Rhiza Health empowers a community to collaborate using decentralized (web3) technologies to improve the systemic issues that contribute to the $1T wasted in the U.S. healthcare system each year. Community members utilize web3 technologies and processes to ensure solutions are open, community governed, equitable and sustainable utility for the industry.
Create decentralized (web3) protocol(s) that bring efficiency, transparency and community empowerment to Healthcare. Data exchange and the medical claims process need web3. This was true for claims in 2016 when this whitepaper was selected as one of the winners of the ONC/HHS whitepaper challenge, but the technology was not ready. The technology is ready now.
Healthcare needs to lay down some new technical “roots”. Rhiza – comes from the Greek word for root. It is pronounced “rye-za”. Some scientist believe trees communicate via roots “mycorrhizal networks” - source
Decentralized technologies are offering other industries between 3X and 6X
efficency improvements. Healthcare should expect an even larger overall
efficency gain due to size and scale of current friction points.
Rhiza Health offers a decentralized community owned approach.This differs greatly when compared to profit seeking incumbents. Community ownership, as demonstrated by other successful web3 efforts, empowers Rhiza to act as a utility for the industry. Healthcare suffers today from greedy, rent seeking companies that add waste to the overall system. If you want to learn more, follow us on Twitter.