Bounty0x Spotlight Article — Minthealth.io

The Minthealth.io bounty campaign is currently live on alpha.bounty0x.io here

Bounty0x recently interviewed Courtney Hooton

Director of Communications and Corporate Alliances from Minthealth.io. MintHealth is a global, decentralized health platform that aligns healthcare stakeholders around the shared goal of patient empowerment and improved clinical outcomes, at lower costs.

Please tell us a little bit about your background? How did you get involved in the crypto space?

There exists today a global healthcare crisis, where 40 out of 56 million annual deaths occur from preventable, chronic conditions such as cardiovascular disease and cancer. Importantly, 80 percent of all heart disease, diabetes, and stroke can be prevented by modifiable risk factors including obesity, smoking, and a sedentary lifestyle. This is a global problem because in developed nations like the U.S., over 3.5 million seniors are turning 65 every year, with 90 percent having at least one chronic condition. In developing nations, the expanding middle class is a major contributor to the chronic disease epidemic.

At MintHealth we believe blockchain technology will help solve for existing healthcare challenges by enabling a self-sovereign, secure, and freely flowing health record. We see blockchain as the solution for moving patients towards a more informed, proactive approach to their health. Blockchains can underpin the secure housing and immediate transfer of data to ecosystem participants without the need for intermediaries or clearinghouses to adjudicate permissions.

Smart blockchain contracts will allow for immediate data transfer to pre-determined entities, or in emergency situations, a durable power of attorney could add permissions to a smart contract. In short, blockchain eliminates middlemen and allows for seamless and secure transfer of data/information.

As a bounty host, what types of bounties do you need completed?

We are looking for security flaws or bugs in smart contract code

What tips do you have for the bounty hunters that would like to complete a bounty for your company?

There is one known exploit. If the contract status is ReadyToUpgrade or Upgrading, and UpgradeAgent is set, we are aware that it possible for tokens to be misdirected. This issue is not eligible for bounty

How do you see the future of bounty campaigns and how can Bounty0x help?

More people involved! The concept is fantastic, it is all about teamwork, and working peer to peer to solve problems and drive solutions.

What excites you most about the crypto space right now?

The ability it has to disrupt so many industries. At MintHealth we are excited about how blockchain technology is poised to transform healthcare.

Where do you see the crypto space heading in the next few years?

Becoming the new normal, and transforming several industries-driving seamless processes, providing new security.

For those of us who aren’t familiar, please tell us about your project (problem it solves, team, background, stage of development, roadmap, etc.)

MintHealth is leveraging blockchain technology to empower the patient with a global, holistic record of their medical data — giving them a self-sovereign health identity that they can use to control and seamlessly share their medical records with doctors, hospitals, urgent care, friends and family in a secure, permissible, HIPAA compliant environment. MintHealth will leverage blockchain technology for federated medical record sharing across multiple platforms in a decentralized fashion.

Once this health record is unified, the platform can unlock the power of this data to engage patients with daily, highly personalized reminders that drive awareness and behavioral change through doctor guidance, social support and gamification. The vidamint token will be used to reward and incentivize patients for completing healthy behaviors. MintHealth will also create an ecosystem of partners for patients to redeem tokens for discounts on insurance premiums and healthcare goods and services.

Healthy patient behaviors translate directly into lower costs for insurance carriers. The co-founding team has documented case studies (through MD Revolution, one of the co-founder’s prior businesses) that demonstrate, for example, $3.5 million in savings (5x ROI) for an insurance carrier who interacted with patients daily through an engagement platform. Thus, insurance companies will be the predominant purchasers of tokens in the secondary market and drive demand and upward pricing pressure for the token. All vidamint token reward transactions will be tracked and adjudicated by blockchain

In the second phase of development of the MintHealth ecosystem, patients will have the ability to make their data available to third parties (pharma and med device companies) to enhance research and development of new treatments, in exchange for vidamint tokens. A non-profit foundation will play a critical role in defining the policies and procedures that govern the use of this data. Because patients have ultimate sovereignty over their health record, they must also have the ability to influence, guide and approve these data use policies. To address this need, holding a balance of vidamint token will provide the patient with a right to vote on data policies proposed by the foundation. The vidamint token is necessary because possession of the token creates a unique access right to vote and signals that the patient is invested in the MintHealth ecosystem and its policies on the use of data.

Where can I learn more about Minthealth

Website

Blog

Bounty Page

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