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MediBloc MED Price

$0.008861

0.88%

$0.008800

24h Range

$0.008926

Market Cap

$84,562,476.4

Fully Diluted Valuation

$91,592,874.8

24 Hour Trading Vol

$600,675.0

Circulating Supply

9,543,626,701.0

Total Supply

10,337,069,612.0

Max Supply

Info

MED Price Statistics

MediBloc Price

$0.008861

24h Range

$0.008800 - $0.008926

Percent Change 1h

-0.57%

Percent Change 24h

0.88%

Percent Change 7d

0.49%

All-time high

$0.352

All-time low

$0.001614

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About MediBloc

What is MediBloc (MED)?

MediBloc (MED) is a blockchain-based healthcare data management platform designed to give patients control over their medical data while enhancing the efficiency of healthcare systems. Launched in 2017, MediBloc aims to create a decentralized ecosystem for storing, sharing, and utilizing health information. The platform employs a token called MED, which facilitates transactions within the ecosystem, enabling users to access and share their medical records securely.

Who are the Founders of MediBloc?

MediBloc was co-founded by Dr. Hee-Kyung Kim, who has a background in medicine, and Dr. Yong-Ho Kim, who specializes in computer science and engineering. Their unique combination of expertise in both healthcare and technology drives the vision of MediBloc to revolutionize the management of health data. The team includes professionals from diverse fields, including blockchain technology, healthcare, and data security, ensuring a comprehensive approach to the challenges in healthcare data management.

How does MediBloc Work?

MediBloc operates on a decentralized network where patients can store their health records securely and grant access to healthcare providers as needed. The platform uses smart contracts to ensure that data sharing is transparent and consensual. By utilizing blockchain technology, MediBloc provides immutability and security for health data, preventing unauthorized access or tampering. The MED token serves as the medium for transactions, incentivizing users to engage with the platform, allowing them to pay for services and reward providers for sharing data.

Data Sharing

Patients can selectively share their medical records with doctors or institutions, ensuring that they maintain control over who has access to their information.

Interoperability

MediBloc aims to bridge different healthcare systems, allowing seamless data exchange between various platforms, enhancing the overall quality of care.

Data Ownership

With MediBloc, patients own their data and can choose how and when to share it, a significant shift from traditional systems where healthcare providers often control patient data.

Top Use Cases of MediBloc

  • Personal Health Records Management: Patients can store and manage their health records, ensuring they have access to their medical history anytime.
  • Telemedicine: MediBloc provides a framework for telemedicine services, enabling healthcare providers to access patients' medical histories for better diagnosis and treatment.
  • Clinical Research: Researchers can access anonymized data for studies, improving the speed and accuracy of medical research while maintaining patient privacy.
  • Insurance Claims Processing: MediBloc can streamline the claims process by providing verified patient data to insurance companies, reducing fraud and speeding up reimbursements.
  • Health Incentives Programs: MediBloc can facilitate health incentive programs by rewarding users with MED tokens for maintaining healthy lifestyles or participating in health initiatives.

How to Keep your MediBloc Safe?

To ensure the security of your MediBloc holdings and personal data, consider the following measures:

  • Use a Secure Wallet: Store your MED tokens in a reputable wallet that supports ERC-20 tokens, preferably a hardware wallet for enhanced security.
  • Enable Two-Factor Authentication: Always enable 2FA on your accounts associated with MediBloc to add an extra layer of security against unauthorized access.
  • Keep Software Updated: Regularly update your wallet software and any applications related to MediBloc to protect against vulnerabilities.
  • Be Wary of Phishing Scams: Always verify the authenticity of communications and websites related to MediBloc to avoid falling victim to phishing attacks.
  • Backup Your Wallet: Maintain secure backups of your wallet's private keys and recovery phrases in multiple safe locations to prevent loss of access to your funds.

How to Invest in MediBloc (MED)?

Investing in MediBloc (MED) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy MediBloc: Once your account is funded, you can purchase MediBloc directly from the exchange. Choose the desired amount and complete the transaction.

Investing in MediBloc (MED) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in MediBloc using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for MediBloc (MED) in the Long Term?

MediBloc (MED) is currently trading at $0.008861 and exhibits good potential for future growth. Check the latest MediBloc (MED) price prediction.

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