Healthcare is evolving at an ever-growing pace. Rapid advances are creating new and unique opportunities. Technologies like the metaverse and telemedicine are now merging to create a rapidly growing market for the digital healthcare ecosystem.
Other technologies like blockchain and Internet of Health Things (IoHT) devices offer further opportunities. These can be used to collect and manage private health-related information, providing users with direct data ownership.
A healthcare-centered metaverse is technologically achievable today. The emergence of such solutions holds the promise of shortening the distance between clients and the digital healthcare ecosystem. But one element is still missing in this equation, an actual pipeline of clients that could use metaverse-based healthcare services and other healthcare-related services.
Our competitive advantage is the Doctor31 award-winning personal symptom checker algorithm. This algorithm will evolve into a metaverse digital health twin that provides users with an interactive and intuitive way of privately tracking their healthcare data, goals, and medical needs.
The Doctor31 algorithm also provides a unique market-making capability because it can match users with private healthcare providers or other stakeholders in the healthcare ecosystem.
The Doctor31 Metaverse will use the Doctor31 personal healthcare algorithm to create a pipeline of clients for healthcare solutions built in our metaverse. Tokens and blockchain technology will be used to incentivize and create actual economic activity centered around digital healthcare solutions.
This Litepaper will explain how we plan to build a healthcare-centered metaverse around the Doctor31 personal symptom checker algorithm and how we plan to use crypto tokens to fund and support this project.
The current stage of the Doctor31 project is the Doctor31 app, which can access the medical knowledge of doctors from 31 different main specialties.
The algorithm's way of thinking is identical to a doctor's, but it leverages modern technology's memory and computing power. Simple to use. It will ask you a series of questions and based on the answers it will analyze your health and tell you what you may suffer from. Just like with real doctors, if you have blood or urine test results, it will also take them into account for a more accurate diagnosis.
Thus, an examination offered by Doctor31 is akin to 31 examinations by doctors from 31 different specialties. Health is an important matter for each of us. Doctor31 can be used successfully by patients and healthcare professionals.
The Doctor31 smartphone app runs an award-winning personal symptom checker algorithm:
The evolution of the Doctor31 personal healthcare algorithm into the metaverse is a natural transition based on what we can achieve today.
Our first metaverse project is the development of a digital health twin that can help users track their personal health data in a more intuitive and interactive way.
Users will be able to input a variety of health-related information, either manually or automatically, through IoHT devices, making their digital health twin a healthcare record-keeping instrument that provides guidance through the healthcare process.
Using an interactive digital health twin that can be explored visually will help users better identify problem areas and improve their understanding of health problems. And the use of IoHT devices, like glucometers, in conjunction with other health trackers can help users better manage diseases like diabetes.
Our main goal is to create and optimize the digital health twin to support improved diagnostic capabilities. We will achieve this by giving users a better understanding of what they need to do and by providing healthcare practitioners with more data to work with.
Our second goal is to build the Doctor31 Metaverse around the Digital Health Twin and provide the healthcare ecosystem with a digital world to create healthcare-related solutions.
The Doctor31 Metaverse is designed to accommodate all the stakeholders in the healthcare ecosystem by providing them with virtual land to develop digital infrastructure like private practices, clinics, education spaces, showrooms, marketplaces, law offices, etc.
Companies that operate in-metaverse will list a detailed description of their services and will be algorithmically matched with users based on specific preferences and needs. This will act as the above-mentioned pipeline of clients for digital healthcare solutions.
We plan to implement a user-centric model that leverages the power of several technologies to promote good health practices and help people find solutions faster, making the healthcare process more effective.
To better understand the structure of our project, we need to understand the unique opportunities and solutions available today.
The abundance of new technical solutions creates the possibility of building complex systems at the intersection of emerging technologies.
The Doctor31 Metaverse will leverage the unique opportunities the Metaverse, Healthcare Algorithms, Telemedicine, Blockchain, and IoHT devices provide.
Online human interaction is the very basis of the internet. The instant connection between people worldwide created the most significant economic growth since the industrial revolution.
The metaverse is in the process of redefining online human interaction by creating a more familiar and intuitive environment. Internet users now have an immersive experience in which they can interact with digital objects and other users in a familiar way.
The emergence of these digital words is creating a new market that is much more interactive and personal for users. Several studies have projected the growth of the metaverse market to surpass $1 trillion by 2030.
Just as Web2 shortened the distance between clients and retailers when dealing with physical goods, web3 is about to do the same for services that require more personal interactions.
The Doctore31 Metaverse will leverage this unique opportunity to shorten the distance between users and healthcare providers by creating a digital environment designed for healthcare and healthcare-related needs.
Telemedicine is also a rapidly evolving market aiming to shorten the distance between users and healthcare providers.
Projections show that by 2030 the global telemedicine market will surpass $300 billion. Studies show that innovations in telemedicine are rapidly cutting the cost and time associated with some healthcare practices, making the process more effective.
The Doctor31 Metaverse will leverage this unique opportunity to support better quality healthcare services at better prices.
Internet-enabled devices are coming online at a faster pace than ever. Just like electricity made its way into most household appliances, so is the internet.
The integration of electrical current into our environment saved people a lot of time and energy, creating a sharp increase in quality of life. The integration of the internet into our environment will create an abundance of data that will help with decision-making, and this, too, will translate into an increase in quality of life.
The Doctor31 Metaverse will leverage this unique opportunity to provide users with a way of using Internet of Health Things devices to track personal healthcare-related data and improve diagnostic capabilities or enhance performance.
The Doctor31 Symptom Checker is the first layer of our personal healthcare algorithm. We aim to develop it further into a multi-use algorithm that supports both healthcare and performance enhancement.
The integration of this algorithm into a metaverse digital twin gives users an interactive and visual way of tracking and managing personal health data. This both simplifies and gamifies personal healthcare to the user's advantage.
The Doctor31 Metaverse will leverage this unique opportunity in two ways:
1. To provide users with guidance for healthcare and performance enhancement.
2. To create a pipeline of clients to healthcare-related businesses inside the metaverse.
The blockchain revolution offers never before seen opportunities in decentralized private data management and behavioral incentivization.
Blockchain science is rapidly innovating and creating solutions for user-centric private data management, offering users for the first time a way of personally managing who can access the data and when.
Tokens like NFTs or cryptocurrencies are new financial tools that support digital economies and can automate different monetary interactions through decentralized finance solutions. (DeFi)
The Doctor31 Metaverse will leverage these opportunities in two ways:
1. To provide users with a form of self-managing their private healthcare data
2. To support the emergence of a healthcare-centered economy in our metaverse ( See chapter Tokens and Tokenomics)
User Profile: Any individual with access to a web-enabled device that can run browsers or apps (web, IOS, Android, etc).
1. Users have free access to the digital twin healthcare algorithm and will be able to:
2. Users can join the Doctor31 Metaverse community, and will be able to:
3. Users can choose the services of in-metaverse private healthcare providers, and will be able to:
Company Profile: Any stakeholder in the digital healthcare ecosystem, like: solo practitioners, clinics, equipment manufacturers, drugstores, etc.
1. Digital healthcare-related companies need to buy or rent land in the Doctor31 Metaverse in order to build their in-metaverse solutions.
2. Private healthcare-centered companies will be able to build digital infrastructure in the form of solo practitioner offices, clinics, hospitals, showrooms, schools, study centers, bookstores, etc.
3. The Doctor31 personal healthcare algorithm will match clients to private companies according to the user's preferences and needs at that moment. Companies will need to list a detailed description of their services and users will be able to use filters like price, reputation, language, etc to find the best-suited service provider.
The Doctor31 Metaverse token economy structure or Tokenomics is designed to facilitate actual economic activity. Our goal is to align token creation and distribution, incentive mechanisms, token burns, and Defi solutions to support a functioning and growing digital healthcare economy in our metaverse.
In this section, we will first explain the design of our native token structure. Secondly, we will present the stablecoin integration for supporting predictable business growth. And finally, we will go through the token distribution and sale model.
The Doctor31 Metaverse has two native tokens:
The Doctor31 Parcel NFT represents a private piece of digital land in The Doctor31 Metaverse and is limited to a total of 10K NFTs which will be minted in order starting from "1". These NFTs hold the same rights, but different benefits depending on how early they were minted, favoring early investors
Use Case (Utility Structure)
The Doctor31 Parcel NFT's main use case is managing the property rights to parcels in the metaverse. This token holds value because digital healthcare services can only be built on parcels, offering opportunities for both investors and healthcare companies.
Investors can buy the land only as an investment or buy the land to rent out for digital healthcare companies.
Digital Healthcare Providers need to own or rent land in order to build digital healthcare solutions. Thus accessing the client pipeline provided by the Doctor31 Digital Twin feature.
Rights and Benefits
All the landowners in the Doctor31 Metaverse will have the same rights.
In order to create varying benefits according to how early a Land Token was minted, we will use three ways of differentiating:
1.Based on the order of minting.
Earlier minted parcels will have discounts on some charges perceived by the Doctor31 Metaverse for in-metaverse transactions. The exact discount distribution is to be determined.
2. Based on the sale round in which the token is acquired. Depending if the NFT is acquired in the seed, private or public round, it will have a certain discount and other in-metaverse benefits to be determined.
3. Based on the "genesis address". The original NFT Parcel holder will have some privileges that are lost upon the sale of the token:
The NFT Land Token will be a smart contract on the Ethereum Blockchain.
Benefits of the NFT Land Token Structure
1. The NFT structure provides tradable ownership rights, benefits management and can be easily integrated into smart contracts.
2. Currently, digital land is not considered a security in most world jurisdictions. Minimizing the risk that a crypto asset can be labeled a security makes business operations easier in the long run.
3. A clean and simple use case like digital land ownership makes it easier for authorities to understand and regulate. Which in turn provides market clarity in the long term.
4. NFT markets provide investors with a quick and simple way of liquidating their investments.
5. Having an NFT as the main property right, instead of a native monetary token might mitigate some of the volatility of the crypto market.
The QALY Coin is designed to incentivize good health practices. Users earn this token through constant and coherent interactions with their digital health twin.
This is a non-tradable token that can be used to generate discounts for products and services acquired through the Doctor31 Metaverse.
Use Case (Utility Structure)
By inputting and tracking healthcare-related data with the help of their digital health twin, users will earn the QALY Coin. The distribution of this token will favor users with a higher frequency of use and higher complexity of inputs.
Users will be able to convert these tokens into different discounts in the metaverse, like when paying for lab result interpretations or purchasing IoHT devices like glucometers.
The QALY Coin is a non-tradable token that is generated depending on the interactions with the digital health twin. And will be burnt once applied as a discount.
Benefits of the QALY Coin Structure
1. Incentivizes good healthcare practices in users, through token creation and distribution.
2. By being convertible intro discounts it creates an extra incentive for users to buy products and services in the Doctor31 Metaverse.
3. Its non-tradable structure further mitigates volatility in the ecosystem by limiting gamification opportunities.
Most crypto projects choose to have a native monetary token to facilitate internal ecosystem transactions. The volatility of such a token negatively impacts business operations and user spending.
If businesses hold their monetary value in a token that is subject to volatility, major planning issues arise because they cannot accurately predict spendings and earnings.
If users pay for products and services using a token that is subject to volatility, they are incentivized to hold on to the token when it goes up and to get rid of it when it goes down.
Such a native volatile token would apply unwanted force to the very fragile and young market that will emerge in the Doctor31 Metaverse. That's why we decided to go with stablecoins.
Use Case and Digital Structure
Users and in-metaverse businesses will be able to pay for services and products using stablecoins that work on the ethereum network.
The integration of the most time-tested and resilient stablecoins creates a much more predictable environment that supports real economic activity. This choice considerably improves the chances of an emerging blockchain-based digital healthcare economy.
However, there is one drawback to not having a native volatile token. The success of such a token can be considered a very substantial revenue stream that can positively affect the development of the ecosystem.
We will compensate for this drawback by supporting real economic activity as much as possible and applying a tax on transactions that result from algorithmically matching users with private healthcare providers
One definition of blockchain is that it's a digital trust management infrastructure, and this has massive implications when managing private data.
The centralised Web2 was built on a surveillance capitalism model, in which private companies make money by using and selling our personal data. Companies like Google or Facebook created a context in which users have no privacy and no access to see what was collected about them, and this is a worst-of-both-worlds situation.
Blockchain solutions that manage private data can solve this problem and create a best-of-both-worlds situation in which users have both privacy and a secure way of sharing private information with third parties.
The Doctor31 Metaverse will provide users with a cryptographically proven way of storing and managing their private healthcare data. A blockchain infrastructure will progressively replace any third party or central authority involved in private data collection and give all the power to users.