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Home ยป What is the purpose of Humanscape coin (HUM) token, a blockchain-based platform for decentralized finance in the healthcare industry?
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What is the purpose of Humanscape coin (HUM) token, a blockchain-based platform for decentralized finance in the healthcare industry?

By adminFeb. 2, 20224 Mins Read
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What is the purpose of Humanscape coin (HUM) token, a blockchain-based platform for decentralized finance in the healthcare industry?
What is the purpose of Humanscape coin (HUM) token, a blockchain-based platform for decentralized finance in the healthcare industry?
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Humanscape (HUM) is a revolutionary blockchain-based community that is dedicated to improving drug development opportunities and clinical participation by systematically collecting and compiling health data from individual patients. In this article, we will delve into the key aspects of Humanscape, including its purpose, founders, functioning, platform, cryptocurrency, security, price forecast, and where to buy HUM tokens.

What is Humanscape (HUM)?
Humanscape is a decentralized patient network that leverages blockchain technology to support patients in overcoming their disorders. The platform fosters emotional and intellectual connections among patients, based on the overall activity of the community. By generating and accumulating large amounts of patient data through its Personal Genome and Health Data (PGHD) system, Humanscape enables direct investigation of previously deemed incurable diseases. It also facilitates collaboration between patients, pharmaceutical companies, and research institutions to discover new treatments. Through continuous self-management techniques and symptom monitoring, Humanscape empowers patients to avoid complications and maintain good health. The platform ensures that patient data is securely stored on the blockchain, preventing monopolization by any third party, and ultimately aims to redistribute profits to patients.

Who are the founders of Humanscape (HUM)?
Humanscape was co-founded by three highly accomplished professionals in the blockchain industry: Stephen Chang, Won-woo Je, and Tae-woo Lee. All three founders hail from South Korea, which serves as the platform’s base of operations. Stephen Chang, the CEO of Humanscape, graduated from Sogang University in Seoul and holds academic qualifications in business administration from Yonsei University and Kyung Hee University. Won-woo Je, the CSO of Humanscape, also obtained a bachelor’s degree from Yonsei University in computer science and a master’s degree from KAIST. Tae-woo Lee, another co-founder, has worked in various organizations including the Korean Institute of Science and Technology and SWMaestro.

How does Humanscape (HUM) work?
Humanscape aims to provide a lifeline to individuals suffering from incurable diseases by granting them access to additional resources that may lead to healing. The platform’s primary objective is to bridge the healthcare gap for those who lack adequate medical support. Since its inception, Humanscape has made significant strides in achieving this goal. The platform’s native cryptocurrency, HUM, facilitates transactions within the ecosystem and holds the potential for future use cases such as governance. HUM tokens can also be easily traded for other cryptocurrencies like MKR and Dash.

Humanscape Platform
As a blockchain-based network, Humanscape fosters intellectual and emotional interactions among patients with various incurable diseases worldwide. By obtaining informed consent from participants, the platform utilizes their data to fine-tune medical research and develop more effective treatments. Patients’ health records are stored in a user-friendly format that can be accessed by patients themselves and other individuals who have experienced similar conditions. Healthcare professionals also have easy access to this comprehensive database. Unlike many other healthcare blockchain platforms, Humanscape is primarily driven by a group of young professionals, injecting fresh ideas into the industry.

HUM Cryptocurrency
HUM is the native cryptocurrency of the Humanscape network and serves as the medium of exchange within the ecosystem. The platform’s roadmap indicates a total supply of 2.5 billion HUM tokens, with 40% of them available for sale through an initial coin offering. Currently, the circulating supply of HUM coins stands at 711,409,623, and this number is expected to change significantly by the end of the year.

Is the Humanscape (HUM) network secure?
Humanscape adopts the ERC-20 token standard and employs the same security protocol as the broader Ethereum blockchain ecosystem. The network relies on nodes to protect against criminal activities, utilizing a dedicated proof-of-stake consensus mechanism. Nodes validate transactions before they are added to the blockchain, with the most heavily invested nodes holding the most influence. This ensures the platform’s security, as the tokens are tied to the stakeholders’ own security.

What is the Price Forecast for the Humanscape (HUM) cryptocurrency?
According to price predictions, the price of Humanscape (HUM) is expected to reach a high level of $0.547 in 2022. By 2023, HUM may reach a maximum level of $1.052, with an average trading price of $0.782. In 2025, the average price of HUM is projected to surpass $1.268, with a minimum expected price of $1.171. The maximum price level could reach $1.292.

Where to buy HUM cryptocurrency?
HUM cryptocurrency can be traded on several exchanges, including FTX, Upbit, and Hoo.

Conclusion
Humanscape is revolutionizing the healthcare industry by systematically organizing patient information to combat unconquered diseases. With PGHD comprising a significant portion of health data, Humanscape aims to consolidate it into a single source. By leveraging blockchain technology, the platform empowers patients and facilitates collaboration for improved drug development and clinical participation. It is important to note that the views and opinions expressed in this article are for informational purposes only and do not constitute financial or investment advice.

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