◇Global medical tourism market of over 100 trillion won per year
The medical tourism business, a field of medical business, is one of the major projects that aims to provide customers with not only high-quality medical services from other countries, but also differentiated tourism products from various countries. In particular, the medical tourism market expanded around Asia is rapidly developing the medical tourism market in Korea, the center of the Korean Wave, into a high value-added industry. The market size has already exceeded 100 trillion won per year. In this situation, Medi-Like, a medical tourism company, is regarded as a leader in actively using blockchain technology.
◇Medilike, a platform company that leads the medical tourism market
Medilike Co., Ltd. was established with the goal of creating a better medical tourism ecosystem so that customers can use high-quality services by sharing verified hospitals and medical staff with customers around the world.
Under the motto’Design your health and beauty’, Medi-Like is carrying out various projects related to medical tourism. It aims to provide a safe and convenient one-stop concierge service to foreign patients in all processes from airport entry to tourism, check-ups, procedures, or departure after surgery. Considering that if problems such as high currency exchange fees and inconvenience in payment are resolved, more foreign patients will be able to flow into Korea, so Medi-Like recently applied a blockchain-based payment system to the medical tourism business. I decided to do it.
Subsequently, Medi-Like is also planning a product that links the domestic medical tourism business with overseas medical tourism. This is expected to lead to outbound medical tourism that sends domestic wellness tourism demand overseas, and it means that Medi-Cash issued by Medi-Like will be expanded as a payment method in all these processes.
◇MediCash puts K-medical technology in blockchain payment system
Following the listing of Heartbit Korea, a domestic virtual asset exchange, on December 24, 2020, Medicash appeared in earnest on Heartbit Global, an international exchange, on March 8, 2021.
Medi-Cash is a medical tourism-specific virtual currency designed based on Clayton, which is receiving the most attention among blockchain platforms in recent years, and can be used by partners of Medi-Like, a foundation such as hospitals, hotels, spas, and restaurants. The meaning is great. In fact, Medilike started with View Plastic Surgery in Gangnam, Grace O&Young Plastic Surgery Clinic, Tree Plastic Surgery Clinic, Volume Plastic Surgery Clinic, Level Up Plastic Surgery Clinic, Iconic Plastic Surgery Clinic, etc. It continues to be active in application.
CEO Soon-Woo Choi of View Plastic Surgery Clinic showed expectation that the introduction of this Medi-Cash as a payment and cosmetic medical tourism platform will lead not only to domestic patients, but also to attract foreign patients after the end of the coronavirus. Moon-seop Choi, president of Grace O&Young Plastic Surgery Clinic, also said, “Before Corona 19, there was a steady influx of plastic surgery patients from China and Southeast Asia. I judged it,” he explained, explaining the background of the introduction of Medicash.
◇Growing MediCash, the future direction
Medi-Like is preparing an application equipped with a Medi-Cash wallet for foreign customers based on the recent listing of Medi-Cash. In addition, when systems such as vaccine passports are introduced in the situation of COVID-19 quarantine, it is expected to resume activities focused on attracting patients and providing services in earnest in various fields of medical tourism. In-Tak Jeon, CEO of Medi-Like, said,’As Medi-Like aims to attract international customers and increase convenience, we will strive to lead the growth of the medical tourism market by introducing a convenient payment method called Medi-Cash.’ . In the future, Medi-Like is expected to establish itself as a leading company that prioritizes the safety and convenience of customers through the blockchain payment service Medi-Cash.