The Digipharm ICO is set to start shortly with their pre sale starting on the 1st of May.
https://www.digipharm.ch
The potential for combining aspects of healthcare with blockchain technology is massive, and there are a number of companies and projects out there that are running along those kinds of lines. However, as there are various options out there, it also stands to reason that a new kid on the block has to seek to offer something slightly different from the rest, or perhaps resolve an outstanding issue that has so far not been resolved.

Well, step forward Digipharm, and as they are having their ICO it does mean that it is worth checking out what they are offering before you press ahead and think about investing in the project.

What is Digipharm?

The new project has stated that they see a number of issues surrounding the global healthcare service that they can help to rectify. Their main focus is on the delivery aspect as they state that the current options are just not efficient enough or capable of doing an adequate job. This, in turn, leads to a substantial amount of wastage and it can also lead to individuals suffering from poorer health as a direct result of the issues that plague the entire system.

They note that the costs associated with providing healthcare are increasing, and yet with so much money being wasted they believe it is time for another solution to step forward.

Their approach is to use blockchain technology as well as Smart Contracts to provide healthcare providers with a way to offer far more flexible pricing for products and services. Not only that, but they are also opening up the possibility of patients being able to share their own personal data via their platform with them then being rewarded in the way of tokens when companies wish to effectively purchase their personal data for use in their own research.

The Technical Aspect.

Digipharm plans on being a central hub through which manufacturers, producers, national bodies, insurance companies and patients can all exchange relevant information and send digital tokens as a payment for doing so.

The platform us built upon Ethereum, so this is going to bring in the possibility of you taking advantage of the security and stability that tends to come from this platform. Considering what it is offering, there’s no doubt that security is going to be paramount if people are to trust putting their data on this kind of platform as well as making sure that things are delivered as promised.

This is all created via the use of Smart Contracts that offer the security as well as making sure that both sides are aware of the transaction, and that they are able to fulfil their side. Also, for the sake of exchanging the data, there is the advantage of it all being anonymous. Furthermore, the user is able to decide on the different data pieces that they can send to users, and this is also able to be achieved via the Smart Contract.

The Advantages of Digipharm.

Upon closer inspection of the services and products on offer, you can easily determine the way in which there are a number of advantages when it comes to Digipharm. By offering clarity on the delivery aspect along with the way that users can go ahead and make money from their data.

Previously, companies were able to make money from selling data of their patients with the individual being cut out of the proceeds. That is going to change thanks to Digipharm and because of the way in which data can be shared, it does mean that companies will be able to fine-tune their approach to research, which is never going to be a bad thing. Doing it all via the blockchain will also speed up the process at which data can be transferred.

The Financial Aspect and the ICO.

For the financial aspect, the company has stated that a total of 100,000,000 tokens are going to be minted, and a total of 50% of tokens are to be released for the ICO. The ICO price has also been set at an exchange rate of 1 DPH for $1. They have noted that they have the target of 50,000,000 DPH being sold, which is certainly going to be a reasonable target for it to meet.

Aside from those details, there are relatively few points that are known because, at the time of writing, it is still before their ICO and they will be revealing additional figures later.

Overall Conclusion About the Product and the ICO.

So, should you think about investing in this particular ICO? Well, the product that they are going to be offering does have potential because if they can reduce the costs and make delivery of healthcare related products more efficient, then you can see how providers would look at using the platform.

Of course, they do still have the same issues as other similar projects in getting more than enough companies and individuals to turn to their platform due to the advantages that it can bring. That is why they are providing a significant amount of the income from their ICO on the marketing aspect since that will be key to everything taking off in the way that they hope.

There is nothing difficult or complex about the technical side of things, and by them using Ethereum at this point, it does mean that there is that security aspect that will forever be key when it deals with health aspects. This ofcourse also means you'll be able to store your tokens with Ethereum based wallets such as MyEtherWallet.
With the very real potential of this project developing into something special, the investment could turn into being profitable for you if you do indeed go ahead and partake in the ICO.

The fact that there’s no minimum investment being touted around does also mean that there is the chance for you to go ahead and dip your toes in the water without running into problems. Digipharm has an extensive amount of experience in their team that bodes well for their future, and as long as they put the investment into the correct areas, then you could hear of Digipharm for some time to come.
Website: https://www.digipharm.ch
Whitepaper: https://digipharm.ch/docs/DigipharmWP.pdf

Check out some of my other ICO Reviews:

Shivom: https://steemit.com/crypto/@dan90/shivom-ico-review
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