Medsblock uses blockchain technology to allow better data security and transparency for the healthcare industry. The decentralised model gives stakeholders more control over their health conditions.
MedsBlock, established in 2018, is a platform that specializes in management of online health services. They will move from a research function to a more active using Blockchain technology to solve some pressing health related issues in the industry.
The concept of Medsblock was mooted in early 2016 by a group of Healthcare practitioners and patients. The initial group took time to explore and navigate the healthcare system. Then spent time to derive the business model.
What sets them apart from other blockchain based medical companies is that they have created a mechanism that provides a trusted system. They want to ensure that the services provided give for greater levels of transparency and privacy for their client’s data while at the same time, better facilitate the healthcare needs of the patients.
MedsBlock will be based on a decentralized platform that allows users to access and exchange their data in a rapid, secure and transparent manner. With the use of blockchain technology, MedsBlock will give conditional access to doctors, hospitals, laboratories, pharmacist and insurers, creating a community of healthcare professionals which allows them to interact to ensure that our patients receive the best healthcare advice and treatments.
The interactions that take place on the platform would be kept auditable, transparent and secure to ensure the privacy for our users. This platform is kept open and allows users to further their idea development for the benefit of the community. The team is developing applications and additional services that benefits everyone. For example, TelehealthBlock. TelehealthBlock is an application that they are developing that allows our users to have an early assessment or consultation based on their most recent visit to the clinics via email, telephone or video call. The whole process would be recorded and stored as part of their e-medical record on the blockchain. This makes the whole process more efficient and would benefit both parties. Again, all the contents of discussions during the session will be recorded and be placed on our chain, information will never be altered or changed.
MedsBlock’s mission is to provide top quality healthcare services for our users whilst at the same time, providing them with a more efficient way to access and manage their personal medical records and gain a better insight to their condition on the platform.
“We want to create a healthcare network based on blockchain that empowers patients within the healthcare system whilst driving towards a more efficient and decentralized healthcare ecosystem for the users’ benefits.” said Mr Howey Wong, a core member of MedsBlock who studied TCM in Guangzhou University of Chinese Medicine and Singapore College of Traditional Chinese Medicine.
The benefit that this era of technology has provided us with the formula for balancing between working with highly trained, professional medical experts and incorporating the use of blockchain technology into the everyday lives of people and the industry. MedsBlock wants to ensure that the services they provide meet their client’s needs to the best of their abilities and also look forward to setting the industry standard. They want to ensure that their company runs on certain core values such as respect and integrity.
About Medsblock (www.medsblock.com)
MedsBlock is a decentralized healthcare platform that allows users to access and exchange their data in a rapid, secure and transparent manner. With the use of blockchain technology, MedsBlock gives conditional access to doctors, hospitals, laboratories, pharmacist and insurers, creating a community of healthcare professionals which allows them to interact to ensure that our patients receive the best healthcare advice and treatments.
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