Hu-manity.co is developing a marketplace and brokering platform that attaches traceable title numbers to individuals’ medical records and enforces usage terms via blockchain-based rules and track-and-trace mechanisms. The company positions itself as a broker that pools large communities to attract data buyers and negotiate standardized terms rather than having individuals haggle separately. It is starting with health data because that information is commonly sold for medical studies and because buyers get better value when they can understand the whole patient. Hu-manity.co says it will work with economists to set pricing (the CEO has suggested individual records might be worth $200–$400) and plans to take a 25% brokerage fee on sales. Co-founder and CEO Richie Etwaru frames the blockchain as an enforcement and rules engine within a broader legal and marketplace solution. The company was founded last spring and, according to the article, has raised $5.5 million on a $50 million valuation.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2018