Medicalchain uses blockchain technology to securely store health records and maintain a single version of the truth. Various organizations such as doctors, hospitals, laboratories, pharmacists, and insurance companies can request access to patient records in order to fulfill their purposes and record transactions on the blockchain. Medicalchain provides solutions to today's health record problems. The platform securely stores and shares electronic health records. By digitizing health records and empowering users, we can leverage countless industry synergies.

1. Project introduction

There are many companies trying to bring blockchain technology to Electronic Health Records (EHR). However, MedicalChain in particular seems to be the case when it comes to its development. The company has already launched a platform in hospitals across the UK. MedicalChain strives to expand on this platform. The end result is better patient data storage, better healthcare and more efficient EHR systems.

MedicalChain provides an elegant solution to alleviating highly complex industry deficiencies. The team planning to realize this vision is very good, and the support that has been received from the crypto space. Still, as the launch looms, some key indicators are yet to emerge. It may have a certain impact on investor confidence, but in general, if the project is widely promoted, there will still be higher returns.

Project Features

There is significant growth potential for blockchain solutions in the healthcare industry, particularly in the area of ​​healthcare data;
Given the issues the NHS has had to deal with over the past year, it looks like a good idea for the team to start operating in the UK Good choice;
In November 2017, the team has joined the Hyperledger healthcare team and will receive rich resource support.

Application scenario

Telemedicine platform
Medicalchain will facilitate online consultations by allowing patients to communicate directly with doctors and share their health records.

Privacy and Access Control
Medicalchain users have full access and control over how data is shared. Users will have the ability to provide different levels of access to different users; they will be able to assign access rights and specify who can query and write data to their blockchain.

Telemedicine Platform
The doctor-patient platform allows users to connect directly with healthcare professionals, share their records, and obtain consultations and second opinions online through secure channels. Users can talk to real doctors anywhere in the world. Doctors will get paid for the time they spend on the platform.

Health Records Permission
Users have full control over their electronic health records on the Medicalchain platform. This will allow them to license electronic health records to pharmaceutical companies for research. When used in conjunction with Medicalchain's conditional access system, users will be able to easily set boundaries on what information a company can access, and for how long.

Application Development Platform
Medicalchain will allow third-party developers to develop and showcase their applications within the ecosystem. Health applications include evaluating medications, interacting with wearable data, fat measurement, diet and nutrition advice, and more. These applications will be directly connected to the Medicalchain platform. Patients will grant access to their health records to the app, in exchange for MedTokens.

2. Comments

Medicalchain creates a decentralized platform based on blockchain technology to exchange and use medical data quickly and transparently. The platform uses a dual blockchain structure, the first of which is built on Hyperledger Fabric to control access to medical data. The second is based on the Ethereum network, driven by token tokens, and is the basis for all underlying services and upper-level applications of the platform.

Medicalchain uses blockchain technology to securely store health records and maintain a single version of the truth. Various organizations such as doctors, hospitals, laboratories, pharmacists, and insurance companies can request access to patient records in order to fulfill their purposes and record transactions on the blockchain.

Medicalchain provides solutions to today's health record problems. The platform securely stores and shares electronic health records. There are countless industry synergies that can be leveraged by digitizing health records and empowering users.

The team tries to provide a solution to the current problems facing healthcare data:

1. Accuracy and circulation: Healthcare data is scattered due to different systems and data formats. There is no single authoritative data available to stakeholders;
2. Security and Fraud: Sensitive medical data is stored in antiquated centralized servers, and the level of security is not sufficient for reassurance. In 2017, the WannaCry (yes, the bitcoin extortion virus sweeping the world) attack destroyed the NHS (UK National Health Care System) and lost up to 500,000 pieces of medical information. The price of these sensitive data on the black market can be as high as 10 times credit card information;
3. Data storage: Medical data generally exists in several institutional entities, so it is highly dependent on these systems for security and so on;
4. Privacy control: patients have no control over who uses and accesses them medical information.

Related Links:
https://medicalchain.com/
https://medicalchain.com/Medicalchain-Whitepaper-EN.pdf
http://www .qukuaiwang.com.cn/szhb/3059.html###
https://info.binance.com/cn/currencies/medicalchain