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A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

In the conventional medical industry, patients’ medical data (charts etc.) are created for each hospital, so it has been regarded as a problem that it is difficult to obtain complete medical information of a specific patient .

However, due to the emergence of block chain technology, the idea that medical data can be possessed and managed by the patient himself / herself rather than a medical institution was born.

EMI under implementation of ICO as of September, 2018 is also one of the projects which is developing and spreading ” database of electronic records managed by patients ” centered on Japan.

In the project, patients own data on their own medical data on the block chain, it is said that data can be exchanged with medical institutions, research institutions and pharmaceutical companies with low cost and risk.

Below we will explain the mechanism of the EMI project and specifications and roles of the tokens in detail, and compare them with competing and similar projects.

Introduction of EMI!

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

What kind of service does EMI provide for projects?

Here, we will introduce the goals and system features targeted by the project based on information posted on the EMI official website and white papers.

What are the three goals EMI is aiming for?

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

EMI is striving to realize the following three goals by applying block chain technology to the medical industry.

  1. Sharing safe and traceable medical data
  2. Integration of medical data with different forms
  3. Analysis of medical data using big data · AI

By introducing a token mechanism, the outline of the EMI project is that patients own their own medical data on the block chain and make it easy to share data with medical institutions, research institutions and pharmaceutical companies .

What is the merit of using EMI (Emi)?

There are many benefits ” to combine medical data generated by multiple medical institutions into one database “.

Because medical and research institutions such as hospitals can access patient data recorded by other organizations, the possibility of providing higher quality medical services will expand.

Furthermore, by unifying recording formats of data that varies depending on the country and region , doctors and researchers can refer to the necessary information more quickly .

Pharmaceutical companies and insurance companies can also use patient data that is well-organized to date to develop products and improve quality of their products.

A detailed explanation of the features of EMI!

So what exactly is the structure of the EMI platform and how to securely manage medical data?

Distinction between public chain and private chain

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

In EMI, ” medical data ” and ” access right to dataare stored in separate chains that divide access authority . The former is stored on the private chain, the latter on the public chain.

A public chain is a block chain network that anyone can browse and participate like Bitcoins and ethers.

On the other hand, in the private chain, only authorized users can browse and participate in the network.

EMI preserves the patient’s medical data on the private chain and who can view and write the data on the public chain .

By doing this, medical information related to patient’s privacy is basically accessible only to those who have authority to participate in the private chain (= patient himself) .

Patient’s ownership of data

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

EMI explained that specific medical data can only be accessed by authorized persons . So, who actually controls the authority?

It is the patients themselves who manage the access authority to the patient’s medical data. In EMI it is possible to give temporary access to medical data of yourself to doctors, research institutes, pharmaceutical companies, etc.

Specifically, it seems to start handling from basic data such as height / weight, visual / auditory sense, blood related, etc. obtained from medical examination etc.

In the EMI platform, the data on its private chain plays the role of so-called ” electronic medical record “, and the patient has the authority to show this data to a doctor or other medical institution .

What is an EMI token? Complete description of specifications and uses!

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

We will explain in detail the ” EMI token ” issued by the EMI platform.

Currency name EMI token / $ EMI
standard Essarium base · ERC 223
Main use Remuneration for data provision, settlement on platform
Issue number 600 million EMI
type Utility token

Incentive Mechanism

The most important role of the EMI token is to become an incentive (incentive) to move from the conventional medical information management system to the EMI platform .

Patients and medical institutions can receive EMI tokens every time they provide medical data to the EMI platform .

Doing so creates the benefit of updating accurate medical information on the platform for patients and medical institutions.

Token utility

EMI tokens are said to be available for transactions occurring within the platform, such as selling data to research institutions and pharmaceutical companies.

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

In addition, EMI has partnered with a medical service reservation service company in Japan called Est Corporation, and it is said that EMI tokens will be available for settlement using the company’s service ” ESTDoc ” in the future.

ESTDoc is a service that allows you to easily make an appointment with a medical institution of approximately 8000 in Japan from PC · smartphone.

Distribution of tokens

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

Of the 600 million tokens issued in total, 300 million pieces of half will be issued in ICO which will be held between August 27, 2018 and October 3, 2018.

Of the 300 million cards issued at ICO, 20% (60 million) is said to be reserved by EMI for price correction of the medical data after the start of service.

The remaining 300 million pieces are said to be distributed to patients and medical institutions that provided data as an incentive to participate in the platform, and the issue volume per period will gradually decrease with time.

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

ERC-223

The EMI token adopts the ERC – 223 standard highly compatible with the currently most popular ERC – 20 standard.

The ERC – 223 standard corrects a bug in which tokens are rarely left behind in the Smart Contract, and furthermore, the cost (gas) for network processing can be kept lower than the ERC – 20 standard .

Please refer to the following for detailed explanation about ERC standard.

What is ERC 223 that solved ERER 20 of Ethereum (Ethicalam)?
What is “ERC” by Ethereum (Etharium)? A thorough explanation of major standards!

EMI’s roadmap

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

In addition to the detailed plans for the last three years, EMI also has long-term targets up to 2025 on the roadmap.

2018 Q1 Issuance of EMI token
2018 Q4 Patient data can be shared among multiple medical institutions / Distribution of tokens to medical information providers / Establishment of overseas branch offices
2019 Q1 Start of data sale offering service / Release of data management application / Start of research on application of big data · AI
Q20 in 2020 Start selling goods to medical institutions
2021 Formulation of medical data format on EMI platform
2024 Started providing medical services using AI
2025 Creation of a common electronic chart in Japan

According to the road map released by EMI, it seems that the current ICO is over, medical data sharing service between patients and medical institutions , and incentive mechanism will start around the end of the year .

Studies on ” Analysis of medical information using Big Data · AI ” which is one of “three goals” of EMI are said to start in early 2019 .

In addition, release of mobile applications that patients and medical institutions can check their own data is expected to be scheduled within 2019 .

It seems that the project is also considering future realization such as sale of medical-related goods and provision of medical services using AI, so it will be important how the platform will develop and spread in the future.

Thoroughly compare competing and similar projects with EMI!

A thorough commentary on the features of EMI aiming for safe sharing and integration of medical data!

There are many electronic medical record projects applying block chains.

This time we will compare MedicalChain (MedicalChain) and Medibloc (MediBloc ) as EMI similar / competing projects.

Strength Base block chain market
EMI Clinical reservation service (EstDoc) Ethereum Japan
MedicalChain Online medical service Hyperledger England
Medibloc Application development with insurance application function etc Qtum Korea

All projects to be compared this time are to build an electronic medical record database on the block chain network using the incentive mechanism as with EMI.

However, these projects differ greatly in terms of application functions , base block chains , markets with advantages, and so on.

Differences in service and application

The EMI token issued by EMI can be used as a means of settlement in EstDoc, a medical reservation service of Est Corporation which is a partner company .

As stated in the above section, EstDoc is a service that can make appointments for medical treatment at about 8000 medical institutions, mainly dentists in Japan, and EMI, which is affiliated with the company, has strong ties with the Japanese market It can be said that there is.

On the other hand, MedicalChain is different in that it is promoting the service which can receive direct medical treatment online , not medical treatment reservation.

Medibloc’s services are said to have a function to automatically apply insurance, etc. It can be said that there are different advantages from EMI and MedicalChain.

Also, Medibloc has partnered with several university colleges in Korea, so it seems easy to develop services in the country.

Differences in the base block chain

EMI has adopted the block chain using the ERC-223 token standard of ethereum.

The project is expected to be able to secure both privacy and transparency by separately using the public chain and the private chain.

Meanwhile, MedicalChain adopts a block chain based on Hyperledger developed by the Linux Foundation.

In this block chain, there is a strength that you can set the access authority of data finely , and the user on MedicalChain can set up to “who, what data, how long” can see.

Medibloc uses a block chain based on Qtum that applied Bitcoin Core ($ BTCC) technology.

Because Qtum is highly compatible with other block chains including Ethernet, it has the advantage of being able to issue tokens easily to wallets for different tokens.

Summary

The EMI project seems to be a major advantage, in that it cooperates with EstDoc, and it generates tokens utilities from an early stage .

Also, since the service is widely deployed to Japan, it can be said that there is a big advantage in penetration in Japan, even compared with the similar project introduced this time.

Looking at the roadmap, you can see that it will take several years to fully enhance the service. We will focus attention on whether development will progress as planned, including start of major services at the end of the year.

Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/emi/

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