Enhancing Data PrivacyAnd Transparency
ELARA’s cryptocurrency LARA is integrated with the Health-Connect platform to enhance data privacy and transparency. LARA is developed on the Binance Smart Chain using BEP-20 tokens. These tokens set the rules for transaction approval, token transfer, and access to token data.
Unlike a centralized system, decentralized blockchain technology enables patients to control their data without relying on third parties. Patients will retain ownership of their health data if third-party systems fail or stop existing. ELARA’s smart-contract development in partnership with the Health-Connect platform eliminates the operations interdependence between medical records and health systems.
Health-Connect establishes an open and secure data pool that enables interaction between patients and healthcare providers. Creating a data repository that will enhance networking between patients and healthcare providers is part of ELARA’s ambitious plan of developing a universal health and wellbeing ecosystem.