Hey ChrisP...send me a cheque in the mail doing ur DD 4 you This articlie from Parry I swear he took my earlier posts after being given a heads up on C. HS from Sicilian and DD'ing over the last weekend and used it once again in his newsletter content as IMO he did with V. MRS. Cuz this is near word for ward the/my entire body of work on this thread to date...migration from existing client network...to their BlockChain Sys Mgmt process underway...an enviable client list from Government Agencies and sector which means a guaranteed payday on a recurring revenue theme from which other agencies and vertical sectors will just be a natural if not by default/defacto market segment for HS to capture from others or establish as virgin clientelle going forward and that being in business as long as they have and having established decades or longer working relationships at the state federal even city and community agency levels...it creates a huge significant barrier to entry from a competitor basis.
lloks to me like he just took the posting content and changed a few words....and some story about the train and seniors talking about block chain...hmmmm?
"But there’s a real opportunity for Healthspace here, because hospitals and medical records and data storage and compliance and security is where the blockchain is desperately needed, can make the largest positive impact, and is the most difficult to penetrate from an outsider’s viewpoint."
'Medical records are a mess. Companies looking to update and upgrade health systems charge millions to do so, but the movement of your medical data from your doctor to your specialist to your hospital to you, that’s a business that, much like the health inspector business that Healthspace has been bringing into the 21st century, relies on clipboards and colour coded folders and understanding medical scribble and never EVER getting anything wrong lest a patients dies as a result of a 5 looking like a 6."
"It’s a massive cost, massively inefficient, and massively important."
"But in order to enter the health services industry with a blockchain product, a company would need to do the following:"
- "Have years of experience doing business and signing contracts with health departments. Not a few municipalities or clinics here and there, but big city health organizations that run hospitals and regulate doctors and ensure compliance of pharmacies and food suppliers and countless other industries. This isn’t easy to get, because those groups don’t take unsolicited meetings. You have to earn the right for a sit down, usually based on white papers you’ve done and prior contracts signed.
- You need existing technology and tools designed to not just help with compliance of multiple industries with regulatory bodies, but enforce said compliance, and those take years to do because, again, your target market is government bodies and large corporations, which don’t open their systems to any old Joe."
-
- "You have to actually be able to deliver a product that will be acceptable as secure, functional, efficient, and using best practices. It has to be built at the elite level.'
-
"Healthspace could put out a few news releases dropping cryptocurrency and blockchain terminology and probably get a little pop on their share price without committing themselves to anything, and a lot of companies have done that."
"Or, it could use its existing health department network and customer base, which is substantial, to open the door, while paying one of the most elite blockchain outfits in North America to deliver the actual work."
They went for the latter.
HealthSpace intends to use the initial version developed with SIMBA Chain to provide a proof of concept in order to demonstrate how audits and other regulatory checklists can be stored efficiently and cohesively in the blockchain. By doing so, HealthSpace can further integrate its existing iPad and Android apps to go beyond just government inspections and into private audits. Combining audit control software with the power of the blockchain will create a comprehensive toolset for furthering transparency between multiple parties who need concurrent access to the same chain of data, but have different rules for how or when that data is entered.
"What’s that mean?"
"In layman’s terms, Healthspace’s software can be upgraded to use blockchain tech to become not just better, but open to an abundant number of new potential end clients in additional industries."
Chris Parry Equity Guru yeah your rite Sicilian...it does feel like shades of Mission Ready Services Inc V.MRS all over again on this thread from an investment perspective for both of us...cuz like on MRS looks
like Parry is late arriving once again. he's here finally...but later than us once again.
PS Chris...send me the commision cheque here....I will split it with Sicilian 50/50