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Silver Scott Health, Inc. Unveils Health Trust NFT to Empower Patient Data Control in Response to Regeneron's $600 Million 23andMe Bid
Silver Scott Health, Inc. Unveils Health Trust NFT to Empower Patient Data Control in Response to Regeneron's $600 Million 23andMe Bid.
About this update from Silver Scott Mines, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Silver Scott Health, Inc. Unveils Health Trust NFT to Empower Patient Data Control in Response to Regeneron's $600 Million 23andMe Bid \r\n \r\n \r\n\r\n\r\nSilver Scott Health, Inc. Unveils Health Trust NFT to Empower Patient Data Control in Response to Regeneron's $600 Million 23andMe Bid \r\n\r\n\r\n\r\n\r\n\r\nFRANKLIN, NJ / ACCESS Newswire / June 16, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a diversified digital technology company focused on healthcare, blockchain, and real-world asset tokenization, proudly announces that its healthcare division, Silver Scott Health, Inc., has launched the Health Trust NFT , a groundbreaking blockchain-based solution designed to empower patients with full control over their medical and genetic data. This innovative platform directly addresses growing privacy concerns sparked by Regeneron Pharmaceuticals' reported $600 million bid to acquire 23andMe's genetic data assets, highlighting the risks of corporate exploitation of sensitive personal information without explicit patient consent.\r\n \r\n The Health Trust NFT leverages Silver Scott Health's proprietary TrustNFT.io blockchain technology to create a secure, decentralized ecosystem where patients own and manage access to their medical records, including genetic data, through non-fungible tokens (NFTs). Unlike traditional systems where institutions control and monetize patient data, the Health Trust NFT ensures that individuals decide who accesses their information, when, and for what purpose-putting privacy and consent back in the hands of patients.\r\n \r\n \r\n \"Regeneron's bid for 23andMe's data underscores a critical issue: the unauthorized use of personal genetic information for corporate gain,\" said Stuart Fine, CEO of Silver Scott Mines, Inc. \"With the Health Trust NFT, Silver Scott Health is redefining the healthcare landscape by giving patients unprecedented control over their data. This is not just a technological leap; it's a movement toward ethical, patient-centered healthcare.\"\r\n \r\n \r\n Key Features of the Health Trust NFT:\r\n \r\n \r\n \r\n Patient-Controlled Access : Patients use their Health Trust NFT to grant or revoke access to their medical and genetic data instantly, ensuring no institution or corporation can use it without explicit permission.\r\n \r\n \r\n \r\n \r\n HIPAA-Complia...