MedicalVeda proposes a platform implementing the modern technologies of Blockchain, Big Data, AI, Machine Learning, Cryptography, and Smart Contracts that concludes all the major controversies in healthcare systems. It provides decentralized access, and ownership of medical records to its patients melded within a scalable, compatible, and interoperable platform.
The existing healthcare platforms have a paucity for handling multi-institutional, lifetime medical records as observed in the recent pandemic of COVID-19. MedicalVeda’s ecosystem promises a blockchain-based decentralized system for the patients and the healthcare industry by keeping up its compatibility with the existing models and remaining interoperable with other blockchain networks. We believe in the patient data ownership and furnish a platform for its monetization to trusted parties, which would equally benefit the patients as well as the research institutions involved.
The underlying healthcare systems operating at large are prone to security threats and non-authorized dealerships. MedicalVeda ascends by presenting a patented consensus mechanism mirrored over its decentralized database, catering annihilating all the security threats and illegal access to information. The platform presented by MedicalVeda is not only focused on keeping the system protected from threats but concentrates on cognitively enabling traceability and provenance for medical records throughout the system. It also ensures a safe environment from fraudulent medication through immutable prescriptions.
Data verification and product authentication is a significant process for ensuring medical authenticity of data. The dedicated explorer tool matured in MedicalVeda allows users to handle data verification explicitly. MedicalVeda believes in using Smart Contracts as a solution for sending information with transparency and security, which allows patients to create a solid and sincere connection for consultation. By keeping a unified platform and a transaction environment supported through programmable Smart Contracts, it utilizes its Mveda Token as the only currency managing the secure peer-to-peer transactions for building up a reliable, efficient, and seam-less system.
James Murphy, founder and chairman of Murphy & McGonigle, said he wouldn’t settle any crypto case with the current SEC before seeing how the election turns out.
