MedChain

MedChain is a platform that is global and decentralized, it is used to manage the points are cumulative and loyalty programs. Analyze a large number of loyalty programs of different use of points, which the developer does not find a good app. This leads to direct damage to the user, as well as loyalty programs are not successfully implemented and increase the liability of the company.

MedChain provides a solution to the problem with blocking technology. Due to the low transaction cost and high security, MedChain convert the score to a token MedChain (MedChain) and give the user the loyalty program.

The MedChain Network protocol is based on a Data and Application Layer integrating an ERC20-Standard or similar token on an Ethereum based blockchain.

The MedChain blockchain will function as a hash depository for the decentralized storage network,which will be fully auditable and verifiable by a network of federated servers.

The federated servers will be paid with MedCoins in return for storage space and retrieval of information.

All storage and retrieval requests will function with the use of Entry Tokens rather than MedCoins.

Federated mining nodes will be compensated with MedCoins for executing valid and verified transactions.

Mining, data validation, data storage, proof of storage, and proof-of-retrievability will be provided by the network

decentralized servers and federations as part of the blockchain protocol along with MedChain software (both through patient applications & providers)

to trade MedCoin, turn MedCoin into an Incoming Token, and to ensure payment for Blockchain Entries.

MedChain Network protocols are based on Data Layers and Applications that integrate ERC20-Standards or similar tokens on Ethereum-based blockchain.

The MedChain blockchain will function as a hash storage for decentralized storage networks,
which will be fully audited and can be verified by a federated network server.
Federation servers will be paid with MedCoins in return for storage and information retrieval.
All storage and retrieval requests will function with the use of an Incoming Token rather than MedCoin.

The Federation mining node will be compensated with MedCoin to execute valid and verified transactions.

Why is MedChain?
Today many companies in the health sector do not include the US market for several reasons,
mostly to avoid SEC surveillance, but also because HIPAA compliance can be difficult to understand and obey those who don't know.

Our founders have extensive experience in health, especially IT health, and as entrepreneurs.
You can see their Linkedin page for more of their history, but in a nutshell;
Our founder is also the founder and CEO of Zynex Medical (Ticker: ZYXI), a publicly traded Medical Devices company.

Allocation of Token
The Medchain MedCoin Token will have an initial supply proposal of 100,000,000 (100 Million) Tokens with a total supply can be issued from 1,000,000,000 (1 Billion) through the POST / PoA / PoR consensus algorithm.
During the initial distribution, disbursement to investors is expected to reach 60%. The total amount of supply can be issued eventually will represent 90% + community ownership of the MedCoin Token.

Medchain system components Consist of:
MedChain Solution Tokens work by using multiple data layers above this blockchainMedChain protocol.
This system uses two different types of tokens.
An external token, MedCoin, will function as a traded 'Security Token'.

Tokens Record internal tokens, have the function of adding hashes to the blockchain, which serves as a map of distributed patient records.
Each note can include plain text, object databases, scanned documents, images, etc. relating to certain patients.
To disincentivize potential hackers and thieves, Record Tokens will be associated with unique identifiers and can not be traded for any person or other account.

This will also help ensure that information is added to the correct account and avoid the risk of wrong transactions.
Adding additional information to an existing account is possible by considering the account hash repository bound to the unique identifier / patient.

For the purpose of adoptability,
Internal tokens and functions thereof will be available for purchase, through MedChain directly or through an automated process in the software provider.
The internal token to be associated with the real fiat value, currently projected at $ 0.001US, to eliminate the need to worry about the conversion rate or volatility of tradable or sign cryptocurrency.

This creates an external token to obtain or lose value on the merit itself while it will be tradable to record internal Tokens at the conversion rate when USD.
Market Storage will be coded to maintain market-realistic value of storage costs so service providers do not price from storing data on MedChain instead of local.

Read the stored data rates for only one Record Token fee (ie $ 0001US) so there is no reason to worry about the cost when requesting EMRs to save patient lives.

                                                                      TEAM

For more information please contact:MedChain: http://medchain.us/
Whitepaper: https://www.startengine.com/medchain
Twitter: https://twitter.com/medchaininc
Facebook: https://www.facebook.com/MedChainOfficial/
Telegram: https://t.me/MedChain


AUTHOR :
Bitcointalk username : Driean
Fropil link : https://bitcointalk.org/index.php?action=profile;u=545651
Wallet eth : 0x0872bf5Fb779e726D5438ed144B304322117b697