What is NurseToken?
There’s a worldwide shortage of nurses that’s hit crisis levels. NurseToken tackles this problem head on with a de-centralized credential & payment system that increases nurse portability, enables hospitals to fill much needed positions on-demand, and offers more uniform and universalized payments to nurses worldwide.
PROVEN TRACK RECORDThe NurseToken team has been building key relationships in the medical industry for over 18 years, including relationships with major hospitals and associations eager for NurseToken's release
$1.4M IN PRE-COMMITMENTS
Before even completing a whitepaper, NurseToken inspired key crypto influencers, VCs, and major medical industry players, resulting in $1.4M in pre-commitments.
The nursing shortage is a global problem that needs a solution like NurseToken. Through a crowdsourced approach, we are quickly building a community and nurturing relationship within the global medical industry.
Nurses are the single-largest workforce in the world. Yet the World Health Organization estimates a nursing shortage of over 17.4m people in 2018, with individual hospitals spending as much as $2m / month in recruiting, training and hiring nurses. NurseToken streamlines this recruiting / hiring process and incentivizes nurses, increasing the flow of new nurses into the workforce.
Our world needs more nurses. An epidemic would show us just how critical this need is. Nurses save lives. The shortage of nurses is killing patients. NurseToken tackles this crisis head on, creating a safer, more cared-for world. Join us, and let's end this crisis together.
Blockchain Healthcare Alliance
To help promote blockchain within the healthcare industry, NurseToken has formed an alliance with other blockchain and healthcare influencers, companies, and founders to speed adopt. And as a part of our commitment to making sure that blockchain has worldwide adoption within the healthcare industry, we will provide up to $1m in funding to several blockchain healthcare solutions that we believe will help disrupt the healthcare industry and ultimately save more lives.
The Crisis Explained
THE CRISIS: PART 1
There aren’t enough nurses. It’s killing patients, and costing hospitals billions worldwide.
“Nurse shortages linked to higher patient mortality.” - A study conducted by Flavia Munn, published in NursingStandard.
Hospitals are doing what they can, but the current solution is clunky, slow, and expensive. Essentially, they’re forced to pay expensive staffing agencies for contractor nurses.
But because these agencies take such a massive cut, hospitals end up paying more, and nurses get paid less.
“Hospitals nationwide... are paying billions of dollars collectively to recruit and retain nurses.” - Reuters, “Short on staff: Nursing crisis strains U.S. hospitals.”
Nursing is already an incredibly grueling job though. This decrease in pay is deterring capable people from becoming nurses. But our world desperately needs nurses. Patients are already dying from the shortage. It’s only a matter of time until an epidemic shows us how critical this issue is.
THE CRISIS: PART 2
Nurses who are ready and willing are held
back by insane bureaucracy.
Because hospitals do not share information or nurse hiring practices, nurses must get new credentials for each hospital they wish to work at.
But because the process is so arduous, it can take up to 3 months for nurses to gain credentials at hospitals that desperately need their help.
If a nurse then wishes to help another hospital in need, he or she will have to go through the process all over again to work there. There’s a shortage of nurses. And bureaucracy is rubbing salt on this open wound.
Leveraging Blockchain to
Save the Nursing World.
Our 3 powerful blockchain applications solve the most pressing issues in the global nursing shortage. Here's how.
BLOCKCHAIN APPLICATION 1
De-Centralize Nurse-Hospital Credentialing - Allowing Any Nurse to Help Any Hospital, Instantly, At Any Time.
Portable, trusted, and instantly-verifiable credentials via blockchain. Here’s how:
With NurseToken, nurses will go through a rigorous credentialing process that any hospital would approve of - with flying colors.
These credentials would then be stored in their own blockchain wallet.
To pick up shifts at a hospital in need - nurses would
simply show their credentials, and just like that, they’re in.
No more 3-months-long process per hospital. Now, nurses get credentialed once, and can work anywhere, at any time.
BLOCKCHAIN APPLICATION 2
Hospitals Use Tokens to “Unlock” a
Nurse’s Blockchain-Guarded Credentials.
As part of the onboarding process for new nurses, hospitals will use NurseToken tokens to unlock and verify new nurses’ credentials.
This, in itself, is a powerful form of built-in distribution for NurseToken.
It also ensures safety, privacy, and fraud-proofing of nurse credentials.
BLOCKCHAIN APPLICATION 3
Incentivize nurses, making it a career path more bright people are eager to join.
With NurseToken - hospitals can now incentivize nurses who are the best fits for them. And it increases distribution of NurseToken as well.
Let’s say Nurse A completes a shift at Hospital A and
receives rave reviews from patients and other hospital staff.
Hospital A wants to do whatever they can to get Nurse A
to come back.
NurseToken makes this easy. Hospital A simply sends
Nurse A a ”bonus” in NurseToken, delivered straight to
the same blockchain wallet she stores her credentials in.
The result? Nurses receive powerful incentives to pick up more shifts... and these incentives make nursing far more attractive to the current and next generations of our world.