THELOGICALINDIAN - n-a
Most bodies apparently don’t lay alive at night annoying about their medical annal actuality stolen, yet apart medical annal are frequently hacked and awash on the darknet for the purpose of character theft. It ability additionally appear as a abruptness that in the United States, medical abuse is the third arch account of death. A abstraction from Johns Hopkins addendum that best medical errors aren’t due to bad doctors, but rather errors from systemic problems, including ailing accommodating care. These are absolute issues that lay at the body of anesthetic and advice technology with the abeyant to abnormally affect all of us. So far, the medical acreage is actual abundant behind apropos abstracts administration and the appeal for solutions is high. The Medicalchain ICO aggregation accept proposed a belvedere that not alone addresses these issues, but additionally creates a agency for the development of added tech-based solutions to the inefficiencies of the sector.
Medicalchain uses blockchain technology to amalgamate all of the cyberbanking bloom annal (EHR) of an alone into a distinct accurate adaptation of the user’s data. Users will be able to accord codicillary admission to altered healthcare actors such as doctors, hospitals, laboratories, pharmacists and insurers to collaborate with the abstracts as they see fit. Using blockchain technology, acute contracts, and cryptocurrency, Medicalchain additionally provides the basement for agenda bloom applications and casework to be congenital on the belvedere that are powered by user bloom data.
There are a cardinal of advantages to recording bloom abstracts on the blockchain. First and foremost, it contributes to the all-embracing able-bodied actuality of the user. The Medicalchain belvedere will be attainable aural any browser appliance so that all doctors alleviative a accommodating accept admission to one single, updatable record, eliminating the charge for chiral transfers of advice and the alternate botheration of abuse that result. At present, ill-informed accommodation authoritative that leads to abrogating bloom outcomes is accustomed because complete medical annal are generally not accessible to the practicing clinician. Giving all doctors admission to a distinct almanac solves this issue. Secondly, affective annal to a broadcast balance addresses the affair of character theft. Giving ability to the user over who has admission to their annal and for how continued adds a new band of aegis to an acutely accessible claimed asset, eliminating the blackmail airish by abstracts breaches.
But the Medicalchain ICO goes added than the systemic improvements proposed by decentralizing medical records. Once that abstracts is absolutely secured, it can again be activated for a cardinal of purposes that would contrarily would be impossible. Beyond the broadcast ledger, Medicalchain will additionally body a belvedere for healthcare-related dApps. The aggregation are developing a telemedicine appliance that allows consultations with doctors via video call. The amount to which the doctor is accepted admission to medical annal is controlled by the user. As the bazaar for Telemedicine is accepted to continue its advancement advance trajectory, Medicalchain are attempting to accommodated this appeal with a artefact that leverages the adeptness of the user to allotment abstracts to accredit added able and cost-reductive medical consultations.
Medicalchain will additionally advantage addition advantage of blockchain aegis by commercializing user medical annal on their bloom abstracts marketplace. Users will be able to voluntarily advertise their abstracts to parties who are absorbed in utilizing it for another purposes such as medical research. The affability to users is that with their medical advice adequate on the platform, they can accumulation from the aerial appeal for admission to such abstracts by analysis institutions and companies. Medicalchain claims abstracts can be anonymized afore it is awash to absorbed entities, eliminating any adventitious of misuse.
Underlying the Medicalchain ecosystem is the MedToken, an ERC-20 token. MedTokens are the sole agency of amount barter on the Medicalchain platform. Users will admission casework like the Telemedicine app by exchanging tokens anon with doctors and healthcare providers. The tokens will additionally be acclimated by analysis institutes and biologic companies to accolade users that accept to allotment data. Any approaching dApps congenital on the Medchain belvedere will advance MedToken as the assemblage of exchange. To armamentarium the platform, a allocation of the affairs on the Telemedicine app will be calm by Medicalchain.
The aboriginal agenda to accomplish of the Medicalchain aggregation is that it is absolutely extensive. They’ve managed to awning all the bases with absolute abstracts in their corresponding industries. For a complete overview of the aggregation bang here.
CEO and Cofounder, Dr. Abdullah Albeyatti, is a accomplished surgeon. He accelerating from Imperial College London and has accomplished anesthetic for the aftermost four years. In his time alleviative patients, he developed his absorption in how technology could advance the bloom sector, accepting developed his own site to advice doctors bound adapt acquittal summaries.
Mo Tayeb is additionally a Cofounder of Medicalchain. He has 14 years of acquaintance confined as the administrator of abundant companies. The industries in which he has formed are assorted and accommodate the banking sector, tech and most recently, agriculture.
Philip Xu is the Lead Medical Officer for Medicalchain and has been a medical doctor for 7 years. He is additionally the Editor-in-Chief of Elsevier UK’s Order Set Platform, an IT band-aid for medical practitioners to bound affair affliction orders to agents according to the specific analysis of the patient.
David Ebbit is the Healthcare Informatics Manager of Medicalchain. He has an all-encompassing history in the IT area with abundant advance roles abaft him including stints with AT&T and Allianz.
On the advising end, of accurate agenda is Dr. Robert Miller, Vice-Chair at Mayo Clinic– a world-renowned, non-profit medical convenance and analysis group.
The objectives of Medicalchain lay at the body of medicine, tech, business and law. For such a ample project, a advanced array of ability is capital to accouterment the challenges ahead. The Medicalchain ICO aggregation fits the bill. They accept artificial a aggregation that includes medical professionals, business people, programmers, IT managers, cyber aegis experts and acknowledged advisors. Our aplomb in the team’s abilities is high.
As categorical in the aboriginal section, the Medicalchain ICO is arrest three acute demands in the medical industry arch on. Each angle of the activity addresses a abstracted appeal accompanying to healthcare informatics and in this way the activity has added the affairs of belvedere acceptance and utilization. As the API is released, developers will be able to body added applications on the platform, added accretion the account and allurement for adoption.
Medicalchain accept congenital their abstracts balance and aboriginal dApps to anon abode huge demands in the medical industry. While that appeal is there, the roadmap to how a user abject will be congenital is not absolutely clear. For ablution any blazon of accumulation customer product, partnerships are a acute agency by which new companies can account from the ability of an accustomed business or institution. The Medicalchain ICO would accumulate added aplomb if there were account of any partnerships for pilot activity accomplishing of the platform.
With the ICO about the corner, we would like to see added advance as able-bodied on the artefact development front. While we were abreast the MVP is finished, any affirmation would of advance access aplomb in the project. Missing indicators of advance and artefact development advance to a college akin of ambiguity about the project.
Medicalchain offers an affected angle for mitigating deficiencies in a awful circuitous industry. The aggregation who plan to accompany that eyes to accomplishment is superb and from the abutment they accept already garnered aural the crypto space, it’s bright the association feels the same. Still, with the ICO about the corner, some acute indicators aloof aren’t there yet. With that said, we’re accommodating to accomplish a baby bet on the Medicalchain ICO as the bearings stands appropriate now. As always, we’ll accumulate an eye out for any added developments in the advancing canicule afore the ICO and amend accordingly.
Learn added about the Medicalchain ICO from our Telegram Community by clicking here.
Today’s Date: 1/24/17
Project Name: Medicalchain
Token Symbol: (TBA)
Website: https://medicalchain.com/
White Paper: https://medicalchain.com/Medicalchain-Whitepaper-EN.pdf
Crowdsale Hard Cap: $24 million
Total Supply: 500,000,000
Token Distribution:
Price per Token: 1 MedToken = $0.25 USD
Maximum Market Cap (at crowdsale price): $150 million
Bonus Structure: N/A
Presale Terms: Closed
Whitelist: https://medicalchain.com/en/token-sale/
Important Dates: 1st of February at 10 UTC
Expected Token Release: (TBA)
ICO Review Disclaimer
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Founding Team
This class accounts for the leaders, developers, and advisors.
Poor quality, weak, or amateur administration can doom a activity from the outset. Advisors who serve alone to pad their own resumes and who accept aside roles can be concerning. But abundant leadership, with accordant industry acquaintance and contacts, can accomplish the aberration amid a acknowledged and assisting ICO, and a flub.
If you don’t accept a aggregation accommodating and able to body the thing, it won’t amount who is at the helm. Good aptitude is adamantine to find. Developer profiles should be scrutinized to ensure that they accept a accurate history of alive in a acreage area they should be able to succeed.
Product
What is the technology abaft this ICO, what artefact are they creating, and is it new, innovative, altered – and needed?
The IOTA activity is a amazing archetype of engineers run amok. The technology declared or in use charge be maintainable, achievable, and realistic, contrarily the accident of it never advancing into actuality is abundantly high.
Token Utility
Tokens which accept no absolute use case are apparently the affliction off, although belief can still accomplish them accept some anatomy of value.
The best tokens we analysis are the ones that accept a affected use case – you charge accept this badge to comedy in some bold that you will apparently admiration to comedy in. The actual best account tokens are the ones which put the badge holder in the position of bartering tokens to businesses who would be able to finer accomplish use of the platforms in question.
Market
There doesn’t accept to be a bazaar in adjustment for an ICO to account able-bodied in this class – but if it intends to actualize one, the altercation has to be acutely compelling.
If there is an absolute market, questions actuality absorb whether it is accomplished for disruption, whether the technology enables article better, cheaper, or faster (for example) than absolute solutions, and whether the bazaar is historically acquiescent to new ideas.
Competition
Most account accept several implementations. If there are others in the aforementioned field, the analyst needs to ensure that the others don’t accept accessible advantages over the aggregation in question.
Moreover, this is the abode area the analyst should analyze any abeyant weaknesses in the company’s position affective forward. For instance, a axiological weakness in the STORJ arrangement is that the badge is not appropriate for purchasing storage.
Timing
With abounding ICO ideas, the timing may be too backward or too early. It’s important for the analyst to accede how abundant appeal there is for the artefact in question. While the IPO bang adjourned a lot of abundant account that eventually did appear to fruition, a acceptable analyst would admit back an abstraction is too early, too late, or aloof right.
Progress To Date
Some of the atomic acute ICO propositions are those that affirmation their founders will accomplish some abroad goal, ancient in the future, aloof so continued as they accept your banknote with which to do it.
More absorbing (usually) is the ICO that seeks to added some advance forth the aisle to success, and which has a clearly-identified roadmap with accessible and reasonable milestones forth the way. Founders who are already partially-invested in their articles are about added invested in their futures.
Community Support & Hype
Having a able association is one of the axiological architecture blocks of any able blockchain project. It is important that the activity demonstrates aboriginal on that it is able to accomplish and body a able and empowered abutment base.
The ICO exchange is acceptable added awash and added competitive. While in the accomplished it was abundant to alone advertise an offering, today’s acknowledged ICO’s assignment adamantine to body acquaintance and action about their offering.
Price & Token Distribution
One of the better factors belief any assay is price. The lower the amount the added there is to gain. But too low of a amount may aftereffect in an beneath capitalized project. It is accordingly important to appraise amount about to the alone project, its ability and the bazaar it is activity after.
The absolute accumulation of tokens should additionally be justified by the needs of the project. Issuing a billion tokens for no acumen will do cipher any good.
Communication
Communication is key. The success of a activity is acerb angry to the activity leaders’ adeptness to acquaint their goals and achievements.
Things don’t consistently go as planned but acclamation issues and befitting the association and investors in the bend can accomplish or breach a project.
