MediChain gives patients ownership of their own medical data: Check out this new ICO on health sector.

in #cryptocurrency7 years ago (edited)

If there's a sector that could have improvement in terms of data organization it's the healthcare area.
Get to know:

Medichain

medichain main.png

Medichain will give ownership of their data to patients and attendants on healthcare sectors.
Patients will be able to carry their medical data in a secure and private way, each user will be able to decide how anonymised their data will be.
It also runs free of cost for patients and doctors, being monetized by the patients who let companies use data for research.

A plus on blockchain technology is that it has no boundries.
You'll be able to use your Medichain data with different doctors, healthcare providers, companies or even in different countries.
Have you thought about the potential number of costumers? More than 2,000,000,000 people.
Imagine, you travel abroad and have access to a global healthcare system where MCU tokens are accepted for different services on the health are and you don't even have to deal with exchanges (euros to dollars to Yens to indian ruppees, no more!)

The biggest problems on the health sector we have nowadays are:

  • High spends on research, by big pharms.
  • Medical errors are the 3rd biggest cause of death in the US causing more than $1 trillion costs (only in US, not counting the whole world cenario)

Medichain claims that with a better data organizations and technology we'll have improvement of these problems and even others!

Token and Technicalities:

medichain holders.png

$MCU is an utility token that represents the value of arbitrary patient data blocks.
They'll have several different use cases including:

  • Purchase of digitally transmited medical services.
  • Voting to determine the focus of future research by companies, labs, healthcare networks and academic institutions.
  • Discounts
  • Payment of Medical Data Services
  • More possibilities to come.

You can have a better view with this image, extracted from Medichain Whitepaper:

Soft Cap of the ICO is $2 million USD
Hard Cap is the figure of $40 million USD

The allocation of tokens happens like that:
Pre-Sale Maximum 6.5%
Public Sale 40%
Partner Fund 15%
Team & founder Fund 18%
Advisors 6.5%
Medical Data Fund 10%
Bounty 4%

1 MCU will be equal to $1 USD at time of release and all unsold tokens will be burned.

These are quite ambitious plans on funding and insanely high value.
The healthcare sector is definitely one that needs disruption of current basis in urgency and could be highly benefited by improvements in the technilogy of it.
Do you believe Medichain team can deliver this disruption?

Talk about Roadmaps:
Medichain already have plans for the next 2 years of development on the project.
Including several hackatons, partnership with pharma companies, publications, smartcard and more.
check it out on their released timeline:

medichain.jpg

Pre-sale starts on February 5th and you can already whitelist clicking on the red button.
More info on their website

what are your thought on this project?
Would you invest in Medichain?
Do you think it has a real application and can bring something good to the world?
Talk a bit more in the comments!

Make sure to follow them on twitter, check their ANN on bitcointalk, whitepaper and their bounty campaign

Have any more questions? they also have a great FAQ on website

Cryptocurrencies and ICOs can be dangerous, you could lose all your money and even die, never invest more than you can afford to loose and never buy poisoned water bottles. Also, remember to exercise regularly, stretch, eat colorful vegetables, good sources of fat (like butter and coconut oil) and go out on the sun regularly. Food and lifestyle changes can help you avoid most of the common world diseases, even cancer or Alzheimer.


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Looks like promosing projoect. You should check http://bit.ly/2DiZlTt they have a great team with already operating FinTech business.

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