When people have health problems they visit the hospital to receive the appropriate treatment for proper recovery.However, due to patient’s limited medical knowledge and information it makes it difficult for one to determine whether they need to physically visit the hospital or not. This therefore leads to a lot of time and money wastage on unnecessary hospital visits and also may lead to lose of opportunity for patients who actually need to visit the hospital.
Recent technological developments have provided an alternative to such current health care delivery systems problems,one of which is remote health care (telemedicine).
Telemedicine:telemedicine is the remote delivery of healthcare services, such as health assessments or consultations, over the telecommunication infrastructure. It allows healthcare providers to evaluate, diagnose and treat patients without the need for an in-person visit.
Enter Mdsquare
MDsquare is telemedicine app powered and secured by blockchain technology.The service connects patients to medical specialists anywhere in the world.The blockchain connects patients, doctors, interpreters, and eventually hardware and software companies, pharmaceutical companies and other healthcare providers as well.
Built on the Ethereum platform, MDsquare uses smart contracts that allow patients to make one payment that automatically gets split up and paid out to all involved caregivers and support staff: the doctor, the interpreter when necessary, and if the physician requests lifestyle data be shared from a fitness wearable, the IoT device manufacturer. Furthermore, being on the blockchain allows encrypted medical files to be shared securely, and even enables the patient to optionally sell anonymized medical data directly to medical research companies.
MDsquare allows us to create a seamless ecosystem for healthcare.
MDsquare was co-founded in South Korea by Dr. Paul Oh, a career dentist who owns three clinics in Seoul, and Robert Hwang, a global ICT expert with more than 20 years of experience. Oh conceived the service to address inefficiencies he witnessed in the medical field.
Vision
The vision of MDsquare is to significantly increase the quality and accessibility of healthcare services around the world by utilizing power of blockchain. We connect doctors and patients globally by providing opportunities and high quality service without any boundaries.
In Summary
MDsquare is launching at a time when telemedicine is starting to take off across the world and with our platform, telemedicine is made much more convenient for both patients and doctors. Through our platform everyone is viable for quality heathcare from anywhere in the world.
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