Achain ACT to Medicalchain MTN Exchange

Crypto Pair Details: ACT to MTN

Achain ACT

Achain is a public blockchain platform that enables developers of all levels to issue tokens and create smart contracts, decentralized applications, and blockchain systems. Achain is committed to building a global blockchain network for information exchange and value transactions. Unlike Bitcoin or Ethereum, Achain utilizes a modified version of DPoS — RDPoS (Result-delegated Proof of Stake) to establish node consensus. Shortly, DPoS suggests that all coin holders vote for the validator nodes that will produce the next blocks. On the project website, only info about CEO Tony Cui is listed. Cui has a few significant accomplishments, including winning the Future Star award from the Zhongguancun Alliance and being listed in the 30 under 30 on CYZONE, a famous venture capital magazine. On LinkedIn, 51 people are listed as employees at Achain. Most of the team is based in Beijing. Achain also has a few key industry partners. It has even co-organized a “Blockchain Technology Open Course” with Tsinghua University, which is widely recognized as one of the world’s top universities. The roadmap for Achain development is fairly detailed. However, most goals listed are development-oriented rather than marketing or design. Still, it’s important to note that focusing on making the protocol interoperable and building a technology that is more accessible to mainstream adoption could also be considered a marketing-oriented part of this project. There are three major phases with projected completion dates listed. These include Singularity (completed Q1), Galaxy (ongoing), and Cosmos (complete at the end of Q4). One thing to note is that dates for these phases are not consistent between the homepage and the whitepaper. This could be simply due to a scenario in which phase names remain the same while new goals and timeline dates within those phases continue to change. In January 2019, the project will update the website to reflect roadmap goals for the new year. Looking at the current landscape of blockchain projects, Achain certainly offers the possibility of much-needed technical innovations. The ability to easily create an Achain fork, as well as, the protocol’s unique RDPoS consensus algorithm make this a promising project. It will be interesting to see how Achain builds upon its accomplishments, and how the project team continues to develop a long-term strategy for improving the protocol’s technical capabilities and increasing participation in its ecosystem.

Medicalchain MTN

Medicalchain uses blockchain technology to securely store health records and maintain a single version of the truth. The different organizations such as doctors, hospitals, laboratories, pharmacists and health insurers can request permission to access a patient’s record to serve their purpose and record transactions on the distributed ledger. Medicalchain provides solutions to today’s health record problems. The platform is built to securely store and share electronic health records. By digitizing health records and empowering users we can leverage countless industry synergies. Medicalchain is building a platform for secure storage and utilization of electronic health records on the blockchain. The company is also building a telemedicine platform to allow users to directly connect with healthcare professionals, share their records and get consultations, second opinions, online through a secure channel.The company was originally founded in February 2016 to provide a software solution inside hospitals. The solution is known as ‘Discharge Summary’ and it uses a workflow tool to accurately write an assessment of a patient as they are being discharged from surgery or a long hospital visit. The software is currently being used by hospitals in UK and the team decided to extend this project and go further with Medicalchain. Medicalchain wants people to have access to their health records everywhere. Today, you can travel far and wide and you will have access to your phone, contacts, photos, files, bank accounts but not your health records - probably the most important and life saving information you need. In most developed countries around the world you, as a patient, have a legal right to request your records. Medicalchain is providing you with a platform to do that. But more importantly, Medicalchain wants its users to be able to use it immediately by communicating and sharing (on a time limited basis) with other doctors. The bigger vision is to allow pharmaceutical, insurance and other healthcare organisations and stakeholders to be able to interact with health records on patients' terms. Medicalchain believes that health records should be a part of everyone’s life and not just referred to when someone is ill.

SOURCE: COINGECKO

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