Hippo ProtocolPrice

(HP)

Hippo Protocol is a decentralized Web3 project focused on the healthcare sector. It functions as a specialized Layer 1 blockchain designed to manage medical data with a focus on privacy, security, and patient sovereignty. Originally known as Hippocrat, the project rebranded to Hippo Protocol to reflect its evolution into a dedicated blockchain infrastructure tailored for the global healthcare industry. The core mission of the project is to solve the problem of fragmented health records. By utilizing blockchain technology, it allows patients to own and control their own medical information rather than having it stored in isolated hospital databases. The protocol uses decentralized identifiers and zero-knowledge proofs, which enable individuals to share their data with researchers or healthcare providers without exposing sensitive personal details. This approach ensures compliance with international data protection standards such as HIPAA and GDPR. Technically, Hippo Protocol is built using the Cosmos SDK, which allows it to be interoperable with other blockchains through the Inter-Blockchain Communication protocol. Its network architecture relies on a dual-node system. Mainstream validators handle network consensus and security, while specialized data nodes manage the encrypted storage and processing of healthcare information. These data nodes are also designed to support privacy-preserving AI computations, allowing medical researchers to analyze large datasets for drug discovery or clinical studies without compromising individual privacy. The native token of the ecosystem is known by the symbol HP. It serves as the primary utility and governance asset within the network. Users and healthcare institutions use the token to pay for transaction fees and access various services provided by the protocol. Additionally, the token is used for network security through a proof-of-stake mechanism, where participants can stake their holdings to support the operation of the blockchain. Token holders also have the right to participate in the governance of the project, voting on protocol upgrades, technical changes, and the direction of the ecosystem development fund. By bridging the gap between traditional healthcare systems and decentralized technology, Hippo Protocol aims to create a more efficient and transparent health data economy. It has established partnerships with various medical institutions, particularly in Asia, to integrate real-world medical data into its blockchain environment. Through these efforts, it seeks to empower individuals while providing researchers with high-quality, consented data to advance medical science. Learn more

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