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MISBLOC Introduction

Meet the new blockchain-based medical service ecosystem

MISBLOC (Medical Information Service with Blockchain) is a medical service ecosystem which is based on blockchain technology. MISBLOC offers a sustainable and efficient medical service ecosystem by providing reliable medical information to patients, medical institutions, and public institutions in the Big Data era.

Hi there! It is my pleasure to announce that MISBLOC is going to be actively posting on their various social media sites. Most of the important information will be posted right here, on Medium! However, our posts will also be cross-posted on our other social media channels (linked below). Our first post is going to be a mere introduction to MISBLOC. Let’s check out what MISBLOC is all about.

⠀⠀⠀⠀⠀⠀⠀⠀ Medical Service Market

The Fourth Industrial Revolution has brought the integration of “value-added” concepts to innovative technologies and creative ideas. In particular, it has emphasized the need to foster the service industry, which focuses on such concepts as convergence, new technology, and strengthening competitiveness. This logic is certainly applicable to the medical service industry.

In fact, the medical service industry is being emphasized and recognized as the new driving force of the future. This is mainly due to rising income levels and quality of life, an aging population, and the emergence of next-generation technologies (Big Data, Blockchain, AI, etc.). Changing systems and policies have also had a large influence as well.

According to a trend analysis conducted by the KHIDI (Korean Health Industry Development Institute), as of 2018, the market size of the Korean Medical Service was worth KRW 105 trillion (around USD 90 billion). This is equivalent to 5.9% of the GDP value of the Republic of Korea, which increased another 0.1% (KRW 115 trillion) in 2019.

In fact, the medical service industry is generally being recognized as an industry with a high “value-added” and “highly potential” area. It will be able to highly contribute to the reduction of unemployment (job creation), and accelerate economic growth.

Major, advanced countries are already actively pursuing strategies to nurture the medical service industry by selecting it as the next generation's growth engine industry and investing in it heavily. Given this fact, Korea should also enhance its national competitiveness by revitalizing the medical service industry in the same vein.

⠀⠀⠀⠀⠀ Medical Service Market Issues

The medical service industry has been at the edge of consistent growth and change due to the emergence of the MyData industry, the introduction of the Electronic Medical Record (EMR) system, and the further globalization and growth of the telemedicine market and inbound medical tourism. However, there are several significant issues found within the developing medical service market, such as:

➡️ Fragmentation of EMR systems

➡️ Lack of a telemedicine system

➡️ Lack of reliable medical information content

⠀⠀⠀⠀⠀⠀⠀⠀ MISBLOC Introduction

The MISBLOC team presents three primary missions in order to address the relevant issues found within a medical service system. They hope to implement a healthcare ecosystem that benefits all participants and build a delicately designed platform based on the blockchain.

1) Medical Institutions shall be provided with a platform that will boost their profitability through transparent and efficient data management.

2) Patients shall have access to their personal medical information, which will contribute to the enhancement of stability, convenience, and even monetization.

3) A new advertising tool will be introduced, immune to forgery or counterfeit, which will utilize the medical information of the users.

⠀⠀Medical Services & Blockchain Convergence

In order to successfully achieve its mission, the MISBLOC team proposes a blockchain-based medical service platform — “ANAPATALK”. ANAPATALK is an efficient ecosystem that will alter the existing, sophisticated UI applications exploited in the healthcare industry. It will be provided for 1)Patients 2) Medical Institutions 3) Third-party users 4) Government/Public Institutions. The following are the features and functions that will be present in “ANAPATALK”:

  • Medical Data Decentralization
    Personal medical data shall be recorded in an unmodifiable state (immune to forgery and counterfeit), and will further be transparently distributed by a direct application of blockchain technology.
  • Medical Data Interoperability
    Based on medical data stored on the blockchain, medical services can be freely received anytime, anywhere with no time or space constraints
  • Reliability of Medical Content
    The members of the community, both patients and medical service providers will be able to share and provide reliable content.

MISBLOC can be found on different platforms!

Dear reader, thank you for spending your valuable time reading this post! If you want to stay updated with the activities of MISBLOC, make sure to follow the channels below!

Website | Telegram| Twitter | LinkedIn| Naver Blog| Kakao



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