Medibloc Information

Medibloc aims to revolutionize the healthcare industry by providing a decentralized platform for managing medical data, enabling patients to control their own health information securely. Its unique approach leverages blockchain technology to enhance data sharing among healthcare providers while maintaining patient privacy. By fostering a more transparent and efficient healthcare ecosystem, Medibloc seeks to empower individuals and improve overall health outcomes.

Medibloc

$0.01

Title : Medibloc
Symbol : med
Current Price $ : 0.01309607 $
High 24h : 0.0142437 $
Low 24h : 0.01245752 $
Price Change 24h : 0.00063855 $
Price Change % 24h : 5.12585 %
Market Cap : 124965427
Whitepaper : https://medibloc.org/whitepaper/medibloc_whitepaper_en.pdf
Website : https://medibloc.com/
Total Volume : 47300701
Market Cap Change 24h : 7159791
Market Cap Change % 24h : 6.07763 %
Return on Investment (ROI) : -34.51963121772 %
Circulating Supply : 9543626701
Total Supply : 10337069612
Last Updated : 2024-11-27 23:59
All Time High (ATH) : 0.351852
ATH Change % : -96.28025 %
ATH Date : 2021-04-02 04:29
All Time Low (ATL) : 0.00161437
ATL Change % : 710.7189 %
ATL Date : 2020-03-13 02:20

more information

Understanding Medibloc: A Deep Dive

Medibloc is a blockchain-based healthcare platform designed to empower patients by allowing them to control and share their medical data securely. With its native token, MED, Medibloc aims to create a decentralized ecosystem where various stakeholders, including healthcare providers and researchers, can interact and use health data more efficiently. This innovative approach addresses some of the significant issues in the healthcare industry, such as data silos and the lack of patient control over personal health information.

Historical Performance of Medibloc

Since its inception, Medibloc has experienced fluctuating fortunes in the cryptocurrency market. The coin reached its all-time high (ATH) of approximately $0.351852 on April 2, 2021. This peak reflected the growing interest in health-related blockchain applications amid the COVID-19 pandemic and a broader boom in the cryptocurrency market. However, since then, MED has faced a steep decline, currently priced around $0.0123, marking a significant drop of over 96% from its ATH. The transitional period has been challenging, but it also reveals potential for recovery as the health sector increasingly adopts blockchain technologies.

Advantages of Medibloc

One of the primary advantages of Medibloc is its focus on the healthcare sector, which is ripe for innovation. By leveraging blockchain technology, Medibloc promotes data security and empowers patients to have greater control over their health records. Additionally, the platform’s model facilitates seamless interoperability between various healthcare systems, potentially improving outcomes and efficiency. Moreover, as the global populations become more health-conscious and the demand for effective data management increases, Medibloc could benefit from rising interest in their solutions.

Challenges and Disadvantages

Despite its promising vision, Medibloc faces significant challenges. The healthcare industry is notoriously slow to adopt new technologies, often due to regulatory hurdles and the need for extensive validation. Moreover, the competitive landscape is intensifying, with numerous projects vying for attention and blockchain solutions in healthcare. Furthermore, market volatility poses risks to investors and the long-term sustainability of the project. With an ROI of -38.28%, potential investors may approach the coin with caution.

Future Outlook for Medibloc

Looking ahead, the future of Medibloc hinges on several factors, including technological advancements and regulatory developments. As the acceptance of blockchain in healthcare grows and more successful use cases arise, Medibloc could see a resurgence in interest and value. However, the project must continue to innovate and build strategic partnerships within the medical community to remain competitive. The recent uptick in price (8.06% increase in the last 24 hours) suggests that some market participants may be starting to recognize the coin's potential. Investors should closely monitor developments within the project and the broader market trends to assess the viability of Medibloc in the coming years.

Conclusion

In summary, Medibloc presents an intriguing opportunity within the cryptocurrency landscape, particularly for those interested in healthcare applications. Its unique value proposition, combined with historical performance and market dynamics, offers a nuanced perspective for potential investors. While there are significant challenges to navigate, especially around regulatory acceptance and technological integration, the groundwork for a promising future may very well be taking shape. As always, cautious investment strategies are essential, keeping in mind the volatile nature of cryptocurrencies.

General Information
from price $0
Title Medibloc
Symbol med
Whitepaper https://medibloc.org/whitepaper/medibloc_whitepaper_en.pdf
Website https://medibloc.com/
Community -
Last Updated 2024-11-27 23:59

Price Data
Current Price $ 0.01309607 $
High 24h 0.0142437 $
Low 24h 0.01245752 $
Price Change 24h 0.00063855 $
Price Change % 24h 5.12585 %

Market Data
Market Cap 124965427
Total Volume 47300701
Market Cap Change 24h 7159791
Market Cap Change % 24h 6.07763 %
Return on Investment (ROI) -34.51963121772 %

Supply and Availability
Circulating Supply 9543626701
Total Supply 10337069612
Max Supply -

Historical Data
All Time High (ATH) 0.351852
ATH Change % -96.28025 %
ATH Date 2021-04-02 04:29
All Time Low (ATL) 0.00161437
ATL Change % 710.7189 %
ATL Date 2020-03-13 02:20