This week, E Business Review
Magazine had the pleasure of attending the UNLOCK Blockchain Forum, in the
rumored Blockchain capital of the world; Dubai. Amongst the hustle and bustle
of the conference, we managed to obtain an exclusive interview with one of the
most talked about names associated with Blockchain technology; Mr. Mohamed Tayeb, Co-Founder and COO of
Medicalchain, one of the leaders in the development of Blockchain, uses the technology to securely store and utilize health records whilst maintaining a single version of the truth.
“Medicalchain was born to combat the frustrations of the disjointed legacy technology used in healthcare around the world” said Mr. Mohamed Tayeb. “Patients and Doctors alike, suffer due to the lack of reliability and availability of an individual’s full health record. Personal health data is currently stored across multiple platforms and is not fully accessible by any one person, at any one time. Medicalchain is the answer to this problem. Medicalchain, allows for a patient to carry their full health record with them at all times, to any place in the world. With Medicalchain, a patient can give authorized access to their record to a healthcare provider of their choice, thus far providing that professional with an accurate single version of truth, that they can then utilize to take the best action for that patient” stated Mr. Tayeb.
Health records by law are required to be secure, however there still remains the urgent need for them to be reliable, accurate and accessible. A study conducted in 2016 by Johns Hopkins University, America, discovered that medical errors are the 3rd most frequent cause of death in the USA. This shocking result, shows that the possibility of death as the result of a medical error is far greater than the possibility of death due to murder or theft.
In light of this, we asked Mr. Tayeb how Medicalchain can solve the issues surrounding the secure storage and utilization of health records. “The Medicalchain platform stores all past, present and future healthcare data for a patient in one place, protected by Blockchain Technology. The data is non-manipulative and is only accessible by healthcare professionals who have been given authorized access by the patient” said Mr. Tayeb. “The patient has full control of who has access to the record, even to the degree of the number of seconds that the permitted access will be valid for.”
In addition to the safe storage and utilization of health records. Medicalchain also aims to revolutionize consultations. “We are launching a Telemedicine Application that integrates with the Medicalchain platform, that allows for a Doctor to conduct a consultation with their patient via a video call. This means that a pre- authorized Doctor could access a patient’s healthcare record remotely, whilst also facilitating a full consultation” Proclaimed Mr. Tayeb. “The implications of this technology are unprecedented. The need for travel is eliminated and this allows for a patient to have borderless access to specialist medical professionals around the world.”
He explained further “Medicalchain will also connect research institutions with users who are willing for their anonymous health data to be used in medical research. This results in the increased engagement of patients with their personal health, and the next generation of cutting edge medicine is powered.”