Robomed – RBM ICO Patient Healthcare Smart Medical Network?
Robomed, found online at Robomed.io, connects patients and healthcare providers using smart contracts. Find out how it works today in our review.
What Is Robomed?
Robomed is a medical network based on blockchain technology using a digital token. The goal of the network is to connect healthcare service providers and patients through smart contracts. These two parties can communicate, process information, and settle transactions over a secure, transparent blockchain-based interface.
The Robomed network has its own token called RBM.
Robomed was built to solve major problems in the way the healthcare industry handles patient records: there’s a growing number of breaches across the healthcare industry. Patients can’t trust their data with major healthcare providers. Meanwhile, healthcare providers keep patient data in siloed structures, which makes it difficult for new providers to get a “complete picture” of the patient to provide optimal care.
Many of these problems are related to the use of centralized systems. Robomed aims to use blockchain technology to solve these problems.
How Does Robomed Work?
Robomed is a platform built on top of the Ethereum blockchain protocol. It creates a decentralized, cross-border ecosystem of healthcare providers where experts, patients, and healthcare providers can execute operations through smart contracts.
These smart contracts create a decentralized ecosystem where operations are processed systematically without middlemen. Smart contracts are used to determine whether or not the operation has been completed. Depending on the result, payments are processed autonomously.
The smart contract is the core of the Robomed network. It’s the main product offered here. A patient accesses the Robomed network to find a nearby medical center. The smart contract dictates international medical guidelines, while treatment is controlled by a Robomed smart contract. If the clinic accomplishes its treatment according to guidelines, then payment is sent from the smart contract to the medical center.
If the medical center does not meet international medical guidelines, then the patient receives a refund on his or her payment.
A medical service is considered successful – according to the smart contract – if it meets at least 65% of all performance criteria. The quality of service is also considered (66.7% of the rating goes towards medical efficiency, while 33.3% goes towards service criteria).
“This block chain version of the DRG reimbursement system lets Robomed Network scale the best medical practices to patients willing to pay for it in the developing countries.”
Robomed also has an electronic health record (EHR) system that allows users to connect and manage a medical organization based on the Ethereum blockchain’s smart contracts.
Patients will be able to access the platform through the Robomed mobile app. That app can be used to browse a map of doctors and medical centers in your area. You can sort based on specializations, treatment procedures, or your previous history.
Patients will also be able to access the platform through a web browser.
The Robomed Token Sale
The Robomed token (RBM) sale has already begun. It’s scheduled for October 25 to December 15, with various pre-sale bonuses and promotions available to customers. The first pre-sale period ends November 15, with the crowdsale concluding on December 15 at 12pm PST.
70% of the total supply of tokens are available to investors. 25% is reserved for a long term endowment/foundation, while 5% is reserved for early contributors and founders.
The base price of a token is 1 ETH = 2078 RBM.
Who’s Behind Robomed?
Robomed’s history dates back to 2015, when co-founders Philipp Mironovich and Ivan Devyatkov decided to combine their expertise from the IT and healthcare sectors. Mironovich had been involved in the launch of several hospitals, while Devyatkov was involved in scaling up the second-biggest healthcare laboratory player in Russia.
So far, the company has developed three software products (their Robomed EHR, the open API, and the smart contract). They’ve also connected 20 clinics, collected 1.7 million clients in their database, and digitized 2900 clinical procedures.
Robomed aims to be a major step forward for the healthcare industry. Instead of focusing exclusively on patient data management – like other blockchain-based EHR systems – Robomed aims to make it easier for users to interact with healthcare providers through a smart contract-based ecosystem. Healthcare providers must meet the requirements listed in the smart contract, or else risk losing payment for that service.
To learn more about Robomed, or to participate in the ongoing token sale, visit online today at Robomed.io.