MedChain files for patent to secure medical records with blockchain tech

Tuesday August 20, 2019 0 comments Tags: Englewood, MedChain, Joachim Sandgaard

ENGLEWOOD -- MedChain, Inc., an early-stage company building globally compliant healthcare blockchain and decentralized applications (dApps) for electronic medical records (EMRs), announced it filed a Provisional Patent Application related to methods of securely storing patient medical records utilizing Blockchain technology.medchain-logo

"We're excited to have filed this patent application, an important step in protecting our unique, secure ePHI technology,” said Joachim Sandgaard, MedChain CEO.

“We are proud to be leading the charge utilizing Blockchain technology to solve a $6.2 billion per year problem."

MedChain uses blockchain technology to establish a more secure and transparent framework for Electronic Medical Records (EMR) that improves the quality of care for patients while reducing healthcare providers' costs.

This allows companies and individuals to build software and applications within a globally compliant framework facilitating secure storage and transparency.

Since 2017, MedChain said it has been giving patients control of their own health information and the ability to delegate access to providers like doctors and hospitals using a blockchain and distributed storage solution for EMR and electronic protected health information (ePHI).