In 2010, American Regina Holliday took her husband who has kidney cancer to the hospital and asked the doctors to provide her husband’s medical records. Five days later, she still did not receive the medical record. On the sixth day, the man was transferred to another hospital. The doctor could not give him painkillers, because they did not know what medicine he had before. During the long lasting six hours, this man suffered severely. The woman had to return to the first hospital to laboriously obtain her husband’s medical records and get her husband treated properly.
From this case, we can see there exists plenty of problems in medical industry, such as data privately owned, data fraud, which caused a series of medical issues and made great inconvenience for patients, even people died because of some serious problems. Under this circumstance, Etheric Health was born.
On the topic of medical treatment, the patient complains that it is difficult and expensive to see a doctor. On the other side, doctors and nurses complain that their salary package is low. There are also problems concerning personal safety caused by the patient’s incomprehensibility. Both parties are suffering. For example, if the patient has difficulties seeing a doctor, and the medical cost is expensive for him, the doctor will arrange for comprehensive examinations and inquiries because of the individual’s physical condition. If the patient does not understand the previous treatment plan, he may be misdiagnosed. Even so, the patient may intentionally or unintentionally conceal the real condition. Even a small detail may cause misdiagnosis and irreversible damage to the patient. Or the patient does not follow the doctor’s advice after treatment, and his behavior cannot be collected after treatment, and it will also affect the next treatment.
And the origin of these contradictions comes from information asymmetry, doctors don’t know the information of patients, nor do patients know their treatment plans. However, Etheric Health provide the perfect and efficient solution by using blockchain technology.
Dolores Jordan, Chief Executive Officer of the ETHH, said that the medical and health industry is an important industry which related to the national economy and people’s livelihood. It is a topic that people talking about all the time. It is one of the largest application scenarios of blockchains; while the medical industry is a closed industry like a isolated island and strict adherence to their respective data and technologies. There is a huge problem that people and medical organizations in the world cannot share data across platforms securely.
The Etheric health chain (ETHH) makes full use of the decentralized consensus mechanism of blockchains and irrevocable features to encrypt and store private medical data. It not only helps patients store relevant information about health indicators, but it is transparent and irrevocable. It also protects the privacy of patients. The Etheric Health Chain (ETHH) also uses artificial intelligence and big data to analyze and provide tailored global medical data to meet the needs of users, creating a large medical health ecosystem with high-speed information flow and provides security for individuals and organizations with efficient data management platform. Based on blockchain and AI technology, through the connection of data, users can find objective, accurate and multi-dimensional global medical recommendations.
What is more worth looking forward to is that, in the field of medical drug supply chain, the advanced blockchain technology developed by ETHH can ensure the safe and rapid delivery of drugs to patients and simplify the drug supply chain process through the ETHH. The medical industry’s smart contract collaboration platform allows drug manufacturers to more accurately predict drug shortages and better conduct drug recalls. At the same time, according to the core retrospective characteristics of blockchain technology, if the drug transportation process is interrupted or the drug is missing, the data stored on the distributed ledger can provide parties with a method to quickly track and determine where the drug is ultimately going. Regardless of whether it is auditing and tracking drug inventories, the high transparency of the ETHH has solved the problem of proliferation of counterfeit medicines and soaring medical costs. It will effectively reverse the chaos in the pharmaceutical industry, break down traditional barriers, and combat counterfeit medicines. Optimizing the pharmaceutical supply chain as well as providing strong support.
The Etheric Health Chain (ETHH) comprehensively solves the problem of interconnecting and sharing of medical data and safe storage of patient information and uses trusted data exchange methods based on blockchain and smart contracts to achieve data sharing among all parties in the medical industry, using technical languages. Based on ensuring information security and data integrity, the data of each agency node can be opened, and at the same time, drug verification and traceability of drug sources are available. Each link in the medical supply chain is strictly controlled and the medical health is going to be perfectly and strictly rebuilt.
In the future, the Etheric Health Chain (ETHH) will continue to improve the platform technology, promote the platform’s update iteration, provide more breakthrough solutions for the sharing of medical data, and build a “safety protection, convenient sharing, honest drive, transparent consumption, and accounting The flexible and audited “medical health and ecological service system, protects the health of people all over the world!”
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