MEDICHAIN: Store Your Medical Data on the Most Secure Platform


Introduction
Our body is composed of millions of reactions happening each second. It is the greatest lab in the world. Scientist and researchers have always been fascinated by the human body. What goes on inside our body part is a natural attraction for people interested in studying human evolution. Many believe that we have evolved from the ape. All that we know about our body and its working has greatly been enhanced by the use of technology, which has accelerated the process of research and experiment in the study of human body and treatment in the disease.
Today, hospitals and doctors can safely say that the diseases they thought were untraceable at first checkup are easily identified within second with the help of technology. Healthcare technology has produced some of the amazing advancement in the life of people. We cannot thank enough to the technology for bringing rapid development in the health care in the world. The Health record of a person plays a key role in his successful healthy life.
The computer now stores our Health records which doctors use for better diagnostic services. The Electronic Health Records are one of the most important assets in the patient life. Companies controlling the data are playing the game with health records of the patients. They sell the data of the patients to the insurance companies and Pharmaceuticals without even informing the patients about them.
The only victim in this game is the patients, who do not gain anything this complex web of data exchange. The Electronic Medical record (EMR) is the key asset that every company in the healthcare sector need to target the customers. The Medical Research Labs, The Medical Insurance Companies, The Pharmaceutical Corporations and the hospital are all part of this lucrative chain which benefits them immensely by target their Customers.
The data security at these companies is another serious concern. The recent security breaches in their databases which exposed personal record of millions of patients are proof that how clueless are they about the data security. The sad truth of this whole episode is people have become powerless since no alternative exists in their reach, which can potentially change the current system.
We need a new order of the system where the Health record data is treated as the most secure asset in the company and people producing it are incentivised with full ownership and exchange rights. The recent trends in the technology sector indicate that it is certain to create a possible solution in the near future.
Solution Offered
MEDICHAIN is founded by Dr Mark Baker, who is ready to bring change in the way EMR is treated and used in the medical sector. It aims to build medical Big Data network where any patients across the globe can save his/her medical data off the chain to the chosen place. Built on the Ethereum Blockchain, a user can immediately store the data through an app after the checkup. The hospital and doctors can view the selected data as patients grants the permission for it. The cloud storage of the data creates security of the Health records and in the near future, they aim to build a data warehouse through API.

Medichain Utility Token (MCU) is the tool for the payment on the platform if anyone wishes to purchase the Data blocks of the patients. Researchers, Pharmaceutical companies and Insurance companies can be part of the ecosystem who will be given access to the data according to the specification and rules set up by the patients. The Ownership of the data lies with the patients.
ICO INFORMATION AND TEAM
This is indeed a very big project and they require public to support them in their endeavour to bring change in the current system. The MCU tokens are created for many purposes, such as medical data services, medical research services, MCU Discount and Research Program Voting. 40% of the total MCU will be used in the ICO. The Token Presale begins tomorrow in which 6.5% of MCU Token will be sold. The Whitelist process for participating in the MCU Token Presale is live on the website.

The attracted funds will be utilised for the business development, academic research, market expansion and Engineering technology. The team behind the Platform is hard working professionals from various domains such as Medical, UX Design, Customer Management, Blockchain technology, Entrepreneurship and Investment.
Conclusion
The body has evolved into the shape as we know today as humans and the learning, the shortcomings in the body are all part of the evolution. We have since then become much more caring about our health and body. We have been studying the way it works and functions and trying to identify the causes of malfunctioning of an organ, and remedy for the specific diseases. Many scientists have devoted their life in search of the cure of many diseases that we are using it on a daily purpose.
The Global EHR Market is estimated to be 15.56 billion dollars and forecasted to be growing to the 23.98 billion dollars. The Big Data is the future of the sustainable medical care. Bringing a fundamental change in the way the Health data is treated and stored, MEDICHAIN is building the infrastructure for tomorrow's medical revolution which is mainly focussed on the data of the patients.

Blockchain technology could revolutionise the Healthcare if it enables a sustainable framework for the Distribution and ownership of the Medical data. They aim to build an open marketplace of the Electronic Health Data where anyone can access the data according to the rules set up by the people creating the data. This will boost the research in the medical sector which requires reliable and accurate data to experiment with the new solution in the field.
I think they are on the right track to boost the trust and transparency around the healthcare data. The platform will help people and hospitals to track their health wisely and securely. Every life Matters and data associated with patients can potentially save lives of billions of people. It's time to move to the next stage of Healthcare data records.
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Published by: Kishan748

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