MedChain : Pioneering Blockchain-Enabled Healthcare & Electronic Medical Records

MedChain - Pioneering Blockchain-Enabled Healthcare & Electronic Medical Records

Hello guys, As usual, I'm going to tell you about a very new blockchain based project called " MedChain". I selected this project due to its reliable and significant concept and most importantly its vision is very promising. So let's get into the topic.

Introduction

The project MedChain's objective is to make an efficient, secure and a framework which is more transparent for digital Medical Records using the blockchain technology. So this project will be able to improve the quality of healthcare services provided to people. At the same time, it reduces the cost of healthcare services provider. When considering current EMR systems we can see that there are issues such as

• Limited communication capability
• Inadequate transparency
• Lack of interoperability

But by the concept used in project MedChain, they have found solutions for these infrastructure problems. From the project MedChain basically, two parties are getting benefits. They are healthcare service providers and patients. So let's see what are them.

Benefits to healthcare service providers

There are a lot of benefits, healthcare service providers can access the data of patients very easily and efficiently. They are more secure than before. And annually this project will be able to save billions of dollars through this. Especially the data can be stored with a high security, so the healthcare service providers can provide a more trusted service than before keeping the privacy of patients.

Benefits to the patients

Records of patients will be very well stored with high security. Patients do not need to spend lots of money on frequent testings due to lack of data. And the patient does not need to worry about his/her personal details because now they have a trusted security with this MedChain project concept. Most importantly in an emergency situation, the health records can be easily reached. so it will save thousands of lives because this will help patients to get treatments efficiently. So now we can understand how important this project and how capable this project to make a revolution in the medical industry in the future world.

Main features of the Project :

• Smart Contract - Patient information is stored on a specially designed Distributed Storage Network.
• Federated Servers- Federated servers protect the MedChain protocol.
• Distributed Storage- Electronic Medical Records are encrypted and fragmented
  

So due to the above features, the process is more and more reliable, secure and simple than the previous process. It is more beneficial to both healthcare service providers and patients. So I welcome you all to read the whitepaper of the project ( I have inserted the URL below ) and take a idea of the project. And if you have any question please feel free to make a comment and bring it forward. I will write few more articles of this project in near future describing its new features with more details. Let's meet in the next article
Thank you ,
Vimukkthi Vithanage
Follow these links and keep in touch with this project :

Website : http://medchain.us/
White paper :http://medchain.us/doc/Medchain%20Whitepaper%20v1.0.pdf
Telegram : https://t.me/MedChain

Don't forget to follow these social media profiles to get the latest news about the project.

Facebook page : https://www.facebook.com/MedChainOfficial/
Twitter : https://twitter.com/medchaininc
LinkedIn : https://www.linkedin.com/company/medchain/

Bitcointalk Username: KidsJamanNow

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879

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V-ID : Digital data authentication platform

Nowadays, due to the large number of fraudulent transactions, the business is losing more and more money every year. This is due to greed and greed on the part of large companies. Today, organizations are constantly using numbered documents, such as the serial number of the check, to prevent fraudulent transactions. Such procedures are used daily in the field of sales, various kinds of certificates and numerous business reports of large and small companies.

Today, technology is rapidly developing and being introduced into the business. Gradually, the business began to use digital media to record important information about the income of companies and others. But unfortunately, the information in the network has no reliable protection against data forgery. Every year there are more and more fraudulent cases associated with the falsification of digital documents, which leads to huge losses of companies.

V-ID project was developed to solve the existing problems. This project is one of those who use modern technologies to prevent fraud with documents. By means of blockchain technology, the data are checked for authenticity and whether changes have been made to the documents by the Creator or the recipient.

Platform

V-ID platform is a completely new solution, which is designed for the main purpose — to prevent falsification of documents. V-ID uses blockchain technology to solve this problem, through which ecosystem participants are able to verify the authenticity of any digital document. Thanks to the blockchain, it will be impossible to change the data, because they will be in a safe and transparent environment.

Technological process of data verification.

The process is as follows — the content creator uploads the digital file to the V-ID platform before transferring the data to the recipient, who will eventually be able to view the original digital file without any adjustments. The platform itself has many functions, including checking video content, documents related to business and law, diplomas and others. The platform is able to detect any changes in the downloaded file from any user. At the end, the end user is able to verify this by downloading the source material to verify the authenticity of the document.

The video below clearly shows the whole process.

With regards to inspections, then there should pay particular attention to the fact, is not loaded on the platform of the digital file is in fact a fake. It’s very important to know. This check is performed by a V-ID platform specialist or by the user.

The latter method of verification provides the responsible person to check the digital file at any time.

Procedure of distribution of the token-ICO

The primary token platform V-ID is the token VIDT, standard ERC-20 on the basis of the Ethereum blockchain. It serves to verify a specific digital document. All data at the end of the check is recorded in the blockchain can be checked at any time.

✅ Token: VIDT

✅ Standard: ERC20

✅ Presale: from 15/09/2018 (first week bonus 35%)

✅ Main sale: October 15 to December 15, 2018

✅ Total supply: 100,000, 000 VIDT

✅ Softcap: $ 1,000,000

✅ Hardcap: $ 8,000,000

✅ Token price: 1 VIDT = $0.20

✅ Deposit: ETH

Tokens for the team will be blocked for 5 years. Each year they will receive 20% of the total amount. This is done to maintain a stable token rate.

Distribution of proceeds

Rating

Project team

The main team of project developers includes highly qualified specialists with many years of experience of working together.

More information about the team can be found on the project website https://token.v-id.org/?2#2

Conclusion on the project: Every year the technology penetrates into our lives more and more and it increases the risks of fraudulent transactions associated with the loss of digital data. The V-ID project solves the serious problem of falsification of digital documents. This is necessary because in this area are a lot of money. Having a strong cohesive team, they are able to realize all their goals and become an advanced company in the field of authentication of documents. The company definitely has potential.

More information

Website: https://token.v-id.org/?2

Telegram channel: https://t.me/vidtoken

Twitter: https://twitter.com/v_id_blockchain

Facebook: https://www.facebook.com/V-ID-277311629500577/

Whitepaper: https://token.v-id.org/page/v-id-business-white-paper.php

ANN thread: https://bitcointalk.org/index.php?topic=4918204.msg44277489#msg44277489

Bitcointalk Username: KidsJamanNow

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879

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