Overview of Simply Vital Health aka Health Nexus

Health Nexus is ethereum based blockchain developed y Simply Vital Health team. The team (See Team Details Below) already works in Health sector and have a working product called Connect Care which is a blockchain based patient audit service please have a look at the below video to understand Connect care.

Health Nexus is the second product which Simply Vital Health team is launching. Health Nexus is an open source ethereum based blockchain infrastructure which comes with health grade security. Health Grade security has 3 components

1. Permissioned

2. Validated Miners

3. HIPAA Complaint

Key Features of Health Nexus

Healthcare Grade Blockchain
Data Storage
Smart Contracts
Ease of Adoption

Simply Vital Health Project ScoreCard

This scorecard is based on Sipacoin ICO Rating Framework.

Health Nexus Simply Vital Health Deep Dive

What is the Problem they are solving

There are 2 key problems Health Nexus intends to solve

1. Health care data sharing is costly and current systems do not provide efficient ways to securelt share healthcare data amongst different players

2.Existing Open source blockchain solutions like ethereum and bitcoin do not make regulatory cut

What's the solution

Blockchain based protocol built on top of ethereum blockchain which is

1.HIPAA Compliant

2.Allows for Smart Contracts

3.Provides ways to quickly build applications

4.Secure Data Storage (Using Distributed Hash) on the platform

Business Model

Simply Vital business model revolves around enabling Healthcare applications to run on its blockchain backbone. So in a way the business model is similar to Apple store or Google play store where apps pay the platform. The Health Cash( HLTH) will be the currency on the platform

Roadmap

SWOT