Medical Devices on the blockchain ! — MEDXCHANGE.IO Platform

The health industry is one of the biggest and most important industry in our lives. The MedXchange platform was built on top of the blockchain. The advantages of the blockchain will be a great help to the health industry. Not just with it’s transparency but with the faster process and transfer of information with the help of blockchain.

To summarize Medxchange:

Disintermediate the medical device and supplies ecosystem and make it more efficient.

Facilitate and secure the global exchange of medical devices, supplies and payments.

Lower costs helping people from the bottom society improve their lives.

MedXchange is a blockchain-oriented distributed system handling transactions, data transfer, payments, and data storage initially designed for medical devices, but sufficiently flexible and scalable to later add other categories of regulated health care ecosystems, such as pharmaceuticals, laboratory equipment, and care providers. Because of the sensitive nature and requirements of medical devices, existing blockchain distributed systems are not adequate. The goal of MedXchange is to create a permissioned blockchain system that can pass the stringent requirements of regulated medical devices by ensuring better data integrity and encryption, and by providing a validation system to ensure the miners running this network are compliant entities. MedXchange uses a Distributed Hash Table
combined with an Ethereum based blockchain to provide, among many other features, the ability for frictionless data sharing and faster access to new revenue streams for sell-side users. This is accomplished via an upgrade to data integrity and security systems and the addition of an executive governance system for node validation.

MedXchange will accomplish its goal of reducing cost and increasing efficiency by or
through:

Disintermediation, both in-country and globally (by removing — frequently redundant or non-value-additive — layers in the medical device supply chain)

Reducing “tolling” in the supply chain

Increasing efficiency

Increasing transparency

Increasing speed to market for manufacturers and suppliers

Allowing equipment rental models efficiently

Allowing for a more frictionless global supply chain

TOKEN METRICS:

To participate in Medxchange’s ICO, you need to be a part of the whitelist, pass KYC and AML all in all. Presale will start on 16th of March and will end on the 31st of the same month.
Medxchange is an erc-20 Token which means you can use your MyEtherWallet address to store the tokens and participate.

The token distribution will be:

55%: Sold; 15%: Team (on vesting schedules); 10%: CoSponsor/Use case provider; 1% Pre-white paper supporters;
4% Consultants (on vesting schedules); 5%: Technical tokens for stabilization and partnerships; 5%: Bounties; 5%: Further Development / Liquidity Reserve. In addition, the percentage of tokens the team has will remain at 15% regardless of how many tokens are burned.

The initial token price will be .0005 ETH with a minimum purchase of .5 ETH.
The hardcap will be equivalent to 55,000 worth of ETH and a soft cap of 10,000 worth of ETH.

BONUS:

During the first week of the Presale, 1.25 Tokens will be provided for each 0.0005 ETH transferred.
During the second week of the Presale (i.e. the week just prior to the ICO Starting date), 1.20 Tokens will be provided for each 0.0005 ETH transferred;
During the first week of the ICO — 1.15 Tokens will be provided for each 0.0005 ETH transferred.
During the second week of the ICO — 1.10 Tokens will be provided.
During the third week of the ICO — 1.05 Tokens will be provided.
During the remainder of the ICO — 1.00 Token will be provided.
To know more about the Medxchange:

Website — https://www.medxchange.io/
Whitepaper — https://docs.wixstatic.com/ugd/a6d7cc_fd05810c902e47a589eb5e9d2bc73fc1.pdf
Roadmap — https://docs.wixstatic.com/ugd/a6d7cc_2f494645599348beb5379a18fbe25a27.pdf
ICO Summary — https://docs.wixstatic.com/ugd/a6d7cc_43ace8b4709f4d95bc7fe616d2a49ea2.pdf
Facebook — https://www.facebook.com/med.xchange.73
Twitter — https://twitter.com/medxchange1

Written by:

Bitcointalk Profile — i7claufe
Bitcointalk Profile Url — https://bitcointalk.org/index.php?action=profile;u=1719874
Eth Address — 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0