MediBloc is a blockchain-based platform that aims to address several issues in the healthcare sector. The platform is centered around the use of a native cryptocurrency known as MED tokens.

The Token: MED

MED is the native utility token of the MediBloc platform. It is used as the primary means of exchange within the platform, facilitating various transactions and interactions between participants. MED is an integral part of the MediBloc ecosystem, enabling the operational and financial aspects of the platform.

The Platform: MediBloc

MediBloc is a decentralized healthcare information ecosystem designed for patients, healthcare providers, and researchers. The goal of the platform is to empower patients with full control and ownership over their medical data, allowing them to share and monetize it in a secure, private, and controlled manner.

On the other hand, healthcare providers benefit from a unified, comprehensive patient data source, reducing redundancy and improving the quality of care. Researchers can gain access to a broad pool of anonymized data for their studies, aiding in medical advancements and public health decisions.

MED tokens are used for a variety of purposes within the MediBloc ecosystem. The primary uses include:

Data Transaction: Patients can use MED tokens to control and monetize their health data by sharing it with healthcare providers, insurance companies, or research institutions.

Service Payment: Healthcare providers and researchers can use MED tokens to access and use the MediBloc platform's services, such as obtaining consented patient data for research.

Reward System: Participants in the ecosystem can earn MED tokens as rewards for contributing valuable data, providing services, or participating in network governance.