Q4 2024: MediBloc Panacea Ecosystem Update

The fourth quarter of 2024 has been a meaningful period for MediBloc. We deeply appreciate your continued interest and support, which are the cornerstone of our progress.

In Q4, MediBloc focused on core initiatives, achieving stable advancements. This report outlines the major milestones and accomplishments of the past three months and provides a glimpse into our future plans. Thank you for being an essential part of our journey!

Panacea Development Status

We are consistently monitoring and optimizing the Panacea network to ensure stable, efficient services for all users. By prioritizing reliable network operations, we aim to provide a seamless and enhanced user experience.

MediBloc Partnership Update: Expanding MED Utility with Open Asset Inc.

MediBloc is dedicated to enhancing the utility of MED tokens by exploring practical real-world use cases. In collaboration with Open Asset Inc., we are developing a project that enables users to purchase various vouchers—such as department store gift cards and hospital service vouchers—using MED tokens. This initiative aims to establish a Web3 service ecosystem anchored in MED tokens while introducing vouchers usable in medical institutions.

During Q4 2024, MediBloc and Open Asset Inc. engaged in in-depth discussions to refine the project’s direction and key details. We will intensify our collaboration to prepare for implementation and expand the utility of MED tokens.

3rd Party Service Update: Regulatory Sandbox Pilot Approval for Dr.palette

Under previous medical laws, patients were required to authenticate in person each time they accessed their medical records. However, with the recent regulatory sandbox approval, this inconvenience has been resolved. Patients at clinics using Dr.palette can now securely access services such as booking, registration, certificate issuance, and insurance claims through mobile apps or web platforms. All services are provided with patient consent, and CI issuance and storage will be managed by a consortium of Dr.palette and an identity verification agency.

3rd Party Service Update: Launch of Dr.palette Planner

The newly launched Dr.palette Planner was developed in response to extensive Voice of Customer (VOC) analysis and field interviews with medical staff. It addresses 69.3% of booking-related improvement requests, which accounted for 32.3% of total VOC feedback. Key features include drag-and-drop scheduling, real-time syncing with Naver reservations, draft chart creation, and medical history review. This comprehensive platform significantly improves the efficiency of booking tasks in medical environments.

3rd Party Service Update: Dr.palette’s Active Conference Participation

Dr.palette actively showcased its cloud-based EMR solution at several key events this quarter, including KOREADERMA 2024, the Fall Conference of the Korean Association of Plastic Surgeons, the Korean Aesthetic Surgery & Laser Society, and the Korean Association for Laser, Dermatology and Trichology. These events served as a valuable platform for introducing Dr.palette’s innovative features to medical professionals, receiving positive feedback and further strengthening its presence in the healthcare industry.

As this quarter concludes, we extend our heartfelt gratitude for your unwavering support and belief in our mission. Your encouragement fuels our efforts to continuously innovate and improve the Panacea ecosystem. As we step into 2025, we remain steadfast in advancing our vision and achieving meaningful progress in healthcare. We look forward to celebrating new milestones together in the year ahead.

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