MedChain Is The Solution

fvanb1 (9)in #cryptocurrency • 6 years ago (edited)

Our all quastion will be , will blockchain take over the world's industry and if , will Healthcare be better off with blockchain?

let me show you the following project , which i think this could realy be a gamechanger

Why MedChain?

At the moment many companies in the healthcare field are excluding the U.S. market for several reasons,
largely to avoid SEC scrutiny, but also because HIPAA compliance can be hard to understand and adhere to for the uninitiated.

Our founders have extensive experience in the healthcare field, particularly healthcare IT, and as entrepreneurs.
You can view their Linkedin pages for more of their history, but briefly;
Our co-founder is also the founder and CEO of Zynex Medical(Ticker:ZYXI), a publicly traded Medical Device company.

Mining, data validation, data storage, proof-of-storage and proof-of-retrievability will be provided by a network of decentralized
and 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 Network protocol is based on a Data and Application Layer integrating an ERC20-Standard or similar token on an Ethereum based blockchain.

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.

Provider Benefits
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 significant savings, patient information can also
be kept secure with extremely reduced risk of identifiable data
being leaked.

Patient Benefits
Utilizing MedChain's smartphone and web applications,
patients will be able to eliminate and/or avoid redundant testing
due to lack of record-sharing between providers.

Health records can also be near-instantaneously available
in cases of emergency, including when the individual is
non-responsive but has their smartphone on them.()