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All healthcare data like medical history, predisposition to certain illnesses, DNA data, etc are stored in a very disorganized fashion in multiple databases that have little to no backend connection to each other. Which makes it harder for medical professionals to make a timely diagnosis and start treatments. Another major industry that gets affected by the compartmentalized format of storing data, is the medical research, and drug development fraternity.
Because of the lack of reliable data at their disposal, a lot of drug developments are hindered and eventually abandoned. While there is a requirement for a decentralized database to store global healthcare data, there have to be equal measures taken for securing it. Which is where the blockchain comes in. So what the Shivom project aims at, ultimately, is to have a globally accessible database of healthcare information and data that is safe, secure and reliable.
Which further helps the drug industry to come out with effective products to cure the illnesses that, till now, have no standing cure. Will effectively bring down the price of quality healthcare Because of the disarray in the way data is stored in the healthcare industry, organizations like the FDA suffer because it prevents them from doing their job. The use of the blockchain also ensures that all the data that they receive is genuine and has not and cannot be tampered with.
By taking genomic data and putting it on the blockchain, Shivom ensures that the data that is added is real, cannot be modified, deleted or audited and reinsures trust in the data provided. Which in turn makes drug trials more successful and objective, which further brings down the cost of medication and treatment because of its existing and proven track record during the course of development.
Public Appraisal One of the major problems that common people face with things like identity and data storage is its security. There have been a number of instances where governments have information about their citizens hacked because of the ease with which the lax security measures can be scaled. Which will be a problem that Shivom, when widespread adoption starts, will have no problems with because of its blockchain use-case.
For the collectors of memorabilia, it is a unique chance to literally own pieces of their favorite social media influencers, athletes, musicians, or movie stars. A part of all proceeds will also be invested to build the OMX healthcare crypto ecosystem to revolutionize global healthcare systems, providing an opportunity for everyone to harness the potential of an equitable and truly borderless healthcare economy. The ecosystem will drive adoption, facilitate partnerships, ensure stakeholder accountability, and help to grow the global OMX token-based health community, particularly in emerging healthcare systems.
The company expects the first sales in early May. Interested parties can already sign up on the NFT website. The Shivom platform operates with smart contracts for adding business rules, automation, data provenance, access permissioning, audibility, and establishing trust through decentralized data logging. Shivom also provides an epidemic preparedness solution designed to generate research that enables rapid health responses to the current COVID pandemic as well as to future pathogen outbreaks.
What is Shivom? Shivom is a product and platform that aims to make healthcare a more contributory and collaboration driven industry. By allowing patients a safe and secure environment to store their health records and DNA data and at the same time providing concerned industries the reliable data they need to make effective products, the Shivom platform aims to make healthcare records more accessible at the same time, auditable.
Fixing a broken healthcare system People at Shivom believe that the current healthcare system that is being used globally is broken and needs some massive reformatory fixes. All healthcare data like medical history, predisposition to certain illnesses, DNA data, etc are stored in a very disorganized fashion in multiple databases that have little to no backend connection to each other.
Which makes it harder for medical professionals to make a timely diagnosis and start treatments. Another major industry that gets affected by the compartmentalized format of storing data, is the medical research, and drug development fraternity. Because of the lack of reliable data at their disposal, a lot of drug developments are hindered and eventually abandoned. While there is a requirement for a decentralized database to store global healthcare data, there have to be equal measures taken for securing it.
Which is where the blockchain comes in. So what the Shivom project aims at, ultimately, is to have a globally accessible database of healthcare information and data that is safe, secure and reliable. Which further helps the drug industry to come out with effective products to cure the illnesses that, till now, have no standing cure.
Will effectively bring down the price of quality healthcare Because of the disarray in the way data is stored in the healthcare industry, organizations like the FDA suffer because it prevents them from doing their job. The use of the blockchain also ensures that all the data that they receive is genuine and has not and cannot be tampered with.
By taking genomic data and putting it on the blockchain, Shivom ensures that the data that is added is real, cannot be modified, deleted or audited and reinsures trust in the data provided. It also lets celebrities donate a portion of their proceeds to charities, providing their fans with an exclusive opportunity to own unique memorabilia. Many experts expect NFTs will play a central role in the healthcare data sharing economy, and Shivom is at the forefront of this revolution. Also Read: Bonds.
Proceeds from the sales are shared with charities and research projects tackling genetic diseases that plague humanity. Sharing health data will help the global science community in its mission to understand, prevent, detect and better treat disease. Producing NFTs out of their genome, celebrities are offered a completely new way of giving something back to their fans and at the same time being able to raise money for the greater good.
For the collectors of memorabilia, it is a unique chance to literally own pieces of their favorite social media influencers, athletes, musicians, or movie stars.