MediBloc is a healthcare company located in Seoul. Give individuals “sovereignty” over their patient care records.. It uses their data and healthcare information at their discretion to meet their own needs. This technology is a high-performance blockchain-based digital data ecosystem that is decentralized, tamper-proof, and optimized for health data exchange.
MediBloc’s platform components include Blockchain Data core. There are also servers for sharing information with authorized users, mobile apps for full access to authorized information, and tokens for driving participant reward systems.
Review of the long-awaited medical information system
In advanced medical and healthcare systems around the world, the “ownership” of patient medical and other health-related records has been controversial for decades. Of course, efficient and accurate recording of patient health information is the basis of effective services by doctors and other healthcare professionals, hospitals, nursing homes, specialty facilities, pharmacies, third-party payers and more. Records should be updated and retained throughout the patient’s life.
Dissatisfaction with medical information systems
The main cause of the problem is that most clinics and medical institutions are responsible for maintaining the patient’s own records and displaying these records as, in a sense, proprietary. Another problem is that sharing data raises the issue of confidentiality of patient information.
The The problem is highlighted By investigating the problems that the healthcare information system may present to individuals with developmental disabilities:
- They see many doctors and take many medicines, so an accurate and up-to-date medical history will make each doctor’s job more effective and efficient if a complete patient record is available. ..
- Patients with developmental disabilities may have difficulty remembering and communicating their treatments and medications. This is a problem that can be addressed by quick access to a good medical history.
- A complete record of the signs and symptoms recorded from other visits is the basis for diagnosing problems in new and non-new patients.
- Of course, in an emergency, all these concerns are more pressing.
A solution that has been repeatedly proposed and long advocated has been to move the patient’s medical records with the patient. Barriers to this are decentralized data on patients collected and maintained by diverse practitioners and institutions, the lack of interoperability of these records, the practical problem of safe record keeping for patients in all conditions, and It was a specific regulation on who could do it. Access information.
The MediBloc Blockchain-based innovation goes from institution-to-institutional health information exchange (HIE) to community-wide patient-centric health care, with the costs of both maintaining a highly redundant database and the inefficiencies discussed. It has the potential to achieve a true paradigm shift. Information system. Both patients and healthcare organizations can benefit from such a paradigm shift. Realize long-term cost savings with MediBloc’s institutional partners.
Blockchain Technology: Born to tackle this problem
MediBloc specifically requires the entry of patient information into a single, persistent, shared, secure and accessible database that implements blockchain technology to serve the ecosystem of all involved participants. Address these and other issues. The protocol layer is Cosmos Ecosystem.
MediBloc achieves this with a three-tier, patient-centric health data platform based on the blockchain. Panacea.. Focuses on connecting fragmented health data. Panacea blockchain Use the Delegated Proof of Stake consensus mechanism. The votes of network participants determine the verifier, the person who creates the block. New blocks are created and synced efficiently and quickly. Validators who successfully fulfill their role will be rewarded with MED coins as an incentive.
What kind of content is it?
- The MediBloc core is a scalable blockchain as your system grows.
- The MediBloc service uses a Smart Contact code to create a standard contract when two or more parties share information.
- With the MediBloc app on mobile devices carried by patients, practitioners, partner company representatives, and others in the ecosystem, you can access and address the information you need for your role anytime, anywhere. increase.
The vision is that patients will eventually have full control and immediate access to their medical data. Physicians and other practitioners will have the information they need to optimize care for each patient’s medical history.
MediBloc Transparency Goal
Blockchain technology has been a natural selection for maintaining the high level of transparency that MediBloc requires.All other activities, including writing, reading, access to medical information, and recording where, when, and why the data was used, are permanently recorded in MediBloc. ledger.. Transfer of authority and management of patient records should reduce cases of improper use of medical information.
Participants have one of three different MediBloc accounts: general users (patients), healthcare professionals, or data analysts. The system authenticates these credentials with different levels of access and permissions.
The great benefits and widespread appeal of MediBloc show that individuals and institutions conducting studies (eg, controlled trials of new drugs) use the platform to negotiate the use of information with patients. Of course, this is another issue raised by existing patient recording systems.
Analyzing data is a constant need for the industry to assess and assess overall progress, maintain statistical data on diseases, and conduct research on new therapies, new drugs, and new technologies. Due to privacy laws that protect patient confidentiality, it is often difficult to access the data you need. If the patient gains full rights to the data through MediBloc, the patient may be part of the solution to this problem. This gives you permission to share healthcare data that you deem appropriate. MediBloc Cryptocurrency, MED token. Incentive patients to consider requesting data from MediBloc partners.
Technical components
Doctor Palette Cloud EHR
Individual and institutional providers in the MediBloc ecosystem will be able to use MediBloc’s second generation Dr. Palette.It’s one of many Electronic health record (EHR) A system that medical institutions can use to create and provide health data with MediBloc.The doctor Free choice Ability to add to the application according to the needs of the hospital.
EHR (or EMR) software helps healthcare providers manage patient medical records and workflows. Healthcare professionals can customize the system in different ways to suit their applications. This includes taking notes during the patient’s examination and providing information to comply with government requirements.
Medipass
Medipass has solved the problem that patients have their own medical records when visiting doctors and hospitals, which were once mostly imminent. The mobile app integrates medical data from various hospitals and other sources. This gives patients comprehensive medical records with access to everything. This includes accurate recall of medications and allergies for making health insurance claims.
MainNet
MediBloc has more than 20 partners among national and international healthcare companies, including hospitals, medical centers and insurance companies. The role of the partnership is to help integrate the ecosystem by becoming a “node” that guarantees the decentralization of the blockchain. MainNet mediates the use of the platform by partners.
Healthcare companies, healthcare institutions, and other partners (nodes) working with MediBloc can be elected validators for blocks that receive MEDs (similar to regular and professional members). .. token As a reward for the success of your job.
MED token
The MediBloc platform uses two tokens, MED and MEDX, for a variety of purposes and activities. Patients can transfer or exchange MED tokens. Participants can earn MED points or purchase with MED tokens based on their contribution. There is a MediBloc wallet for handling MED. The standard for tokens is ERC20. For example, MediBloc uses MED tokens to allow patients to make money from their medical information and sell it to medical researchers. Patients retain the right to decide how to share information and who they are.
Patients can track token cans with GeckoCoin, CoinMarketCap, and Xangle. It is currently trading at around $ 0.042.
Blockchain meets the perfect challenge
It is difficult to challenge the claim that patients have the right to their medical data and records, even if collected by others. After all, the people who collected it provided services that patients paid directly or indirectly. Of course, keeping records under patient control may not solve all flaws in the current system. A trivial number of patients (children, some psychotic patients, dementia patients) cannot be held responsible for their records. However, their healthcare provider can enter patient information into MediBloc to make it accessible to them and others.
The Blockchain solution The long-standing distress of medical records for patients who are fragmented, decentralized, and often inaccessible seems likely to be a disruption to the current system with its powerful appeal. Blockchain’s strengths appear to be almost perfectly “fit” to the problems of advanced patient recording systems in millions of offices and hospitals. This is an increasingly vast and indispensable use case. But it hasn’t been able to take the next step for a long time.
