ICOS This Week: A New Wave of Medical Tech is Incoming, Green Energy Has Found a Saviour, and More!

Medichain: Saving Lives With Blockchain First up for this week we have Medichain, a promising new ICO in the field of medicine. Their token in MCU, of which there will be 5 hundred million being offered for sale. The tokens will have an exchange rate of one MCU to 25 American cents. They have already had their presale, which sold out completely, things are already looking quite good for them. The hard cap in place is $24 million and the crowd sale will begin at 10 pm on the 1st of February. There is whitelisting in place as well as KYC (Know Your Customer), strangely enough, the KYC will come into place after the ICO. The whole idea behind Medichain is using the blockchain to make medical records more secure, and in doing so, reduce costs. In this project, blockchain technology is used as a secure location for the storage of medical records. Impressively, they have already secured a partnership with the British National Health Service. In addition to this, they also have a product on the line called Telemedicine which is a product that may ease the lives of doctors and patients alike. The app allows remote consultations with GP’s and other professionals, the payment of these appointments is done so with the MCU token. As well ad the Telemedicine app, they also have a tech branch working on a medical wristband which can be accessed in an emergency to look at a patients medical files. WePower: Funding Green Energy Development WePower, the second ICO that we’re examining this week, is concerned with the funding of green energy development. The token they’re introducing is the WPR token, where one Ether will buy you 4600 of the new currency. The crowd sale will be beginning on February the 1st, and there is a strict KYC policy and whitelisting in place. The hard cap for the project is $35 Million. The ICO in question is all about the growing problem with green energy projects finding it hard to obtain funding for their ventures. It is extremely difficult for some projects to successfully secure funding through traditional methods. WePower intends to provide a solution to this problem. They have put in place a way to allow a project to offer its future energy capacity up for auction by using a secondary token, where one token equals one-kilowatt hour. The team involved in this ICO are very experienced in the energy market, and they have a lot of attention directed towards their product. The interest is very real with this project and they have already established partnerships with Estonia, Latvia and some power companies as well. It's clear from their involvement with other organizations that they about to bring about a real change, and have a lot of interest in the potential changes they can make in the green energy market. Remme: Remember me and throw away your password Last but not least, we have Remme. One billion REM tokens are being offered up for sale in the market with the value of each token being 4 American cents. The presale has been and gone, resulting in a highly respectable figure of $1.8 Million. The hard cap, which includes the presale, is $20 Million. The sale begins on the 13th of February. The main pitch for this ICO is a beautifully simple solution for businesses that remove the need for passwords within a company. It employs the use of SSL encrypted keys held on their own blockchain to provide a substitute for traditional passwords. This idea seems to have great potential and is great in delivery as it removes the danger of people forgetting, selling, or accidentally giving out their passwords. The great thing about this product is that if the network is hacked, it’s only hacked on one machine, not the whole corporate network. There is far less risk for a company if this system is put in place. This ICO has gained substantial traction. Their team has been doing the rounds, getting their voice heard by those who might invest. The team stacks up and is very impressive.