Healthereum to Hold STO

Healthereum to Hold STO

Global healthcare rewards platform Healthereum will be holding their own STO this week. The STO will coincide with the release of their beta project, HELIO.

Healthereum, a blockchain-based platform for patients in the healthcare industry, will be holding their own STO. STOs in the healthcare industry are still relatively rarer than other sectors, so if successful Healthereum may set a new precedent. The STO will be selling HLTH tokens.

The STO will occur at the same time Healthereum releases their HELIO platform which is currently in beta version. The HELIO platform runs on Healthereum Utility Tokens (HEALTH) which allows for communication between healthcare practitioners and patients. Patients receive token rewards for completing tasks like surveys, reviews, and verifying appointments. The data collected will be used to improve the healthcare system. It should be noted that HEALTH is the utility token for the HELIO platform and HLTH is the security token. Only HLTH will be offered during Healthereum’s STO.

The HELIO dApp will also rely on biometric authentication. This means that users will be able to access a host of information that is extremely sensitive. This additional security feature will prevent theft. Additionally, Healthereum plans to implement a patient feedback channel, rating system, emergency services, and various other advanced features.

The Healthereum STO

The STO itself begins $0.10 per HLTH token with each token representing a single non-voting unit. Crowdfunding is currently underway.

Healthereum is not the first company in the health sector to hold an STO. Agenus Inc. had a token offering for their own biotech platform. Verseon did as well last month. So, we may begin to see more companies involved in biotech and healthcare begin to join the security token sector. Healthereum’s goal is to make the next time you visit a doctor require you to use a dApp. Let’s see if they can make their vision a reality.

Image courtesy of Healthereum.