Project Overview
The demand for high quality health care experiences grows rapidly by
day and such demand for Health care and insurance has now reached a
multi-institutional, interregional and even global level. In such a
diversified global health care system, medical data management is
facing significant challenges, especially in relation to the storage,
management and sharing of personal medical data. The blockchain
technology with its decentralized data storing, immune from
unauthorized amendments and complete trust nature can build an
efficient platform for the storage, management and sharing of sensitive
medical data.
XMED Chain (XMC) is the world first application system that utilizes the
blockchain technology, artificial intelligence (AI) and big data analytical
power. Users or patients can upload and manage their personal medical
records through XMC, which would allow them to have ownership of
their own personal data that cannot be edited by other parties without
the owner’s authorization. XMC utilizes the characteristics of
blockchain, such as decentralized consensus, “trustless”, and
immutable, to encrypt and store personal medical data. XMC also
utilizes AI and big data to analyze and provide personalised information
of the global medical services that meets the need of the users, which
will provide a safe and efficient data management platform for
individual and institutional users.
XMC will be an important milestone in
the integration of a borderless health care system to achieve medical
globalization.
What is XMED Chain（XMC）？
Application System Based on Blockchain, AI & Big Data Technologies
XMED Chain (XMC) is the world first medical data application system
based on the blockchain, AI and big data analysis technologies (Figure
1). Users can upload medical records through XMC applications. XMC
then converts such medical data into smart contracts and stores them in
blockchains. Medical data that are converted into smart contracts can
be efficiently applied to a variety of health care related scenarios,
improving the efficiency and quality of medical services, insurance
services and researches offered by institutions.
XMC will be using easy-to-access mobile and PC applications for users
to upload medical records. The records will then be validated and
encrypted with blockchain technology. The anonymous data will be
analyzed by the AI and big data analytical system. Through intellectual
analysis and evaluation, accurate consultation results can be generated
for individual or institutional users with higher efficiency and quality.
With data aggregation and analysis, XMC’s medical data can be used in
a variety of scenarios. User can sfely store and manage their medical
data with their authorization. The medical records can be used in a
number of services by institutional users, including online consultation,
medical appointment, offer information on insurance products and
other value-added services. Encrypted data can also be securely shared
among institutions. XMC aims to facilitate the standardization of
medical data processing and implement a system where information
can be exchanged transparently in a secured manner, ultimately
forming a globalized medical data system based on users’ needs.
Advantage of using XMC
XMC is the first blockchain project aiming to promote global health
care integration. Through the use of blockchain technology, XMC can
provide a secured, reliable and speedy data exchange. XMC effectively
solves issues in the medical industry which was discussed in Chapter 2
above.
1）XMC is the first blockchain project to integrate and globalise
medical service through applying blockchain, AI and big data
technologies. The decentralized feature of the blockchain technology
allows the instantaneous distribution of information. The AI and big
data technologies provides accurate analysis to generate global medical
solutions to users. XMC speeds up data sharing among institutions and
provides the foundation for global medical service integration.
2）Safe and reliable medical data circulation
The XMC system greatly improves data security. The encrypted nature
of the blockchain technology ensure the safe circulation of medical
data. Patients can provide encrypted medical records to institutions and
authorize data circulation among agencies with confidence.
3）Efficient data sharing among users
After obtaining user authorization, institutional users can share data
efficiently and instantly within and between institutions by accessing
the API of the XMC system. This feature will solve the cumbersome data
transfers in the past, enabling seamless transfer between institutions.
XMC shortens the trading cycle of medical institutions with their
upstream suppliers and accelerates the reimbursement process
involving medical institutions and insurance companies.
4）Utilization of global medical services
Individual users can obtain global information on medical services from
XMC’s analysis. Medical big data can solve the problem of information
asymmetry and provide patients with transparent medical information,including medical service information, treatment programs, satisfaction
rating and other relevant information helping patients to select the best
global medical program that meets their medical needs.
5）Build a health chain that everyone benefits from
XMC is an application with a wide range of users. Every individual or
institutional user that provides and shares medical data can receive
XMC Token as a reward for the contribution to the medical ecosystem.
Individual users can upload medical records and save encrypted data on
XMC, making it a digital asset. Under smart contract agreement,
institutions use XMC system API to efficiently manage medical data to
improve the overall quality of medical services and provide patients
with more value-added services.
Node management and API deployment
The XMC’s system manages the number of nodes in the hybrid chain
as well as the reading permissions with consensus mechanism. The
design of the XMC ’s private chain is to provide privacy while
providing good accessibility.
Through the implication of agreed smart contract on the XMC virtual
machine (XVM), information exchange between institutions can easily
be done. This API for smart contracts allows institutional users to
perform data “transactions” and “transaction result queries”. Institutions
can jointly safeguard the interests of users through API mutual
supervision. Under the mechanism, medical data is securely shared, the
price and other information in medical, insurance and manufacturer
services will become transparent, which maintains a healthy ecosystem
of medical big data.
XMC’s system usage for individual users
The XMC’s system utilizes blockchain, AI and big data technologies to
provide users with a multi-functional, secured and user-friendly
application. Through the application of smart contract, users can submit
their medical records or other medical data to XMC. The XMC’s system
analyzes the data and generates optimal medical service options for
such user and provides a platform of information for patients to locate
a safe one-stop health care consultation.
After the registration, individual users have direct access to quality
health care information through big data analysis provided by the
platform. XMC can also improve accuracy of analysis by AI analysis of
user data.
Figure 6. XMC’s system usage for individual user
Identification and translation of medical records
After verification of the medical record, the AI system identifies and
converts contents into text format.
For each piece of medical data, the AI will identify the contents.
Interactive data will be generated with the recognized results. In order
to obtain more reliable results, the consensus mechanism of blockchain
technology is used so that each node (peer) can perform secondary
identification on the interactive data. Finally, the system will convert the
data into text format. Text content can also be translated to user’s
default system language and data will be stored in a decentralized
manner. Users can enter their own authentication information (public
key / private key) in the XMC application to view personal records.
Blockchain technology architecture
A typical block chain technology architecture, as shown in Figure 14,
based on the analysis of the existing blockchain system of technical
solutions and needs.
Figure 13. Block chain technology architecture
Core technology components
The core technology components include the basic components,
protocols and algorithms on which the block chain system relies. These
are further subdivided into four layers of communications, storage,
security mechanism and consensus mechanism.
A, communication: blockchain is usually using P2P technology to
organize the various network nodes, each node communicates with
each other through the multicast routing..
B, storage: During operation period, blockchain data is stored in
memory as blockchain data structures and will ultimately will be stored
in the database as persistent storage. For larger files, it can also be
stored in the file system outside the chain, while the summary (digital
fingerprint) can be saved to the chain for self-certification.
C, security mechanism: through a variety of cryptographic principles
for data encryption and privacy protection to ensure the security
mechanism of the blockchain system. For the public chain or other
blockchain systems involving financial applications, high-strength and
reliable security algorithms are the basic requirements to achieve
national level secrecy and to achieve certain advantages in efficiency.
D, consensus mechanism: strategies and methods for achieving
agreement among nodes in a blockchain system should be flexibly
selected according to different types of systems and application
scenarios.
XMC Token mechanism
XMC Token is issued by initial coin offering (ICO) with an upper limit
set, which accounts for 31.4% of the total tokens generated. For more
information, see Chapter below. XMC Token total supply will be set as:
700,000,000 XMC Tokens. 31.4% tokens will be used in ICO public sale.
The price is 0.1 USD Dollar for 1 XMC Token. The tokens which are not
sold in ICO will be automatically destroyed.
XMC Token sale Structure
• Hard Cap: USD 22M
• XMC Tokens will be allocated to early purchasers
Private Seed
• $5M (Invite Only)
Private Pre-sale
• $10M （Invite Only）
Please Advise XMC Team of the private presale bonus Structure
Public Pre-sale
• $4M, 15% Bonus
• 50% Principle lockup for 3 months
• Bonus Lockup for 3 months
• Individual 15ETH – 50ETH
Crowd-sale
• $3M
• Individual maximum $ 10K
• No lock up
XMC Token Details
• The XMC Token sale will have a hard cap of USD 22M
• Based on the ETH smart contract
• The exchange rate between XMC Token and ETH based on the
exchange rate as issued by coinmarketcap.com on 8am Hong Kong
time of the day, your amounts of XMC Token will be confirmed by email
notifications.
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