Frequently Asked Questions
MONET Blockchain Project
WHAT IS MONET DAPP?
MONET-DAPP or MONET Platform connects patients seeking 2nd opinion on their initial/primary diagnosis with consultative healthcare practitioners, globally.
This is how it works:
a. A patient needs to seek 2nd opinion on his/her diagnosis made by primary care/family doctor/GP. Patient requires a specialist, such as a radiologist, oncologist, neurosurgeon etc. for a very specific medical condition that perhaps primary care practitioner is not able to diagnose or had made a diagnosis that doesn't satisfy the patient.
b. The patient comes to MONET DAPP to access an appropriate, certified & highly experienced consultant, regardless of patient's and consultant's geophrical location.
c. Pateint request an appointment. A consultative appointment, usually set up within 12-24 hours, takes place through MONET DAPP via video/audio call as requested/needed.
MONET DAPP is being build to serve these purposes:
a. Connect patient to a highly experienced consultant/specialist so that online consultation for diagnostic care can be accessed;
b. Provide a prompt, secure and effective access to consultative care
c. Patients can upload their original diagnostci reports such as scan, blood reports etc. ensuirng data security and integrity, thnaks to the disruptive technology, blockchain.
d. The mode of payment is MONET (ORB).
WHAT ARE BENEFITS OF MONET DAPP?
MONET DAPP is being build on Ethereum platform, using the Blockchain Technology. In terms of technolgy-related benefits, following are mostly known:
a. Transparency: Blockchain technology ensures transparency because changes can only be made to a blockchain if the majority of the network agrees to the changes, given that a huge amount of computing power is required in order to make changes to a blockchain server. This means that patient's confidential data integrity remains intact- one of the biggest challenges withing the digital healthcare sector before blockchain technology was introduced.
b. Security: The decentralised nature of blockchain technology ensures that it is highly resistant to all types of malicious attacks, including DDoS attacks. Blockchains also lack the single point of failure that often cause traditional apps to crash because blockchain blocks cannot be controlled by a single individual or entity. Data secuirty in our use-case was a challenge, but not after the technology in question, making MONET DAPP a possibility to be used by real users.
c. User Empowerment: With MONET DAPP, every user would retain direct control over all of their information and transaction history. As a result, the potential of patient's data being stolen is extremely difficult and even not possible.
d. Faster Transactions: Blockchain technology solves two important problems: i) ensuring that no one individual has control over the information stored in the blockchain; & ii) avoiding duplicate digital transactions. Please note that patient's data duplication, & integrity still remains biggest challenge within traditional helathcare systems.
However, on the MONET DAPP, transaction validation will occur in just seconds so that there is no waiting time or a need for transaction validation from a centralised authority. It will also automatically block a transaction if the transaction information is corrupted in some way.
WHAT'S MONET BLOCKCHAIN PROJECT?
It's a blockchain project, building an online/digital marketplace/platform serving a real-world problem affecting millions of people, globally. At present such service isn't available in the market.
So what's the problem being addressed by this project?
Many patients mistakenly assume that misdiagnosis or undiagnosed symptoms of medical condition are normal occurrences by healthcare providers. Unfortunately patients don’t realise that healthcare providers are ethically & legally responsible for worsening medical conditions or medical costs resulting from delayed or incorrect diagnosis & subsequent treatments. This should not be the case. Patients are required to be aware that delays in diagnosis & failure to proper diagnosis are physically, emotionally, & financially damaging.
What research data confirms the demand for such service?
There’s a clear indication of a ‘need’ to seek 2nd opinion on primary or initial diagnostics.
Increasing mistrust of patients on their primary healthcare practitioners & providers.
Adoption of wellness and preventive medical is a strong trend in consumer behaviour.
Due to increased healthcare costs, governments & healthcare systems are setting up newer and more efficient delivery processes using digital platforms.
Over a period of 2017-2022, consumers will look to achieve optimal states of wellbeing & prevent the development of future illness by taking more holistic approaches to the idea of self-managed healthcare.
Adoption of mobile Healthcare in emerging markets like India as compared to developed markets is a paradox. In developed markets, mHealthcare is perceived as disrupting the status quo, whereas in the emerging countries it is seen as creating a new market, full of opportunities and growth potential.
In younger, developing economies, healthcare is less restricted by healthcare infrastructure and ingrained interests. Consumers are more likely to use mobile devices and mHealthcare applications, and more providers are willing to cover the cost of mHealthcare services.
According to PwC, innovators seeking opportunities in mHealthcare, including telecommunications and technology companies, must work to overcome the barriers slowing widespread adoption of mHealthcare.
Challenges faced by healthcare is developing patient-centric & technology-driven effective solutions adding value for healthcare providers & quality of life.
CAN I SEE PROJECT ROADMAP?
Sure, just click here
WHAT'S THE PROJECT COST BREAKDOWN?
Please click here
WHAT IS MONET(ORB)?
MONET(ORB) is a cryptocurrency/digital currency/token just like the most popular Ethereum & Bitcoin. MONET(ORB) is forked from Ethereum, hence supports the ecosystem growth.
There are 2 types of MONET (ORB) Tokens:
a. MONET(ORBS)- Security Tokens. There are only 20M ORBS.
b. MONET(ORB)- Utility Tokens. There are only 80M ORB.
WHAT IS A UTILITY TOKEN?
These tokens simply provide users with a product &/or service. Think of them like gateway tokens. As Jeremy Epstein, the CEO of Never Stop Marketing, explains, Utility tokens can:
a. Give holders a right to use the network;
b. Give holders a right to take advantage of the network by voting.
TELL ME MORE ABOUT MONET (ORB)- THE UTILITY TOKEN
The purpose of these tokens is to utilise or use as native currency in its digital/online market place called MONET-DAPP. The utility of ORB Token is exchange of service i.e. consultant/ specialists healthcare practitioners providing 2nd opinion on patients’ initial diagnosis.
There are only 80M pre-mined MONET (ORB) Tokens, putting an upper cap on the maximum token availability. Second,MONET-DAPP will be offering a solution to a preal-world problem affecting millions of people across the globe. These 2 embeded supply/demand triggers would ensure that the value of the tokens appreciates over a period of time.
WHAT ARE THE ADVANTAGES OF USING YOUR SERVICE?
Seeking 2nd opinion would allow you to access the expertise and opinions of the world’s most relevant experts for your specific situation, without any need to travel. This means you you can:
- get answers to your medical questions and concerns;
- receive an "opinion" on your initial diagnosis;
- be supported by a team of consultants/specialists who oversee every aspect of the second medical opinion service
MEDIBITCOIN NETWORK LTD.
WHAT IS MEDIBITCOIN NETWORK LTD.?
It's a Private Limited Company registered in the UK, with Companies House. The Company number 11268735.
It was incorporated in March, 2018.
The Registered Office address is: 960 Capability Green Business Park, LU1 3PE, Luton, United Kingdom.
MONET Blockchain Project is one of the projects, operating under MEDIBITCOIN NETWORK LTD.?
WHAT SERVICE/PRODUCT COMPANY IS BUILDING?
We are service providers. Our service intends to develop a platfomr that connects misdiagnosed patients & medical practitioners. Current healthcare system demands to access expert help at reduced costs. This presents an opportunity for technologies that may contribute to quality service and savings. The goal is to reduce costs & achieve quality healthcare, while improving the health outcomes of individuals.
In this process of governmental mandates, healthcare systems have implemented their own Electronic Health (eHealth) technology platforms, yet the accessibility for healthcare workers to obtain previous medical records of patients from a different provider in a timely fashion remains a significant challenge in health delivery.
We are an Ethereum-based decentralised platform where patients can access consultative helathcare practitioners in a more advanced way at reduced costs. Patients can be located anywhere in the world seeking professional medical care.
Consultative Practitioners are specialised professionals in their respective fields, readily available to offer consultancy based upon medical conditions, symptoms & diagnostic reports provided by the patients.
2nd EXPERT'S OPINION ON MEDICAL DIAGNOSIS
WHY SHOULD I GET 2nd OPINION?
Reasons for getting a 2nd opinion include:
American Cancer Society
You want to be sure you have explored all options;
You think your doctor is underestimating how serious your illness is;
Your doctor is not sure what is wrong with you;
You have a rare or unusual illness;
You think another treatment might be available;
Your doctor is not a specialist in your type of illness;
Your doctor tells you there is uncertainty about the type illness you have;
Your doctor gives you a few different treatment options;
You’re having trouble understanding and communicating with your doctor, or you want your options explained by someone else;
You just want peace of mind that you have the correct diagnosis and that you are making the right treatment choice;
Your insurance company asks you to get another opinion before you start treatment.