Health FX: ICO Review

What is Health FX?

The health industry has a lot of issues lately. For example, the healthcare system is very complex and identifying the best care options within the private providers, and vast governments start to increase in difficulty.

With over 8 years of success within the medical industry, the project founders plan to create a modern technology solution that helps a user with records management, optimized patient-practitioner matching, insurance and payment claims.

health fx icoHealth FX’s platform is made to replace traditional healthcare models by matching the best care provider to the patient’s needs. As a result, it creates a system that connects them to the largest of health professionals in Asia. And Health FX plans to expand their network globally so that everyone can receive the proper health care that they need.

HFX Token will extend its wide networks and extensive knowledge in medical treatment by launching a blockchain platform that insurance providers, healthcare providers, and consumers. They have a set of core technology competencies that deliver interconnected, and distinct advantages to the stakeholders.

Health FX demonstrates the capabilities of Artificial Intelligence, Machine Learning and blockchain technology. By doing so, the platform will provide decision-making capabilities, in-time validation, and predictive capabilities. Hopefully, the project will improve the lives of everyone globally.

Aspects

Here are the main purpose of using HFX Tokens. These are the following purpose of the token which is used for the product roadmap:

  1. A consumptive cryptocurrency token that helped users access tokens within the platform.
  2. Loyalty tokens to reward people who use the platform. This allows users to earn more by performing activities within the ecosystem.
  3. Store of value, which helps providers obtain credits in Health FX’s platform.
  4. A value of exchange medium where providers can invoice their services with HFX tokens.

Token Metrics

  • Website: View
  • Whitepaper: View
  • Fundraising Goal: 38,000,000
  • Maximum Token Supply: 1,000,000,000

Bounty0x profile: @jeremycole

Positives
  • Decentralized Health System: Health FX will make the healthcare system easier for users to receive the care that they need.
  • Transparency: Health FX has an efficient system that is reliable to each user. It provides a timestamp to show any change in data.
  • Record Storage: Health FX helps users keep their records stored and can be accessed at any time. Patients and providers have up-to-date records which can be used to help doctors accurately diagnose their illnesses.

Negatives
  • High Competition: There is a multitude of health projects that have the same goal as Health FX. This ICO will have to make an innovative product to ensure to increase its market share in the cryptosphere.
  • Global Expansion: While HealthFX has started in Asia, we’ll have to see how the project would expand into other countries to ensure that it reaches a wider audience.

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Jeremy Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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