.jpeg)
XMED Chain (XMC) is the world first application system that utilizes the blockchain technology, artificial intelligence (AI) and big data analytical power. Users or patients can upload and manage their personal medical records through XMC, which would allow them to have ownership of their own personal data that cannot be edited by other parties without the owner’s authorization. XMC utilizes the characteristics of blockchain, such as decentralized consensus, “trustless”, and immutable, to encrypt and store personal medical data. XMC also utilizes AI and big data to analyze and provide personalised information of the global medical services that meets the need of the users, which will provide a safe and efficient data management platform for individual and institutional users. XMC will be an important milestone in the integration of a borderless health care system to achieve medical globalization.
XMC Application Ecosystem
OUR VISION
Our vision is to build a patient-oriented, sustainable and intelligentized ecosystem in medical data management in order to achieve a globalized health care system.
XMC ADVANTAGES
XMC is the first blockchain project aiming to promote global health care integration. Through the use of blockchain technology, XMC can provide a secured, reliable and speedy data exchange.
1）XMC is the first blockchain project to integrate and globalise medical service through applying blockchain, AI and big data technologies. The decentralized feature of the blockchain technology allows the instantaneous distribution of information. The AI and big data technologies provides accurate analysis to generate global medical solutions to users. XMC speeds up data sharing among institutions and provides the foundation for global medical service integration.
2）Safe and reliable medical data circulation
The XMC system greatly improves data security. The encrypted nature of the blockchain technology ensure the safe circulation of medical data. Patients can provide encrypted medical records to institutions and authorize data circulation among agencies with confidence.
3）Efficient data sharing among users
After obtaining user authorization, institutional users can share data efficiently and instantly within and between institutions by accessing the API of the XMC system. This feature will solve the cumbersome data transfers in the past, enabling seamless transfer between institutions.
XMC shortens the trading cycle of medical institutions with their upstream suppliers and accelerates the reimbursement process involving medical institutions and insurance companies.
4）Utilization of global medical services
Individual users can obtain global information on medical services from XMC’s analysis. Medical big data can solve the problem of information asymmetry and provide patients with transparent medical information, including medical service information, treatment programs, satisfaction rating and other relevant information helping patients to select the best global medical program that meets their medical needs.
5）Build a health chain that everyone benefits from
XMC is an application with a wide range of users. Every individual or institutional user that provides and shares medical data can receive XMC Token as a reward for the contribution to the medical ecosystem.
Individual users can upload medical records and save encrypted data on XMC, making it a digital asset. Under smart contract agreement, institutions use XMC system API to efficiently manage medical data to improve the overall quality of medical services and provide patients with more value-added services.
GLOBAL MEDICAL MARKET SIZE
In the past 10 years, demands of global and cross border medical services kept rising. Population aging, growth in middle class’s income, increasing costs for medical insurance and medical expenditure and the growth in income in developing countries are all pushing toward higher demands in health care. By the end of 2018, global market of medical services is expected to reach over 8 Trillion USD and demands of cross border medical services will reach 421 Billion USD.
XMC TOKEN
In the traditional medical environment, individual users have no direct control over their medical records and do not realize the value of personal medical information. Users of the medical information cannot guarantee the authenticity of the information obtained. The future of medical data should be transparent and open, which leads to the concept of XMC token (XMC Token). XMC Token will be circulated in the XMC ecosystem, designed for all users who contribute to a harmonious and shared economic ecology.
XMC Token ensures that user’s verification tasks are rewarded. This can effectively reduce malicious behaviors. In the XMC ecosystem, we create a shared environment that will benefit all users (patients, physicians and health care related institutions) and ensure accurate and effective medical data exchange.
The core value of the XMC system is based on medical data management and analysis with the reward of tokens. The users can be rewarded with XMC Token after they have successfully registered, upload their medical record and pass the verification process. The user can also obtain tokens by uploading a medical record or assisting in verification of medical records. User can pay tokens to obtain health service information generated by AI analysis.
BLOCKCHAIN TECHNOLOGY ARCHITECTURE
A typical block chain technology architecture is based on the analysis of the existing blockchain system of technical solutions and needs.
Core application component
The core application component provides a unique application for the blockchain features allowing the use of digital distribution of digital assets through programming, through the preparation of smart contracts using scripting language to operate the blockchain assets. The Incentive Mechanism maintains the blockchain system with safe and stable operation. The Alliance Chain and Proprietary Chain also requires supporting facilities.
Core technology components
The core technology components include the basic components, protocols and algorithms on which the block chain system relies. These are further subdivided into four layers of communications, storage, security mechanism and consensus mechanism.
XMC TOKEN MECHANISM
XMC Token is issued by initial coin offering (ICO) with an upper limit set, which accounts for 31.4% of the total tokens generated. XMC Token total supply will be set as: 700,000,000 XMC Tokens. 31.4% tokens will be used in ICO public sale.
The price is 0.1 USD Dollar for 1 XMC Token. The tokens which are not sold in ICO will be automatically destroyed.
XMC TOKEN DETAILS
• The XMC Token sale will have a hard cap of USD 22M
• Based on the ETH smart contract
• The exchange rate between XMC Token and ETH based on the exchange rate as issued by coinmarketcap.com on 8am Hong Kong time of the day, your amounts of XMC Token will be confirmed by email notifications.
MARKET PRACTICE
XMC Token refers to Lite coin and other well-known encryption of digital coin in order to keep up-to-date with the latest market practice.
XMC Token will also be launched through a nonprofit foundation also known as Public Company Limited by Guarantee in Singapore in order to achieve true decentralization. The main task of the foundation is to publicly, fairly and transparently operate the state of XMC Token in a decentralized manner and support the development team.
ROADMAP
LONG-TERM DEVELOPMENT GOALS
For more information, please visit:
Website: http://www.xmedchain.com/
Whitepaper: http://www.xmedchain.com/XMC_Whitepaper_EN.pdf
Twitter: https://twitter.com/XMEDChain
Telegram: https://t.me/XMEDChain
Facebook: https://www.facebook.com/XMEDChain/
LinkedIn: https://www.linkedin.com/company/13599198/
Author: Crator Touch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1612381