Hippocrat is a Cooperative Protocol for health data collection and utilization, aiming to enhance healthcare data's sovereignty, openness, and decentralized usage. [1][2]
Named after the ancient Greek physician Hippocrates, Hippocrat aims to help individuals and healthcare providers collaborate, ensure data privacy, build trust, and facilitate innovation in healthcare through personalized services and data-driven decisions. [1][2]
Hippocrat employs blockchain technology to ensure the secure and transparent handling of healthcare data. Implementing ZK and DID technology to HPO SDK, Hippocrat enables the safe exchange and verification of medical information compliant with HIPAA regulatory mandates. Its framework supports the concept of Data Sovereignty allowing individuals to maintain control over their personal and health data, facilitating consent-based data sharing and utilization. [1]
Hippocrat provides better privacy for patients, personalized healthcare services, and the possibility for individuals to earn from their data. It also enables healthcare providers to access and share consented data easily, fostering collaboration, and improving the efficiency and cost-effectiveness of clinical research and trials. [3]
DeSci (Decentralized Science) is an emerging field that applies blockchain technology and decentralized governance models to the scientific research ecosystem. Hippocrat contributes to DeSci by democratizing access to medical data, enhancing collaboration, ensuring the integrity and reproducibility of research, and creating sustainable incentive models for patient data donation and medicine research.
Hippodoc, a component of the Hippocrat ecosystem, is a Web 3.0 telemedicine application that harnesses blockchain technology to ensure security in data transactions, data sovereignty, and payments. Hippodoc democratizes access to healthcare services, eliminating barriers related to location, economic status, and language, promoting accessibility and equality in healthcare provision. [8]
Hippocrat Labs presented Hippodoc at the 2nd Spring Symposium of the Korean Musculoskeletal Medicine held on April 6, 2024. Hippocrat Labs showcased the blockchain-based telemedicine app to doctors working at the forefront of the medical field at their sponsor booth. [8]
The Hippocrat DAO prioritizes principles of open collaboration, decentralized decision-making, and transparent ecosystem management. Its primary objective is cultivating a global environment conducive to collaboration, innovation, and responsive evolution in line with community needs and regulatory considerations. [4]
$HPO tokens serve as the native cryptocurrency within the Hippocrat ecosystem, incentivizing data sharing and utilization. [6]
HPO is a rebranded token from HUM. Following the rebranding, a hard fork to the HPO token took place in the second quarter of 2023. [6]
$HPO has a total supply of 1,084,734,273,38 of which 130,000,000 was allocated to the DAO & Community and 41,325,000 to Early ecosystem participants. [6]
Use cases include compensating data owners for sharing their health data, facilitating transactions within the ecosystem, and serving as a medium for rewarding participants and governance members involved in developing and maintaining the Hippocrat protocol and its tools. Hippocrat is developing dApps like Hippodoc and forming partnerships like Saluscare[5] to expand the utility of $HPO. [6]
On April 4, 2024, Hippocrat announced a collaboration with ResearchHub, an open-science platform to promote Decentralized Science (DeSci) and address global healthcare disparity issues through the power of artificial intelligence (AI) and decentralized healthcare solutions. [7]
As part of this collaborative effort, Hippocrat and ResearchHub launched a research bounty program on ResearchHub platform, offering rewards in cryptocurrency for researchers to conduct comprehensive research. The primary objective of this research is to identify potential populations and regions worldwide where Hippocrat’s AI-powered telemedicine application could be effectively deployed to bridge the healthcare accessibility gap. [7]
“We believe that everyone, regardless of their location or socioeconomic status, deserves access to quality healthcare,” Hippocrat stated.
“Through our collaboration with ResearchHub and the power of decentralized healthcare, we are taking a significant step towards making this vision a reality.”[7]
On March 27, 2024, SolveCare Korea and Hippocrat Labs signed a memorandum of understanding to collaborate on innovating healthcare data management. The partnership aims to improve the operation, management, and payment methods of domestic healthcare services by integrating SolveCare’s healthcare blockchain platform with Hippocrat’s patient-centered data management solution. [9]
The partnership extends beyond data integration, encompassing healthcare services and various initiatives to enhance patient experience. Both companies will engage in joint efforts to establish a comprehensive healthcare network through business development, marketing, and infrastructure. [9]
“Through this cooperation, meaningful use cases will be created for the management and utilization of healthcare data, which is expected to be a cornerstone for the use of data in the field of decentralized science research (DeSci). As the two companies are making steady efforts to innovate in the healthcare field using blockchain technology, we anticipate various synergies as well as technical advancements.” - Choi Hyunsub, Founder of Hippocrat Labs said[9]
On March 7, 2024, Hippocrat Labs signed a memorandum of understanding (MOU) with ‘Saluscare’, a company specializing in personalized precision medicine-based health management platforms. [5]
Under this agreement, both organizations will further develop Saluscare’s health checkup and prognosis management ecosystem while expanding the adoption of the ‘HPO token’ within the ecosystem. [5]
“Through this collaboration with Saluscare, which has secured the largest repository of health checkup data in the country, we’ve broadened the application of HPO tokens and created a meaningful scenario where each user maintains sovereignty over their personal health data,” a Hippocrat official explained. [5]
On February 29, 2024, Hippocrat announced a strategic partnership with Conflux Network, a state-endorsed public, permissionless blockchain project in China. The collaboration aims to revolutionize health data management and medical consultations across Asia, particularly within the Chinese market. [10]
The partnership’s primary goal is to empower remote consultations, connecting Chinese users with top-tier Korean medical specialists. This initiative promises to overcome geographical and linguistic barriers, ensuring that expert medical advice is close by. It will simplify the process for patients seeking more personalized healthcare, making cross-border consultations more accessible. [10]
On December 5, 2023, Hippocrat announced a strategic partnership with PANONY. For Hippocrat, it is an opportunity to showcase its innovative solutions on a global platform. For PANONY, this represents a strategic partnership with a decentralized healthcare project that boasts solid community backing and a network of medical institutions across multiple regions, including South Korea, the US, Vietnam, and Indonesia. [11]
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May 8, 2024
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Hippocrat Labs Presents Blockchain-Based Telemedicine App ‘Hippodoc’ at Korean Musculoskeletal Medicine Symposium
May 3, 2024
HPO
USD
HPO
USD
$0.055868
4.87%
$57,809,214.00
5.10%
$60,621,273.28
5.10%
$1,025,128.55
3.76%
$0.055868
4.87%
$57,809,214.00
5.10%
$60,621,273.28
5.10%
$1,025,128.55
3.76%