MediBloc (MED)
Rank #752
Market snapshot
- Price
- $0.0012629
- Market cap
- $14.6M
- 24h volume
- $851,370.65
- Circulating supply
- 11,538,577,708
- Total supply
- 12,328,795,620
- Max supply
- N/A
What is MediBloc?
MediBloc is a cryptocurrency that aims to develop a patient-centered health data ecosystem. This ecosystem is designed to protect individual privacy while maximizing the reliability of health data. MediBloc utilizes a blockchain called ‘Panacea’, which is optimized for health data exchange, enabling users to have sovereignty over their own health information.
How MediBloc works
MediBloc operates on a decentralized blockchain called ‘Panacea’, which is tailored for health data exchange. This blockchain ensures that health data is not recorded directly on it due to the sensitive nature of such information. Instead, it provides a tamper-proof environment for managing health data while protecting individual privacy. The platform is designed to connect fragmented health data, allowing for better interoperability and access to personal health information.
Key information
- Symbol
- MED
- CMC rank
- #752
- Network / platforms
Cosmos
- Categories
- N/A
- Date added
- Dec 22, 2017
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Cosmos
IBC/3BCCC93AD5DF58D11A6F8A05FA8BC801CBA0BA61A981F57E91B8B598BF8061CB
Key characteristics
MediBloc is built on the ‘Panacea’ blockchain, which is specifically optimized for health data exchange. The platform is decentralized and aims to provide a secure environment for managing health data. MediBloc is categorized under the Cosmos ecosystem, the Injective ecosystem, and the health category by CoinMarketCap.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is MediBloc?
- MediBloc (MED) is a cryptocurrency designed to create an economic ecosystem that encourages participation within its platform, focusing on health data management.
- How does MediBloc operate?
- MediBloc operates on a decentralized blockchain called ‘Panacea’, which is optimized for health data exchange and ensures that sensitive health data is not recorded directly on the blockchain.
- What are the technical characteristics of MediBloc?
- MediBloc is built on the ‘Panacea’ blockchain, which is designed to connect fragmented health data and provide a secure environment for managing health information.
- What are the risks associated with transferring MediBloc?
- Users should verify the contract address and network before transferring assets, as digital asset prices can be volatile and transfers may be irreversible.
- Where can I find official resources for MediBloc?
- Official resources for MediBloc can be found on their website at https://medibloc.com/ and their whitepaper is available at https://medibloc-homepage.oss-us-west-1.aliyuncs.com/whitepaper/medibloc_whitepaper_en.pdf.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
