MediBond promises to put “healthcare in your hands” using blockchain technology. Find out what that means today in our MediBond review.
What Is MediBond?
MediBond is a blockchain technology platform targeted at advancing and improving the healthcare experience.
The company’s token sale is taking place throughout August and September.
Like other blockchain-based medical platforms, MediBond wants to give patients an easier way to organize, share, and store their data. Your health data is held by centralized medical records databases at multiple healthcare companies. It’s difficult to know where your medical data is, how it’s being used, or how to share that data with relevant parties.
MediBond plans to implement cryptographically-secured medical records management, an artificial intelligence system, and other features. The artificial intelligence system could be used to predict patient diagnoses at the early onset of symptoms, for example.
Another key feature of MediBond is the tri-signature verification system, which would be required for things like pharmacetucial transactions. A pharmaceutical transaction taking place on the MediBond blockchain, for example, would require a sign-off from the doctor, the insurance company, and the pharmacy.
Here are all of the features currently listed on the MediBond.io website:
MediBond will use a trinary multi-signature protocol that requires a sign-off from all three parties involved in the transaction (insurance, pharmacies, and doctors). This will provide data integrity to healthcare transactions and reduce fraud, which keeps the process of filling transcriptions transparent.
Medical Records Management:
MediBond’s blockchain will allow patients to cryptographically secure and encrypt their medical data as it’s safely transferred between hospitals, pharmacies, insurance agencies, and other parties on the blockchain. A multisignature sign off is required when dispensing data to any third parties.
MediBond is building a neural network that can be used to predict diseases and illnesses in patients as quickly as possible. The neural network is based on data collected from medical professionals. These professionals are creating signals that can help with the early diagnosis of patients and identify risk factors at an early stage.
The MediBond Token Sale
The MediBond is taking place throughout August and September. The 15% bonus period ends on September 15.
MediBond is accepting investments in Ethereum, bitcoin, and Litecoin. Minimum investments are 0.1 ETH, 0.01 BTC, and 0.5 LTC.
80% of the total supply of MediBond tokens are being distributed during the sale. The sale comes with a hard cap of $15 million.
Who’s Behind MediBond?
MediBond is led by Ben Steffens (Founder and President) and James Billot (Cofounder and Advisor). Other key members of the team include Albrito Marques, Divya Gawas, and Omkar Harmalkar, all of whom are listed as authors on the MediBond whitepaper.