart measurement scales, etc. The dApp monitors nutrition quality and water intake levels as well.      

Medical metrics like blood tests, vitamins levels, allergies, hypertension, diabetes, x-rays, and other vital signs tests are accessible through the Patientory dApp. This dApp allows health providers who are part of the PTOYMatrix network to record any medical data or treatment history on the individual’s account. Access to medical data benefits the individual in any future hospital visits or when receiving a new prescription. 

Physical and mental health are vital parts of an individual’s wellness. Many people lost social connections because of the pandemic and faced changes in their daily routines. Patientory dApp offers an advanced wellness tool. Healthy individuals who wish to keep a tab on their meditation and breathwork goals may utilize the wellness tools. Patients can also keep a record of their mental health history and medicine intake timings.  

Personalized Care Plans

The mobile dApp provides personalized care plans for each user. It calculates the overall health score based on physical activity, nutrition quality, medical health, and wellness using advanced technologies like big data and Artificial Intelligence to identify patterns and trends. 

Artificial Intelligence and machine learning algorithms provide personalized data considering past, present, and future health outcomes. The dApp suggests tips that optimize every individual’s health status.

Why is Healthcare Data Custodianship Important?

Although lifestyle features are available on other mobile apps, Patientory dApp brings complete control to the individual. The individual authorizes health providers to access and utilize their health data under their consent.     

Conclusion

Patientory has built a mobile dApp that brings all aspects of health in one place. Health goes beyond the absence of illness. Lifestyle goals and wellness are no longer separated from medical status. Healthy individuals and patients are the rightful owners of their health data, and Patientory protects this right.

Your Health, at your fingertips.

Patientory token (PTOY) is a digital cryptocurrency that powers and secures the PTOYMatrix network blockchain and permits health information exchange. The PTOYMatrix network blockchain promotes data integrity and lessens transactional and operational expenses. This system reduces the conflict of third‑party go-betweens in maintaining healthcare information. Together, the PTOYMatrix blockchain network and PTOY token constitutes the Patientory software platform, which goes by the same name as the Dapp. 

PTOY is the instrument for maintaining the PTOYMatrix network infrastructure. The primary usage of the token is to monitor network storage allocation, healthcare quality standards, and revenue payment periods.

PTOY - The numbers

The maximum supply of PTOY is 100,020,000 tokens. The current circulating supply is 84,237,014 tokens. The price per token as of 15th July 2021 is $0.01670217. There are 4,060 PTOY tokens holders, including DEXs and centralized exchanges. The circulating market cap is $1,407,070, and the fully diluted market cap is $1,670,403.    

PTOY and PTOYMatrix

PTOYMatrix blockchain network facilitates health information exchange and provides a data storage system in compliance with the Health Insurance Portability and Accountability Act (HIPAA). The network PTOY token grants every entity access to the PTOYMatrix network blockchain. In addition, the tokens facilitate data exchange among network users and enforce security.   

PTOY as payment 

Users get an allotted amount of space to save data for free on the PTOYMatrix blockchain network. PTOY allows them to buy additional storage space from nodes established in hospital systems. Users can buy PTOY tokens from cryptocurrency exchanges.

Healthcare enterprises utilize PTOY in this instance as well. They can also use them to make payments once smart contracts are accomplished with healthcare insurance organizations and coordinate value-based model metrics.

PTOY as compensation

The United States is looking to migrate from the fee-for-service model to the present value-based model. For this to happen, there has to be healthcare IT support that helps organizations to connect the quality, worth, and efficiency of medical interventions through a reputable compensation model.

Compensation will be based on the efficiency of the provider system and how it delivers improvement in health, wellness and care results while simultaneously diminishing correlated care costs. A merit-based compensation of distributed savings helps incentivize participants in the system to build more reliable care administrations proactively.

The system is also designed to proportionately reward the care providers that contribute the most to developing the system in PTOY tokens. The PTOYMatrix blockchain network ensures precise participation tracking using smart contracts on the blockchain system.

PTOY beyond compensation

Another consequence of the new healthcare standard is the compensation model wherein the providers can obtain extra compensation beyond the care provided. This compensation is the cumulation of the costs saved in providing care for the patient.

As part of the shared savings feature of the new healthcare standard, any expenses cut through efficient patient care and administration are rerouted back to the care providers and their partners.

Moving forward with PTOY

In return for PTOY tokens, users will be allowed to use the system to hire health data storage space and perform health-specific smart contract transactions and payments.

The platform strongly believes that utilizing a token is the most suitable payment method to sustain this foundation for the foreseeable future. The future is a vibrant environment of many tokens, through which healthcare will put a closed-loop payment network in place.

The outcome will be an effective and positive feedback loop with essential reductions in billions of dollars currently assigned to healthcare payment scams.

Your Health, at your fingertips.

Non-communicable chronic diseases are responsible for nearly two-thirds of deaths around the world. Around 117 million people suffer from one chronic disease or the other in the United States alone. The most-reported fatal cases are cancer, AIDS, diabetes, and chronic lung diseases. Yet, even in these cases, people have no way of accessing information about their health and wellbeing.

Health data tracking by Patientory

The healthcare industry is gradually moving from conventional methods of treatment and disease management. A new system is needed to counter the health risks associated with the current times. 

The mobile health application and software market is expected to reach around 236 billion dollars by 2026. The rise in demand has prompted us to develop a mobile dApp that tracks the vital statistics of an individual’s health. 

Patientory aims to empower people by providing them access to health data and real-time analytics. It offers them the best self-monitoring systems for consumers and enterprises alike. This data is displayed on a dashboard that shows the overall health statistics.

Below is a graph that shows the number of chronic diseases suffered by the people in the United States of America.

How Patientory tracks chronic diseases Heart diseases

Heart diseases are one of the most common chronic diseases worldwide, affecting even younger age groups. The leading risk factor for this group of diseases is an unhealthy or sedentary lifestyle.

Patientory integrates with the Apple Watch, which helps track your daily activity goals and helps you stay fit. The watch also monitors your heart rate and deploys algorithms that provide better insights to help you reach your goals. All the data collected is saved and accessible on the dApp. 

Diabetes

Diabetes is also one of the most common chronic diseases affecting people worldwide. The main risk factor for this disease is a lifestyle or hereditary predisposition. The sugar levels and daily activity can be tracked using a blood sugar meter. Patients can enter this data into the dApp, which will provide personalized insights using AI and algorithms. 

Hypertension 

Hypertension is a disease that affects a large number of people around the world. It is a condition in which the blood exerts excessive pressure against the arteries over a prolonged period. Patientory keeps all your medical files and records of the systolic and diastolic readings and quickly alerts you to abnormal readings.

Asthma

Knowing you have systemic vulnerabilities can help you take preventive measures against chronic diseases. Patientory integrates with the Apple Watch to monitor your activities and prevent you from triggering an attack during physical activities. In addition, Patientory uses algorithms to give a deeper insight and help check overall respiratory health from data collected. 

Benefits of Tracking Chronic Diseases

Patientory provides a safe and secure platform to share your medical information with doctors, family members, nurses, caregivers, and specialists. The data is protected as per the regional guidelines and in compliance with HIPAA standards. 

It provides solutions that improve the financial and professional state of your organization. This data is helpful for the doctor to access data in the form of graphs and charts quickly. It also helps select the appropriate treatment course for the patient according to the latest methods in any chronic disease.

Conclusion

Patientory helps patients track and monitor their chronic diseases at home accurately and safely. Empowering people by providing them access to health data and real-time analytics appears to be the best way to manage chronic diseases together with the best health care professionals.

Your Health, at your fingertips.

"For over a decade, the main problem in the healthcare industry is the issue of interoperability. The ability to access health information securely and remotely among multiple providers has always been a challenge." Chrissa McFarlane, Founder and CEO of Patientory to Outreach Initiative. 

The objective of Patientory is to provide a lasting solution to the age-old challenges of healthcare management systems. It solves the difficulties in interoperability and care coordination. It also eliminates the problem of siloed data among population health management systems.

Introducing Patientory 

Patientory is a population health data management and analytics company based in Atlanta, Georgia. It provides a distributed, secure, and private blockchain infrastructure for healthcare stakeholders using a native mobile app that helps individuals improve their healthcare outcomes. It also caters to health organizations via the enterprise software tool, NEITH.  

Due to the current COVID-19 pandemic, Patientory provides reporting, tracking, and rapid diagnostic kits. It supported Moderna with patient recruitment for the phase three study of its Covid-19 vaccine trials. Patientory has already participated in more than ten clinical trials to date. Patientory received the Innovation Grant as part of the Women Startup Challenge Grants Program for the Covid-19 tech solution.  

Patientory Products and Tools 

With its blockchain-based products and tools, Patientory enables global healthcare organizations to improve emerging technologies in the healthcare industry. The company encourages the Health IT industry to improve the electronic management of medical data records.

NEITH is one of Patientory’s products. It is an enterprise solution that targets every healthcare provider. Hospitals, clinics, pharmacies, blood banks, imaging and radiology centers, nursing homes, mental health, and addiction centers are all welcomed to use NEITH and become part of the PTOYMatrix network blockchain. 

NEITH also helps provide wholesome health care services to patients. Healthcare providers utilize data management and analytics features to provide optimal care plans to every patient. It transforms health care from simple symptom management to a wellbeing optimization system. 

The Patientory mobile dApp is a vital tool for individuals. It interacts with NEITH via the PTOYMatrix network blockchain. Currently, the PTOYMatrix network blockchain has more than 10,000 healthcare organizations operating within its framework.

Patientory Patients' Well-Being 

Patientory is among the emerging blockchain companies that focus on the full security and immutability of medical records. The platform adopts advanced technologies like machine learning, big data, and artificial intelligence. It empowers healthcare providers to produce high-quality medical services. The global market cap of the blockchain healthcare market is expected to rise to USD 1.7 billion by 2026, as per an Acumen Research & Consulting report. 

Conclusion

Patientory CEO Chrissa MacFarlane commits to contributing and providing the best solutions for healthcare stakeholders. Patientory focuses on patient-centered protocols that give advanced secured medical support to health care service consumers. Patientory's concern for health and enabling healthcare is a highly creative idea for all healthcare professionals.

Your Health, at your fingertips.

The current intervention-based healthcare system needs a more efficient, comprehensive, and patient-centric alternative. A strong, interconnected, and quick network of healthcare facilities, providers, and patients can sow the seeds for this transformation. Blockchain technology has the potential to usher in this new era. Patientory leverages blockchain technology to solve the issues of the healthcare system and provide the best care to patients.  

Patientory provides cost-effective access to health data 

Patients wish to access their health data at their convenience and make informed choices about their health. In adherence to the Government initiative, hospitals and healthcare providers shifted from paper-based to Electronic Health Record (EHR) systems. 

However, these EHR systems do not allow patients fast and secure access to their health information. It also lacks a way to transfer data securely, whether to the patient or another care provider. These systems are also limited by their user interface and usability problems that complicate data transfer.

According to Jonathan Fuchs, Patientory Association Board Member and US Ambassador, blockchain technology solves the interoperability problem of EHR systems. Using blockchain, patients and care providers can access data from any internet-enabled device from anywhere in the world. This technology is the first step to making quality health care accessible to all at an affordable cost.

The Patientory PTOYMatrix Blockchain Network aggregates medical history from different care providers and healthcare facilities in one place. The Patientory decentralized app (dApp) interfaces with the blockchain network to provide a high-performance user experience. It is easy to install, use, and runs processes faster than any EHR available anywhere else. In addition, the app is free of cost and allows free storage of data. 

Patientory protects the privacy of patient’s health data

The data stored in an EHR system is susceptible to theft and loss. The system is not entirely secure against cyberattacks. Moreover, the problems of interface and data backup can also compromise the data. Blockchain technology encrypts the data, concealing the user’s name and personal data with identifiers and providing a private key. Thus, it is immune to cyberattacks. 

Patientory complies with HIPAA to ensure the complete privacy of patient data. The middleware of the app is encrypted in a highly secure computational environment and connects to the blockchain network. 

Like a visit to a health facility, every transaction is distributed throughout the network and stored in different network computers. There is no single point of failure, and thus, patient data is secure and cannot be lost from a single system failure. 

Conclusion

Patients want quick access to their medical records. They also wish to share this data with healthcare providers to devise the best possible care plans. However, the shortcomings of the healthcare system do not allow patients to access their health data. Patients can easily access their complete medical records on the app and share them with their care providers.

Many patients fear for the privacy of their data. Patientory assures this privacy with high-level encryption and other security features. 

Patientory caters to these needs and more to everyone on the app and removes them from the problems characteristic of legacy EHR systems.

Your Health, at your fingertips. 

Proper patient care requires a cooperative effort between different healthcare stakeholders – patient, physician, nurse, pharmacist, phlebotomists, etc. This holistic care is only possible when the healthcare professional can quickly and safely access the patient’s complete medical record. 

On the other hand, patients are better equipped to make informed decisions for their well-being when their data is readily available. They also wish to receive the best available treatments from the most suitable medical practitioner for their condition. 

The biggest roadblock in patient-centric healthcare is the lack of interoperability and portability of healthcare data. Hospitals fear breaching HIPAA compliance as the privacy of patient’s data could be compromised. These breaches are usually accompanied by negative reviews and disciplinary action from professional bodies. 

To avoid these data breaches, hospitals and care facilities go above and beyond to safeguard patient data, even to the detriment of the patient. Hence, they are not in any position to make decisions for themselves. 

Patientory provides a HIPAA-compliant solution that works for all parties, especially patients who want to take active roles in maintaining their health. 

Patientory App

The Patientory app is a healthcare data exchange, tracking, and management software. It is secure, private, optimizes health, and acts as a digital health coach. The app is built on top of the PTOYMatrix network blockchain, enabling health data exchange with other entities.    

How does a Patient Share Their Medical Data?

The patient is the owner of their health data. Hence, before anyone can access this controlled data, they need to seek permission from the owner - the patient. The process usually follows this sequence:

A medical professional or institute requests data from the patient 

The HIPAA-compliant database interacts directly with the RPC server (Remote Procedure Call) or goes through a forwarding agent to the RPC. 

The HIPAA-compliant database decrypts the data and sends it to the intended public address. 

The patient authorizes the process since they are the owner of the data. 

Every entity that connects to the PTOYMatrix network blockchain can exchange health information via the above mechanism.  

Patientory Protects the Privacy of Patient’s Medical Data

Electronic Health Record (EHR) systems were adopted in hospitals for quick and easy accessibility of medical records. However, it is fraught with limitations. Patients risk losing their medical records to hacks, malicious data breaches, or system failures in legacy EHR systems. However, in a blockchain, transactions are replicated at computer nodes making the loss of data impossible.  

Patientory guarantees data safety and privacy through: 

Robust encryption of the Patientory middleware 

Date and time stamping of each transaction

Distributed nature of the PTOYMatrix network blockchain 

HIPAA compliance of Patientory’s storage space 

Patientory App Collects Medical Data

You can connect IoT devices like the Apple Watch and Fitbit with the Patientory app. You can share the data that these devices collect with your physician in real-time. Patients can also share and communicate with a community of users on the app. 

Patients face difficulties in collecting and tracking data about hospital visits and treatment history. With the help of Patientory, patients can share their medical history with a new physician within minutes.

Patientory is not limited by any regional or geographic boundaries in data sharing. It is a global system that connects healthcare professionals. Patientory launched and maintains a robust operation within the United States. The team plans to move into other countries, especially developing nations that lack digitized health record systems. 

Patientory Allows Patients to Reward Healthcare Personnel 

Patientory has a merit-based compensation system that gives patients some power in healthcare interactions. Patients can use this feature to ensure they get quality service and help other users gain insights into these facilities’ services. They can also issue PTOY tokens to professionals as an incentive for quality services provided. 

Users also receive PTOY tokens as rewards when they achieve their in-app goals.

Conclusion

The focus of the Patientory app was to give patients control of their medical data. It also aimed to transform healthcare from an intervention-centric approach to a comprehensive and holistic industry with the consumer’s interests at the heart of its operations. The app is successful in fulfilling its goals. Interestingly, Beta users of the app have reported that it meets their healthcare needs.

Your Health, at your fingertips. 

Interest has steadily grown in the healthcare online management systems, especially as private corporations, government institutions, and multidisciplinary teams work hand-in-hand to provide health care services now more than ever before. This multi-pronged approach to health care provision involves numerous applications exchanging streams of data in multiple directions. Patientory provides practical solutions that benefit health organizations, workers, and consumers.  

Patientory leveraged the distributed nature of blockchain technology to successfully create a dApp on the PTOYMatrix blockchain network. The PTOYMatrix blockchain network serves as a ledger that powers health information exchange and storage systems for healthcare providers and users. 

What is PTOY?

PTOY is a utility token that exclusively fuels the PTOYMatrix blockchain network. Both PTOY and PTOYMatrix make up the Patientory platform which goes by the same name as the Dapp.  Its utility in securing patient’s health data makes PTOY a welcome addition to the crypto market. The primary use cases of PTOY tokens are as follows:

Adjusting the allocation of the network storage

Quality assurance for healthcare providers

Payment cycles for health organizations earnings  

PTOY Token Utility to Patients

Patientory allows users to store their health data at no cost, allocating 10 MB storage space to each user. Users can also get additional storage space from hospital nodes for small fees with PTOY tokens. 

When interacting with health-related smart contracts, the user may use PTOY tokens for transactions and payments. Moreover, users can pay health providers additional PTOY tokens as an incentive for quality care.

PTOY holders can also participate in limited access exercises, such as spots in clinical trials when they become available.  

PTOY Token Utility to Healthcare Organizations

Healthcare organizations can opt-in to host the PTOYMatrix blockchain network and receive PTOY tokens as compensation. For example, when large organizations rent storage space to small healthcare providers, they receive payment in PTOY.  Healthcare providers may also use PTOY when executing smart contracts with other entities like insurance and pharmaceutical companies. 

The PTOYMatrix network provides a remunerative model that incentivizes healthcare providers that deliver quality health and wellness services. This incentivized model motivates healthcare providers to deliver better outcomes without extra financial strain on the patient.   

Other Use Cases of PTOY Token

Patientory allows users to donate PTOY tokens directly to non-profit healthcare organizations. 

Recently, Patientory signed a partnership with the Task Force for Global Health (TFGH), a non-profit organization working to achieve global health equality. Users can donate PTOY tokens from May 1, 2021, to March 1, 2022, on the Patientory app. 

How to Buy PTOY

PTOY tokens are available on cryptocurrency exchanges such as Uniswap and Bittrex. Users may store PTOY tokens on an offline or online Ethereum wallet like MetaMask or Ledger Nano X.

The value of one PTOY token is directly proportional to the volume of buy and sell orders. Therefore, as the demand for the tokens increases, their value will also increase. The price of PTOY was 0.01980452 USD on July 7, 2021, which was a massive 107.0% increase over 365 days. At present, there are 84,237,014 PTOY tokens in circulation. PTOY token has a limited supply of 100 million. Hence, as adoption and demand increase, the price of the token is bound to follow suit.

Conclusion

In the pursuit of an accessible, affordable, inclusive, and holistic healthcare system, Patientory has created PTOY, a healthcare crypto-token. These tokens will facilitate decentralized healthcare transactions and the safety of electronic medical records while offering a deflationary token that motivates every stakeholder to commit to developing the global healthcare system.

Your Health, at your fingertips.

The world is slowly moving away from conventional treatment methods and disease diagnosis. A transformational force is rising in global healthcare systems, and artificial intelligence catalyzes this paradigm shift. Partners Healthcare highlighted twelve ways that artificial intelligence might impact health care.

Patientory aims to provide health monitoring and tracking services that improve artificial intelligence technology to make healthcare more accessible and convenient. It offers superior overall treatment and decision-making techniques using artificial intelligence.

Artificial Intelligence aided services by Patientory

Since 1950, humans have helped artificial intelligence learn the human language to serve them better. About 30% of all the healthcare tasks are associated with administrative and other non-medical tasks.

However, the greatest challenge to healthcare providers and artificial intelligence advocates is interfacing artificial intelligence in minor healthcare functions and systems. Adopting artificial intelligence in daily clinical practices will guarantee more convenience for healthcare providers and the general populace. 

Health in your hands

Patientory strives to empower the consumer with precise health data that help them track and monitor their health. It incorporates Artificial Intelligence, which has been a part of the healthcare industry for the last 50 years.  

AI has a huge potential in assisting healthcare providers to reach accurate diagnoses by analyzing healthcare data collected by IoT devices. Patientory provides health tracing services that track and monitor your health in real-time. 

This data is stored and shown in statistics and graphs, making it easier for patients and healthcare providers to access their medical data. Apart from this, Patientory also provides medical administrative services to improve the financial and clinical condition of the organization. Artificial Intelligence makes these services more accurate and convenient for everyone involved.

Benefits of Artificial Intelligence in healthcare

Currently, the medical field benefits from the advancements in the artificial intelligence technology field. The use of artificial intelligence in the medical field has also increased significantly over the past decades. 

Artificial Intelligence (AI) can analyze and store large sets of patient data in a particular organization. The use of artificial intelligence can help to identify specific patterns and trends through algorithms. AI provides a future insight to healthcare providers and helps decrease the overall cost of service while making the service faster and more efficient.

Conclusion

Artificial Intelligence can provide data-driven clinical support to patients. The use of artificial intelligence can also help to identify specific patterns and trends using algorithms. It provides future insights to healthcare providers and gives preventive medicine the shot in the arm that it needs. 

Patientory improves Artificial Intelligence to provide these services and much more for individual consumers and corporate organizations.

Your Health, at your fingertips.

According to a recent study, only 29% of trial results make it into journals. Only 13% of these results are reported on the ClinicalTrials.gov page two years after completing the clinical trial. The problem of trial results accessibility and transparency goes back ages.

Benefits of clinical trials transparency 

Timely disclosure of clinical trial results offers numerous advantages. Patients suffering from life-threatening conditions can willingly enroll in the trial if they have access to past trial results, especially when they are positive. 

Trial results can serve as CME (Continuing Medical Education) to physicians and help improve medical consultation services. The shortcomings of prior research can help scientists design better protocols. Based on trial results, the participants can make the right healthcare decisions. 

Challenges of clinical trials transparency 

Regulatory authorities like the FDA, WHO and Bioethics International have established rules to ensure that sponsors disclose accurate results of trials soon after completion. 

However, stringent compliance rules of disclosure make it a daunting task. In this regard, challenges to accurate reporting of results are:

The absence of a single-source integrated system that can be updated from anywhere in the world

Maintenance of the integrity of trial recruitment by providing limited access

User-friendly dashboards that are easy to read

Ability to quickly review and approve requests for information from external stakeholders

Sharing of information disclosed on one of the global registries to omit additional approval process

Patientory SaaS platform 

Patientory is a SaaS (Software as a Service) that can overcome the challenges of clinical trials transparency and recruitment. 

Patientory allows facilitated recruitment among stakeholders without compromising patient privacy. 

It achieves this by improving the efficiency of disclosure via reducing the need for specific infrastructure since it facilitates quick, flexible, and secure access to information.

How Patientory solves the clinical trial transparency issue 

The architecture of the Patientory decentralized app enables clinical trial sponsors to disclose information with ease. The encrypted middleware can handle larger volumes of information exchange without the shortcomings of any available option. Application programming interfaces (APIs) aid quick information exchange. The HIPAA-compliant storage available on the Patientory app allows sponsors to meet compliance standards without compromising patient privacy. 

No one can access or alter trial recruitment identification  without a private key, thereby maintaining their integrity. Patientory logs trial registration time and points, hence data can be tracked. Data sharing is also irreversible because of the underlying blockchain technology. As a result, the shared information is tamper-proof to any party without exception. 

Patientory serves as a platform for patients to enroll in multiple clinical trials. It makes participant recruitment for clinical trials targeted by using e-Consenting and smart contracts. Using Patientory’s technology,TrialScope recruited participants for Phase 3 clinical trials of the Moderna COVID-19 vaccine. Hence, Patientory already solves the problem of the transparency of clinical trials in real life. Now, it is ready to deploy its solution at scale.

Conclusion 

Clinical trials and companies stand to benefit from a technological intervention to comply with transparency requirements. An advanced technological system will afford timely and efficient disclosure of actual trial results. Patientory, a SaaS, provides a viable solution for clinical trial sponsors, letting them cut through the red tape and focus on ethically advancing science and health care.

Your Health, at your fingertips.