Category Archives: MedCredits

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MedCredits and Civic Partner in First Blockchain-powered Physician Registry

Decentralized health-care platform MedCredits has announced a strategic partnership with pioneering blockchain-powered physician registry, Civic. The Cayman Islands-based health care startup is looking to release the first ever decentralized public registry of physicians, to be released via a global network of health-care applications. Civic is well known in the  industry as a leading figure in blockchain ID verification provision.

Civic will bring it’s wealth of state-of-the-art ID verification and KYC (Know Your Customer) technology to the strategic partnership. The ID verification provider will also offer the collaboration some additional credibility to the concept of self-sovereign identity on the blockchain. This new development has been a deciding factor in MedCredits’ success in meeting their task of securing a trusted identity layer to physician credentialing.

MedCredits makes it possible the universal network of independent reviewers to confirm documents, in exchange for MedCredits’ native token (MEDX). MedCredits also consolidates physician credentialing into a single, public registry. MediCredits and Civic believe that their strategic partnership will decrease the costs and the issues that have so far plagued credentialing, and also create a global network of licensed physicians and health-care apps.

The Medcredits Team

MedCredits COO, Dr. Moshe Praver believers that the strategic partnership will have a considerably positive effect on the health industry as a whole. Praver thinks that Blockchain technology will become widely used in the field of Token-Curated Registries and that the project is a very early importunity for the token economy to create a decentralized registry of professionals. As Praver has stated, the aim of the MedCredits project is to be the foundational layer of any healthcare app that seeks a pool of doctors, through their first decentralized registry of licensed physicians.

Civic CEO and world renowned crypto pioneer Vinny Lingham recently stated his belief that the collaboration is a significant milestone for the Civic ecosystem.  Lingham noted Civic’s intention is to bring cheap, secure access to identity services across the healthcare field. Civic enables all registered physicians the guarantee of being the verified owners of all documents provided, and stops ID theft and forgery on the network.

About MedCredits

MedCredits is the first decentralized healthcare platform, working to connect patients and healthcare professionals for medical services on an international scale. free-market ecosystem can now be created by the MedCredits network via The Token-Curated Registry (TCR) of physicians. This then offers more affordable healthcare through decentralized apps. The first of such apps is ‘Hippocrates’, designed in late 2017 and uses MedCredits’ TCR to connect patients with dermatologists that can meet their needs.

About Civic

Civic is a pioneer of blockchain identity-verification technology, with software that allows

User the ability to authorize the use of their identities on platforms in real time. Their aim is to develop an ecosystem that offers constant, secure and affordable access to identity verification services via the blockchain. Civic’s native token can be used by participants to provide and receive identity-verification-related services.

Visit the Medcredits Website: https://medcredits.io/

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PR: MedCredits and Civic Partner in First Blockchain-powered Physician Registry

Bitcoin Press Release: MedCredits is excited to announce its partnership with Civic—the leading blockchain identity verification provider.

March 21, 2018, Grand Cayman, Cayman Islands – MedCredits is building the first decentralized public registry of physicians soon to be accessible by a global network of healthcare apps. Applying cutting-edge ID verification and KYC technology, Civic is making self-sovereign identity on the blockchain a reality. A partnership with Civic brings the trusted identity layer to MedCredits’ physician credentialing solution.

Dr. Moshe Praver, COO of MedCredits, describes the first-of-its-kind physician registry

Token-Curated Registries are the perfect use-case for blockchain technology. For the first time in history, the token economy allows the creation of decentralized registries of professionals. With the first decentralized registry of licensed physicians, we aim to be the base layer of any healthcare app that seeks a pool of doctors. The impact of this is enormous.”

Civic CEO Vinny Lingham echoed the value of a partnership with MedCredits stating,

“This collaboration marks a milestone for Civic’s ecosystem in providing secure and low-cost access to identity verification services in healthcare. With Civic, MedCredits can ensure that the physicians submitting credentialing documents in the MedCredits registry are the actual owners of the documents while simultaneously preventing identity theft on the network.”

MedCredits consolidates physician credentialing into a single, public registry whereby a global network of independent reviewers verify documents in exchange for MedCredits’ native token (MEDX).

A Civic and MedCredits partnership not only reduces the cost and inefficiencies of professional credentialing, but also creates a global shared pool of licensed physicians allowing healthcare apps to work in greater synergy.

About MedCredits

MedCredits is the first decentralized healthcare platform connecting patients and doctors worldwide for medical services. With its cutting edge Token-Curated Registry (TCR) of physicians, MedCredits creates a free-market ecosystem that provides more affordable and efficient healthcare than currently available. The first software release ‘Hippocrates’ is a user-friendly app released in December 2017 that uses MedCredits’ TCR to connect patients with skin ailments to dermatologists for fast diagnoses at a fraction of the cost.

About Civic

Civic is a visionary blockchain identity-verification technology that allows consumers to authorize the use of their identities in real time. They are spearheading the development of an ecosystem that is designed to facilitate on-demand, secure, and low-cost access to identity-verification services via the blockchain. Civic recently introduced a Civic token that participants in the ecosystem will use to provide and receive identity-verification-related services. The company sold $33 million of its tokens during its token sale event in June 2017. For more information, visit https://www.civic.com.

To learn more, visit the Website: https://medcredits.io
Chat with us on Telegram: https://t.me/medcredits
Overview of the MedCredits Ecosystem: https://medium.com/medcredits/
Read the full Whitepaper: https://medcredits.io/whitepaper
Meet the Team: https://www.linkedin.com/in/james-todaro-md-02745aa/

Media Contact
Contact Name: James Todaro, MD
Contact Email: contact@medcredits.io

MedCredits is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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