Medicalchain is a groundbreaking crypto project that employs blockchain technology to ensure the secure storage of health records while maintaining a single source of truth. Various organizations such as doctors, hospitals, laboratories, pharmacists, and health insurers can request permission to access a patient’s record to fulfill their needs and record transactions on the distributed ledger. The platform offers solutions for contemporary health record challenges by securely storing and sharing electronic health records. By digitizing health records and empowering users, the platform opens the door to multiple industry synergies.
Platform Development and Utilization
Medicalchain is constructing a platform for the secure storage and utilization of electronic health records on the blockchain. Furthermore, the company is building a telemedicine platform that allows users to directly interface with healthcare professionals, share their records, and receive consultations and second opinions online through a secure channel. The company was initially established in February 2016 to develop a software solution for use within hospitals. This solution, known as the 'Discharge Summary', uses a workflow tool to accurately write an assessment of a patient as they are discharged from surgery or a lengthy hospital stay. The software is currently in use by UK hospitals, and the team has decided to expand this project under the Medicalchain banner.
Access to Health Records Everywhere
Medicalchain aims to provide individuals with global access to their health records. In the digital age, individuals can travel worldwide and have access to their phones, contacts, photos, files, and bank accounts, but not their health records - potentially the most vital and life-saving information they need. In most developed countries, patients have the legal right to request their records. Medicalchain is providing a platform to facilitate that. The project, however, has bigger plans. It wants its users to be able to use it immediately by communicating and sharing (on a time-limited basis) with other doctors.
A Greater Vision
Medicalchain's broader vision is to allow pharmaceutical, insurance, and other healthcare organizations and stakeholders to interact with health records on patients' terms. Medicalchain is firm in its belief that health records should be a part of everyday life and not just referenced when someone falls ill.
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