Medical Token Currency, or MTC, provides free basic healthcare to the world using blockchain and AI. Find out how it works today in our review.
What Is Medical Token Currency?
Medical Token Currency aims to provide the future of medicine with the help of blockchain and AI. The digital token, abbreviated MTC, can be used on the Docademic Platform, which is a single, globally-sourced healthcare service for the public. The platform uses doctor-AI assisted video telemedicine services to provide better care to patients. The platform is already in use in 20 countries by thousands of users. It was first introduced in 2016.
Using the Docademic Platform, patients can access free basic healthcare from a network of doctors around the world. The platform also relies on artificial intelligence.
How Does Docademic Work?
Medical Token Currency is the digital token that can be used on the Docademic Platform.
Patients access the platform through an app. You load the app, then can start speaking to a doctor almost immediately. The chat takes place like an ordinary video call. The video call is totally free, and no tokens need to be exchanged during this process.
If the doctor recommends additional treatments, then you can purchase treatments directly through the Docademic platform.
Artificial intelligence is also used to create new patient identities. Those identities are then uploaded to the blockchain.
Smart contracts are used to process incoming transactions to the blockchain. The goal of the Docademic app is to onload patient data onto the blockchain, creating a single, immutable source of patient data that can be accessed by any doctor.
Other key features and functions of the Docademic platform and the Medical Token Currency include:
- Each transaction is stored on the blockchain, which contains the patient’s public (non-identifiable) ID
- The smart contract processes incoming transactions
- Health organizations and institutions submit their queries via APIs or develop their own smart contracts
- Non-identifiable patient information like age, gender, and illness, is all viewable
- Data on the Docademic platform can be analyzed to discover new insights
- The patient’s private key links their identity to blockchain data
- The private key can be shared with new health organizations
- Using the key, organizations can then uncover the patient’s data
- Data remains non-identifiable to those without the key
The end result of this system is that patients can access free basic healthcare through the platform. Patients can also purchase additional services if necessary.
How To Use The Docademic App
The Docademic app is designed to be easy to use. You can use the app to access free healthcare today. Here’s the basic process you use to access the Docademic ecosystem:
- Download Docademic, then register with Facebook, Gmail, or any email address
- Press a button and talk to a doctor 24/7 for free
- The platform provides blockchain-enabled, AI-assisted service
The end result is that patients enjoy free access to healthcare worldwide, 24 hours a day, 7 days a week. Patients also access an on-ramp for medical services. Patients can choose to purchase health services through the Docademic platform.
Docademic For Doctors
Why would doctors provide services for free over the platform? What incentive do doctors have to participate? Docademic will have a “Docademic for Doctors” social network compromised of a suite of services that help to reduce diagnosis errors and enhance their medical education.
Docademic for Doctors also includes an electronic health record and access to 600+ medical journals.
Some of the overall benefits of the platform include:
Reduction Of Counterparty Risk:
Doctors who use the Docademic Platform can rest assured knowing that the information is compliant with regulators. Docademic is regulated in the United States.
Docademic’s doctors will update their knowledge of other treatments without having to search through medical journals directly. Docademic has a real-time posting technology that delivers journal updates directly to you.
More Accurate Diagnosis For Patients:
Doctors can provide better healthcare outcomes to patients. The platform seeks to avoid inefficiencies in healthcare overall.
How Does The Medical Token Currency Work?
The Medical Token Currency, or MTC, is a blockchain-based currency that powers the Docademic platform. As more healthcare services utilize the MTC blockchain, the company anticipates that MTC will become the token of choice for a growing ecosystem of healthcare service providers, thus causing the utility of MTC to grow.
You can pay for all Docademic products and services using MTC. Tokens can also be traded on major exchanges, or used as payment for other healthcare services outside of the platform.
Of the total supply of 1 billion MTC tokens, 35% is offered to the public through an ICO, which begins on January 29, 2018.
The remaining tokens are reserved for the community and ecosystem (30%), the management, team, and shareholders (20%), and strategic partners (15%).
MTC are ERC20 tokens built on the Ethereum blockchain. The tokens will be sold at a base price of 1 MTC = 0.001 ETH during the token sale.
One of the unique benefits of MTC tokens is that users can lend their tokens to Docademic for a fee. Docademic pays this fee in exchange for adding liquidity to the MTC market.
Who’s Behind Docademic?
Docademic is led by Charles Nader (CEO), a serial entrepreneur who studied medicine at Anahuac University.
Other key members of the team include Isao Hojyo (COO), Arturo Diaz (CTO), and Alejandro Meza (CFO).
The company is based in Mexico.
Medical Token Currency, or MTC, is the native currency for Docademic, a medical management platform for patients and doctors. The platform already provides free basic healthcare services to patients in 20 countries worldwide: you just download the app, then press a button to speak with a doctor 24 hours a day, 7 days a week. Patients who need additional services can pay for them through the platform, using MTC tokens or another payment method.
The ICO for MTC tokens begins on January 29. To learn more about the project, visit online today at Docademic.com.