The Medical Big-Data Platform
Saving Lives With Blockchain
MediChain gives patients ownership of their own medical data.
MediChain is a medical big-data platform. It allows patients to store their own data in a secure way and give access to specialists anywhere regardless of the payer network or EMR (Electronic Medical Record) used.
Take Your Data Anywhere You Go
Move it between healthcare providers, specialists, insurers or even countries
Keep Data Safe and Anonymised
Patients decide how anonymised they want their medical data to be
No Cost for Patients or Doctors
Monetised by patients opting to let medical scientists and companies use data for research.
worth of problems solved
faster transaction speed
First, US big pharm spends $157 billion a year on research.
Second, Medical Errors are now the 3rd largest cause of death in the US costing $1 trillion in the US alone.
The Data Solution
Population-based de-identified patient data has already produced advances against WHO’s (World Health Organisation) top ten diseases including diabetes and heart failure.
Population data lets researchers tackle the big issues in medicine.
What MediChain Offers
Using Blockchain Technology, MediChain will promote these research breakthroughs.
Sharing Medical Data
By patients opting in and sharing their medical data, they will be able to help people who are suffering from similar health issues.
Additionally, sharing medical data will streamline the process of finding cures to the world’s worst diseases.
“MediChain is revolutionising medical records and healthcare with Blockchain”
— Dr. Mark Baker, CEO and Founder
Token Holder Benefits
MediChain Utility Tokens (MCU) represent the value of arbitrary patient data blocks.
Token holders benefit in a number of ways:
- Institutional Medical Data Services (including Diagnosis)
- Medical Research Data Services
- Any/All additional future business transactions on the MediChain Platform
- Research Program Voting. Get the chance to determine the focus of future research
- Personal Medical Data Storage and transfer
- Personal Medical Data Services
- MCU Discounts
Our founder’s network gives us a wealth of connections
Our Roadmap for 2018—2020
System live and scaled on Rackspace servers
Scientist program, 10+ rolling grants to get high quality data
Outreach program to determine data needs
Data stakeholder program starts to ensure buy-in
Outreach program 1-3 grants gets best data
Headhunting world class talent in line with needs
Attracting great talent. Includes hackathons
Research and build high value data partners
Partnerships developing 10-15 companies
Scientist Program, 3-5 grants to get high value data
Integration between EMR and MediChain completed
Ongoing operational needs analysis
Data 1TB+. Tech upgrade to handle next petabyte
Q3: Additional white hat and tiger teams
Shift to fast parallel blockchains for different WHO data sets
Data PB+. Tech Upgrade to handle next exabyte
Maximising growth, value and social impact
Funnel, bring in and develop top talent
Scientist program, 5-10 grants to get high value data
Develop API for third party integration, promotion and support
Promote high profile medical hackathons
Partnerships closed with 5-10 companies
Research and build high value data partners
Target for first publications with epidemiological trends
Formation of Medical Blockchain standards group
Tech EB+ Upgrade to handle next 10EBs
Partnerships closed with 1-3 companies
Annual Big Data IT & Science symposium for MediChain
Upgrade to version 2.0 for scale and security
Systems start to acquire patient data to MediChain
Initiation of Doctor and Patient Smartcard program
Maximising growth, value and social impact
Data 10EB+. Tech Upgrade to handle next stage
Aims to be the leading data provider in the industry
Partnerships close with 10-20 companies
A diverse group of individuals brought together by a passion for the positive social potential of blockchain technology.
- The healthcare data systems currently in use are the ones we are trying to disrupt. The most obvious of these are the electronic health record (EHR), or electronic medical record (EMR) companies that dominate the market. They gather and store patient records; we plan to give them rewards for their data (taken from our pharmaceutical company payments and partner tokens program), they become natural allies. Companies like patientory.com have put themselves in direct conflict with those massive companies.
- Medical insurance databases like the French Système national d’information inter-régime de l’assurance maladie (SNIIR-AM) prove the market for epidemiological, pharmacoepidemiological and health economic research and will actually form a subset of our databases, although our data will be more flexible and designed to be useful to pharmaceutical companies using the knowledge gained over the last 15 years since SNIIR and EGB were set up.
- MediChain would actually provide a free-to-user big data store for National Providers which would create huge value to them which we can leverage.
Non-token operating profits come mainly from pharmaceutical company ‘shallow scans’ of the databases to look for trends. It is expected that no more than 5% of this will go into bonuses and incentivization and profit sharing schemes.
We are using the ICObox platform for our tokensale. This platform is very mature and has been tested by many ICOs. It was tested during some super popular ICOs that faced hackers attacks (Paragon, Crypterium) and worked out just fine.
The current generation of MediChain is as secure as your Bitcoin and Ethereum currency. After launch we will be adding optional smartcard security.
Our team currently constitutes of approximately 20 individuals. Most of our team members are highly experienced individuals with background in healthcare, blockchain and startups. We also have a very strong advisory board that includes some of the most knowledgeable and influential people in the blockchain ecosystem.
The concept has been under development and refinement by founder Mark Baker since June 2015. Medrec which the MVP of the first generation technology is to be based on was first discussed publicly in 15 Apr 2016. The ICO aims to launch the first large-scale commercial version in 2018.
There are multiple projects aiming to fulfill a similar role as we are. We believe that MediChain may become one of the industry leaders in decentralized EHR and patient databases in the coming years. We share a similar vision with the projects listed above, but we will be approaching the problem with finer attention to research, issues with systems currently in place around the world, and blockchain integration.
From an architectural standpoint, we don’t feel blockchain alone is able to scale for the masses. So instead of storing all the medical data in the blockchain like our competitors, we created a hybrid of blockchain and offchain data storage. The blockchain stores pointers to the data. The data itself gets stored in the cloud and is only accessible by the cryptographic keys. This results in faster speeds, while still having the privacy and security of the blockchain.
Yes, that will be organized through icobox.io and will begin on February 5th.
ICO progress will be posted on the front page of the site and through twitter at regular intervals.
We have a hard cap.
You can read what the benefits are for token holders at the “Token” section above.
No. MediChain Utility Tokens (MCU) represent the value of arbitrary voting rights and patient data blocks.
Like many ICOs, the income we received during the token sale is being treated as regular revenue, and is immediately available for use according to the business plan. Any tokens awarded to employees in connection to the token sale will be subject to a vesting period, just like equity, and will be paid out from the corporate accounts on a set schedule.
If you want to purchase MediChain tokens for more than $250K in the presale or $5M in the main sale we are available to discuss this as you wish. Please contact email@example.com
Be careful of scammers! They are common during ICO’s. We’ve already received one report of a Twitter account attempting to impersonate us. It links to a Google Doc’s Form to attempt to have people send them Eth.
We’ve reported them to both Twitter and Google. But, there will likely be more scammers as we get closer to our ICO.
You can find our official social media channels by the links at the top of our site. Within our Telegram group, only “admins” should be trusted.
Also, our emails will only come from @medichain.online email addresses. So don’t trust any other email addresses.
Always make sure you’re on our official channels and don’t trust anyone that isn’t on our team.
You can email us at firstname.lastname@example.org if you need us to confirm if something is legitimately from us.
Our soft cap is $2 million USD.
Yes, the hard cap is $40 million USD.