Overview

BurstIQ is a global data exchange that enable change in every facet of the health and healthcare industry.

Project stage

Only a whitepaper

Detailed description

The BurstIQ platform leverages blockchain and machine intelligence to enable data from disparate sources to be brought together in a single, unified data repository, and to be shared quickly and easily while still maintaining HIPAA compliance. However, the platform goes beyond a simple health information exchange (HIE) or personal health record (PHR). BurstIQ has built an ecosystem where individuals can fully manage their data: they can share it or use it in exchange for access to products and services they care about. 

A platform where: 

  • Individuals can access all of their health data in one place, and control who sees it and how they can use it. 
  • Providers can see a complete view of their patients’ history, including out-of-network encounters, prescription fills, and lifestyle information, and can eliminate the administrative burden associated with medical record transfers. 
  • Health systems can create more powerful decision support systems using comprehensive data, AI and deep learning. Patient acquisition and retention can be through targeted marketing of service lines. 
  • Insurers and self-insured employers can create personalized wellness plans based on deep learning and machine intelligence, saving costs, improving outcomes and increasing productivity. 
  • Biotech & pharmaceutical companies can find participants with the best genomic, proteomic or medical profile for their clinical trials and interact with them directly,eliminating administrative challenges and significantly reducing trial risk. In-market products can be specifically marketed to highly receptive audiences. 
  • Researchers can find and access the people and data they need to support their research, and collaborate with other researchers to explore new ideas. 
  • Digital health companies can increase the intelligence of their products with deep learning and AI. Products can be marketed directly to the most receptive audiences.

Problem

  • Health data lives in silos, with little or no integration to other data sources,
  • HIPAA regulations, while valuable and necessary, make it extremely hard to efficiently combine and share data between people and organizations who need it or would greatly benefit from it, 
  • People often have limited access to their own data, and it is often difficult to understand even if they can access it.

Solution

BurstIQ has solved two fundamental challenges that have, until now, prevented blockchain from being utilized in the healthcare space: support for large volumes of data and ensuring security of the underlying data. The result is a transformational platform that is able to ingest and coordinate Big Data across disparate sources, manage complex data permission structures and perform nearreal-time data transactions. 

However, BurstIQ’s vision goes far beyond powering data transfers between health entities. Health data will be the currency of the future, and that you should own your data. You should be able to protect it, share it, sell it, donate it, and use it to enhance the products and services you use to live your life. 

BurstIQ is building an ecosystem where biotech and pharma companies can market their treatment products to the people who would benefit most from those treatments, where researchers can reach the right participants for their research or clinical trials, where wellness programs and insurers can offer individualized benefits to their plan participants, where health systems can market service lines to the most receptive audiences. 

Features

Big Data & Intelligence
Machine learning, AI, swarm intelligence and the Network Effect.

Consent & Sharing
Securely share customized data sets with customers, partners and stakeholders.

HIPAA & GDPR Security
Leverage distributed blockchain to provide best-in-class data security.

Multi-Token Exchange
Plug-and-play multi-token transaction and exchange services.

Global Marketplace
Access to a global network of products, customers, partners and data sources.

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : BIQ
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 BIQ
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :700,000,000 BIQ
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    Oct 31, 2017

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      26 Sep 00:00 UTC
      31 Oct 00:00 UTC
      0.12 USD 5% - 20% - Uncapped Uncapped
      Public Pre-sale — Ended
      19 Sep 00:00 UTC
      26 Sep 00:00 UTC
      NA 25% - 35% - Uncapped Uncapped
      Private Pre-sale — Ended
      01 Aug 00:00 UTC
      18 Sep 00:00 UTC
      NA No - Uncapped Uncapped
      Public sale

      Week 1: 20%
      Week 2: 14%
      Week 3: 10%
      Week 4: 5%

      Public Pre-sale

      $10,000 - $49,999 - 25%
      $50,000 - $99,999 - 30%
      ≥$100,000 - 35%

      Read more about vesting and bonus
      • Team

        • Frank Ricotta photo
          Frank Ricotta
          CEO
        • Brian Jackson photo
          Brian Jackson
          Operations
        • Tyson Henry photo
          Tyson Henry
          Data Science
        • Jeff Webb photo
          Jeff Webb
          Platform Architecture
        • Brian Huber photo
          Brian Huber
          Web Development
        • Amber Hartley photo
          Amber Hartley
          Corporate Developement
        • Mike Gionfriddo photo
          Mike Gionfriddo
          Strategy
        • Dallas Haselhorst photo
          Dallas Haselhorst
          Security
        • Ben Yablon photo
          Ben Yablon
          Compliance
      • Advisors

      Roadmap

      • 2015
        • Company formed
        • Initial Seed Round
        • Major University Partner
        • Secure Data Grid And API Test Release
        • 500 Stratups Batch 17
      • 2016
        • Analytics and Visualization Tool Kit Test Release
        • Life Science Services Partner
        • Biotech Partner
        • Revenue Cycle Analytics
        • Platform Controlled Release with 100+ Analytics Insights
        • LifeGraph TM
        • Data Verification Ledger Test Release
        • Insurance Marketplace Pilot
        • Chat Bot Pilot
      • 2017
        • 20B data points processed in previous 12mo.
        • BurstChain TM Consent Contracts
        • CloudOps, Amazon, Azure, Google, Private
        • Precision Medecine JV
        • BiQ
        • Platform Production Release
      • 2018
        • Precision Medicine Marketplace
        • Team Scale Up
        • Data Marketplace
        • Swarm Deep Learning Pilot Release
        • HealthWallet TM
        • Benefits Marketplace
        • Public BurstChain TM with advanced Data Cloaking

      Activity