About Medicalchain
Medicalchain is building a platform for secure storage and utilization of electronic health records on the blockchain. The company is also building a telemedicine platform to allow users to directly connect with healthcare professionals, share their records and get consultations, second opinions, online through a secure channel.
The company was originally founded in February 2016 to provide a software solution inside hospitals. The solution is known as ‘Discharge Summary’ and it uses a workflow tool to accurately write an assessment of a patient as they are being discharged from surgery or a long hospital visit. The software is currently being used by hospitals in UK and the team decided to extend this project and go further with Medicalchain.
Medicalchain wants people to have access to their health records everywhere. Today, you can travel far and wide and you will have access to your phone, contacts, photos, files, bank accounts but not your health records - probably the most important and life saving information you need. In most developed countries around the world you, as a patient, have a legal right to request your records. Medicalchain is providing you with a platform to do that. But more importantly, Medicalchain wants its users to be able to use it immediately by communicating and sharing (on a time limited basis) with other doctors.
The bigger vision is to allow pharmaceutical, insurance and other healthcare organisations and stakeholders to be able to interact with health records on patients' terms. Medicalchain believes that health records should be a part of everyone’s life and not just referred to when someone is ill.
Legal Overview:
Please note that we have hired KPMG in Lugano and have applied for a FINMA ruling on our utility token for Medicalchain. I can provide you evidence of our FINMA ruling application but this cannot be published publicly.
Technology:
Please note that we are using Hyperledger for our technology and ERC20 token for the ICO. We are members of Hyperledger and Linux Foundation.
Features
Medicalchain uses blockchain technology to store health records. The different organisations such as doctors, hospitals, laboratories, pharmacists and health insurers can request permission to access a patient’s record to serve their purpose and record transactions on the distributed ledger.
Medicalchain provides solutions to today’s health record problems. The platform is built to store and share electronic health records. By digitizing health records and empowering users Medicalchain can leverage countless industry synergies.
Medicalchain Roadmap
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Feb 2016
- Conceptualization of ideas. Development started.
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Dec 2016
- Cardiology department identified as good starting point to cultivate idea.
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April 2017
- Discharge Summary website in production stages with data collection process.
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May 2017
- Wide adoption of website through-out Cardiology department of Leeds Teaching Hospital Trust.
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June 2017
- First release of Medicalchain source code for prototype.
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December 2017
- Discharge Summary moves to Hyperledger.
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January 2018
- - Release of mobile app, patients can port medical record to blockchain.- Doctor enrolment programme for Medicalchain platform.
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February 2018
- Nationwide rollout of Discharge Summary.
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March 2018
- First rollout of Doctor to Patient communication platform.
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June 2018
- First direct connectivity to hospital EHR in Europe and US (Beta).
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August 2018
- Smart contract for insurers and researchers.
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October 2018
- Rollout of platform to pharmacies and doctor practices.