In 2017 Blockchain had tremendous growth and hit its peak with the exposure in mainstream industries because of the fluctuations in bitcoin price which had hit $14k in December that year. All major service industries realized the potential that blockchain carried and wished to solve their organisation problems and stand out among their competitors using its power. Healthcare is an industry that was yet to adapt into this digitalized revolution. 

Data collection and analytics could help transform the healthcare on a huge scale. 

Nano Vision has adopted blockchain and creates a platform for scientists and researchers to share their pieces of data on a global scale. They will also get paid for doing so. This is basically helping create an ecosystem to ensure disease-prevention and thus help consumers. The healthcare today is as expensive as it can get and Nano Vision is making an effort towards affordable solutions to health problems.  

Steve Papermaster the Chairman and CEO of Nano Vision who has an experience of about 30 years as a career technology entrepreneur, public policy expert and author, which even included him being the senior advisor to President George W. Bush concerning domestic and global strategy for innovation, technology and science. 

Today leading a company that provides blockchain solutions to global health issues he aims to change what the future of healthcare looks like. This blockchain enthusiast believes that an increase in regulation will be a significant advantage to the entire market.

Papermaster noticed how this increasing expenditure for medical care has become an issue for the society as a whole. Billions of dollars are being donated for research each year but the results have never been that fascinating enough.

“Certain organizations and governments are the ones getting the money for research and they are the ones deciding what the world’s priorities are. If they decide cancer isn’t a priority, they won’t focus on it”, he mentioned.

He was determined to change that. He wanted to start a business that would enable the sharing of real-time data and collaboration which would help us get real, great results. This led to the creation of Nano Vision.

The Nano Sense platform uses artificial intelligence to build connections between researchers where they can all share data and come to a common conclusion which would help the consumers know their health better and prevent diseases. It will also provide researches the benefit of getting in touch with other researchers and even guide them by finding them areas for further studies. 

Nano Vision in November announced a partnership with Arm, the world’s leading semiconductor IP company. The two groups are leveraging their knowledge bases to collaborate on developing an AI-driven chip that could fit on the head of a pin. Set to release by 2020 the chips mint a dedicated cryptocurrency that assigns real-world value to the molecular data generated by the Nano Sense platform. It will help gather information from a wide range of environments from the doctor’s office to even the patient homes.

Just like how today the digitalized world has led to the emergence of citizen journalism, this chip and cryptocurrency helps create a network of “citizen scientists” who are not professionals but still have the ability to contribute to the ecosystem. 

Nano Tokens are also available to anyone for both buying and selling which contain valuable health data in their blockchains contributing to a system that incentivizes the ongoing generation and exchange of research. Allocation of tokens to the research areas significant to them can also be done.