MediBloc (MED)

What is MediBloc

 The current state of electronic health records are centrally-stored by medical institutions. In addition, medical privacy laws have restricted health records to be only obtainable by the patient, giving healthcare providers primary stewardship of patient data. Centralized repository of medical data have prevented a holistic understanding of patient medical status, and this scattering of data across various organizations have diminished the quality of patient care. While demand for medical data continues to increase, there is just a lack of reliable, quality data for medical research and Artificial Intelligence. And despite the large amount of data being produced, the actual data that can be applied is limited. Which goes back to the core problem of valuable healthcare data being siloed and distributed among various institutions.

MediBloc is an open-source healthcare data platform built on the blockchain. It compiles a complete indexed history of all patient medical information; validating and securing every change along the day. It can safely secure and integrate scattered data from various institutions, and also collect data from devices like the smartphone. Patients manage their personal medical records based on individual needs, setting grounds for exercising ownership and control over personal medical records. Patients have full access to their data and can assign access permissions for medical institutions and allow authorization for those who can write data on MediBloc. Also other participants- individuals, research institutions, private corporations interested in obtaining medical information will be able to access with permission. In addition, software engineers and developer communities can build new services with the MediBloc platform API and SDK to exchange data with the platform and drive innovations in the healthcare applications market.

MediBloc will issue Medi token(MED), the cryptocurrency used on this platform, to build a competitive ecosystem. MediBloc users will be incentivized for their contribution on the MediBloc platform. This will reward participants- ranging from patients to healthcare providers- with MED. MED can also be used to complete transactions for medical and pharmaceutical expenses, insurance premiums, etc. at institutions associated with MediBloc.

MediBloc offers a healthcare data exchange platform/ecosystem, that will promote interoperability and allow all entities- patients, practitioners, medical institutions- to freely take part in exchanging data. We believe that the MediBloc platform will revolutionize the healthcare industry by redistributing the rights to data ownership and viewing permission of healthcare data.