MedicoHealth – ICO Detailed Information

The revolution of cryptocurrencies and blockchain technology has brought a lot of new ideas regarding potential ways of advancing current systems in countless industries. In some industries, that would mean an entirely new way of doing things. In others, things would remain pretty much the same, only with more security, efficiency, and speed.

However, it is possible that no other industry would benefit from blockchain technology as much as the medical industry. The fact is that this particular area uses technology that is way beyond outdated at this point. The security, which is of utmost importance for the preservation of privacy and patient confidentiality, is barely non-existent. Additionally, there are no ways of sharing such data between institutions in a safe way.

With blockchain, all of these, as well as many other issues, would easily be resolved, and that is something that the project known as MedicoHealth is trying to do.

About MedicoHealth

MedicoHealth is a blockchain-based project that aims to improve the healthcare industry, which currently operates on an extremely fragmented system. Any average patient has extremely limited options when it comes to efficient, reliable consultation regarding their conditions.

This is a major issue, and many view it as one of the worst problems in the industry, particularly since the internet has been around for decades now. But, sharing this information between institutions has proven to be a difficult task, at least when it comes to sharing it in a safe way. Further, patients need to know that their physician or specialist of choice is reliable, efficient, and capable of helping.

With MedicoHealth platform, patients would have a completely anonymous and safe communication with some of the world's best physicians. They would be able to check the physician's credentials, license, and all other information that would be stored in an immutable decentralized database. The same would be true for the patients' data, which would only be accessible to the physician of the patient's choosing, and only for a limited amount of time.

The service would be available to anyone, anywhere in the world, and they would be able to pay for it via the platform's tokens, which would run the system, compensate service providers, and more.

MedicoHealth ICO details

MedicoHealth has yet to announce its ICO, but it is known that the project's preICO will start in about 55 days. Its token, MHP, is designed to act as a utility which would be used by patients and physicians alike. The project already has available MVP, bounty, and bonus, and it is being developed as an ERC-20 token on Ethereum's platform.

Its preICO, as well as ICO price,  will be the same — $0.08 per MHP. Of course, the tokens can be obtained in exchange for ETH, with a minimum investment being quite low — only 0.1 ETH. Even so, the project expects to attract quite a lot of attention, as their soft cap is at $3.5 million, and the hard cap sits at $23.5 million.

MedicoHealth ICO is registered in Switzerland, and it will be available to any one around the world, except for the US, China, and South Korea. Everyone else is welcome to participate if they go through KYC and Whitelist procedures.

Author: Ali Raza for Crypto-Rating.com

• 2015 Identifying the information exchange trust and security issues in healthcare. Working on theories of combining information exchange with blockchain. Acquiring seed capital of 500K from founders.
• 2016 Technology and healthcare research. Building partnerships with medical institutions. Beta testing of the core technologies. Identifying stakeholders in the industry.
• 2017 Testing Beta Version (not public). Selecting the core team. Developing the “go to market strategy”. Establishing referral network. Assessing technology readiness for scaled blockchain.
• 2018 Q1 Private Pre-sale (Limited Round). Final testing and selection of possible usable blockchain protocols and technologies.
• 2018 Q2 Whitepaper finalization. Developing Proof of Concept with selected encryption features and local storage.
• 2018 Q3 Implementation and testing of decentralized storage and key exchange. Scalability tests with selected partners and in selected countries. Beta release of mobile app for users and doctors.
• 2018 Q4 Presale. Crowdsale. Expansion and level 2 scalability testing. Decentralized storage implementation. Extended testing of core functions and security. 
• 2019 Payment module with tokens. Physician Identity Module. Release of mobile App for secured communication. Opening of the platform for third party developers. Full Platform functionality. Expansion to RUS and GUS. Expansion to US market and Latin America Establishing new partnerships with national and international health insurance companies - private and public ones.
• 2020 Establishing partnerships with hospitals using our Platform. Expanding to Middle East. Expanding to Africa. Establishing cooperation with Universities
• 2021 Establishing cooperations with Clinical research and trials. Expanding to China. Further Asia expansion.