Health In Tech to Present "Blockchain Rx" for Insurance Claims at Web Summit

Health In Tech (NASDAQ:HIT), an Insurtech platform company backed by third-party AI technology, today announced that three leaders seeking to shape the future of healthcare technology will take the stage at Web Summit this week to talk about a critical industry need: a better way to process insurance claims.

 

Tim Johnson, Founder & CEO of Health In Tech, Brittany Kaiser, CEO of AlphaTON Capital, and Dr. Dustin Plantholt, Chief AI & Marketing Officer at Health In Tech, are presenting "Blockchain Rx" on Wednesday, November 12 at 11:35 AM on Stage 14. The session dives into how blockchain technology could bring faster payments, transparent data, and real trust to healthcare.

The conversation is timely. The two companies signed a non-binding Letter of Intent on September 30, 2025 to build HITChain together, a blockchain-enabled insurance claims processing platform on The Open Network (TON).

"Healthcare too often runs on outdated, paper-heavy systems. Blockchain lets information move faster, with accuracy and transparency built in," said Dr. Plantholt. "When everyone—from providers to patients—can trust the data, the entire experience improves."

 The problem HITChain seeks to tackle is one everyone in healthcare knows too well. Claims can get delayed. Processes often stay opaque. Data lives in silos. It's been that way for decades, and it affects millions of people.

"We're not working to build this because blockchain is trendy," said Johnson. "We're building it because claims take too long, people don't trust the process, and patients suffer for it. That's the problem we're seeking to fix."

The TON blockchain provides the speed, security, and scalability healthcare demands. The platform is designed to handle the complexity of modern healthcare while making the entire process radically more transparent and efficient.