Introduction
Health is wealth. Each year we spend a major portion of our wealth on our health insurance. The good health is the primary foundation for enjoying life. With new disease emerging daily coupled with increasing cost of medical care, we are ought to think of changing circumstances. Despite advancement in technology, healthcare sector in many countries is in utter chaos and disarray. While there are many reasons for its downfall there exist a few key points in the overall sector.
Lack of resources and vision towards inclusive health care plan
Lack of budget for research and development of newer technology, and medicines
Rampant corruption, and nexus between Big pharma companies and government officials
Lack of communication, and sharing of global medical record data between countries and healthcare experts.
Centralised management of the system, which creates many unwanted delays and problems
The road to creating an inclusive health care plan is long and complex. The need for tweaking the current system is obvious and urgent.
SOLUTION OFFERED
ELCOIN is trying to solve the big problem Of the world medicine. it aims to create a platform based on the blockchain technology for the discovery, utilisation and sharing of the medical data and medical equipment. They have already produced many innovative medical solutions. This project aims to develop a network of healthcare professionals, who will definitely benefit from it.
While the development of new technology is always time-consuming and not always a financially viable option, but their approach makes it a goal worth achieving. Their wish to create a global medical platform is highly inspiring because of what it aims to achieve. Creating the largest database of the diseases and symptoms, medications, medicines and experts is not only an innovative idea but also a step towards creating a healthy world, where each one is benefitted from the large pool of medical information.
Let us look into their various kind of medical products developed over the years.
- CARDIO: It is a device used in the diagnosis of cardiovascular disease. As mentioned on their website, it can predict heart attack with 95% accuracy. Combined with distinct features which set it apart from the other similar competitors, it is a noble medical device.
- QUANTUM: A device made to feel you young and healthy. It restores the skin of your body which is damaged or burned. Providing the ultimate capability to create an entirely new feel, it is an innovative device.
ICO Information & Team ( https://elcoin.io/)
ELC Token will be released for the public to be part of the process. The collected fund will be used in the development and marketing of the platform. 50% of the total token will be up for public sale. ELC Token is an ERC-20 standard based on Ethereum Blockchain.
The developed devices will also be sold at various prices to help in the process. The team behind the EL COIN is a group of experts in the field of medical sciences, technology and entrepreneurship. They have decided to bring together decades of their experience into the platform.
Conclusion
According to a world bank report, Healthcare is one of the most important sectors of the world, and spending on health care will reach 12 trillion $ by 2022. The ageing population is also a paramount reason and cause of increased medical spending. We have to consider the effect of health care in the global economy. The research and development of generic medicines are one of the primary concerns of the major pharmaceuticals, who have been playing a key part in the overall medical care.
But, not all countries are same. While in some countries health care gets top priority, in some countries it gets the lowest. The rise in population, inadequate financial resources and lack of policymakers lead us to the dark age of health care priority. I think this platform will be able to bring global population on to the common goal of achieving great medical care.
To know more visit:
Website: https://elcoin.io/
Whitepaper: https://elcoin.io/White_Paper%200.9_v3.pdf
Published By: Kishan748
Btalk profle: https://bitcointalk.org/index.php?action=profile;u=1027561