SRCOIN is a decentralized health information platform. Using blockchain technology, distributed and subscribed massage chairs are connected to decentralized network hubs that build health data platform, providing useful health information to patients, medical institutions, and research facilities. SRCOIN is a project directed to reform and improve the subscription revenue industry with merging the safety and reliability of the subscription business and the modern technology of BlockChain.
SRCOIN's purpose is to create a decentralized health information platform which provides useful health information to patients, medical institutions, researchers or any party who needs that information.
SRCoin start with the massage chair business concept. SRcoin acquires and distributes massage chairs through their rental subscription business. Those massage chairs act as a shared device which collects personal health information of each individual who uses the chair.
This platform connects the collected data into the decentralized network. Then platform converts collected information into a bundle of time series data and archive in the database.
They have introduced their own currency system name as “SRCOIN” which are to be used in platform transactions. SRCoin is an ERC20 token based on Ethereum Blockchain and will be distributed as a cryptocurrency through crowd safe. SRCoin is backed by real assets. Because of stability, the value of SRCoins gets protected.
The K Rental is a company behind the SRCOIN. The Korean-Malaysian corporation that is best known for their water purifiers product. K Rental is planning to collaborate with COMTEK to develop Wifi and Bluetooth incorporated massage chair that can measure health information such as heart rate, body temperature, and blood pressure. With this information, SRCoin will create a BlockChain based time series database for all members of the household.
This health information can be collected easily and repeated each time the member uses the massage chair, and this will yield in a robust time series database over time. Time series database will display various trends in each type of data collected.
The purpose of the project with examples
SRCoin will support health data platform to hospitals, sports centers, pharmaceutical companies and government. They can pay their fee for data usage with SRCoins or Cash.
SRCoin holders will be able to purchase any item such as water purifiers, massage chairs and other appliances from K rental using SRCoins.
The existing 14,000 subscribers and new subscribers would get the opportunity to pay their subscription fees with SRCoins.
K rental employees would get paid a compensation of value equivalent to their salaries by way of SRCoins.
If successfully executed, SRCoins will have a possibility of becoming a method of payment for related industries of K Rental.
Message chair is a shared device. With just one message chair, it can collect personal health data of all household members. They plan to collaborate with COMTEK to develop Wi-Fi and Bluetooth incorporated massage chair that can measure health information such as heart rate, body temperature, and blood pressure.
This health information can be collected easily and repeated each time one uses the massage chair, and this will yield in a robust time series database over time. Time series database will display various trends in each type of data collected. Therefore, it can be a very important source of information for early-stage diagnosis, preventive care, and other medical treatments.
Message chair already has a structure to collect useful health information,
1. Arm massager will be able to vary in pressure to collect blood pressure level.
2. Various chair positioning allows measuring more accurate health information.
3. Wifi and Bluetooth accessibility.
4. Electrical base of message chair allows IoT.
5. Can easily add devices to measure heart rate, blood oxygen level, sleep analysis, and various other types of health data.
This is an independent report generated by a Coinschedule partner company. Coinschedule has no influence over its content and the views expressed may not reflect the views of Coinschedule. This is not investment advice, you are encouraged to do your own research and reach your own independent conclusions.