NHCT uses blockchain to counter systemic and technological issues that plague healthcare of today like high costs, data fragmentation & data security. It aims to create a global, decentralized health & wellness ecosystem. Introduction of a distributed ledger helps NHCT facilitate enhanced data protection, frictionless data exchange, data Integrity by the use of smart contracts and incentivized engagement using Tokens. NanoHealth had won the prestigious HULT prize in 2014 and raised $1M seed funding. Recently, NHCT was shortlisted among the top 6 startups for the RICH Cancer Innovation Challenge in India.