WELL platform hopes to create a secure, decentralized healthcare network that will connect healthcare providers, patients and institutions with access to encrypted data and other services regardless of geographic location and linguistic disparities. In this way it aims to provide medical access not only to travelers, but also to individuals living in remote areas of the globe.
WELL Platform – The Problems
- Many people worldwide are barred from adequate or specialist medical care or diagnostics due to financial and geographic constraints, as well as language barriers.
- Some countries restrict citizens from transferring funds outside country borders, thereby preventing them from acquiring necessary medical care.
- Medical insurance companies often delay or refuse to pay for medical services rendered outside specific geographic jurisdictions.
- Patients often receive insufficient time with medical professionals and diagnostic equipment which could hinder adequate prognoses.
- Patient records and personal data can be lost, misplaced or deleted due to system failures and human error.
- Medical records can be difficult to acquire intercountry.
- Bureaucracy within and between countries can cause unnecessary delays.
- Lack of adequate data storage and appropriate validation methods encourages high levels of fraud within the medical industry.
WELL Platform – The Solution
- 24/7 access to the platform regardless of geolocation or mother tongue language.
- Decentralized storage and distribution of encrypted data on a secure and transparent platform removes bureaucratic and legal hinderances to data transfers, as well as risk of data leaks and loss.
- The same applies to financial transactions and patient/medical professional authentication.
- WELL platform is structured to autonomously verify patients and credit history to decrease possibilities of non-payment.
- WELL platform uses a proof-of-work protocol to authenticate medical services and geolocations, thereby preventing fraud.
- Continuous use of the platform will increase the user’s reputation, as all transactions and procedures will be recorded on the platform. Medical professionals will be evaluated based on proof of service and compliance, rather than subjective patient reviews.
WELL Platform – Further Advantages and Services Offered
- WELL platform implemented a beta version of its telemedicine platform across a number of medical institutions in the US in 2017, with the successful completion of around 20,000 sessions performed by over 110 medical professionals.
- Telemonitoring applications of devices will allow for remote monitoring of patient progress.
- Patients fitted with digital medical devices will be able to automatically provide medical practitioners with up-to-the-minute vital statistics.
- Secure telemedicine will provide patients with the opportunity to access medical professionals without needing to waste time in waiting rooms and will also ease scheduling appointments at more convenient times than would otherwise be possible.
- Health records and prescriptions will be permanently available and easily accessible regardless of a patient’s geolocation.
WELL Platform’s Share and Contribution
- The base platform will be freely available, but minimal transaction fees will be charged.
- Remote monitoring devices and applications are provided in exchange for monthly or annual subscriptions.
- Fees will also be charged for services such as translations, data storage and management, and pharmaceutical order placement.
WELL Platform’s ICO Main Sale Details
Total Supply 1.5 Billion WELL
Platforms Ethereum
For Sale 600 Million WELL
Price 1 WELL = $0.1 USD
Soft Cap $15 Million USD
Hard Cap $28 Million USD
Payment BTC, ETH, Fiat, LTC and BTH
Start Date April 16, 2018
End Date May 15, 2018
ICO Bonus April 16 = 25%
. April 17 – 22 = 20%
. April 23 – 29 = 10%
. April 30 – May 6 = 5%
. May 7 – 15 = 0%
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