What Is XMED Chain?
XMED Chain (XMC) is a medical blockchain platform that is also characterized by Artificial Intelligence (AI) and big data technologies. The platform has the vision to build a sustainable, patient-oriented, and intelligent ecosystem that will assist in medical data management. The system will also help build a more efficient global healthcare system.
How XMED Chain User Generated Medical Blockchain Data Works
The traditional way of management of medical data is outdated. The storage of data is scattered, and its sharing is not sufficient. There is no standard format for medical data storage, and patients are expected to collect and provide their own data to different medical institutions. The privacy protection of the patient’s data depends on the institution. The existing system has a one-fold method used for searching high-quality medical data that makes it hard to get accurate and efficient results. The information gap that exists in some areas also leads to inadequate medical resources compared to those areas that have excess medical resources.
The XMED platform works by validating and encrypting uploaded medical records by use of blockchain technology. AI and big data systems will help in the analysis of data. After evaluation and analysis, the results, users will access the data. The data from the XMED platform can be used in the scenarios below:
- Secure medical data can be generated for use by patients
- Users can authorize for the data to be used in:
- Medical appointment
- Online consultation
- Purchase of insurance and other value-added services
- Encrypted data can also be securely shared by organizations.
The system facilitates the standardization of medical data processing and comes up with a global medical system based on the needs of the user.
Why Use XMC Medical Data
- XMC provides the best medical solution due to the use of blockchain, big data technologies, and AI
- Allows for reliable and safe circulation of medical data, this is due to the presence of the encryption properties of blockchain technology.
- Users can have access to multidimensional global medical services and advice just by referring to the XMC platform. The big medical data will give patients medical information to meet their needs.
- A platform that users will benefit from as the XMC token is a reward for every user on the platform.
- The XCM system allows for efficient data sharing among medical facilities. The platform also reduces the institutions trading cycle and fastens the process of reimbursement from insurance firms.
XMED Chain Platform Users
In addition to individuals using the XMC system, other beneficiaries of the system include:
They can utilize the medical resources in the platform. The system can also help in the establishment of a comprehensive evaluation system for medical data and a system for insurance advice.
They can verify authentic products. The platform can also be used as a centralized procurement transaction mechanism for equipment and drugs.
The system will shorten the processing time for claims. The data collected will also be used to shorten the time taken to research for insurance products. Health insurance investors will also get proper data to make the best investment.
The data analysis provided on the platform will lower the cost of R&D of biotechnology products.
XMED Chain XMC Token Details
The XMC token will be circulated on the XMC ecosystem. Users will also use it to access different services. Further, the tokens will reward the users who upload medical data, verify medical data uploaded by others, and reward those who assist in secondary identification for AI analysis.