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The past couple of years has seen data play an important role globally. In fact, some industry experts claim that data is now more valuable than oil. This perspective is visible through the data-driven approach employed from a variety of economic sectors, including education, agriculture, defense, and more. This approach is adding a lot of value as it helps identify upcoming trends, understand user behavior, and, most importantly, eliminate bottlenecks affecting growth.

In light of this sweeping change, the medical sector has remained largely immune or resistant to it. While this sector is continuously evolving to develop solutions for emerging medical problems, it falls flat when it comes to storing and sharing data. Instead, the healthcare industry has become notorious for using legacy systems as well as investing in data silos. This proves counter-productive as it renders the recorded data useless as it lacks interoperability and becomes a sitting duck for hack attacks.

Additionally, patients, especially medical tourists (patients who travel abroad for better healthcare options), cannot derive any value from their data. Instead, this results in more expenses and effort from the patient’s end, and they are helpless as they have no control over their own data.

However, this inefficiency does not have to continue over to the new year. Selenium Coin, a next-generation platform, has developed an ingenious solution to address this issue. By leveraging blockchain technology, Selenium Coin will be able to offer a decentralized, immutable, and transparent platform to not only patients but also to other stakeholders in this industry.

Here’s how Selenium Coin blockchain technology will benefit the healthcare sector:

Unified and Digitized Platform: All relevant data will be stored on a single platform, thus allowing different users to access it without restriction.
Patients are Empowered: The patient will be able to exercise more control over the data, be able to set permissions with regard to data sharing, and will also know who has accessed their data.
Encryption of Records: All data will be stored in a systematic fashion, and cryptography will be used to encrypt records.
Interoperability of Data: Today, data needs to be mobile and complaint with a number of emerging technologies. Selenium Coin ensures that all data stored on the platform will support Internet-of-Things (IoT) and Artificial Intelligence (AI) integration.
Better Transfer Options for Data: Users can transfer the recorded data instantly without having to worry about geographic restrictions or security risks.

In order to fund the project, Selenium Coin will be taking the IEO or Initial Exchange Offering route. Here, the Selenium Coin token (SLC) will be listed on reputed cryptocurrency exchanges after thorough scrutiny. SLC is an ERC-20 token and possesses a lot of utility value. Holders of SLC token can use it to access services, settle payments, transfer funds, and much more. Register for the Selenium IEO today!

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