Join our mission to save lives!

We are providing the tools urgently needed to end the prescription opioid crisis in the USA and around the world.

BlockMedx is building a secure e-prescribing platform for physicians to prescribe, pharmacists to fill, and patients to manage prescriptions.

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Token Sale Launch: Summer 2018

Pre-sale: Spring 2018

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Introducing BlockMedx

BlockMedx intends to be the world’s first completely secure, HIPAA-compliant, end-to-end solution for transmitting DEA Controlled Drug prescriptions such as prescription opioid pain relievers and others, from physicians to pharmacies using blockchain technology.

Accessible worldwide, even in developing countries with limited infrastructure.

Our Mission

BlockMedx is on a mission for social impact. The opioid crisis has ruined millions of lives and cost thousands more.

Prevention through a network redesign and advanced analytics allows for early intervention when it matters the most.

BlockMedx intends to evolve into a fully functional, trustless, and secure prescription platform that transmits and analyzes all types and classes of drugs.

The problem

$75B
Annual Cost
65,000
Deaths
Antiquated prescription
Antiquated prescription systems
Easily altered
Easily altered prescriptions

Progression of opioid crisis 1999-2015

Crisis progression map

Opioid overdoses increased by roughly 30% across the US in just 14 months between 2016 and 2017, according to a new report by the US Centers for Disease Control and Prevention (CDC).

How it works

The Patient visits the doctor where they can pay their co-pay in MDX or $$.

They can also see their medical history and prescriptions on the BlockMedx mobile app.

The Doctor e-prescribes a medication for the patient and transmits it securely, and at lower cost, to the pharmacy.

The Doctor has access to drug monitoring database to make informed decisions

The Pharmacist accepts the secure prescription transaction.

BlockMedx alerts the patient that medication is ready.

The Patient pays co-pay with MDX or $.

The prescription information is secured and stored on the blockchain.

Native Token Economy

Payors receive predictive analytics for their members on fraud, abuse, and at-risk patients.

Patients can securely share access to their prescription records with interested parties and be compensated with MDX.

Researchers receive data for healthcare research if patients grant access.

Government auditors receive analytics on flow of prescriptions and suspicious activity.

What’s Unique About The BlockMedx System?

New Incentive Economy

New Incentive Economy

Patients may use MDX tokens to pay their co-pays at the pharmacy or doctor's office, receive incentives from payors, and receive compensation for sharing secure access to their records

New Incentive Economy

Authority

BlockMedx restores complete control of prescriptive authority to prescribers.

No more prescription forgeries, duplicates, or over-prescribing.

New Incentive Economy

Security

A closed-end, secure solution for transmitting prescriptions using the Ethereum blockchain.

New Incentive Economy

Smart Analytics

BlockMedx intends to use the latest in machine learning and AI to use data for early detection and automated alerts for early intervention

Roadmap

  • Q1 2017
  • The idea of BlockMedx is born
  • Start of conceptual work
  • Q2 2017
  • Development of basic prototype
  • Outreach to relevant stakeholders and discussion of proposed solution
  • Q3 2017
  • Contact of local authorities and definition of legal framework
  • Incorporation of BlockMedx
  • Q4 2017
  • Development of high fidelity prototype
  • Q1 2018
  • Completion of MVP
  • BlockMedx network goes live
  • Q2 2018
  • Private sale
  • MassChallenge Accelerator start
  • Q3 2018
  • Public token sale
  • Intensive outreach to strategic partners
  • Q4 2018
  • Pilot projects online: targeted areas will be Texas, Kentucky, Ohio, and West Virginia.
  • Version 2 Application Upgrades as Protocol Advances
  • Q1 2019
  • Intensify implementations with healthcare systems
  • Rapid scaling into additional states with the highest opioid death rates
  • EMR (Electronic Medical Record) and Telehealth platform API Access and Integration
  • Q2 2019
  • Key partnerships with addiction treatment organizations for patient education, communication, and early intervention
  • Expansion of network into all prescription drugs with incorporation of communication, education, and early intervention incentive structures
  • Q3 2019
  • Partnerships with payors and healthcare systems to allow discounted payments through patient portal and introduce new value-based incentive structure that promotes early prevention rather than treatment
  • Q4 2019
  • ML/AI implementations to automate detection of fraud and abuse in the healthcare system--important to prevent patients from being lost in the system after it is too late.
  • Integration with Pharmaceutical supply chain to prevent counterfeit drugs from entering the market

Token Sale coming soon

Resources

In the media

BlockMedx mentioned in the 2018 Joint Economic Report by Congress

Show report

Using Blockchain to Combat The Opioid Epidemic – Meet BlockMedx

Read article

BlockMedx Utilizes Blockchain Technology to Transform the Prescription Drug Industry

Read article

Our Team

Michael
Michael J Brunner, PharmD
Founder & CEO
Alex
Alexander Antoniou, MD MBA
Chief Medical Officer & Director of Strategy
Matt
Matthew Mitchell
Senior Blockchain Engineer
Danny
Danny Holland
Full-stack & blockchain developer
Leila
Leila Kassiri
Software Engineer

Advisors

Jim
Jim Kyung-Soo Liew, Ph.D.
Senior Advisor
ML/AI Expert
Dave
Dave Hoover
Blockchain Expert & Engineer

Partners & Early Investors

Mass Challenge Crypto Valley Chamber Digital whatDigital

FAQs

Where can I find more information on BlockMedx?

Please check our Resource section and our social media channels. If you have further questions, please reach out to us on Telegram.

Is there a KYC required in order to participate in the token sale?

Yes.

Can US citizens/residents participate in the token sale?

Only accredited investors are allowed to participate in any part of the token sale.

When does the token sale begin?

The presale will take place in Q2 2018. The public token sale will take place in Q3 2018. We will announce the exact dates beforehand.

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