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Learning & News => Announcements [ANN] => Topic started by: Rottip on February 09, 2018, 11:41:31 PM

Title: (ANN) MEDICHAIN- SAVING LIVES WITH BLOCHCHAIN.
Post by: Rottip on February 09, 2018, 11:41:31 PM
MEDICHAIN- SAVING LIVES WITH BLOCHCHAIN.

Medichain is a blockchain Medical system that is built using the Big-Data Platform With a proposed framework that enables patients to store their own particular information off-chain in an proper physical space, and give access to doctors and specialists wherever, paying little mind to the payer organize or on the other hand EMR utilized. In essence, MediChain is concern with connecting the patients data or information being made available to the doctors at any time regardless of the proximity or location. This is great news, because it will cut off the worry of misplacing data or having the challenges of patient’s data getting lost at some medical centres or facilities due to one issue or the other.
MediChain is beneficial not just for the patients but also for the doctors, hospitals by setting data into a complaint cloud which is part of the MediChain ecosystem utilizing the block chain to store pointers and rules on usage and privacy, whereas the main data itself is stores off-chain in the complaint cloud.
It does not end there, the MediChain platform is also useful to the Researchers and Pharmaceutical Company and industries would have access to the data or information entirely in an anonymity format in a way that the original owner of the said data will not be made public. This hypothetically, could be used for the purpose of prescription / administration.
It may sound unsafe for patients’ personal data to be made available for the public, hence MediChain has made provision for the authentication key.
The Authentication key factor: is the measure put in place by MediChain to guarantee that the right set of people get access to the precise data. The key is used in terms of a password, token or later on in form of a smart card with the numbers like 1, 2 or 3 and combination of also alphabets like FA which will provide strong information about both patient and doctors identity.

Since 2015, big data has come to fame in the information technology industry, within the business operations as a tool to help employees work more efficiently and restructure the collection and distribution of information technology. Big data has become useful tool in the numerous industries of man to include the health/ medical industry.

MediChain system will be developed on an Ethereum framework with offchain data stored in secure clouds in appropriate regions. It will initially be launched in collaboration with a number of medical specialities such as epilepsy and rheumatology and specific diagnostic devices. The next phase will be building up the chain data warehouse through an open access API and medical partnerships. MediChain will then be made publically available through the API and through partners for data acquisition. Then an exchange will been developed to allow secure controlled anonymized data access to patient data.

To know more about medichain,  visit

   https://medichain.online/

UNIQUE FEATURES OF MEDICHAIN.

1. Taking Your Data Anywhere You Go: Move it between healthcare providers, specialists, insurers or even countries.

2. Keeping Data Safe and Anonymised: Patients decide how anonymised they want their medical data to be

3. No Cost for Patients or Doctors: Monetised by patients opting to let medical scientists and companies use data for research.

4. 2,000,000,000 potential users

5. $150Bn+ pa worth of problems solved

6. 14,400x faster transaction speed.

SOLUTIONS PROVIDE BY MEDICHAIN.

PROBLEM

First, US big pharm spends $157 billion a year on research.

Second, Medical Errors are now the 3rd largest cause of death in the US costing $1 trillion in the US alone

SOLUTIONS.

Populace based de-distinguished patient information has just delivered propels against WHO top ten sicknesses, for example, stoutness, diabetes, hypertension, and heart disappointment. Populace information gives specialists a chance to handle the huge issues in pharmaceutical. By patients selecting in and sharing their information, they advance the exploration achievements that would one be able to day enhance their own particular wellbeing and help individuals who are experiencing comparative medical problems. Where there are business intrigues included, for example, medicate advancement, the same applies, yet pharmaceutical organizations pay for the information and patients are paid for their commitment.

Population-based de-identified patient data has already produced advances against WHO top ten diseases such as obesity, diabetes, hypertension, and heart failure. Population data lets researchers tackle the big issues in medicine. By patients opting in and sharing their data, they promote the research breakthroughs that can one day improve their own health and help people who are suffering from similar health issues. Where there are commercial interests involved, such as drug development, the same applies, but pharmaceutical companies pay for the data and patients are paid for their contribution.

ABOUT THE TOKEN AND THE BENEFITS.

What are the Tokens?

MediChain Utility Tokens (MCU) represent the value of arbitrary patient data blocks.   MCU Utility tokens can be purchased via the platform during the tokens sale. A rule of thumb is that initially, the data from each consultation or piece of data is arbitrarily given a value in MCUs equal to buyer cost of the consultation in US dollars. Over time this value is adjusted for token availability, different data types, diseases, patient demographics etc., to reflect the buyer’s market. Data is available (subject to rules and anonymization) through one or more marketplaces to buyers.

1. Token Holder Benefits

2. MediChain Utility Tokens (MCU) represent the value of arbitrary patient data blocks.

3. Token holders benefit in a number of ways:

4. Institutional Medical Data Services (including Diagnosis)

5. Medical Research Data Services

6. Any/All additional future business transactions on the MediChain Platform

7. Research Program Voting. Get the chance to determine the focus of future research

8. Personal Medical Data Storage and transfer

9. Personal Medical Data Services

10. MCU Discounts

 

TOKEN ALLOCATION AND DISTRIBUTION


The Utility Tokens for MediChain (MCUs) made available for sale in connection with The Token Generation Event (“TGE”)  will be allocated as follows:

Pre-Sale Maximum 6.5%

Public Sale 40%

Partner Fund 15%

Team & founder Fund 18%

Advisors 6.5%

Medical Data Fund 10%

Bounty 4%

1 MCU has a nominal release value of $1 US. All unsold tokens will be burned.

Pre-Sale 6,500,000 MCU

6.5% of MediChain tokens MCU will be distributed at presale. That will be five million sold and one point five million bonus tokens

Public Main Sale 40,000,000 MCU

40% of MediChain tokens MCU will be sold through the public sale. Received funds will be used toward the operations of the MediChain for the next five years. This includes development, administration, marketing, financial and legal consultancy, etc.

 




MEDICHAIN OFFICIAL LINKS.

Website :    https://medichain.online

Whitepaper :    https://docs.google.com/document/d/1M4j-ertE4Couj0tdVzNQeE_y3YgXZbJXAafiPO_v5C8

Twitter :    https://twitter.com/MediChainOnline

Facebook :    https://www.facebook.com/MediChain.Online

Linkedin :  https://www.linkedin.com/company/medichain-online