Medifakt is a project developed by AKTHealth (www.akthealth.com) , a Healthcare Consulting firm with capabilities in Clinical Research, Commercial Strategies and Consulting & Interakt (www.interakt.jp), a Blockchain based Technology firm building multiple projects in Decentralized space including CeFi, DeFi Exchanges, Dapps and gaming, A combination of Functional and Technology experts in their respective fields form the core of this development.
About
What is Medifakt?
Medifakt will use a combination of IoT + Blockchain + AI, the combination these technologies will enhance the security of the collected data through IoT devices and feeding them to a decentralized network built on Polkadot network. This will ensure the real world data collected through these medical devices will solve the transparency in healthcare costs in drug developemnt, payments and insurance premiums. Along with that medifakt will aim use advanced machine learning capabilities to support the patient healthcare outcomes and a more secured and compliant way.
Data Layer
Asset Layer
Service Layer
Security Layer

Key Modules
Medifakt Modules
Medifakt project has 4 Key Modules coving the Key aspects of Life Journey from Data Collection till Wellness Delivery
1. Real World Data ( Blockchain based on PolkaDOT)
2. Analytics & Support
3. Security, Audit & Compliance
4. Insurance & Payments
Medifakt Featues
REIMBURSE
The first ever blockchain-based solution for performance-based contracting of pharmaceuticals, medical devices and wider healthcare services.
Current obstacles
- Trust & transparency of outcomes data
- Patient privacy and confidential pricing
- Administrative burden of tracking patient outcomes and reconciliation
- Patient tracking and fragmented health data
- Payment delays and tying up of funds
REIMBURSE USPs
- Data integrity and auditability via immutable ledger
- Cryptography and private permissioned blockchains
- Automation via ‘smart contracts’ enables complex agreements with no additional burden
- Digital identities and the ability to connect to various health data sources
- Automated settlement and invoicing mechanisms

From the Blog