Health records or health data is among the most private and confidential documents that a person could have. Therefore, it came to no surprise that there are strict guidance and regulations that restrict its access. This is not a bad thing per se as it protects a patient's privacy but at the same time limit its utilization.
If not distributed and used properly, these important documents are no different to waste papers. Such a thing could not be allowed as these documents are important source of data and information for patients, healthcare providers and researchers. Thankfully, MediBloc have our back.
What exactly is MediBloc
MediBloc is a decentralized blockchain-based ecosystem for health data storage and distribution. It's a platform which main aim is to utilized and incentivized our health records or data.
Since it's powered by the blockchain, its users are assured that their data are highly secure against attacks and is accessible only to them. Using MediBloc will also guarantee the patients complete control over their health data compared when it is in the hands of a healthcare institution. For example, a patient can instantly access his or her health data as long as they have a computer, laptop, or mobile that have access to the internet. Therefore, if a physician asked for a certain data, the patient would only need to whip out his or her cellphone, saving time and money.
MediBloc is especially created with its users benefits in mind. Below are some example how MediBloc will benefit patients, healthcare providers, and researchers.
For Patients
MediBloc is very beneficial to patients. Not only can they safely store their health data on the platform they can also sell them to researchers if they wanted, thus earning money while helping improve the healthcare industry.
When a patient went for a medical consultation or was confined, his or her medical records are usually compiled by the healthcare institution he or she went to. This is okay if the patient is willing to ONLY use that institution but a dilema if not. Who of us is certain that we will only use one healthcare institution all our life? None!
Besides that, getting those records could be very time consuming, not to mention it's not free as some hospitals or clinic requires its patients to pay certain fees just so we could see or retrieve our OWN health data! MediBloc will not have such annoyance as once stored in the platform, the patients will just need to whip out his or her cellphone! How convenient is that?
For Healthcare Provider
MediBloc not only bring benefits to patients, it is also beneficials to healthcare providers. The greatest benefit it could give to healthcare providers is time.
Time is extremely important to healthcare providers, almost as important as their or of a patient's life. I kid you not. The reason is because healthcare providers needed to juggle from one patient to another, this is especially true for emergencies. A moment the physician is treating a patient, the next he or she would be called to the emergency room to perform an operation or such.
In other words, more time equals more lives saved. Therefore, anything that could help a healthcare provider gain more time id greatly welcomed by them and MediBloc's lightning speed data retrieval is highly beneficial for a healthcare provider.
Another benefit of MediBloc to healthcare provider is that they can interact and exchange knowledge with each other within the platform, thus helping them improve their medical knowledge.
For Researchers
MediBloc is like a treasure trove of knowledge for researchers as it is a vast storage of health data and informations. So the benefits they can get from the platform is fairly obvious.
For example, if a researcher is searching for a certain data about a certain illness or disease, the researcher would only need to search using certain keywords pertaining to that illness and he would find a number of results. And when he found what he us looking for, he could directly buy the data on the platform if the owner of the data allowed it.
With such vast treasure trove of data that they could buy, researchers would have higher chance of experiencing a breakthrough in their research. This in turn will benefit mankind as a whole, as cures for previously incurable diseases can be created or discovered.
The MED Coin
MediBloc have its own cryptocurrency known MED coin or token. MED is an ethereum based token or the so called ERC20 token.
MED is useable within the platform to pay for services or purchases. For example, patients can use it to buy pharmaceutical products or researchers could use it to buy certain health data. It can be bought using fiat or other cryptocurrency or can be earned by feeding the blockchain with data.
MediBloc also have a Point System where users can earn "Medi Points" based on the users activities within the network. These "Medi Points" cannot be stored on the MediBloc wallet nor can is it useable outside the network. Instead it is used to verify processes within the network. They are also covertable MED coins after being saved up for three months.
Conclusion
The MediBloc's project is promising project with lots of utility and potentials. Once widely accepted and used it can greatly improve the healthcare industry, making people's lives better and healthier in the process.
Additional Information and Resources
This is my entry to 
Link: https://steemit.com/crypto/@originalworks/640-steem-sponsored-writing-contest-medibloc
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