Generalize
Information
Clinical Trials Intelligence (CTi) is a blockchain platform specifically created for clinical trials. It aims to act as a centralized and reliable source of information for the clinical trial and pharmaceutical industry. The platform is designed to be scalable and widely adopted by all stakeholders in the ecosystem. CTi utilizes predictive analytics, machine learning, and blockchain technology with smart contracts to revolutionize the medicine development industry.
Information
What Is ClinTex (CTI) Crypto?
ClinTex is a solution provider to the pharmaceutical industry and the creator of CTi - Clinical Trials Intelligence. ClinTex (CTI) is a blockchain-based software platform that aims to revolutionize the medicine development industry by using predictive analytics, machine learning (ML), and smart contracts in clinical trials.
With emerging technologies, ClinTexs goal is to make the clinical trials process faster, more efficient, and more cost-effective for pharmaceutical companies researching new medicines for the market. The project leverages blockchain technology and AI to significantly reduce the cost of medication and expedite the availability of new drugs for those in need by substantially lowering development expenses for the worldwide pharmaceutical sector.
Clinical Trials Intelligence, short for ClinTex, is powered using a distributed technology platform on the blockchain, smart contracts, and AI in the form of predictive data analytics and machine learning. The project aims to improve the quality of clinical trials and to make them more operationally efficient.
CTi, an ERC-20 token on Ethereum, is the native token for the Clinical Trials Intelligence platform developed by ClinTex. Users must utilize CTi through a staking license model integrated with the Clinical Trials Intelligence wallet to access the platform.
How Does ClinTex Work?
Clinical Trials Intelligences decentralized ledger is used to store the entire history of clinical trial key metrics in an immutable manner. ClinTexs apps then use this data to drive custom predictive analytics algorithms in ongoing trials on the platform.
Clinical Trials Intelligence is a fully integrated platform offering end-to-end auditable workflow management and trial oversight. All preventive and corrective actions (CAPA) are continuously documented on the Clinical Trials Intelligence blockchain.
This helps establish a clinical ecosystem that supports interoperability and provides secure storage for all clinical trial data perspectives. Additionally, the use of blockchain technology also addresses all stakeholders privacy and security concerns.
The CTi ecosystem comprises seven distinct apps, each delivering crucial insights and substantial benefits to stakeholders such as Clinical Project Managers & Physicians, Clinical Data Managers, Pharmacovigilance staff, and Site Monitors. ClinTex empowers pharmaceutical companies to gain insight into their trials operational and clinical facets without significant investment in backend technical infrastructure or data science expertise.
History of ClinTex and CTI Coin
The team behind ClinTex comprises pharmaceutical, clinical, software development, and data analytics experts. The company was established, and its concept was developed in 2018.
In 2019, development on the CTi project commenced, the CTi data model was finalized in Q2, and its Proof of Concept (PoC) was unveiled in Q3. The company raised capital through a private funding round in Q1 2020 and a public token sale in Q3. Other key developments through 2020 included CTi-OEM specification and prototype development and testing.
Other project features were developed over the next year, including CTi-PDA specification, CTi-OEM GUI, OpTex, and PDA. The CTi-OEM MVP was launched in Q3 2021. CTi clinical data statistical summaries were migrated on-chain in Q2 2022.
This was followed by the launch of CTis first pilot trial in Q4 2022. Goals for 2023 as of May 2023 include streamlining analytics development, supporting a Phase III clinical trial, CTi development testing in a live trial environment, and the technologys deployment in live chronic pain clinical trials.
Answers
Is ClinTex (CTI) a Good Investment?
ClinTex is an interesting crypto asset to include in your portfolio, especially if you want to diversify into the AI sector of the industry. It could also be a good asset to invest in if you want to back projects with potential for mainstream use.
As a project focused on revolutionizing the healthcare industry by making clinical trials more efficient, the ClinTex price could strengthen amid the rollout of new applications and services. The increased adoption of its platform by pharmaceutical companies to support their clinical trials could also boost investor confidence in the project and support the price of CTI tokens.
The $CTI price could also increase amid an overall crypto market sentiment improvement. A risk-on mood among investors in the global financial markets drives increased buying activity in the crypto market, encouraging more investors to buy and trade CTI crypto.
What Is ClinTex Crypto Price Prediction?
While we cannot provide a precise ClinTex price prediction over time, we can suggest key factors influencing most price movements and volatility in $CTI. These factors include:
Level of Adoption
Increased usage of the ClinTex platform to store and manage clinical trial data could boost the CTI price statistics in the market. Such developments drive higher investor interest in the token and make it more appealing to buy and hold.
Future Upgrades
The CTI to USD price also receives support when the team of developers launches more applications within the ClinTex ecosystem. This could also happen when ClinTex announces new partnerships or receives more investment into its project.
Market Outlook
A positive perspective on the crypto market may also contribute significantly to driving bullish trends in CTI price. The price of ClinTex crypto could rise in response to a risk-on attitude among global investors. Conversely, negative sentiment in the crypto market could lead to sell-offs that diminish the CTI token price.
What Is CTI Token Used For?
ClinTex's CTi token is used to access their Clinical Trials Intelligence platform via a staking license model on the integrated wallet. Additionally, the CTi token can be used for inter-platform payments in phase 3.
You can also trade ClinTex coin on the BYDFi spot market and other supported platforms to make the most of market conditions and volatility. Buy or sell CTI against other cryptos, or hold it long-term if you believe in the future potential of ClinTex.
How to Stake CTI Token
You can stake CTI on ClinTex Staking App to earn rewards and grow your crypto portfolio. Heres how:
1. Open the CTI Staking App and connect your wallet to it.
2. Fund your wallet with sufficient tokens by buying ClinTex on BYDFi or other supported platforms and withdrawing your tokens to your wallet.
3. Enter the number of CTI tokens you want to stake and select the duration - 30 days, 90 days, or 150 days.
4. Click on Approve and confirm the transaction using your wallet.
5. Sit back, earn rewards, and grow crypto holdings by staking $CTI on ClinTex.
Who Are ClinTexs Partners?
ClinTex has partnered with several organizations across industry sectors, such as Intellimed, Global Blockchain Consortium, BYDFi, TIBCO, Sumsub, Eosin, and Sterling Law. In addition, it also signed a Letter of Intent with LVL Health in October 2022 to support its CANPAIN clinical trial.
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