My Blog About Blockchain: XMED Chain(XMC) - to build a patient-oriented, sustainable and intelligentized ecosystem in medical data management in order to achieve a globalized health care system.

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.

Issues in the Health Care Industry

Demand for global medical

big data management:

The traditional way of medical data management is outdated in such diversified health care environment. Data storage is scattered and data sharing is difficult.

Scattered medical data:

There is no standard format for keeping a medical data storage. In most cases, patients need to collect and provide their own medical records to different institutions.

Lack of patient authority in medical data management:

Patient’s privacy protection largely depends on the institutions themselves.

Lack of high quality data analysis system:

Due to the existence of flaws such as being too diversified, fragmented and maybe invalid, it is difficult to ascertain the accuracy and efficiency on the analysis based on such data.

Mismatch of medical resources:

The allocation of quality medical resources is unbalanced, due to the lack of knowledge in certain areas of medical care. The mismatch of medical resources hinders the quality and efficiency of health care.

Advantage of using XMC

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. XMC effectively solves issues in the medical industry

The first blockchain project for global medical service integration:

XMC applies the blockchain, AI and big data technologies in the market of global medical service and provides the best medical solution.

Safe and reliable medical data circulation:

The XMC system greatly improves data security. The encryption properties of the blockchain technology ensure the safe circulation of medical data.

Utilization of global medical services:

Users can obtain multi-dimensional global medical service advices from XMC’s analysis. Medical big data can provide patients with transparent medical information with the best global medical program that meets their medical needs.

Everyone benefits from XMC:

Build a health chain that everyone benefits from. XMC is an application with a wide range of users, and every user can receive XMC Token as a reward for the contribution to the medical data.

Efficient data sharing:

Institutional users can share data efficiently among medical institutions. XMC shortens the trading cycle of institutions and accelerates the reimbursement process involving insurance companies.

Design and Technology

How to use XMC?

Through the application of smart contract, users can submit their medical records or other medical data to XMC. The XMC’s system analyzes the data and generates optimal medical service options for such user and provides a platform of information for patients to locate a safe one-stop health care consultation.

Submission and verification of medical records

The verification of medical records uses the "consensus / AI / encryption algorithm" technology to ensure immutable and secure data are uploaded, verified and transmitted. Individual users shall have primary control over their personal data.

Identification and translation of medical records

After verification of the medical record, AI system identifies and converts contents into text format. AI technology will translate the text language into the user's default system language.

Intelligent match of medical data

Through the database, users can learn the global medical data including the patient's height, gender, weight, symptoms, hospitals visited, as well as the medical technology and drugs that have been tried and the satisfaction degree and so on. Through AI technology, the data can be intelligently searched and matched to different levels. As a result of the intelligent screening, the AI system will provide the most appropriate global medical solutions based on the patient's medical record，and abandon the unverified data from the Internet.

What can achieve through the XMC system?

XMC’s system can connect to data systems in enterprises, such as HIS, ERP, CRM and others by API docking. Under patient’s authorization, authorized enterprises have access and editing permission to the users’ medical records.

Business Model

We have profound experience in global health care and is capable of meeting the needs of a wide range of users by providing a variety of health-related services, as they are perfectly aware of the insufficiency in the current health care model. The accumulation of user data can help to improve XMC’s intelligent analysis. Both parties can benefit from the XMC ecosystem.

The XMC’s system analyzes medical records uploaded by users and provide professional suggestions to meet users’ needs for medical services, such as medical appointments, information about referral services of medical centres, information on body checks services and information on insurance. XMC and cooperating organizations can provide a wide range of corresponding health services. Ultimately the XMC will achieve a strong linkage and sustainable business cycle in the global health care industry.

Functions and usages of XMC’s system

1. XMC’s system platform specific function

The XMC’s system is divided into three terminals, enterprise (SaaS), patient, and system management. The three different terminals can achieve a variety of functions. The enterprise terminal will allow data management system docking, user registration, retrieving medical records and other management functions. Patient terminal will provide a platform for medical record upload, AI analysis, authorize record usage and other functions. Management terminal can provide smart contract management service, node permission and other management functions

2. Smart contract management

3. Management of nodes and application of API

XMC Features

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.