So how will the tokens be used by patients and physicians when the actual service is implemented?
Great question, BossBee! Think of PTOY tokens as the fuel of the Patientory platform. After signing up through our app, a patient is allotted space to store information for free on the Patientory network (a secure, HIPAA-compliant blockchain platform). PTOY will allow the patient to purchase extra storage space from nodes setup in their hospital's system.
Doctors (and their healthcare entities) can use PTOY to secure private health information, rent computing power, servers and data centers through a unique private infrastructure on the Ethereum blockchain. In addition, smart contracts can be executed in relation to the patient care payment cycle.
Ultimately, the aim is to reduce readmissions, make medical records more secure, and reduce overall health IT costs.
We go into full detail in our white paper, which you can
download here.