Healthcare industry is constantly growing in value and complexity. But unlike other major industries, IT is yet to fully disrupt healthcare.
Decentralized ledger technology enables traceability, data immutability and creation of secure methods for privacy protection, thus representing a perfect fit for healthcare.
For healthcare to work efficiently, patients, clinics, doctors and other healthcare professionals need to be better connected to each other.
After closely examining the possibilities for global and client use of blockchain technology in healthcare, with actual state of the art of technology in mind, we came up with Medicohealth decentralized application.
Easy access to the best doctors for a specific treatment and personal medical data – locally and worldwide.
Knowledge and information exchange between doctors, clinics, insurances and third parties ensure correct treatment.
Made to Improve
That means shorter waiting lists, less expensive health insurance and much more personalized health care.
Medicohealth already received an angel investment, therefore token buyers are contributing to a project that already went through the scrutiny of due diligence made by private investors.
Missing whitepaper? Let us know.
Rated on Jul 21, 2018
Modified on Jul 21, 2018
Though the team is numerous and has a vast industry experience there is not so much blockchain, IT and fundraising experience. This is one more telemedicine project but no competitive analysis available. Not clear if they understand well how to conduct ICO and make business development on blockchain. Also the WP lacks financial info, and literally no business planning numbers
Rated on Aug 3, 2018
This is another medical project on the blockchain to solve a big problem. Yes, there are many such projects, but that shows the extent of the problem and why everyone is trying to solve it. The addressable market is huge, and only the issue of confidentiality and the fact that it is a "sacred cow" prevents true adoption. This will be a project worth observing.
Rated on Dec 3, 2018
A very strong team has been assembled to execute this project.
Idea is similar to Google Health where users input their health records so that they can be shared with relevant medical agencies. However, Google decided to "kill" this project.
As such, the team needs to address the potential of its market size and why blockchain technology can position this project differently.
And here's your competition: https://www.cnbc.com/2018/11/13/deepmind-health-move-to-google-concerns-health-privacy-advocates.html
All the best!
Rated on Oct 10, 2018
The idea is really good though it is not unique. Team and advisors looks like they can deliver the project. The whitepaper and roadmap is really up to the mark. Team need to make sure more health professional join them and use there system. Best of luck team.
Rated on Feb 25, 2019
Modified on Feb 25, 2019
First of all the team is solid and has a good number. Whilst it is a nice idea, it is an area which has been done before, although this is not necessarily a bad thing as it shows there is a gap there. The white paper could do with some more information
Rated on Mar 25, 2019
While blockchains are attracting attention for their integration with various fields, development is concentrated on match-ups with medical care. And development is desired from now on.
This project aims to integrate blockchain and medical care. Team members are well-balanced and have a clear vision. They have an advantage in technology and have already received angel investment. This will be a big flag for investors.
Rated on Aug 27, 2019
Very strong team. I think the solution proposed by Medicohealth could be interesting, yet very local. I can't imagine how this could work globally, in a world with many barriers in the health world, from pharma, to treatments and cultural barriers.
Yet, I wish the team the best luck!
Rated on Jul 23, 2018
Recently many similar projects came but no-one had solid success rate yet! I believe Medicohealth team is solid but vision/product has nothing to do with Blockchain. This can be easily implemented and there are such solutions already available in traditional implementation. No Decentralisation require to implement such concept! I understand they may need fund to take business to the next level but I hardly see any ROI!
Rated on Jan 30, 2019
→ Blockchain Advantage - ✅
→ White Paper - ✅
→ Team Composition - ✅
→ Token Economics - ⛔️
→ Business Model - ✅
→ Social Media Presence - ✅
→ Collaborations & partnerships - ✅
→ Fund Allocation - ⛔️
→ Legal Loopholes - ⛔️
→ MVP/ DApp/ Working Product - ✅
Advantage - Huge and illustrious team, a bit weak in blockchain capabilities though. Good social media presence and strong partnership, both of which points towards a commitment for serious business. A straight up utility token with multiple use cases planned.
Disadvantage - The business model is unclear along the benefit of token holders (Tokenomics need to be worked upon). 50% fund allocation is a lot for R&D but probably needed for this project due to its large scope. Clarifications? Also, crypto isn't legal in various jurisdictions so probably need an alternative mode of payment as well to expand - Legal issues.
Recommendation - A strong use case and a clear tokenomics, mentioning benefits for early investors is pretty essential as early discounts couldn’t make users hold the tokens upon exchange listing. Also, selling 65% tokens is quite high since this project would probably need additional funds before break even point.
You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8
Rated on Aug 15, 2018
Vision is not unique as I have seen a number of this ICO but it is still interesting to me as you have established a strong team with diversified experiences covering most of areas an ICO project of this type needs. Good point.
The concept as mentioned is not unique but the WP and plan looks feasible so I personally think it can be a great success if you strictly follow with the plan.
MVP is a great point and I love it very much which is easy to follow and users friendly as well.
Rated on Feb 27, 2019
I think that this project is a very powerful project in recent projects.
Team member achievements are reliable.
It can be said that the compatibility between their products and block chains is also very good.
Rated on Jun 2, 2019
I really like the visionary idea of this project. I am impressed by the team as it's quite clear they have the necessary experience to pull, push and drive this project.
Patient-Doctor confidentiality is one of the key points where blockchain technology can assist in so many ways. Applicability to an endorsement system for the medical staff, would be fabulous. Of course, a lot of services can be developed, on top of this platform, from which everyone can benefit.
The whitepaper is focused on the current world medical market and provides a lot of data with regards to problems and solutions.
My advice is to prepare and vet a good token economics model where the sustainability of the project can be thoroughly explained. The vision is good, but you will need funding in place to execute the project; this comes at the price of dealing with the right contributors, so do prepare all the necessary documentation.
Wish you best of luck.
Rated on Mar 25, 2019
Modified on Mar 25, 2019
When we go to the hospital, we can not choose a doctor.
Patients don't know the information about the doctor well, and the patient commits the life to "the unknown person".
Following the philosophy of this project, patients have access to more reliable doctors.
I'm very happy that blockchain technology is used for such critical solutions.
Rated on Mar 10, 2019
This is an interesting project. i am happy to see that there are still projects that are focusing on the anonymity and the security of the medical information. the team looks solid and the expected value looks reasonable. Ceratianly one of the projects that i will keep looking
Rated on Jul 17, 2020
Modified on Oct 9, 2020
→ Blockchain Advantage - Good
→ White Paper - Fair
→ Team Composition - Needs Improvement
→ Tokenomics - Needs Improvement
→ Business Model - Fair
→ Social Media Presence - Needs Improvement
→ Collaborations & partnerships - Good
→ Fund Allocation - Good
→ Legal Loopholes - Fair
→ MVP/ DApp/ Working Product - Fair
This is a very timely project and could redistribute both knowledge and health in a more proficient way. An expansion could be made to have a research and marketing arm to fast-track growth, Getting someone experienced with launching an ICO and post-launch could ascertain success of this project.
Rated on Jan 31, 2019
The vision of the project is very interesting and certainly there is no such service on the market that works well and is always available to people. Such a platform, exploiting Blockchain technology, can be very prolific in the future, but also very useful.
The team is very large and has representatives in all areas where it is concentrating, except in Blockchain. After a careful analysis of all the aspects, one can easily notice the lack of expert blockchain developers, but also of other figures that always concern the blockchain.
Even the whitepaper is very well written and presents various aspects of the current medical situation in the world, market, problems and solutions, but at the same time does not present any tokenomics or business plan, analysis of the market in which it is landing etc, as well as 'is not even a "reserve fund" in the distribution of the token, but 65% of the total supply, for sale, which might be dangerous for the project.
There are also many uncertainties in the roadmap, as well as considerable delays, with such a large team and such numerous partners you should travel at much higher speeds.
I will follow your progress and I will be ready to reevaluate my review as soon as I see that you have taken the right path in the blockchain world.
Rated on Feb 25, 2019
This is the industry where I think blockchain can be useful and will provide some comprehensive results. The team has done a great job on the website and whitepaper.
However I think the vision can limit to very specific region unless worked on. So please be sure it reaches across the globe. I wish this project to get success and it will get success as per current team’s efforts.
Rated on Jul 21, 2018
Given that data is the key for medical care, this would be great potential also give they also already have a database of doctors.
Both the team and advisors are consider top notch to me
However there already exist similar or near to similar solutions out there, so the key differing factor would lie on the team executing the business plan.
Also to note the concern on different medical regulations on different countries and things about insurance medical claims
for example could insurance companies have access to client data and use the data against their claims.
Core tech already in betatest, but beta version of product is not avil for public test so i cant really review this.
Rated on Jan 26, 2019
Modified on Jan 26, 2019
Medicohealth have very strong team in healthcare sector but the idea is not something new. Through my experience in healthcare startup, this is something that quite hard to be executed due regulation and the player in the industry. It also may no required blockchain to resolve the issue other than actually using blockchain token for crowdfunding the project.
However indeed healthcare is very potential interesting sector in blockchain industry.
Rated on Oct 15, 2018
Great idea and a solid team working on this project. Gaining traction and acquiring stakeholders will be tough, as will ensuring gdpr compliance, but if they are able to accomplish these things it could be a huge success.
Rated on Jun 4, 2019
The team seems to be very experienced and has a good track record. Good to see that two team members has passed their KYC. Healthcare is an industry that has a lot of potential for blockchain technology.
Rated on Mar 25, 2019
MedicoHealth seems to be one of the more highly anticipated ICO's of 2019. Although their team does not have much experience in the blockchain space or IT, the vision set in place (amongst others) can truly be beneficial to the medical ecosystem. Patient-client confidentiality is key to building trust within parties- blockchain technology can assist with this on so many ways. On top of that, validity of physicians and doctors on the blockchain can be extremely beneficial in so many ways, which enables them to eliminate any bad actors. Looking forward to seeing how the team proceeds in the following quarters.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
TeamApply as an advisor
Henri Michael Von Blanquet
Ulrich Von Prittwitz
Human Ressource Development Advisor
IT Development Advisor
Hans Hermann Dirksen
Advisor for European Affairs
CEO & Co-Founder
Chief Information Officer
Dr. Rolf Porsche
Chief Visionary Officer
Chief Technology Officer
Head of Blockchain Development
Chief Marketing Officer
Chief Financial Officer
Medical Advisor & Senior Blockchain Strategist
PR & PA
Lead Graphic Designer
Senior Content Creator
Social Community Manager
Healthcare Business Development
Key Account Manager Foreign Countries
Digital Marketing Strategist
Representative South and Latin America
Head of Legal Department
Consultant of the Management Board
Chief Digital Health Officer
Day 1 of ICO: 10%
Day 2 to 4 of ICO: 7%
Day 4 to 10 of ICO: 5%
Day 10 to 30 of ICO: 3%
Identifying the information exchange trust and security issues in healthcare.
Working on theories of combining information exchange with blockchain.
Acquiring seed capital of 500K from founders.
Technology and healthcare research.
Building partnerships with medical institutions.
Beta testing of the core technologies.
Identifying stakeholders in the industry.
Testing Beta Version (not public).
Selecting the core team.
Developing the “go to market strategy”.
Establishing referral network.
Assessing technology readiness for scaled blockchain.
Private Pre-sale (Limited Round).
Final testing and selection of possible usable blockchain protocols and technologies.
Developing Proof of Concept with selected encryption features and local storage.
Implementation and testing of decentralized storage and key exchange.
Scalability tests with selected partners and in selected countries.
Beta release of mobile app for users and doctors.
Expansion and level 2 scalability testing.
Decentralized storage implementation.
Extended testing of core functions and security.
Payment module with tokens.
Physician Identity Module.
Release of mobile App for secured communication.
Opening of the platform for third party developers.
Full Platform functionality.
Expansion to RUS and GUS.
Expansion to US market and Latin America Establishing new partnerships with national and international health insurance companies - private and public ones.
Establishing partnerships with hospitals using our Platform.
Expanding to Middle East.
Expanding to Africa.
Establishing cooperation with Universities
Establishing cooperations with Clinical research and trials.
Expanding to China.
Further Asia expansion.