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What is MediBloc?
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What Is MediBloc (MED)?
MediBloc (MED) is a decentralized blockchain protocol for the healthcare industry. It allows medical institutions to securely transfer, collect, store, and manage data. With MediBloc, physicians can access patient information, medical history, prescribed medication, insurance issues, and more. The platform is built on three key elements: MediBloc Core, MediBloc Application, and MediBloc Service. It offers three categories of accounts for general users, healthcare providers, and data scientists. The project aims to improve the quality of medical services and infrastructure by optimizing information storage processes and giving users sovereignty over their own data. MediBloc is compliant with the HIPAA Security Rule.
Who Are the Founders of MediBloc (MED)?
MediBloc was launched in 2017 by a team of qualified doctors in collaboration with experienced entrepreneurs and talented developers. The co-founders of the South Korean company are Dr. Allen Wookyun Kho and Dr. Eunsol Lee. Kho holds a Bachelor of Science from Korea Advanced Institute of Science and Technology and has software engineering experience. Lee holds a Bachelor of Medicine from Hanyang University and specializes in radiology and biomedical informatics. Both founders have impressive backgrounds in their respective fields.
What Makes MediBloc (MED) Unique?
MediBloc aims to build a patient-centric health data platform and revolutionize the healthcare sector. It brings together patients, healthcare providers, and medical researchers in a decentralized platform. The patient is the ultimate owner of their health data, records, and treatment history. Data loss is prevented by backups, and only reputable medical institutions and trusted healthcare affiliates can make changes. The platform provides an objective incentive system where contributors are rewarded in MED tokens.
How Many MediBloc (MED) Coins Are There in Circulation?
MED is a native utility token of the MediBloc platform. It's required for storage payments, insurance payments, and transactions. The distribution of tokens is as follows: 50% to ICO participants, 20% to the team, 12% to development, 10% to investors and advisors, and 8% to research.
How Is the MediBloc Network (MED) Secured?
MED was originally deployed in the Ethereum ecosystem and later moved to the Qtum blockchain. The platform now operates on its own mainnet. It uses the Delegated Proof-of-Stake (DPoS) consensus algorithm, providing network security through the approval voting of delegates.
Where Can You Buy MediBloc (MED)?
MediBloc (MED) is available for purchase on various crypto exchanges including Bithumb, Bittrex, Gate.io, Osmosis, Upbit, Korbit, and more. You can also track MED in real-time by downloading the CMC mobile app.
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