The startup has developed a blockchain-based medical records platform that enables patients to securely store and control access to their medical data. This decentralized system enhances data ownership, improves targeted health data access for healthcare providers, and minimizes the risk of medical errors.
Funding
$3.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Current healthcare systems struggle with fragmented patient data, limiting data ownership and hindering seamless data exchange between healthcare providers and patients. This lack of interoperability can lead to inefficiencies, increased risks of medical errors, and reduced patient engagement in their own care.
Solution
MediBloc is developing a blockchain-based, patient-centric health data ecosystem designed to give individuals control over their medical information. By leveraging a high-performance blockchain called 'Panacea,' MediBloc enables secure and reliable health data exchange between patients, medical professionals, and institutions. Patients can collect and manage their health data through Personal Health Records (PHRs) and share it with healthcare providers as needed, using a decentralized identifier (DID) system for identity verification and data authentication. The platform incentivizes all participants, including patients and healthcare providers, to contribute to the ecosystem through MED tokens, fostering a collaborative and secure environment for health data management.
Target Audience
The primary target audience includes patients seeking control over their health data, healthcare providers aiming to improve data accessibility and accuracy, and medical institutions looking to enhance their service ecosystems.
Features
- Panacea blockchain optimized for health data exchange, ensuring data sovereignty and interoperability.
- Decentralized Identifier (DID) and credential verification for secure data sharing and authentication.
- Patient-controlled Personal Health Records (PHRs) for managing and sharing medical data.
- Incentive model using MED tokens to reward contributions to the ecosystem.
- Integration with Electronic Health Record (EHR) systems like Dr.Palette for seamless data flow.
- Data encryption and secure channels to protect sensitive health information during data sharing.
- Compliance with HIPAA Security Rule to ensure data privacy and security.
- Support for staking MED tokens to contribute to Panacea block generation and earn rewards.