The MedXchange system will be facilitated by MedCoin (MED), the world’s first tokenized cryptographic currency to address the global trade of medical devices. MedCoin (MED) is an ERC-20 token used by users on the MedXchange platform as the exclusive cryptocurrency to conduct transactions, both in-country and globally. Medcoin can be purchased with fiat money, can be sold for fiat money, and can be traded for Bitcoin or any other cryptocurrency. MedCoin (MED) will also be what funds the miners and data silos. The currency can also be used to activate smart contracts or trade for keys.