Docademic to change the Healthcare Industry

Amrit Mirchandani
The Pure Investments Blog
4 min readJun 12, 2018

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Docademic. Image taken from https://ico.docademic.com/.

The Jigsaw puzzle

The world is a jigsaw puzzle, and not all pieces can be fit together. However with Blocks from the Blockchain technology these jigsaw pieces make more sense and make a better picture. However not all jigsaw puzzles are easy to solve, and the world’s jigsaw puzzle is as hard as it comes.

The healthcare system is part of this puzzle, and with Blockchain powered Docademic it is now halfway into fitting into the puzzle. (https://ico.docademic.com/)

Access to Healthcare

The foundation of healthcare is ‘Access to Healthcare’ which Docademic is working to solve.

The best definition of ‘Access to Healthcare’ was put forward by The Institute of Medicine, Committee on Monitoring Access to Personal Health Care Services in their National Academy Press in 1993. (https://archive.ahrq.gov/research/findings/nhqrdr/nhdr11/chap9.html#ref8)

It defined Access to health as ‘the timely use of personal health services to achieve the best health outcomes.” The report classified it into three steps which were-

• Gaining entry into the healthcare system.

• Getting access to sites of care where patients can receive needed services.

• Finding providers who meet the needs of individual patients and with whom patients can develop a relationship based on mutual communication and trust.

When digging into the three steps, the specific main problems make it difficult for improvements to the system. These are-

• Health Insurance

• Financial Burden of Health Care Costs

• Usual Source of Care

However, Docademic solves the central issue of ‘Access to Healthcare’ which was a problem that neither the government bodies nor medical institutions could control.

Docademic — The Change Needed for People all over the world

The MTC token powers Docademic.

The whitepaper of Docademic states its mission well-

“We believe in a world where everyone has access to quality healthcare, not only the privileged few.”

The Docademic ICO provides numerous ways it will give access to healthcare to the less fortunate. One which is already in place is the Docademic Application available on both iOs and Android. Thousands of users from 20 different countries are already using it.

What is the Docademic Application?

Within a touch, you can talk to a doctor who will give personalized medical assistance. Gone are the days when a person from a small town or village needs to travel all the way to the city to meet up with an expert doctor. These expert doctors usually only spend a few minutes diagnosing you, as they hardly have any time. However, with Docademic the doctor is patient and works hard in understanding your concerns.

Docademic has a secret formula which is giving more benefits as and when records are filled, and so it does the government’s job in sorting out their citizens they rightfully owe to help. It’s not always about taking taxes and improving roads, sometimes a person’s life is more important!

The DOCADEMIC Platform for Doctors is a social network where doctors connect and can discuss medical conditions, refer patients, and tools are provided to help them understand medical practices. Real-time reporting helps in gathering data to solve future cases which will help create a ready document for doctors in the long run.

How is Blockchain used for Docademic’s Application?

The Blockchain records the person’s information so that this is shared as and when they have a medical attention they need to seek up. The patient may forget to pinpoint exactly what happened earlier, and they may not even remember the exact medical terms. However, thanks to Blockchain technology doctors will be able to browse past history and accordingly take the next step forward.

Many a time patients have allergies, with Blockchain the allergy records will be updated and thus will ensure no human errors are carried out.

The allergy case is one such example!

Another plus point is, patients will happily save their personal information without the risk of it being stolen or pried over by others. Medical issues should always remain confidential!

Blockchain with the power of Artificial Intelligence helps make the impossible … Possible!

MTC Token

MTC stands for Medical Token Currency and is a token based on the Ethereum network. It is used to pay for the health services provided in the application, whereby the doctors provide how much the fee is in accordance with MTC tokens.

There are plans for a DOCADEMIC marketplace where medical equipment, products, and services will be available. Thus MTC will be used to purchase any of the provided in the DOCADEMIC marketplace.

An Issuance Amount of 1,000,000,000 MTC

1 MTC is currently equal to 0.00035 ETH
MTC ICO Price began at 0.000035 ETH and ended at 0.0001 ETH

MTC is available to be traded on-

• IDEX

• HitBTC

• SistemKoin

• QBTC

• Stocks.Exchange

Why Docademic has potential?

People from all over the world have shared their gratitude to Docademic through social media.

Docademic team is aggressive about its movement with talks with existing and future medical services already. It will make payment far easier with a global healthcare utility to solve the patient population and medical community.

It is on the path to becoming a complete healthcare ecosystem with a digital touch for patients and doctors all over the world.

Why McAfee believes in it?

John McAfee, a legendary entrepreneur who has time and again highlighted the importance of free medical care. He is an advisor and strong advocate for Docademic. His experience of being all over the world has led him to understand that the primary issue in the world today is access to healthcare!

https://twitter.com/officialmcafee/status/971989258754932736?lang=en

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