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About CareCoin
CareCoin (CARE) is a cryptocurrency associated with the CARE project, a platform that enables individuals to have self-directed control over their personal information. The project aims to facilitate the management and effective use of all human-related data, including medical data while offering diverse services for a better quality of life. Through the use of Soulbound Tokens (SBTs), which are non-transferable, users can securely manage their personal information.
there are challenges in fully utilizing personalized data between medical institutions due to privacy regulations and the lack of incentives for individuals to share their data. CareCoin seeks to address these challenges by creating a new system through Blockchain technology where individuals can store and provide private data at their discretion. With the CARE project, users can manage their data, particularly medical data, and gain various benefits from it.
users can receive Soulbound Tokens (SBTs) and CareCoin by registering their data. The SBT contains the user’s medical information, which can be shared with medical institutions when required. Past medical examination results and health conditions are recorded on the SBT and securely stored on the blockchain as hash values and on-chain transactions. Off-chain private data storage ensures the data owner’s privacy. The CARE project aims to empower individuals with control over their personal information and pave the way for improved healthcare services.
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