Blockchains are best known as the technology behind cryptocurrencies such as Bitcoin. But the founders of a young Atlanta-based company called Patientory think they could have another important use – securing health data and empowering patients along the way.
Patientory has generated enough buzz in the blockchain community that it managed to raise $7.2 million over a three-day period last year through cryptocurrency crowdfunding. The crowdfunding resulted in 1,728 contributors who bought 70 million PTOY currency coins. The blockchain technology that the company is offering is similar to what cryptocurrencies like Bitcoin currently operate on.
–Danielle Kirsh, Assistant Editor