PetLife - Blockchain in Veterinary Medicine
The project is carried out taking into consideration research carried out by several important associations which I describe below to get an idea of the root of this project:
The American Veterinary Association conducted research and determined that 81 million U.S. families have had at least one pet and by 2025 that number will increase to 100 million.
Another big company in this area, China Pet Industry, indicated that in 2017, 59 million families have had at least one pet and this figure increased 17% with respect to 2016.
Business Research Company, determined that the international veterinary market, which includes medical and rehabilitation services for animals, was estimated at $ 27 billion by 2017, with a total annual growth rate of 8.1%, likewise the European market is estimated to have a growth of € 11 billion and the market for animal medicines is estimated at $ 18.1 billion in 2017.
The U.S. Department of Agriculture determined that the shortage of veterinarians in densely populated cities is 60% and up to 40% in Europe. While in Europe, 243,000 veterinarians treat 157 million pets and 342 million head of cattle.
The European Veterinary Association reflects in its reports that 17% of veterinarians work part-time and 23% cannot find work for more than a year, this is due to the place of residence and the population.
The above studies indicate that in the future these circumstances will cause a sharp increase in zoonotic diseases such as avian influenza, avian salmonellosis, toxoplasmosis, campylobacterial leptospirosis and SARS virus, so veterinary care providers are looking for a way to meet the growing demand for veterinary care. Taking these factors into account, this great PefLite project was started and I will gladly present them in detail.
WHAT IS PEFLIFE?
Petlife is an international veterinary platform based on the blockchain. The service allows remote online consultations, solves the problems of shortage of veterinarians and the quality of veterinary care.
We are planning to unite veterinarians in Europe, Asia and Northern America. The link between veterinarians and animal owners is blockchain and telemedicine.
Our vision is:
- Introduce up to 30 veterinary specializations and areas such as surgery, therapy, radiology, rehabilitation, oncology.
- Veterinarians will be able to consult with animal owners to solve common and rare problems such as: vaccinations, post-surgery conditions, suspected twisted gut, poisoning with household chemicals, treatment of parasitic infestations, itching skin.
- Animal owners will be able to send medical data required for qualified medical assessments: medical reports, lab results, CT scans, X-ray, ultrasound and MRI tests.
- Our veterinary telemedicine platform will operate 24/7/365.
HOW PETLIFE WORKS
Choosing your vet and mode of communication:
Pet owner chooses a vet - general practitioner or specialist, for example, surgeon, dermatologist, oncologist, then convenient time and mode of communication - video conference, online chat or telephone call.
Consultation
Vet analyzes veterinary record, history of diseases, prior tests and prescriptions and questions the patient. After the consultation the vet prepares a detailed report, electronic prescription and gives recommendations.
Data storage
Electronic medical record stores all treatment-related data introduced by the vet or pet owner. All people participating in the treatment are indicated in the record. In case you want to sell your pet, the record will be sold together with the animal.
KEY FEATURES
Remote Consultations
Diagnose, define treatment, analyze test results and consult online.
Schedule
Price, time of consultation, type of patients is determined by the vet.
Emergency Care
Your vet will receive your instant message even offline. If the vet can’t respond quickly, the message will be answered by other specialists.
Videochat
The vet examines your pet, writes a prescription, prepares treatment plan and gives recommendation.
Data Security
Smart contracts are encrypted and distributed between nods. It guarantees that the nod will not be lost or altered without permission.
Billing System
Payment and billing (fiat or crypto).
WHY DO WE USE BLOCKCHAIN?
To store data.
Veterinary record: Reports of veterinarians, preoperative diagnoses, surgery protocols, results of ultrasound, functional and X-ray diagnostics, prescriptions and recommendations. Petlife App will update the entire chain of blocks in real time and show the changes in the treatment process and animal's condition.
To treat.
Access to medical data and veterinary record. Chain inalterability allows the doctor to assess the quality of treatment and to prepare a competent answer or report for court. Veterinary record is a clinical tool for treatment quality control, monitoring of previous treatment and results.
To pay for services.
Solution to 2 problems associated with payment:
Direct cross-border payments without international currency conversion fees.
Express payment between participants of the system, insurance companies, clinics and pharmaceutical companies.
ADVANTAGES
Blockchain medical record.
Digital data storage improves the quality of medical and veterinary care and, at the same time, reduces costs. A study by Basit Chaudhry and Jerome Wang from the University of California showed that the implementation of electronic medical records saves up to 73% of time required for processing a prescription and preparation for medication distribution, up to 43% of time required for the preparation of radiological report an up to 25% for medical reports.
Petlife medical record is a "chain of veterinary services" which includes information on initial registration of an animal, test results and treatment control. Blocks store pet's medical history: prescribed drugs and treatment results, immunization results, conclusions of laboratory tests and ultrasound diagnostics, DICOM-files, personal info - age, weight and also account information.
Veterinary medical record will utilize personal blockchain based on Ethereum. It gives the owner full access and control over his/her pet-related data. The user of a personal account can set access levels for vets, insurance companies and any other member of the ecosystem using Access Permission. Permission can be temporary, for example, for an insurance company to evaluate treatment quality.
TOKENOMICS
Token name: PETL
Designation: utility token
Emission volume: 143 000 000
Maximum amount of tokens available for public sale: 92 000 000
Price of 1 token: 0.163 USD
Minimum purchase: not
Details: ERC-20, Ethereum-Based Token
Number of crowdfunding rounds: 4
Stages of crowdfunding: Presale, Retail sale S1, Retail sale S2, Retail sale S3 +
Softcap: USD 4 000 000 (EUR 3 500 000)
Hardcap: 15 000 000 USD (13 170 000 EUR)
Sales stages
Presale
Date: starting 29.10.2018
End of registration: 15.12.2018
Number of tokens for sale: 21 000 000 PETL
Total cost: 3 550 000 USD (17 142 ETH)
Bonus: 30 %
Retail sale S1
Date: starting 10.01.2019
End of registration: 10.02.2019
Number of tokens for sale: 21 250 000 PETL
Total cost: 3 500 000 USD (17 346 ETH)
Bonus: 15 %
Retail sale S2
Date: starting 15.02.2019
End of registration: 15.03.2019
Number of tokens for sale: 19 000 000 PETL
Total cost: 3 250 000 USD (15 510 ETH)
Bonus: 5 %
Retail sale S3
Date: starting 17.03.2019
End of registration: 29.04.2019
Number of tokens for sale: 28 000 000 PETL
Total cost: 4 700 000 USD (22 857 ETH)
Bonus: 0 %
PURPOSE OF TOKEN EMISSION
Attracting third-party investments for the development of veterinary blockchain record, mobile app, investment marketing and monetization in the target markets.
PURPOSE OF TOKEN PURCHASE
Payment for Petlife services. PETL token is connected to the use of the product/service and gives the user exclusive access to it or grants the right to interaction - unlimited 30% discount on all services provided by Telemedicine OÜ in mobile and web application Petlife - consulting with veterinarians, products of insurance companies, veterinary products and drugs and all of the new services which will be implemented in these applications.
CONCLUSION
Information technologies are changing the traditional approach to veterinary medicine and provide new solutions for animal care market. Telemedicine holds the 4th place out of all investment areas in digital healthcare. Petlife allows to perform remote real-time consultations. Veterinarians can consult pet owners in routine and emergency situations. Up to 16 doctors from different medical centers will be able to discuss complex clinical cases.
Pet Life provides video conferencing with medical experts around the world. Animal owner can send the medical information necessary for a qualified conclusion - reports, X-rays, CT and MRI scans, ultrasound images and laboratory test results.
Peflife gives us more than one reason to trust and invest in this great project, its service prototype is already complete, it has a team of professionals who are prepared, trained not by the good launch of the ICO, but by the smooth operation of the service.
For more info
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Author: Jesus Nataniel Tillero
My Profil link: @jntillero
My ETH address: 0x4cD4c5a3A28BD6601B9562502a4e8D6B4917A8d3