MedCash (MEDCASH)

MedXchange is a blockchain-based system to democratize the USD 340 billion global medical device industry. The platform will: (i)disintermediate the medical device and supplies ecosystem and make it more efficient; (ii) facilitate and secure the global exchange of medical devices, supplies and payments; and (iii) lower patient/customeror insurance cost.

Pre-ICO

   

    MedXchange is the first blockchain-based system for the global medical device industry.According to the U.S. Department of Commerce, the global medical device industry size was approximately $340 Billion in 2016, and will grow to $435 Billion in 2020. MedXchange willallow the suppliers(“Sell-side Users” on the MedXchange platform) of medical devicesto directly and securelytransact with patients and end customers (“Buy-side Users” on the MedXchange platform), reducing delivered medical supply costs globally and making much needed medical devices more affordable for patients and end users, while at the same time improving margins for beleaguered medical device manufacturers. This will improve quality of life and save lives, while enhancing the long term viability and innovative vibrancy of medical device companies.Transactions on the MedXchangesystem will exclusively be facilitated by our MedCash (MEDCASH) token. MedCash (MEDCASH) will also be what funds the miners and data silos. The currency can also be used to activate smart contracts or trade for keys. Also, hospitals, 

clinics and GPOs (Group Purchasing Organizations) will be able to deploy their supplier contracts on MedXchange as self-executing smart contracts. The project is backed by pre-agreed use cases, including a novel, lifesaving technology that targets a multimillion patient / end user population globally, potentially representing billions ofsystem transactions annually. Other use cases are expected to board the system quickly. After the initial introduction to the medical device industry, MedXchange will be also marketed to otherregulated health care ecosystems, such as pharmaceuticals, laboratory equipment, and services, as the platform will be developed to be scalable and flexible from the outset.

Starting date :  April1st, 2018

Ending date : The earlier to occur of: (1) Upon reaching hard cap; or May31st, 2018

Website          www.medxchange.io

Whitepaper           View Whitepaper

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