Medicalchain
Crypto Overview
Overview
Medicalchain is a blockchain-based platform designed to securely store and share electronic health records. The MTN token is utilized within this ecosystem to facilitate transactions between patients, healthcare providers, and other stakeholders.
Purpose and Utility
The intended purpose of MTN is to serve as a utility token within the Medicalchain ecosystem, enabling: Access to medical records management system, Payment for telemedicine consultations, Incentivizing healthcare providers to participate in the network, Governance participation for platform decisions.
Business Model Evaluation
The business model appears to align with halal principles as it: Provides a legitimate service in healthcare record management, Maintains transparency in operations, Does not involve prohibited activities like interest-based lending or gambling, Creates real value through improved healthcare data management.
Real-World Adoption
Current adoption appears limited, though the project has established some partnerships with healthcare providers. The platform remains operational but with minimal recent development activity or significant updates to their ecosystem.
Development Activity
Development activity has significantly decreased since the project's launch. The last major update to the platform was reported in 2019, raising concerns about ongoing development commitment.
Token Distribution and Vesting
The token distribution includes allocations to team members and early investors, with standard vesting periods implemented. No unusual concentration of tokens has been observed in founder or team wallets.
Crypto Impact
To assign a comfort level investing in Medicalchain from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Medicalchain.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.