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Decentralized Healthcare Platform MintHealth Selects KoreConX for its Digital Securities Offering
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According to an announcement dated June 12th 2019, global healthcare platform MintHealth has chosen KoreConX and its KoreProtocol to launch its upcoming Digital Securities Offering.
MintHealth Partners with KoreConX for Digital Securities Offering (DSO) Explained
MintHealth was created by three doctors— Dr. Samir Damani, Dr. Vishal Verma, and Dr. Jean Balgrosky— to create a patient-centered healthcare ecosystem utilizing the benefits of blockchain technology.
They will soon be launching a Digital Securities Offering (DSO), also referred to as a Security Token Offering (STO). They have selected KoreConX and its KoreProtocol to power its offering.
With the underlying KoreProtocol, MintHealth shareholders will have access to portfolio management. MintHealth will also be able to manage investor relations by sending reports, news releases, schedule shareholder meetings, and provide online voting services.
MintHealth Co-Founder Dr. Vishal Verma says the firm selected KoreConX due its prioritization of compliance and investor protection:
“As a blockchain-based company, we know the importance of a digital securities protocol that is robust, secure, fully-compliant as well a platform that can manage the entire lifecycle of the protocol and the company. That’s why we choose the KoreConX all-in-one platform and the KoreProtocol because we know that Oscar and his team have compliance and investor protection as priorities. And that’s what we want for our investors.”
Oscar Jofre, Co-Founder and CEO of KoreConX, commented,
“We are truly glad that more and more companies are starting to realize the transformation that comes with blockchain, as a powerful way to secure sensitive data. MintHealth is not only using this technology to change the health industry, but also to transform their way of doing business. We are thrilled that they chose the KoreConX all-in-one platform for their Digital Securities.”
What do you think of MintHealth selecting KoreConX to launch its upcoming digital securities offering? We’d like to know what you think in the comments section below.
Image courtesy of KoreConX.
Tim Fries
Tim Fries is the cofounder of The Tokenist. He has a B. Sc. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim served as a Senior Associate on the investment team at RW Baird's US Private Equity division, and is also the co-founder of Protective Technologies Capital, an investment firm specializing in sensing, protection and control solutions.
