Melbourne, Australia, 22nd May 2024 – ECH, a pioneering decentralized healthcare platform, is set to transform the healthcare industry by enabling secure, fast, and transparent exchange and usage of medical data. By leveraging advanced blockchain technology, ECH offers a user-focused electronic health record (EHR) system that ensures data accuracy, security, and user control, marking a significant leap forward in patient-centric healthcare.
Revolutionizing Health Data Management
ECH utilizes Hyperledger Fabric, a permission-based blockchain architecture, to manage health records. This robust system allows users to control who views their records, the extent of access, and the duration, ensuring privacy and security. Each interaction with medical data is recorded on a distributed ledger, making it auditable and transparent.
Innovative Applications
ECH is developing two groundbreaking applications to enhance the platform’s functionality:
- Telemedicine Application: This application enables users to consult with doctors remotely via phone for a small fee. During consultations, doctors can access patients’ health records, facilitating more informed and effective care.
- Health Data Marketplace: This marketplace allows users to negotiate terms for third-party use of their health data, such as for medical research. Users are compensated in ECH tokens, empowering them to unlock the value of their data.
- Hyperledger Fabric: The Hyperledger blockchain network is permission-based, requiring users to sign up for access. Network permission is managed using Hyperledger modeling and access control languages. Hyperledger Fabric is a platform for distributed ledger solutions, featuring a modular architecture that offers high levels of confidentiality, resilience, flexibility, and scalability. Given the sensitive nature of medical information, both socially and legally, a closed blockchain like Hyperledger Fabric ensures the necessary privacy. It is particularly suited for managing access to health records due to its ability to handle multiple layers of permissions, allowing data owners to control which parts of their data can be accessed.
- ECH AI Healthcare Platform: ECH leverages blockchain technology, smart contracts, and its cryptocurrency, ECH, to create the infrastructure for digital health applications and services. These applications and services are seamlessly powered by users’ health data. The platform is open for anyone to develop on, aiming to foster a thriving ecosystem that provides value, reduces costs, and ultimately improves lives.
Addressing Critical Healthcare Challenges
ECH addresses several critical issues in the current healthcare system:
- Fragmented Health Services: By providing a unified, accurate version of health data, ECH overcomes the challenges of siloed and incompatible health records.
- Patient Empowerment: ECH gives patients control over their data, promoting a shift towards a more patient-centric healthcare model.
- Data Security: ECH enhances the security of medical data, protecting against breaches and ensuring data integrity.
- Transparency and Efficiency: ECH streamlines healthcare processes, reducing costs and increasing transparency in claims and data management.
Presale and Roadmap
ECH is launching a three-phase presale of NFTs, offering packages that provide medical benefits and trading opportunities. The presale begins on June 5, 2024, with listings on Pancakeswap scheduled for July 2, 2024, and major exchanges on July 15, 2024. Unsold tokens will be burned to maintain price stability.
The ECH roadmap outlines a strategic plan to integrate blockchain technology, smart contracts, and ECH cryptocurrency into the healthcare sector. Key milestones include product launch, phased presale, and continuous development to foster a dynamic digital health ecosystem.
Legal and Risk Considerations
ECH tokens do not qualify as securities and are non-refundable. Purchasers should be aware of the risks associated with acquiring ECH tokens and are advised to seek independent advice if needed.
About ECH
ECH is dedicated to revolutionizing the healthcare industry by providing a secure, transparent, and user-controlled platform for managing health data. By harnessing the power of blockchain technology, ECH aims to create a more efficient, patient-centric healthcare system that benefits all stakeholders.
For more information, visit: https://echproject.io/
Stay updated with the latest news and announcements by following ECH on:
Telegram Channel https://t.me/echaiannounce
Telegram Group https://t.me/echaiglobal
Twitter: https://twitter.com/EchAI_Official
Discord https://discord.gg/JN3q8DSQhQ
Media Contact
Organization: ECH
Contact Person: Mr. Danny
Website: https://echproject.io/
Email: Send Email
City: Melbourne
Country: Australia
Release Id: 22052412402