MedChain is a ico of Blockchain-Enabled Medica
Hello Friends!! How are you? I hope you are well. I want to introduce you a new project is called Medchain. Now I start to say you about this ICO project .
MedChain’s mission is to use blockchain technology to establish a better, more secure and transparent framework for Electronic Medical Records that vastly improves the quality of care for patients and helps reduce healthcare providers’ costs.
MedChain’s mission is to use blockchain technology to establish a better, more secure and transparent framework for Electronic Medical Records (EMR) that vastly improves the quality of care for patients while reducing healthcare providers’ costs. This allows companies and individuals to build software and applications within a globally compliant framework facilitating secure storage and transparency. MedChain is offering a blockchain and distributed storage solution for Electronic Medical Records (EMR) and electronic Protected Health Information (ePHI). The MedChain Network (MCN) is an extensible, layered architecture and protocol system governed and secured by multiple blockchains that utilize a multi-crypto-token framework.
Encrypted and Secured with blockchain technology, MedChain allows you to safely store your health records, and with Smart Contracts allow access to your doctor, a hospital, or a specialist when needed and in times of emergency. MedChain’s mission is to use blockchain technology to establish a better, more secure and transparent framework for Electronic Medical Records (EMR) that vastly improves the quality of care for patients while reducing healthcare providers’ costs. This allows companies and individuals to build software and applications within a globally compliant framework facilitating secure storage and transparency.
MedChain And The Future Of EMR Interoperability:
Patient dApps built on the MedChain platform are being developed for iOS and Android smartphones, tablets, and desktop. Always providing users with the most up-to-date information, including medical test results, medical history, and documentation patients are entitled to under HIPAA and EMR guidelines.
Utilizing MedChain’s blockchain and software, heathcare providers can have near-instant access to medical records of new patients, and could potentially save several billion dollars each year in fines associated with data breaches.
In addition to being inefficient, today’s EMR systems are fraught with risk. These systems are regular targets of fraud and sources of data breaches that not only jeopardize patient confidentiality but also cost healthcare providers significant resources annually.
MedChain Is The Solution
Current EMR systems as centralized silos with limited communication capability, inadequate transparency and a lack of interoperability. These infrastructure problems can be solved by Medchain’s blockchain network.
The 21st Century Healthcare system requires interoperability — the ability of computer systems and software to exchange and make use of key patient information, allowing primary healthcare providers to communicate with additional providers such as labs and pharmacies. But currently-available Electronic Medical Record (EMR) systems might not follow the patient between providers and might not facilitate effective communication.
The MedChain Blockchain:
The MedChain Network protocol is based on a Data and Application Layer integrating an ERC20-Standard token on the Ethereum Blockchain, working in a distributed and decentralized manner.
Mining, data validation, data storage, proof-of-storage and proof-of-retrievability will be provided by a network of decentralized and MedChain-federated servers as part of the blockchain protocol in conjunction with MedChain software (via both patient & provider apps) for trading MedCoins, converting MedCoins to Entry Tokens, and to ensure payment for blockchain Entries.
The MedChain blockchain will function as a hash depository for the decentralized storage network, which will be fully auditable and verifiable by a network of federated servers. The federated servers will be paid with MedCoins in return for storage space and retrieval of information.
All storage and retrieval requests will function with the use of Entry Tokens rather than MedCoins. Federated mining nodes will be compensated with MedCoins for executing valid and verified transactions.
The MedChain Token
The MedCoin is being created as the driving force behind the MedChain infrastructure. For both users and patients, this token functions as the key to the system. Their MedCoin can be exchanged for Entry Tokens (ET) to facilitate data uploads and serve as a gatekeeper for access requests retrieved through the MedChain API.
Healthcare organizations will use MedCoin by exchanging them for Entry Tokens, providers will not only purchase space allocation but also use MedCoin for patient records access-request through the MedChain API. MedCoin may eventually also be used to purchase rich anonymized data which could be analyzed for diagnosis automation or other uses.
Finally, MedCoin is used as rewards for HIPAA-compliant storage space providers, distributed mining payment cycles, and federated server reimbursement.
We believe in a token-connected world, where medical and healthcare services can be driven by MedCoin on the MedChain infrastructure.
CEO & Founder
Entrepreneur with twenty years of healthcare IT experience as a System Administrator and Senior IT Manager of a multi-national medical device company.
Sr. Fullstack Developer with 10 years of CTO experience working directly with NASA, Lockheed Martin & Raytheon. Masters in Aeronautics & Astronautics from Stanford University.
Early investor in Ethereum, Blockchain Entrepreneur and marketer.
Developer and analyst at the Mayo Clinic working with medical decision tools and with experience integrating healthcare interoperability solutions
Social media and community management expert
Founding member, Sichenzia Ross Ference Kesner
Partner, Sichenzia Ross Ference Kesner
CEO HardFork Marketing & Pluginz
Head of Marketing BeeToken
Chairman of the Board, President and Chief Executive Officer of Zynex since 1996. MBA from Copenhagen Business School.
DR. STEVEN MALEN
MBA, Healthcare Analytics Advisor
Over 10 years experience working in healthcare managing multiple pharmacies utilizing innovative solutions. Currently Pharmacy Manager at Walgreens.
Business Development Advisor
Experienced Business Developer in the Healthcare and Skilled Nursing fields with a history of building strong and lasting relationships
Information Security Advisor
Experienced Chief Information Security Officer and former Director of Security and Technology Assurance at Blue Shield of California
Visual Storyteller, Speaker, Founder of VIVIDA (Video, Virtual Reality, Animation)
Global Mergers & Acquisitions, Technology at Unilever
MedChain is Born
Founder & CEO Joachim Sandgaard embarks on the journey of launching MedChain, a blockchain used for Electronic Medical Records.
MedChain White Paper.
The MedChain team begins research and development on the first-ever blockchain for Electronic Medical Records.
MedChain Blockchain Development.
The MedChain team develops test blockchain using smart contracts for access control.
MedChain Launches on StartEngine.
MedChain seeks $1M from everyday investors.
Regulation A+ ICO.
MedChain launches its Regulation A+ ICO.
Late 2018 or Early 2019
MedChain releases beta version of its software and application.
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ETH Address: 0xEb2b3Be3b9b7Da4a85b4a21dCc5301936A0B0876