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Galeon, a French healthcare-based platform, is working towards connecting healthcare to blockchain.
Concurrently, the platform needs to attach hospitals and healthcare business stakeholders to share priceless medical data to assist fight ailments and different health-related points.
Galeon was created in 2016 by a physician and IT and enterprise specialists. The startup goals to create the subsequent technology of Digital Well being Information (EHR) as a medical healthcare cloud.
This primarily hyperlinks close by hospitals to 1 one other, with the potential to attach a whole nation’s hospital community.
At the moment, the platform is positioned within the anesthesia and gyneco-obstetrics specialties however by means of the second spherical of its initial coin offering, Galeon will be capable to increase and scale.
By way of the collaborative assist of tons of of caregivers, in addition to the founders, the platform was delivered to life.
The medical business on a worldwide scale could be introduced up to the mark when it comes to implementing new expertise programs. Traditionally, hospitals and medical services are sometimes centralized establishments that price a reasonably penny to make the most of.
By way of blockchain expertise and decentralization, Galeon needs to create a medical system the place all operations run easily and stakeholders like sufferers, physicians, hospitals, and researchers are all linked.
By way of this connectivity, stakeholders will be capable to share medical data that would assist save lives.
Inspecting the healthcare business
The healthcare business is under no circumstances proof against points like knowledge breaches. According to HIPAA Journal, between 2009 and 2020 within the USA, 3,705 healthcare knowledge breaches of 500 or extra have been reported to the HHS’ Workplace for Civil Rights.
A complete of 268,189,693 healthcare data have been both misplaced, stolen, uncovered, or impermissibly disclosed, in response to HIPAA Journal.
Galeon is on a mission to make the most of blockchain expertise in order that sufferers can personal their medical knowledge and select how it’s distributed.
A take a look at the healthcare market. Supply: Galeon
Blockchain and medical knowledge
By way of blockchain expertise, Galeon goals to construct a community of hospitals that may contribute towards creating the biggest structured healthcare knowledge lake.
“We now have to make use of the blockchain for its strongest points: decentralized worth sharing, decentralized governance, and an unforgeable register,” says Galeon.
Galeon’s expertise connects hospitals by means of shared affected person data. The platform is for caregivers, created by caregivers. By way of decentralized medical knowledge, healthcare staff can carry out their every day duties with ease, as data is streamlined and simply managed.
$GALEON preliminary coin providing (ICO)
$GALEON is the ERC-20 and BEP-20 utility token governing the Galeon Healthcare Ecosystem.
Galeon’s seed and first-round ICO have been each profitable, with $0.5 million and round $2 million being raised respectively.
Since December 19, 2021, the ICO entered its second spherical which is able to finish on January 9, 2022. Galeon plans to raise a total of $15.5 million.
Registration for the second round is easy. There’s a brief KYC type that must be crammed out to be eligible for token purchases.
The worth of $GALEON is $0.03 and there are 400,000,000 tokens out there. Different need-to-know data contains:
- Cliff: None
- Vesting: None
- Onerous cap : $12,000,000
- Minimal buy: $200
- Most buy: $25,000
Galeon and Decentralized Autonomous Group (DAO)
A serious drawback Galeon plans to beat by means of blockchain and DAO is an recognized inequality in medical analysis deemed worthwhile, and analysis that’s helpful but seen as not worthwhile.
Galeon explains that not all well being data has the identical worth, the rarer it’s the costlier it’s, however the amount and high quality is essential
With consent from sufferers, hospitals, and the French CNIL and GDRP, healthcare knowledge shall be valued. A complete of fifty% of the earnings from analysis contracts shall be put into the DAO treasury and can fund non-profit tasks.
Sufferers and token holders of $GALEON, the governance token of the platform, will be capable to select which tasks obtain funding.
Galeon achievements
In 2017, Galeon was one of many successful startups on the i-Lab competitors held by the French Ministry of Schooling, Analysis and Innovation within the Medical Applied sciences part.
A yr later in 2018, Galeon was chosen from tons of of startups to be a part of the HEC Paris Problem and Acceleration Program. The group then joined the HEC Paris Incubator at Station F.
In 2019, Galeon was invited to hitch the Agoranov Incubator in Paris, and in 2020, Galeon received the European contest for EIT Well being.
Galeon’s achievements in abstract. Supply: Galeon white paper
Galeon and the way forward for medical data programs
Galeon is undoubtedly going to disrupt the normal means by which medical data and knowledge are valued by means of blockchain.
With a powerful deal with funding medical analysis that’s in any other case neglected by bigger medical laboratories and corporations, Galeon is showcasing its dedication to the higher good of mankind.
By way of its ICO, Galeon will be capable to speed up its growth and assist medical staff and caregivers on a worldwide scale.
Hold up to date with Galeon right here: Twitter | Medium | Telegram (ENG) | LinkedIn | Whitepaper |
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