PetLife ICO – Leading Blockchain Veterinary Platform
The ICO for Petlife supports its blockchain platform, which provides 24/7 veterinary medical assistance through telemedicine and artificial intelligence.
By using the App the owner of the pet can ensure essential medical assistance for the pet, namely remote consultations, interpretation of medical test results, storage of data and electronic prescription. In turn, the veterinary specialist carries out consultations, makes medical reports and gets payment.
Petlife has the ready-made prototype of the telemedicine platform. The service allows to collect clinical information, store medical data, prepare for medical testings, carry out primary and further consultations, monitor key indicators, control drug therapy and quality of treatment, make reports, carry out transactions. Petlife has been clinically tested and is starting to work on the market. The service has got reviews of the medical community and first clients opinions.
The clinical assistant model is being developed at the moment. It will work by means of self-learning neural networks. The module will create the optimal variant of pet treatment on the base of intermediate and input data, for instance, complaints, symptoms, results of medical tests, anamnesis.
The pet owner needs to choose the specialist (it may be a general veterinarian or narrow specialist, for example, a surgeon, radiologist, infectiologist), convenient time for a consultation, way of contacting the vet (video consultation, chat or call).
The veterinarian goes through the medical record of the pet and the results of preceding tests and previous recommendations, studies the anamnesis, asks questions about pet’s health, and after the consultation the specialist makes reports, writes prescriptions for medication and gives necessary recommendations.
The electronic medical record stores the full course of treatment, fixes all the changes of pet’s state of health which can be added to the record by the veterinarian or the pet owner. This medical record belongs to a certain pet and remains unchangeable even if the pet is taken by another owner.
Key features of PetLife
Remote consultations. During the consultation the vet can set a diagnosis, determine the course of treatment, analyze the results of medical testings and makes recommendations remotely.
Schedule. The veterinarian indicates consultation time, gets through the patient’s profile and sets the price for the consultation.
Emergency assistance. Even if the veterinarian isn’t online at the moment and so can’t respond to your message, other specialists receive the notification about your request.
Video chat. The attending veterinarian estimates the pet’s state of health, writes a prescription, works out the treatment plan and gives recommendation.
Data integrity. Data stored in smart contracts is encrypted and distributed between the nodes. It guarantees that no node will be lost or altered without a permit.
Billing system. Payment for the service by the patient and billing by the vet are carried out with fiat money or cryptocurrency.
Petlife solves the following problems:
- The pet owner and the pet are far away from the city, or it is impossible to find the veterinarian in the nearby area. Then the option of the video consultation should be used.
- The pet owner doesn’t trust the attending veterinarian or the diagnostician. In this case the Second Opinion service may be useful.
- The pet owner cannot find the pet’s medical record. The solution is the electronic veterinary record.
- The essential medicine is only dispensed on prescription. In this case the pet owner can get the electronic prescription.
- The pet owner doesn’t have enough time to go to the clinic. Then telemedicine is the most optimal solution.
Blockchain medical record
In Petlife anamnesis, all testings results, presumed diagnosis and other information about the treatment of the pet whose owner wants to get a consultation are added to the electronic medical record that may be updated. In the App medical data is stored and the medical record is made. The veterinarian can study all the data to be ready for the forthcoming consultation, control alteration of the clinical indicator, estimate the treatment dynamics, send the patient to have some additional testings done, write prescription.
Telemedicine
Petlife provides the possibility to carry out consultations remotely in real time. The veterinarian can hold scheduled or emergency consultations with the pet owner by using video communication. Besides, the service enables several vets from different veterinary medical centres (up to 16 specialists at once) to hold discussion on complicated clinical cases. When the consultation finishes, the veterinarian makes a medical report, determines the course of the treatment, prescribes needed testings, gives recommendations and writes an electronic prescription.
Smart contracts
Petlife is the first application for veterinarians and pet owners which functions by means of smart contracts developed on the base of the blockchain technology. The Petlife smart contracts constitute a special computer algorithm. It monitors payment for services, data storage and input in the blockchain medical record. By using smart contracts, pet owners, veterinarians, clinics, and pharmaceutical companies can provide pets with necessary treatment, exchange information with each other, seek for needed drugs and pay for services.
Artificial intelligence
The artificial intelligence technology in the Petlife App identifies patterns in data got during previous testings, forecasts the possible deterioration of the pet’s state of health taking into account medical data got earlier, enables the vet to develop the plan of effective treatment of the pet, makes prompts and alternative ways to solve medical issues.
Petlife in the legal field
VCPR (Veterinarian-Client-Patient Relationship) is the jural definition of the remote consultation in veterinary medicine adopted in the USA and European countries. At the start of the project the main objective was that the service should be in compliance with the VCPR legal requirements.
What we use the blockchain technology in the Petlife App for
Data storage. Veterinary medical record contains reports of veterinarians, preoperative epicrisis and operation protocols, results of different types of diagnostics, prescriptions and recommendations. The whole chain of blocks is updated by the Petlife App online so that it allows to see the treatment dynamics or to assess the pet’s state of health.
Treatment. The Petlife App provides the access to medical data and medical record. One of the main principles of the service’s work – invariability of the chain – makes it possible for the vet to assess treatment quality, give a competent answer or make a report for judicial proceedings. The veterinary medical record can be used to control treatment quality, study the dynamics of the previous treatment and monitor the results of the current treatment course.
Payment for services. The service allows to make:
- Cross-border payments without additional charges for conversion of currency;
- Express payment between the participants of veterinary medical assistance (insurance companies, veterinary clinics and pharmaceutical companies).
PETL Cryptocurrency Tokens
The PETL token is used as an internal mean of payment on the platform. This is the token that is in compliance with the ERC20 standard and based on Ethereum.
The purpose of PETL token issue is to attract investments ranged in size from $4M to $15M to develop the blockchain veterinary record and the mobile application, realize the strategy of investment marketing and start the monetization on the target market.
The purpose of PETL purchase is the possibility to pay for Petlife services. The PETL token provides the exclusive access to the goods and the right to get termless discount up to 30% on all the services offered by the Telemedicine OÜ company in the mobile or web version of the Petlife App. By using tokens users can pay the consultation of the veterinarian, buy insurance companies products, goods and medicines for pets, new services that will be offered in the App.
In addition, users can exchange tokens with each others during paid consultations thus sharing experience of caring for exotic pets.
Team
Andrey Fedorov, primary investor, M.D. and CEO. Has experience in the management of teams of medical specialists and was the head of the radiology department. Worked as CEO in the IT medical project and managed business practices in governmental institutions. Is well informed of all the aspects of the product development and organizational process, interested in innovations and features of medical technology.
Vlad Dyachenko, CTO. Has experience in the sphere of blockchain-development. Works on the development of the Petlife App: writes BACKEND and FRONTEND, builds Ethereum-based smart-contracts, checks the quality of the security system and teaches the service to use tokens. Vlad is a certified specialist in a number of technologies.
Marina Kuzmicheva, CMO. Develops the content plan and the marketing strategy. Works on the development, implementation and realization of marketing plans, coordinates marketing campaigns and controls the routine marketing actions of the organization.
Petlife has social significance. Every day thousands of animals need treatment. Every year the market of veterinary services is growing by 8%, and in 2017 it amounted to $30 billion. Medicine is not keeping pace with the dynamics of the market. There are some difficulties – lack of specialists, high cost of services, extra appointments, taking drugs without a prescription and low quality of medical assistance.
Petlife solves these problems with the help of telemedicine and blockchain. The service unites veterinarians and pet owners in a single ecosystem. The Petlife App provides video communication with the veterinarian, electronic prescription, medical record, search for the best vet, convenient payment for veterinary services and clinical protocols.
