MedXchange
Medical Devices in Blockchain
Who are we
We are a professional team of career medical devices, regulator professionals, doctors, allied health professionals, blockade specialists, academics and business advisers, who collectively represent hundreds of years of experience. We are committed and eager to democratize the global medical equipment industry. MedXchange is a blockchain-based system that will paralyze medical devices and supply ecosystems and make them more efficient.
Our platform facilitates and secures global exchange of health equipment, supplies and payments, lowering the cost of patients / customers or the highest insurance and improving efficiency. While the system initially focused on the medical device industry, it would be flexible enough and scalable to add other categories of regulated health care ecosystems, such as medicines, laboratory equipment, and services.
Initially, the MedXchange platform was supported by exclusive and innovative use cases and real-world businesses, in addition to our own cryptomining operations.
What?
MedXchange is a blockchain-based system to democratize the global medical equipment industry. This platform will streamline the medical device and supply the ecosystem and make it more efficient. MedXchange consists of platforms to facilitate and secure global exchange of medical equipment, supplies and payments, lowering the cost of patients / customers or the highest insurance and improving efficiency.
While the system will initially be focused on the medical device industry, it will be flexible enough and scalable to add other categories of regulated health care ecosystems, such as medicines, laboratory equipment, and services. Our platforms are supported by exclusive and innovative use cases, and real-world businesses, in addition to our own cryptomining operations. Transactions on the system will be supported by MedCash (MEDCASH), an Etherium-based token (ERC-20) used by users on the MedXchange platform as a proprietary crypto for transactions both domestically and worldwide.
Why?
The medical device industry is under major financial pressure, in the United States but also around the world. Many countries around the world face the same costs for medical equipment and general health care and supplies, as the United States and other countries seek to cope with costs by reducing rates of replacement, fixing prices, requiring mandatory price reductions, using diagnostics. related groups (DRG), and limits the funds available for the purchase of medical devices. With the cost of medical devices increasing sharply, a secure solution for transparency and cost savings can have a major impact on society.
How?
MedXchange seeks to facilitate and secure the global exchange of medical equipment, supplies and payments. The system will democratize the global medical device industry worth $ 340 billion (growing to $ 435 billion by 2020) by bringing together medical equipment and supplying ecosystems and making it more efficient, lowering patient / end-user costs or insurance costs in the process.
Due to the nature and requirements of sensitive medical devices, the current distributed blockchain system is inadequate. MedXchange’s goal is to create a blockchain system that can meet strict medical equipment requirements by ensuring better data integrity and encryption, and by providing a validation system to ensure miners running this network are compliant entities.
MedXchange is a dual system platform that utilizes the Blockchain protocol for intelligent transactions, identities and contracts, and with distributed hash tables (DHT) for data storage, managed by government systems. The Blockchain protocol will be based on the Ethereum network, and will begin with stock evidence (ie Casper) and set up data storage locations.
Most importantly, the system is supported by existing assets and use cases, including a novel, life-saving medical technology that targets a population of more than 835 million patients worldwide with the potential to generate more than 10 billion transactions annually; an additional pipeline, new medical technology and service companies targeted for acquisitions also potentially represent billions of transactions annually; and our own cryptofarming operations in the work.
What makes MedXchange / MedCash unique?
First, MedXchange is not created in a vacuum. MedXchange already has a Sell-side medical device manufacturer agreement. The use cases that flow from here include two proprietary medical devices that represent the universe of millions of Buy-side users globally, which is a potential opportunity for billions of transactions / payments annually using MedCash (MEDCASH) for 10 year periods.
Second, token burning process over the next 3 years will be supported by our own cryptomining operations. We plan to improve our cryptomining operations dramatically to generate daily revenue soon. This revenue will support token burning process while the MedXchange platform is being developed.
MedCash (MEDCASH) Ringkasan Initial Coin Offering (ICO)
Short Description
MedXchange is a blockchain-based system to democratize the global medical device industry worth $ 340 billion. The platform will: (i) decipher medical devices and supply the ecosystem and make it more efficient; (ii) facilitating and securing global exchange of medical equipment, supplies and payments; and (iii) lower patient / customer or insurance costs.
Project Details
* Status Pra-ICO
*Description
MedXchange is the first blockchain-based system for the global medical equipment industry. According to the US Department of Commerce, the size of the global medical device industry is approximately $ 340 Billion by 2016, and will grow to $ 435 Billion by 2020. MedXchange will enable suppliers (“Users of the sales side” in MedXchange platform) medical devices to directly and securely transacting with patients and end consumers (“buy-side users” on the MedXchange platform), reducing globally delivered medical supply costs and making much needed medical devices more affordable for patients and end-users while at the same time increasing margins for device manufacturers medical beleaguered.
It will improve the quality of life and save lives, while enhancing the long-term survival and innovative spirit of medical device companies. Transactions on the MedXchange system will be exclusively facilitated by our MedCash token (MEDCASH). MedCash (MEDCASH) will also be a fund of miners and silo data. Currencies can also be used to activate smart contracts or trades for locks. Also, hospitals, clinics and GPOs (Group Purchasing Organizations) will be able to implement their supplier contracts at MedXchange as smart contracts that execute themselves. The project is supported by preagreed use cases, including a novel, lifetime lifesaving technology that targets a global multi-million user / user population,
Other use cases are expected to rise quickly. After initial introduction into the medical device industry, MedXchange will also be marketed to other regulated health care ecosystems, such as pharmaceuticals, laboratory equipment and services, as the platform will be developed to be scalable and flexible from the start.
Start date is April 1, 2018
An earlier end date occurs: (1) When reaching the hard cover; or May 31, 2018
Website www.medxchange.io
Whitepaper Links Lihat Whitepaper
Details of ICO
Whitelist: Yes
KYC / AML: Ya
Start Date Presale: March 16, 2018
Presale End Date: March 31, 2018
Token Symbol: MEDCASH
Token Type: ERC-20
Distribution Token: 55%: For Sale; 15%: Team (vesting schedule); 10%: CoSponsor / Use case provider; 1% pre-white paper support; 4% Consultant (on vesting schedule); 5%: Technical token for stabilization and partnership; 5%: Bounties; 5%: Further Development / Liquidity Reserve. In addition, the percentage of tokens the team owns will remain at 15% regardless of how many tokens are burned.
Initial Token Price of ETH55
Minimum Purchase .50 ETH
Hard Cap 110,000,000 (110 Million) MEDCASH Ink – Equivalent to 55,000 ETH
Soft Cap 20.000.000 (20 Million) MEDCASH Ink – Equivalent to 10,000 ETH
Token Bonus
(a) During the Presale Start Date:
* During the first week of Presale, 1.25 Tokens will be provided for every 0.0005 ETH transferred;
* During the second week of the Presale (ie the week before the ICO start date), 1.20 Tokens will be provided for each 0.0005 ETH transferred;
* During the first week of Token ICO – 1.15 will be provided for every 0.0005 ETH transferred;
(c) During the second week of Token ICO – 1.10 will be provided;
(d) During the third week of Token ICO – 1.05 will be provided;
(e) For the remainder of the ICO Token – 1.00 will be provided;
Token Burning
The company will burn 50% of MedCash token (MEDCASH) for the next 3 years and lower the MedCash (MEDCASH) supply. Therefore, the demand and the token value will grow as an inverse proportion in the Token Burning process.
User Growth
The Medxchange ecosystem will be supported by a cryptographic signature called MedCash (MEDCASH), a tradable token representing the sole currency for transactions on the system and granting exclusive access to the Medxchange ecosystem. MEDCASH Tokens are fully integrated in the MedXchange ecosystem and transactions and participation in all ecosystem components will be conducted exclusively with MEDCASH tokens. Therefore, the token request and value will grow directly according to the number of active users and the amount and volume of dollar transactions on the MedXchange platform.
Diterima ETH
Token Distribution
Upon reaching a Hard Cap of 110 million MEDCASH (110,000 ETH), the first distribution of the token will commence to the ERC-20 compatible wallet within 72 hours of reaching the hard cover (but not later than 15 days after reaching the hard cover), subject to the Terms and Terms.
Restricted Participation Not allowed if prohibited
Disclosure
The MedXchange Platform is owned by MedXchange Ltd. a Hong Kong limited company. See Full Terms and Conditions for additional details.
Roadmap
Tim
Connect with Us
Contact us to find out more about upcoming ICOs, white paper releases and our plans to revolutionize the medical device ecosystem. info@medxchange.io
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