BLOOMFIELD, Conn., Dec. 14, 2017 /PRNewswire/ -- SimplyVital Health (SimplyVital), the healthcare blockchain company developing Health Nexus, an Ethereum-based blockchain protocol safely adoptable by healthcare, has successfully passed its key pair system token utility smart contract audit by the Hosho Group. The successful audit allows SimplyVital to begin closing their SAFT process and open their whitelist email collection process on December 27, 2017.
As a part of the whitelist process, the minimum contribution is 1 ETH and open to all contributors, accredited and unaccredited. This opens SimplyVital to accept contributions from a larger share of the crypto community, which has already shown tremendous support for SimplyVital's vision of a better healthcare data ecosystem.
"Working with the Hosho team was a great experience from start to finish," says SimplyVital co-founder and CTO Lucas Hendren. "Hosho put our smart contracts through the paces, identifying errors that we immediately fixed. We now have validation that our smart contracts are secure and will do exactly what they're designed to do."
With the meteoric rise of cryptocurrencies such as Bitcoin, and the parallel rise of fraud in the cryptocurrency market, having an audited smart contract is paramount to instilling contributor confidence in a volatile market. SimplyVital has already achieved HIPAA compliance for its ConnectingCare platform, and is building Health Nexus to the same rigid standards.
SimplyVital's successful pre-sale will continue to accept SAFTs with a 60% pre-sale bonus until December 21st. The whitelist email collection process will open December 27 and run for at least 30 days. This will allow a much wider range of contributors from across the globe to lend their support to SimplyVital's vision of a better, blockchain-based healthcare data sharing ecosystem.
"We have seen tremendous interest in our token sale, but wanted to guarantee our contributors the confidence they deserve," adds Hendren. "With our audit and HIPAA compliance now in place, SimplyVital is, simply put, the best-vetted blockchain healthcare company out there."
About SimplyVital Health
SimplyVital Health is helmed by Katherine Kuzmeskas, one of Fortune's 34 Leaders Who Are Changing Healthcare, and Lucas Hendren, a world-leading blockchain developer. SimplyVital Health is holding a token sale for Health Cash (HLTH) in order to catalyze the growth and security of the ecosystem and provide rewards for the miners who maintain the network. Learn more about the forthcoming HLTH token sale at tokensale.simplyvitalhealth.com.
Media Contact: Christopher DeMorro, 1-860-575-0455, firstname.lastname@example.org
SOURCE SimplyVital Health