Patientory
Crypto Overview
Overview
Patientory is a healthcare-focused blockchain platform that aims to enable secure storage and transfer of medical records. The PTOY token is designed to facilitate transactions within the Patientory ecosystem, allowing healthcare providers and patients to securely store and access medical data.
Purpose and Utility
The intended purpose of PTOY is to serve as a utility token within the Patientory healthcare ecosystem. Users need PTOY tokens to access storage space on the platform and execute smart contracts for managing healthcare data. The token is meant to incentivize the secure sharing of medical information while maintaining patient privacy.
Business Model Assessment
The business model appears to be focused on legitimate healthcare data management, which is inherently halal. The platform does not involve any inherently prohibited activities like interest-based lending or gambling. The core mission of improving healthcare data management aligns with Islamic principles of promoting wellbeing.
Current Usage and Development
Current development activity appears minimal, with limited recent updates to the platform's infrastructure. While the project maintains a presence, actual adoption and usage of the PTOY token for its intended healthcare purposes remains limited. However, this limited adoption does not affect its Sharia compliance status.
Token Distribution
The token distribution appears reasonable, with no obvious concentration that would suggest a scheme to enrich founders. The project had a transparent initial token distribution with defined allocations for development, team, and ecosystem growth.
Crypto Impact
To assign a comfort level investing in Patientory from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Patientory.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.