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.
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.
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/