MEDCHAIN

About Medchain
MedChain offers a blockchain and distributed storage solution for Electronic Medical Records (EMR) and Protected Health Information (Ephi) electronics. The MedChain Network (MCN) is an extensible, layered architecture and protocol system organized and guaranteed with several blockchains that utilize a multi-crypto-sign framework. The architecture has been thoroughly examined because the health arena is highly regulated and the personal interests of all developers involved.

Medchain mission
MedChain's mission is to use blockchain technology to build better, safer and transparent frameworks for Electronic Medical Records (EMR) that greatly improve the quality of caring for patients while reducing the costs of healthcare providers. This allows companies and individuals to build software and applications within the framework of facilitating safe and transparent global compliant storage.

Medchain goal
MedChain's goal is to secure patient data, improve patient outcomes, reduce costs and put control back into the patient's hands - both literally and figuratively. MedChain's solution benefits providers from the smallest private practices, for all laboratories supplying test results or durable equipment, with the largest hospital system in the nation by increasing interoperability between each EMR system involved. Cost savings will be realized throughout the industry by integrating data flow and user experience, reducing IT Overheads, and ensuring correct and accurate data for each patient.

Ways of working
The MedChain Network will be launched in several phases. The first phase will establish a "common data layer" that all existing and future software providers can plug into, and that all future phases will build upon. The common data layer is called the Safe Medical Record Chain (SMRC). the next phase will release complementary blockchain networks that build features and capabilities above the SMRC. Two distributed applications (dApps) will also be distributed during Phase I. They are DAPP patients and DAPP Service Providers. DAPP patients will be available for free to patients throughout the nation and the world. With this DAPP, Patients can view their medical files, see who has used them, and provide special services to their providers of access to several or all files. In the future phase, patients will be able to schedule doctor visits, manage insurance bills, and see alternative options to improve their well-being.

Allocation of Token
The Medchain MedCoin Token will have an initial supply supply of 100,000,000 (100 Million) Tokens with total supply can be removed from 1000000000 (1 Billion) through the POST / PoA / PoR consensus algorithm.

During initial distribution, disbursements to investors are expected to reach 60%. The total amount of supply may be issued will eventually represent 90% + community ownership of the MedCoin Token. 


 

 

Security token

MedCoin
The MedCoin SEC-submitted security token that tracks the financial health and well-being of the MedChain Network. MedCoin is an Ethereum-based ERC-20 network (or similar) sign with an initial distribution supply of 100,000,000 and a total mintable supply of 1,000,000,000. The fixed supply and asymptotic minting levels of the pool sign remain on the driving force behind MedChain's infrastructure and the important factors for MedCoin's long-term economy. See Initial Coin Offer (ICO) specifications on our website for more details. MedChain is currently investigating the feasibility of offering token tokens as a reward system for HIPAA, GDPR and global compliant storage space providers rather than using the fiat currency as described in the above section. The evolving SEC rules and interpretations will determine if securities can be used as a payment mechanism.

Utility Token
All storage and retrieval requests, and other internal uses in the system, will use a utility token, never MedCoins. Currently, there is one utility token called Record Token for SMRC.

Record Token
The MedChain utility sign for SMRC is Record Token. Record Tokens are bound with real fiat values ​​to eliminate the need for service providers to worry about the conversion rate or volatility of a traded cryptocurrency or sign. The initial value for the Token is scheduled to be $ 0.001 US through MedChain. Record Token allows the Service Provider to store 1 MB

Data for one month. This level will change as Storage Market changes through changes in storage prices and infrastructure costs. Storage Market Design, however, has been carefully architected so as to reflect the actual storage costs (aka real-cost) available from storage Nodes.

ROADMAP

 

TEAM

 

ConclusionMedChain is uniquely positioned to solve the problems of Electronic Medical Records and electronically Protected Health Information systems. Our team has extensive experience in health care, IT systems and Blockchain. Our deep understanding of the challenges in health care has enabled us to design solutions that provide lasting benefits for patients, providers and other stakeholders in the health care ecosystem.
Our solutions will improve patient outcomes and reduce health costs by solving the two biggest challenges faced by ESDM and Ephi systems: data security and interoperability. We will achieve this by placing patients at the center of their own medical records, and using new implementations of the Hyperledger Fabric blockchain, new implementations of permissioned Distributed Storage Networks, and verification of anchoring to the Ethereum Blockchain for transparency and auditability. MedChain is currently the only ICO to offer SEC-submitted offers with HIPAA & GDPR-compliant solutions for Electronic Medical Records and Health Protected Electronics Information systems.

For more details, please click the link below:

WEBSITE: https://www.medchain.us/
TWITTER: https://twitter.com/medchaininc
TELEGRAM: https://t.me/medchain
WHITEPAPER: https://www.medchain.us/doc/Medchain%20Whitepaper%20v1.0.pdf

Bitcointalk profile: redtrust
Ethereum Address:0x6E7abE1d59BF334c13B5b0426E091Da269475072