MedBlock

Blockchain is future of the Healthcare insurance.

MedBlock aims to tackle the complexities of the current healthcare insurance sector by leveraging the inherent strengths of blockchain technology to enhance data security, streamline administrative procedures, expedite claim settlements, and enhance transparency and control for patients.

About MKB

What is MedBlock?

MedBlock is a revolutionary blockchain-based platform designed to address various challenges in the healthcare insurance industry. It aims to bring transparency, reduce administrative costs, improve data security, expedite claim settlements, and provide patients with greater autonomy over their personal data

decentralised economy

Decentralized Data Management

Unlike traditional systems, where data is centralized and controlled by single entities, MedBlock ensures that the control of health data is in the hands of the patients. They can decide who can access their data and for what purposes. This decentralized data management system empowers patients and ensures their data is not exploited.

  • Token Economy: MedBlock introduces an ERC-20 token to facilitate transactions within its ecosystem. The token is used for paying premiums, settling claims, and rewarding participants for positive behaviors such as timely premium payments or health-conscious habits. This tokenization fosters a more direct and efficient economic exchange within the platform.
  • Fraud Prevention: MedBlock's decentralized economy also helps in fraud prevention. Since all transactions are transparent and recorded on the blockchain, it's much easier to identify and prevent fraudulent claims, leading to a more trustful and fair economic environment

Services

Blockchain-Based Insurance:

We offer a blockchain-powered healthcare insurance solution, leveraging transparency, efficiency, and security for seamless policy management.

Data Control:

MedBlock provides patients with total control over their health data, promoting privacy, consent, and trust within the digital healthcare space.

Integrated Healthcare Services:

Our platform facilitates integration with existing healthcare systems, encouraging interoperability and efficient data exchange for better healthcare outcomes.

Consulting and Training:

MedBlock offers professional consulting for blockchain adoption in healthcare and provides training to ensure seamless transition and efficient use of our platform.

Our way

Road Map

Stage 1

Concept Development

Stage 2

Technical Design

Stage 3

Prototype Creation

Stage 4

System Testing

Stage 5

Token Launch

Stage 6

Platform Deployment

Stage 7

Scaling & Enhancements

Our data

Statistic Information

The distribution of MedBlock tokens is designed to ensure a fair and balanced ecosystem, incentivize participation, and support the platform's growth and development. Here's how the token distribution looks:

  • Community and Users (40%)
  • Development Team (20%)
  • Partnerships (15%)
  • Reserve Fund (15%)
  • Marketing and Promotions (10%)
FAQ

Frequency Asked Questions

What is MedBlock?

MedBlock is a revolutionary blockchain-based platform designed to address various challenges in the healthcare insurance industry. It aims to bring transparency, reduce administrative costs, improve data security, expedite claim settlements, and provide patients with greater autonomy over their personal data.

How does MedBlock use blockchain technology?

MedBlock leverages blockchain technology to provide transparency, automate administrative processes, and enhance data security. It uses smart contracts for policy issuance, claim verification, and settlements, and uses the inherent security features of blockchain to protect sensitive health data.

What is a smart contract in the context of MedBlock?

A smart contract in MedBlock is a self-executing contract with the terms of the insurance policy directly written into the code. Smart contracts automate administrative tasks such as policy issuance and claim verification, thus improving efficiency and reducing costs.

How does MedBlock ensure data security?

MedBlock takes data security very seriously. It utilizes blockchain's inherent security features, ensuring that data is decentralized and immutable. Additionally, sensitive health data is stored off-chain in secure, encrypted data storage systems, with only references to this data (hashes) stored on the blockchain.

What is the role of the ERC-20 token in MedBlock?

MedBlock incorporates an ERC-20 token as a medium of transaction within the system. This token facilitates seamless transactions, incentivizes patient engagement, and encourages good practices within the ecosystem.

How does MedBlock handle patient data?

MedBlock gives patients control over their personal health data. Patients can determine who can access their data and for what purpose, empowering them to have more control over their personal information and enhancing data privacy and consent.

Can MedBlock integrate with existing healthcare systems?

Yes, MedBlock is designed with interoperability in mind. It adheres to standard data formats and protocols to ensure that it can seamlessly integrate with existing healthcare systems.

Is MedBlock scalable?

Absolutely. MedBlock uses various techniques, including sharding and off-chain transactions, to ensure the system can handle high volumes of transactions efficiently.

How does MedBlock comply with relevant regulations?

Compliance is built into MedBlock from the ground up. It is designed to adhere to relevant regulations such as HIPAA (for data privacy and security), and other regional or country-specific regulations.

How will MedBlock benefit me as a policyholder?

MedBlock aims to make the healthcare insurance process more transparent, efficient, and patient-centric. As a policyholder, you can enjoy clearer understanding of your policy, real-time tracking of claim settlements, faster claim settlements, and more control over your personal health data.