Informal Staking started validating for MediBloc in January of 2023. At Informal Staking we believe that blockchain can be used to increase data availability, security and reliability across many industries. Medibloc aims to allow people to have sovereignty over their own data and use their health information according to their own needs.
MED is the token that secures the MediBlock blockchain (Panacea). It is also the token used for community governance. MED tokens are also used to incentivize participation in the MediBloc platform ecosystem including patience and healthcare providers who contribute to the production and distribution of health data.
The MediBloc chain is referred to as Panacea. It was built using the Cosmos SDK in 2017. Panacea blockchain is the key infrastructure for the services that MediBloc hopes will reinvent the healthcare experience. Mediblock also has a toolkit that allows developers to create applications on top of MediBloc platform.