MedChain Ico Review

MedChain Ico Review – Control Your Health Records

About MedChain

Recent headlines show travelers at sea and in the air aren’t immune to emergencies. What is the best-case scenario if you’re in need of healthcare while traveling? Here’s how MedChain see it: Upon arrival at the local hospital, you’d check in, verify your information, giving the ER doctor access to your digital medical records; the doctor would quickly know about any pre-existing conditions or drug allergies.

Diagnostic activities like x-rays and treatments such as stitches or IVs would be noted on your digital file. The ER doctor would arrange follow-ups with your primary physician, who can access your file when you get home. As you’re discharged, the ER doctor sends the medical bill to your ‘file’, which automatically bills your insurance company on their behalf. You can focus on recovery and getting back to your travels.

MedChain Key Information

KeyPoints
Token NameMedChain
Soft cap3,000,000 USD
Hard cap15,000,000 USD
Distributed in ICO49%
Tokens for sale34,878,000
CountryUSA
AcceptingETH, BTC, Fiat
Token SymbolMDX
Min. investment10,000 USD
RaisedUnknown
PlatformHyperledger
Price in ICO0.4300 USD
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind MedChain

MedChain Ico Review - Control Your Health Records

Distributed Storage

Electronic Medical Records are encrypted and fragmented across the network to prevent malicious attacks and hacking attempts. MedChain federated servers protect the MedChain protocol making sensitive information secure yet available when needed. Your information is stored on the Distributed Storage Network, Smart Contracts on your blockchain govern access control.

Patient dApps built on the MedChain platform are being developed for iOS and Android smartphones, tablets, and desktop. Always providing users with the most up-to-date information, including medical test results, medical history, and documentation patients are entitled to under HIPAA and EMR guidelines.

Secure

In addition to being inefficient, today’s EMR systems are fraught with risk. These systems are regular targets of fraud and sources of data breaches that not only jeopardize patient confidentiality but also cost healthcare providers significant resources annually. Utilizing MedChain 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.

The promise of electronic medical records has not materialized for one major reason: Medical record companies and health providers have implemented systems that are not interoperable. Many would say this was done on purpose because it meant they could lock up customers by making it time consuming and expensive to change systems. And even worse, they made it very difficult (sometimes impossible) for patients to get their own data quickly, cheaply, and in an easily accessible digital format.

Structured, longitudinal patient history

Your medical history visits, illnesses, lab results, blood pressuring monitoring, prescriptions across doctor’s offices, hospitals, and maybe even your Fitbit data can be stored in a single location. This wealth of data gives your healthcare provider more comprehensive understanding of the care you need.

A master patient index

There are 2.5 million people named ‘Smith’ in the U.S. Even if your name is less common, healthcare records can get mismatched. And the system your primary care physician uses to store your data may differ from the system used by your cardiologist, making it difficult to get your records organized. With MedChain blockchain, all your data is ‘sharded’ across the Storage Network then hashed to a searchable ledger — so no matter how your record is searched, physicians would be directed to your information.

Claims Resolution

Because blockchain exchanges are trust Lesley validated, medical claim verification can become an automated process. The absence of a central ‘clearing house’ will help reduce errors or fraudulent claims. When you’re in a doctor’s office or hospital, you’re focused on getting the care you need to address your medical problems. You shouldn’t have to double check the accuracy of your medical records. They understand — that’s why MedChain is paving the way for an evolved Electronic Record Management system that provides the best solution for patients and healthcare providers.

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