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Medifakt will use a combination of IoT + Blockchain + AI, the combination of these technologies will enhance the security of the collected data through IoT devices. Feeding them to a decentralized network built on the Polkadot network. This will ensure the real-world data collected through these medical devices will solve the transparency in healthcare costs in drug development, payments, and insurance premiums. Along with that, Medifakt will aim to use advanced machine learning capabilities to support patient healthcare outcomes and provide a more secure and compliant operation.