The MediBloc development takes place mainly in Seoul, South Korea. The majority of the team comes from South Korea. Founder Dr. Allen Wookyun Kho is responsible for business development. He studied dentistry and computer science, worked at Samsung Electronics and as a dentist. Co-founder Dr. Eunsol Lee is a software developer and physician, certified in the field of biomedical informatics. In MED development he works as a system architect. In addition, a team of software developers and consultants has been formed.
The MED crypto currency is dependent on partnerships. The first test runs of the MediBloc platform will soon be carried out at Kyung Hee University Dental Hospital.
MediBloc Coin – advantages and disadvantages for the Bitcoin code
In any case, there is a lot of potential in the Bitcoin code. World health is becoming an increasingly important issue and the MED network can help to make healthcare more effective. The team also looks extremely professional. At the same time, the implementation and dissemination of the MED blockchain could encounter difficulties. Hospitals must agree to use the network and be willing to hand over sovereignty over patient data. At the same time, there could be legal problems. In Germany, for example, people are very concerned about Bitcoin code data protection. The use of the network could be impossible due to our data protection regulations alone.
In addition, there are no great incentives to buy the MED Coin. The use of the crypto currency is limited to the MED network, whether it could also attract speculators has yet to be seen. It is conceivable that MED Coin will attract buyers if they want to buy services within the network. But to do this, companies must first be found that want to offer products or insurance on the Medi Bloc platform. It should also be noted that the MED crypto currency is still very young. It is therefore difficult to make an exact MediBloc forecast and the price does not yet provide much information.
MediBloc Coin Price – Development – Forecast
The MED Coin has only recently started trading on the stock markets. At the start, a single coin was still worth just over 20 cents. Since then, the MediBloc price has fallen steadily, to below 10 cents in the middle of the month. At the end of the month, the price was quoted at 6 cents per coin. This slide continued in February, with the price at 4 cents in the first few days of February. Meanwhile, it seems to have settled in at around 3 cents per coin.
Regarding the MediBloc forecast: So far, the share price has not developed particularly well. This could possibly be due to the bad time, the crypto markets were just sobering up when the MediBloc coin could be bought for the first time. MED Coin is still among the top hundred, it does not belong to the crypto currencies that are traded at less than 1 cent per MED coin. Nevertheless, it is possible that the price will fall again. In the same way, however, there is also upward potential and perhaps one only has to give the crypto currency a little more time. In any case, it is still a good time to buy the MediBloc at a low price.
Create a MediBloc Wallet
An own MediBloc Wallet does not exist yet. Instead the developers suggest to use the Qtum Core Wallet. You can download it from the Qtum website. There are variants for Windows, Mac and Linux, as well as a mobile wallet and one for the web browser. After installation, it can take up to 24 hours for the MED Wallet to synchronize with the Internet.