Token: NUR

The Token That Solves The Global Nursing Shortage

ICO dates
Start date: 2018-04-16
End date:

Registrated in: Cayman Islands

Platform: Ethereum
Type: ERC20

PREMIUM ICO Screenshot
NurseToken categories
NurseToken token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 2,000,000 USD
Tokens for sale 180,000,000
Token distribution in ICO
Price 1 ETH = 865 NUR
Minimal investment 0.5 ETH
Acceppting ETH
NurseToken news, social
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Random whitepaper excerpts

NurseToken is a 21st century solution to a persistent yet growing 20th century problem: a
global nursing shortage of epic and crisis proportions. We address in this whitepaper the
general healthcare supply and demand of human resources as we transition globally towards
ubiquitous shared-economy scenarios with a more prevalent real-time allocation or matching
of supply vs. demand. Currently a large majority of the business processes pertaining to the
onboarding or registration of nurses is largely manual or consisting of a collection of mixed
manual and automated processes, the healthcare industry is faced with a challenge of
moving data across disparate, isolated silos and the related burdens of security, privacy, legal,
compliance, locality, and in many cases the lack of automation, which introduces the potential
for human errors or bias.
NurseToken will power a credentialing, incentive, and payment ecosystem that overcomes the
problems of recognizing national and state credentials, cross-border payments...

Please read this disclaimer section carefully. If you are in any doubt as to the action you should
take, you should consult your legal, financial, tax, or other professional advisor(s).
The information set forth below is not exhaustive and does not imply any elements of a
contractual relationship. While we make every effort to ensure that the material in this
whitepaper is accurate and up to date, as relates to products, services, technical architecture,
token distribution, company timelines, etc. - such material is subject to change without notice
and in no way constitutes a binding agreement or the provision of professional or investment
advice. NurseToken does not guarantee, and accepts no legal liability whatsoever arising from
or connected to, the accuracy, reliability, currency, or completeness of any material contained
in this whitepaper. Potential NurseToken holders should seek appropriate independent
professional advice prior to relying on, or entering into, any commitment or transacti...

The healthcare market comprises one fourth of the global economy. Healthcare workers now
make up the largest workforce in the world. While nurses are already more than half of this
global workforce, there still are not enough nurses to support the growing healthcare sector of
which they are the backbone.
Today, eight of the world’s twelve largest economies have a serious nurse shortage; Japan and
the US have only about a third of the nurses they need, Russia has just half, and the UK has less
than a fifth.
Estimates from the World Health Organization show the needs-based shortage of health-care
workers globally is expected to top 17.4 million in 2018, of which more than 9 million are nurses
and midwives. The largest needs-based shortages are in parts of Southeast Asia and Africa. If
current trends continue, the shortage of health-care workers is projected to exceed 14 million
in 2030
As a result of this global shortage, over 20% of all nurses globally, and up...

Global Nursing Problems
A recent Reuters analysis
finds that hospitals in the US pay billions of dollars per year to
recruit and retain nurses but that 66% of all hospitals still have staff shortages. This shortage
persists despite offering higher salaries, signing bonuses and even repaying student loans. It
is not unusual for hospitals to spend $2 million per year on agency nurses, with some larger
institutions spending over $1 million a month with staffing agencies.
The problem is only going to get worse. With many Baby Boomer nurses set to retire and an
aging population that will need more healthcare services, the United States Bureau of Labor
Statistics projects that there will be more than a million openings for registered nurses in the
US by 2024. The rising geriatric population has increased the demand for healthcare services
around the globe, exacerbating the shortage of competent nurses and other healthcare
professionals. In response to the pressure of insufficient numbers of ski...

Critical factors contributing to the nursing shortage
Difficulty in Credentialing.
At present a nurse’s credentialing details are not owned or
controlled by the nurse. The nurse must work to assemble a ‘credentialing packet’ every
time she goes to work for a new institution, and the resulting materials are owned by
that institution. A nurse cannot take their credentials that were previously certified by a
given hospital or clinic with them. Nor can health care facilities access or benefit from
the highly duplicative efforts undertaken by other similar employers. As a result, many
available nursing resources are inaccessible to healthcare institutions with acute and
time-sensitive needs. Credentialing processes include mounds of paperwork, in addition
to re-taking tests, and checking references. Placing these verifications and tests on the
blockchain ensures immutability and portability, while decreasing the need for repeating
a trusted transaction.
Declining workforce....

The NurseToken Solution
It is NurseToken’s vision to solve a number of critical security, privacy and data-ownership
challenges with blockchain technology. We intend to create an ecosystem that facilitates the
efficient matching of healthcare skilled resources with medical care facilities in desperate need.
The overall blockchain functionality can be split in two large categories of use-cases, one
pertaining to credentialing and one to the operative aspects related to incentives, payments,
and other cryptocurrency transactions.
NurseToken is a decentralized global nurse staffing utility built on blockchain. NurseToken allows
hospitals to greatly reduce the cost and hassle of dealing with the administrative overhead and
paperwork typically associated with staffing agencies. Increased staffing efficiency and utilization,
powered in part by NurseToken, will have a massive impact on quality of care and increase the
roster of nurses available to participating institutions. Patient engagement, driven by nurse...

over all transactions arriving into the NurseToken blockchain and upon processing any certain
transaction, such as an onboarding and credentialing of a nurse, it would “know” what actions
are to be “triggered” that pertain to a given transaction and its state. Similarly, for any transaction
that handles the movement of cryptocurrency or payments a different smart contract would
be identified for such transactions governing the right set of actions to be taken in such case.
The extra-mile that we go with our system by contrast to other smart contract platforms is that
each action associated with a smart contract is a microservice and a set of rules enabling a
much more powerful integration vehicle as actions would not be limited to a proprietary smart
contract language but open up to the whole world of integration tools, and fostering a more
rapid expansion of the ecosystem.
The core elements of NurseToken are as follows:
Blockchain Credentialing
of Nurses
NurseToken makes it possible...

Quality control is difficult. By implementing a trusted reviews system powered by blockchain
technology, a hospital can ensure that the rating a nurse receives has not been tampered with
and is a true measure of their ability. A nurse’s rating can then be tied to their credentialing
wallet, making hospital hiring decisions exponentially quicker to execute.
Blockchain Application #1: Universalize Nurse-Hospital Credentialing
Putting the ownership of nurse profiles in their own hands and having the ability to securely manage,
share, and enable privacy levels of profiles and all associated transactions made visible only to the
rightful owner or delegated role according to the agreed upon smart contract is a foundational
aspect of our blockchain platform. Further, our system will ensure both profile information as well as
any transactions related to a profile comply with privacy and data-protection laws by utilizing core
blockchain functionalities of encrypting and decrypting all messages with appropriate ecosyste...

NurseToken Roadmap

2018 De-centralized nurse credentials.
Scope, research, and blockchain
dev for the NurseToken
credentialing application
to de-centralize nurse
2019 Nurse loyalty & incentives.
Scope, research, and blockchain
dev for the use of NurseToken as
an “incentive” or “bonus” with
which hospitals can reward nurses.
2020 De-centralized, borderless payments.
Scope, research, and blockchain dev for NurseToken to become a de-centralized, borderless payment option for nurses.
2021 Credential coin.
Opens up credentialing to other sectors, such as doctors, police, teachers, and more. All holders of NurseToken will then be rewarded with Credential Coin as an airdrop.
Alex Cho
Alex Cho
Alex Lightman
Alex Lightman
CEO Millennium Energy Corporation
Millennium Energy Corporation
CEO Millennium Energy Corporation
CEO of TokenCommunities Plc
CEO Millennium Energy Corporation