MediChain is a brilliant new technological concept that makes patient data borderless, as per the limitations the patients impose. This heavily reduces medical errors.

Moreover, the platform provides a means to buy and sell the medical data to connect market supply and demand.

Read on to learn about MediChain’s Benefits.

Part 1: VRIO Analysis

VRIO analysis gives a crisp and tight snapshot of the odds of success of a project.

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I’ll be analyzing whether MediChain genuinely adds value to the overall state of cryptos and whether its value-addition is sustainable and maintainable.

MediChain is filling up a major market gap and that allows it to propose various value offerings. The team behind MediChain undrstands that there is an existing demand and supply for medical data but there isn't any channel available to seamlessly conntect the two in an affordable and easy manner.

By connecting massive volume of existing supply and demand within a market for medical data, MediChain is creating way for a world of efficient trades that would have not been possible before.

Institutions in need of medical data now have access to it at an affordable price without having to exert much effort.
Individuals now have a way to access their data seamlessly across all means of boundaries and can sell it as an income channel.

Money aside, MediChain offers a way for all healthcare specialists across the globe to access patient information; therefore, this product ensures a reduction in fatal medical errors.

What could be more valuable than saving lives? Medichain could be something that saves your life some day.

From a blockchain project's perspective, a product is rare if it's abilities cannot be duplicated without the aid of the blockchain.

While databases for data do exist, they do not provide transparency, control of anonymity, or a protocol for rewarding users for sharing data. MediChain provides these services and it is the only product that will be offering such a platform.

Products in the blockchain sphere often fall prey to copy-cats. However, the degree of technical possess by imitators is limited as otherwise they'd pursue unique developments of their own.

Projects that merely offer benefits like transparency leverage the lowest hanging fruit of the blockchain technology. MediChain offers specialized advantages that cannot be attained through just technological skill; this product requires teams that cohesively excel at medicine and business operations.

MediChain's team is perhaps the only group in the blockchain field to have all the necessary skills and knowledge required to develop such a product.

A product's success is dependent on the team creating it. A key factor in analyzing the potential of a new blockchain project is by assessing the team.

MediChain's team has decades of experience in medicine, technology, and business enterprises. The team has sufficient connections with Ivy League universities' medical schools and OxBridge medical schools to understand the needs of the medical research world. It's members have worked in pharma and technological firms so they have the understanding of the technological scope of MediChain to best suit institutions' needs.

MediChain's is highly qualified and has the right skillset to fulfill the delivery of MediChain as a complete and successful product.