Fusion Blockchain heralds NTC token

Fusion Foundation announced its collaboration with Nimbus-T, a healthcare platform that provides secure identity management. This development was reported on 15 August.

Fusion Foundation shared its credentials as an organization building the next-gen infrastructure for worldwide decentralized finance. The blockchain firm also noted Nimbus-T as an enterprise operating in the healthcare sector to prevent fraud, improve interoperability and foster data integrity. As part of the offering, Nimbus-T would issue the NTC utility token on the Fusion blockchain to support transactions and data transfers on their application.  

Fusion Foundation further added on the technicalities as – 

“Fusion’s interoperability protocol known as Distributed Control Rights Management (DCRM) is currently being enhanced by a team of well-known cryptographers and is due to be unveiled later this year. The technology will enable Nimbus-T to connect with existing healthcare infrastructure and blockchain systems while empowering patients to maintain privacy and control over their health records and medical identities.”

Jose Bolanos, CEO of Nimbus-T expressed their efforts towards evaluating numerous blockchain projects to identify the best fit to support the development need. Jose further added that they finalized on Fusion because of its innovative feature set and unique interoperability solution. Dejun Qian, Founder, and CEO of Fusion opined that Nimbus-T was introducing innovative new infrastructure to support patients and hospitals.

Nimbus-T-will-issue-the-NTC-utility-token-on-the-Fusion-blockchain-to-support-transactions

Top personnel met while signing the largest blockchain project for the Southeast Asian region which would influence blockchain’s role in healthcare. dClinic commenced by informing that the deal was worth 140 million U.S. dollars, signed by dignitaries from Batam and the Indonesian Government. Stakeholders of healthcare especially the providers and consumers would benefit from the development.

In a press release, Solve.Care, a global healthcare platform announced its partnership with pharmaceutical company Boehringer Ingelheim to launch a care network for patients with diabetes. Solve.Care headlined that the Diabetes Care Administration Network would provide patients and providers with information about diabetes.

Fusion Foundation sustained by adding that Nimbus-T’s patented technology helps patients to create quick response (QR) code. This code can be used as a global healthcare identifier. The blockchain firm noted that the QR code could be stored on paper, mobile or ID card. The code also manages all relevant patient information for medical documentation, genomic health, and insurance information. 

Fusion Foundation finally conveyed that the QR code would be registered and managed on the Fusion blockchain. The code would be distributed via the NTC token, enhancing security while also facilitating seamless information transfer.