M E D I C H A I N

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.

MediChain system will be developed on an Ethereum framework with offchain data stored in secure clouds in appropriate regions. It will initially be launched in collaboration with a number of medical specialities such as epilepsy and rheumatology and specific diagnostic devices. The next phase will be building up the chain data warehouse through an open access API and medical partnerships. MediChain will then be made publically available through the API and through partners for data acquisition. Then an exchange will been developed to allow secure controlled anonymized data access to patient data.

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

Social Benefit

Population-based de-identified patient data has already produced advances against WHO top ten diseases such as obesity, diabetes, hypertension, and heart failure. Population data lets researchers tackle the big issues in medicine.

Usability of funds

The funds are used to develop and promote the MediChain infrastructure and API and carry out the initial population of the chain with data which gives the chain market value. Promotion will be through wearable, desktop and kiosk devices including Apple Healthkit, Healmet Inc and through the Scripps Medical Research Center. A proportion of the development and promotion funds will be used to mature and integrate hardware used with the MediChain system including Smart Card ID systems and IoT devices.

Developer roadmap

Our proof of concept is based upon MIT’s MedRec blockchain. The MediChain system will be developed on an Ethereum framework in the next 6 months partnering closely with WSGR and Flat Iron Technologies, LLC to ensure HIPAA compliance, to alpha launch.

Specific partners, in communication with to start the chain population, will include three possible national specialist networks in Epilepsy, Rheumatology and Pediatrics. In addition, they have potential major EHR partners and device partners such as Fitbit under discussion. From there, and within 12 months, MediChain is made publically available through the API and through partners for data acquisition. By month 18, an exchange will have been developed to allow secure anonymized data access.

The technical founder has executed roadmaps of similar complexity several times before and has access to team and resources used for these previously if required.

Architecture

In order for MediChain to avoid the scaling limits that other blockchains, they will be refining the normal offchain data storage model as they develop the solution.

they will use the pilot system, MedRec, as a proof of concept. Integration between blockchain storage of pointers and data in the cloud is relatively simple work of hours or days.

they have further solutions under development to make the system significantly faster and more than keep up as they add records and patients.

When considering the type of scenario we wish to avoid, a typical high-grade Bitcoin network client stores the entire transaction history, and this record for bitcoin, in 2017, was already 100GB. The more transactions processed on the network, the faster the size grows and this easily outsteps Moore’s law.

In addition to the need to store a large chunk of data, the data has to be downloaded as well. This is not practical if hundreds of gigabytes need to be downloaded by either doctor or patient, a process that could take many days.

If each network node does the same thing, then obviously, the bandwidth of the entire network is the same as the bandwidth of one network node. For the Bitcoin network, Alexey Malanov claims that the network is capable of processing a maximum of seven transactions per second — for the millions of users worldwide. And that Bitcoin-blockchain transactions are recorded only once every 10 minutes.

whitepaper

website

https://medichain.online/