By Guest Author – Marequitta
According to the IDC (International Data Corporation) the global medical data volume will reach 40 trillion GB by 2020, which is approximately 30 times the size of what was accumulated back in 2010. This then postulates the idea of whether or not this data size, that increases exponentially and continuously, could be monetized and used as a blockchain. The Singapore-based AIDOC (AI Doctor in English) did not wait to find the answer and instead developed an open source international AI smart medical application platform which could someday be as valuable as Bitcoin is today.
Why will the AIDOC Work?
By definition a blockchain is an ever-growing list of records (of any kind which in this case will be medical records) that are termed as “blocks,” where each block is linked to one another infinitely and through the use of cryptography the whole system is secured. The medical records list per hospital per country is immensely large, which can then be utilized in the same manner as any other blockchain that is currently being used today as a trading tool. AIDOC tokens could then be acquired by any number of means set by the developers and could also be used to supplant hospital bills and/or other expenditures that are even non-medical related at all!
What are the Core Values of this Platform?
The core values of this medical blockchain are the AI super doctor AIDOC itself and it being the first of its kind endogenous token system that mines tokens using vital signs data. According to the developers of the AIDOC the AI module will create a digital profile of each user that register themselves into the system; the system will then collect all of the user’s medical data, update it frequently, and then recommend a targeted treatment and/or lifestyle adjustments to improve their health.
Registered users can obtain AIDOC tokens through these means:
- Ethereum ETH as a replacement channel
- Token exchange AIDOC trading intermediary services
- Digging or mining methods via cryptographic means
The users who “dig” the AIDOC tokens will automatically have their tokens saved in their AIDOC personal accounts which are also protected by data encryption.
Who will Benefit from the AIDOC?
Basically, anyone who wants to dig and use AIDOC tokens will benefit from it. It will essentially have the same privileges that other blockchains enjoy currently and may even have a higher value than current cryptocurrencies have now. This is because the medical data volume has the capacity to increase to near insurmountable amounts very quickly as patient/user medical data is constantly being monitored and updated in real time.
AIDOC Sponsors and Supporters
Fortunately, AIDOC has plenty of sponsors, investors and supporters ranging from big Chinese-based foundations like MEDP.AI., to senior scientists from Baidu and Microsoft, to investors like New Vision Capital, Link Capital, Redpoint Ventures, top universities and other organizations. The predicted success of the AIDOC blockchain is already off the charts and it will probably have a very high success rate once it hits circulation. Blockchain technologies and decentralized digital currencies are on the rise and have become unstoppable and valuable economic tools for the masses and they are here to stay for probably a long long time. It may even lay the foundation for a future cashless society as most experts predict.