Proof Work Health
Health and Wellness Platform
Company Overview
Snapshot
Founded in August 2017 by Guy Aharonovsky, David Sutter, and Islam Heralla, Proof Work Health operates with 1–10 employees. The company has raised $215,000 across one funding round from two investors. In December 2017, the company was featured in TechCrunch for its efforts to decentralize medical data using blockchain technology.
Business overview
Proof Work Health leverages blockchain technology to enhance the healthcare and life sciences industries. The company's core product, PROOF, connects information to create smart contracts, facilitating autonomously governed data, assigning distribution ownership rights, accepting payments, and confirming contractual obligations such as value-based care. Its enterprise solution distributes data without requiring middlemen or infrastructure changes, ensuring information is secure, private, transparent, and multifaceted. This allows healthcare incumbents and developers to build services and applications using the PROOF SDK, Oracle, and libraries, serving markets globally within the digital healthcare and clinical workflow sectors.
Strategic signal
In December 2017, Proof Work Health garnered significant media attention, including coverage in TechCrunch and Digital Journal, for its innovative approach to decentralizing medical data using blockchain. This highlights the company's early recognition for addressing critical data management and privacy challenges in healthcare, signaling its potential to disrupt traditional data infrastructure and empower patient-controlled medical records.
Log in to access full profile ›Company Intelligence Q&A
- When was Proof Work Health founded?
- Proof Work Health was founded in August 2017.
- Who are the founders of Proof Work Health?
- The founders of Proof Work Health are Guy Aharonovsky, David Sutter, and Islam Heralla.
- What is the primary focus of Proof Work Health?
- Proof Work Health focuses on leveraging blockchain technology for the healthcare and life sciences industries to connect information and create smart contracts for data governance, distribution rights, payments, and contractual obligations.
- How much capital has Proof Work Health raised?
- Proof Work Health has raised $215,000 across one funding round.
- What was a notable media mention for Proof Work Health?
- In December 2017, Proof Work Health was featured in TechCrunch for its aim to decentralize medical data by using blockchain technology.