The Berkeley Blockchain Xcelerator incubation program has added Snark Health in a bid to ramp up its fight against coronavirus. The program promotes innovative distributed ledger technology startups. The latest addition, Snark Health, will help amplify the Blockchain Xcelerator’s efforts to reign in coronavirus pandemic.
— Snark Health (@snarkhealth) March 20, 2020
Snark Health works on COVID-19 prevention solutions by creating a framework that powers data sharing and learning. It promotes rapid data transmission and dissemination that ultimately help improve patient’s parameters. The Berkeley incubator will help scale up the Snark Health operations to enable more data sharing in real-time.
Snark Health working towards COVID-19 solutions
The blockchain industry has put its might to tackle the COVID-19 pandemic. The sector has risen to the challenge and working towards providing auxiliary and direct help to the healthcare realm. Snark Health, a blockchain-powered healthcare startup, aims to be an information-sharing platform for government agencies, hospitals, and individuals fighting at the forefront of coronavirus pandemic.
Access to the right information is crucial to winning the fight against this microscopic enemy. There are many doubts pertaining to medical, financial, operational, and pharmaceutical aspects of the coronavirus pandemic. When information flows freely across all the channels, all these doubts are cleared quickly. The startup aims to build a new framework that will act as a foundation to support the global information-sharing network that will empower health care and clinical research professionals.
Snark is planning to launch an ‘Unstructured Supplementary Service Data’ solution that will disseminate information to the areas where people don’t have access to the internet or a smartphone. Also, the team is working on a ‘Virtual Health Community’ where clinical and medical discussions will be organized by healthcare professionals. In the future, Snark Health will also launch a cryptocurrency called Hippocratic Coin, which can be benefit doctors and patients participating in the company’s data monetization program.