Healthreum raises USD 15 mn in its bounty program prior to Initial Capital Offering

ANI | Updated: Feb 12, 2018 17:45 IST

New Delhi [India], Feb. 12 (ANI): Block-chain based healthcare startup on Monday announced raising USD 15 million in the bounty program of its pre-initial capital offering campaign in Estonia.

Healthureum conducted the campaign from November to December last year.

The company will now host a token generation event scheduled for February third week.

The company aims at eliminating malpractices and errors to ensure efficiency in the operational procedures of the healthcare sector.

The next initial capital offering by the company will be conducted from 26 February 2018 till 1 April 2018 with an appreciated token price at USD 3.95 from a previous USD 3.53.

"We are positive that the establishment of a decentralised framework will induce a chain reaction to rejuvenate the operational and administrative procedures in both institutions and the bureaucracy not only in the west but across countries," said Ritu Tyagi, director of marketing, Healthureum.

However, the company is further looking towards the implementation of the Alpha model of block-chain technology in the hospitals by November 2018. (ANI)