Medicalchain

Medicalchain

Created using Figma
Created using Figma
Medicalchain is a decentralized platform that enables secure, fast and transparent exchange and usage of medical data. We introduce utilization of blockchain technology to store patient health records and maintain a single version of the patient’s true data. Medicalchain will enable different healthcare agents such as doctors, hospitals, laboratories, pharmacists and insurers to request permission to access and interact with medical records. Each interaction is auditable, transparent, and secure, and will be recorded as a transaction on Medicalchain’s distributed ledger. Moreover, no privacy is lost in this process; Medicalchain is built on the permission based Hyperledger Fabric architecture which allows varying access levels; patients control who can view their records, how much they see and for what length of time. Medicalchain is dedicated to empowering patients, improving outcomes, and building healthcare infrastructure for the future.
Feb 1, 2018
Feb 2, 2018
100% completed
$23 991 953
100% cap completed
Cap 24 000 000.00 USD
past
  • 1 MEDTOKEN
    =
    0.25 USD
Sep 15, 2017
Dec 15, 2017
100% completed
Raised funds - no Data
Cap 6 300 000.00 MEDTOKEN
past
  • 1 MEDTOKEN
    =
    0.2 USD
Token Details
Ticker
MEDTOKEN
Accepted Currencies
ETH, BTC
Company Details
Registered Country
United Kingdom
Additional Details
KYC
Yes
Categories
Health

About Medicalchain

Medicalchain is building a platform for secure storage and utilization of electronic health records on the blockchain. The company is also building a telemedicine platform to allow users to directly connect with healthcare professionals, share their records and get consultations, second opinions, online through a secure channel.

The company was originally founded in February 2016 to provide a software solution inside hospitals. The solution is known as ‘Discharge Summary’ and it uses a workflow tool to accurately write an assessment of a patient as they are being discharged from surgery or a long hospital visit. The software is currently being used by hospitals in UK and the team decided to extend this project and go further with Medicalchain.

Medicalchain wants people to have access to their health records everywhere. Today, you can travel far and wide and you will have access to your phone, contacts, photos, files, bank accounts but not your health records - probably the most important and life saving information you need. In most developed countries around the world you, as a patient, have a legal right to request your records. Medicalchain is providing you with a platform to do that. But more importantly, Medicalchain wants its users to be able to use it immediately by communicating and sharing (on a time limited basis) with other doctors.

The bigger vision is to allow pharmaceutical, insurance and other healthcare organisations and stakeholders to be able to interact with health records on patients' terms. Medicalchain believes that health records should be a part of everyone’s life and not just referred to when someone is ill.

Legal Overview:
Please note that we have hired KPMG in Lugano and have applied for a FINMA ruling on our utility token for Medicalchain. I can provide you evidence of our FINMA ruling application but this cannot be published publicly.

Technology:
Please note that we are using Hyperledger for our technology and ERC20 token for the ICO. We are members of Hyperledger and Linux Foundation.

Features

Medicalchain uses blockchain technology to store health records. The different organisations such as doctors, hospitals, laboratories, pharmacists and health insurers can request permission to access a patient’s record to serve their purpose and record transactions on the distributed ledger.

Medicalchain provides solutions to today’s health record problems. The platform is built to store and share electronic health records. By digitizing health records and empowering users Medicalchain can leverage countless industry synergies.

Medicalchain Roadmap

  • Feb 2016

  • Conceptualization of ideas. Development started.
  • Dec 2016

  • Cardiology department identified as good starting point to cultivate idea.
  • April 2017

  • Discharge Summary website in production stages with data collection process.
  • May 2017

  • Wide adoption of website through-out Cardiology department of Leeds Teaching Hospital Trust.
  • Read More
  • June 2017

  • First release of Medicalchain source code for prototype.
  • December 2017

  • Discharge Summary moves to Hyperledger.
  • January 2018

  • - Release of mobile app, patients can port medical record to blockchain.- Doctor enrolment programme for Medicalchain platform.
  • February 2018

  • Nationwide rollout of Discharge Summary.
  • March 2018

  • First rollout of Doctor to Patient communication platform.
  • June 2018

  • First direct connectivity to hospital EHR in Europe and US (Beta).
  • August 2018

  • Smart contract for insurers and researchers.
  • October 2018

  • Rollout of platform to pharmacies and doctor practices.

Activity

Activity:
7
VERY LOW
Posts:
18
VERY LOW
Views:
3 491
LOW
Posts:
1 147
VERY HIGH
Followers:
1 538
LOW
Likes:
1 339
LOW
Rating:
3.40
MEDIUM
Followers:
14 737
VERY HIGH
Tweets:
959
VERY HIGH
30 Days Growth:
-97
Members:
13 308
VERY HIGH
30 Days Growth:
-673

Medicalchain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dominik Zynis
‌WINGS and Mastercoin / Omni
unverified
Dr Abdullah Albeyatt...
Co-Founder at Medicalchain.com, Co-Founder at disc...
unverified
Mo Tayeb
Co-Founder at Medicalchain, Investor, Entrepreneur...
unverified
Jay Povey
Blockchain Developer at Medicalchain.com
unverified
Robert Miller Jr
Strategy and Partnerships at Medicalchain
unverified
Emma Whitford
Spreading the word for Medicalchain & directing th...
unverified
Andy Yee
Director of Public Policy & Government Relations a...
unverified
Paolo Barrai
Co-Founder at CryptoPolis
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dr Stewart Southey
Medical Advisor/Business Development at Medicalcha...
unverified

2 ICO

$23 991 953

Richard Hadfield
Portoflio Advisor
unverified

2 ICO

$23 991 953

Vincent Biret
Blockchain Advisor
unverified
Ivan Guevara
Advisor
unverified
Robert C. Miller
Advisor
unverified
Dr Dominik Schlossha...
Advisor
unverified

9 ICO

$364 992 953

Eddy Travia
Advisor
unverified

Medicalchain Last News

4.15
positive
5.0 3
ICO Profile Vision Activity Potential Product Team

Medicalchain Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

MEDICAL CHAIN

Health record entails important database of the health treatment of the patient involving immunization records, screening records and lab results. It has played an important in history as an important legal document for monitoring of health, planning and administering treatment to the patient .It should therefore  demands the to be securely stored  to avoid mishandling of the health records many individuals.

POSITIVE VALUES

Secured patient rights: The digitalization of the health sectors assures the patient of their medical rights as their medical records will always be available. The techniques applied ensure that the records are safe and accessible without majorly relying on the operators’ existence. The project is therefore very important as it eliminates undefined processes of transmission of health details which can result to disposal of health documentations.

Easy sharing of health records. The electronic health recording ensures easy access of the individual health details with a lot of transparency from any place. This enables patient to have an easy follow up of their health progress from place to place without consulting many doctors. This can only be achieved when the health records system is fully secure making the project viable.

Health security: Confidentiality in terms of the specific health details is a key value for all patients; this builds the trust of the patient with the different operators handling their details allowing easy diagnosis and treatment. The medical chain of ensuring the health data and information is highly secured is therefore of great importance in safeguarding the health details and building their trust.

NEGATIVE VALUES

Inadequate laws of access: There are no clearly outlined laws for retrieving the health details in case of demise or retirement of the operators in charge of the system. This creates complications whenever the medical records are not clearly stated and hinders proper treatment.

RECOMMENDATIONS

This project promotes the implementation of the patient rights including privacy and easy access to their medical data hence making it viable and profitable.

Read More
cryptobriefing.com
News, reviews

Medicalchain offers an elegant proposal for mitigating deficiencies in a highly complex industry. The team who plan to bring that vision to fruition is superb and from the support they have already garnered within the crypto space, it’s clear the community feels the same. Still, with the ICO around the corner, some crucial indicators just aren’t there yet. With that said, we’re willing to make a small bet on the Medicalchain ICO as the situation stands right now. As always, we’ll keep an eye out for any further developments in the coming days before the ICO and update accordingly.

Read More
icotokennews.com
News, reviews

There are countless companies that seek to bring the blockchain technology to the existing EHR landscape. Nevertheless, the Medicalchain network has taken a head start and is developing at a tremendous pace. The company has already released its blockchain network in the hospitals in the UK. As a result of the platform’s robustness and a network effect it is relying on, it makes sense to invest in MedTokens.

Read More
icocrunch.io
review

Considering the lamentable situation in healthcare system in the United States including medical errors and lost health data, it’s obvious that Medicalchain is working on a real problem. The team having enough experience and expertise in healthcare and technology looks able to make this project successful. Medicalchain also good at self-promotion, they have more than 10,000 members on the Telegram group. But we must take into account a number of other projects competing with Medicalchain, such as Patientory or Medibloc.

Read More
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