COMMUNITY DRIVEN. BLOCKCHAIN POWERED. GLOBAL HEALTHCARE - Careparrot
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CAREPARROT COMMUNITY DRIVEN. BLOCKCHAIN POWERED. GLOBAL HEALTHCARE. WHITE PAPER VERSION 1.1 This document is provided for informational purposes only. Then information contained herein may be subject to change.
TABLE OF CONTENTS Our Message 1-2 Abstract 3-4 Use Cases 5-13 Our Solutions 14-16 Core Miner 17 Traditional Mining vs Gamified Mining 18-20 Gamified Proof of Stake Mining (applied) 21-23 D.D.A.S. 24-26 Combining All Elements 27 CareConnect Triage 28-31 Universal Lobby 32 Solutions Timeline 33 In-Depth Road 34-36 Tokenomics 37-39 Financials 40-41 Pricing 42-43 Competitive Analysis 44-47 Solutions Recap (who will benefit) 48-50 CareParrot Foundation 51-52 FAQ 53-54 Team 55 References
OUR MESSAGE The difficulties and choke points in the process drives consumers away from the ultimate goal, which is to exercise Let’s face it – the underlying technology around the Healthcare their basic human right to get proper care and medical industry all over the world is generally outdated and the attention when needed. collective perception is that consumer-focused innovation would be difficult to achieve. The currently fragmented system We are answering the simplest of questions that many people of care is causing more challenges than solutions - not just to have: ‘Why do I have to wait 5 months to see a specialist?’ the patients but the entire provider ecosystem as well. and ‘Why is it so expensive to access professional care in other parts of the world? The core motivation of CareParrot revolves around three main challenges in healthcare that affects both Doctors and patients It may come as a shock to the general public, but as per the directly or indirectly but can be alleviated by harnessing the Center for Disease Control (CDC), the 3rd leading cause of 1 power of blockchain technology: death in the US, next to Cancer are medical errors and inefficiencies. It jumped from the number 8th spot to where it I. Shortage of Doctors is now in less than a decade. Just think about that for a II. Difficulty accessing care in other parts of the world second and how it can happen to anyone, including yourself III. Expensive payment systems that are inefficient and prone to and your loved ones. errors Blockchain technology in a multitude of ways, can fix The Healthcare industry for many years have focused on difficulties in healthcare by combining traditional health developing medical treatments and have saved countless lives; practices, human logic and the accuracy of smart contracts however, it should also be designating the same amount of layered on top of an application that does not require a resource in the ‘delivery and packaging’ of the overall patient middleman. CareParrot was designed from the ground up experience. How the patient threads the system - from finding with the intention of setting the standards in peer-to-peer care to getting one - should be every health organization's healthcare and increase global economic efficiency by paramount concern. removing intermediaries. 1 1
The development of a community-based, healthcare web The Core Miner will capture and log activities of users within the application that will serve health professionals and patients network, whether it be updating your profile, commenting on a under a simplified business-to-consumer (B2C) platform was particular post, or a doctor referral, it will result in an entry to be initiated in 2016 by a dedicated team of experts in the medical part of the chain that is mining the block reward. Simply put, and start-up industry from South Carolina, USA and Manila, Interaction is crucial in gaining more opportunities to earn CPX. Philippines. We will also provide early access membership to use the Doctor’s To initiate sales and support the development and conversion Directory and Appointment System (DDAS) and CareConnect of our main products and services to a decentralized peer-to- Triage (CCT) to promote interaction and usage of CPX as the de peer platform, CareParrot will conduct a CareParrot Token Pre- facto currency for any data or financial transactions within the sale of 275 million coins or CPX through a 120-day pre-sale network. event on our website. The total number of CPX is fixed at 3.6 billion tokens from which 3.337 billion CPX can be mined Most ICO's and tokenized campaigns do not even have a through our unique gamified proof-of-stake mining model. demo to show and their campaigns are all based on 'promises' and 'potential'. CareParrot works with facts and real solutions. While we have a comprehensive array of products and services We currently have a demo ecosystem available for the public to offer pre-blockchain conversion, we will narrow our focus at to use, test, critique and more importantly - support. We this moment on the development of The CareParrot Core Miner believe it would be the smarter choice to participate in a App, which will be sold on a lifetime subscription basis for pre- campaign that is not merely based on crowd sale marketing sale participants, and regular annual subscription during results - but tangible answers to real life challenges. crowdsale. Access to healthcare should not feel like rocket science. CareParrot will remove all roadblocks to fully The Core Miner App will allow any user to mine CPX using realize the true potential of a decentralized 'doctors- without-borders' platform. their laptops and mobile devices. It is an exciting new concept of mining that does not require expensive mining rigs. Joseph Lowe 2 Founder of CareParrot | Blockchain Expert 2
ABSTRACT Since the rise in popularity of blockchain technology in 2008 Businesses can save millions per year by not having to rely (specifically Bitcoin) many organizations have succeeded in on agencies and intermediaries to ensure that the right hand developing other functions to perform multiple, extremely knows what the left hand is doing. Because it works as a crucial roles in various industries. global computer, it automates a lot of the logic associated with our data in ways that we were never able to do before One of its most important purposes is to serve as a global and that alone is extremely valuable in this day and age. database for an entire industry in which people can use to store shared common data that all parties can access at any given In this whitepaper, we will breakdown the three (3) central time, with the right permissions. It can access essentially a global challenges in healthcare and how blockchain technology will system of records for an entire industry built on top of a empower doctors and patients to engage and interact with foundation that has inherent data integrity based on strong one another in a secured, digital environment that is cost- cryptography. Blockchain enhances trust across a business efficient and based on P2P (peer-to-peer) business model. network. It's not that people can't trust those who they conduct business with; it's that trust is not needed when operating on a One of the leading causes of death globally is the increasing blockchain network. number of medical errors and diagnostic blunders. To cite an example, the United States spent one-sixth of the country’s gross What this means is that where we would have normally use domestic product or equivalent to $19.5 billion on this subject trusted intermediaries to marshal data back and forth, we can alone and it continues to grow much faster than the whole now use the blockchain to remove the middlemen because the economy, threatening the economic future of the businesses and main protocol is to produce an immutable, distributed database individuals who are called upon to bear the cost. that can only produce a single version of the truth without fail. 3
The CareParrot Core Miner App will be the main tool of the Users can pay for medical services rendered by physicians entire community and will serve multiple vital functions. One of using CPX through our Universal Lobby and gain cashback its main purpose is to allow users to mine CPX tokens without points that can earn them more CPX down the line. the need for costly mining rigs, instead is done by enabling the Core Miner App to act as a node and securely log all your CareParrot currently has a variety of web apps that are interactions with CareParrot's products, services and 3rd party currently on beta and will be connected to the Core Miner applications. If there are apps that tracks and monitors your after the presale. This unique method of mining tokens will health, there should be an app that tracks your participation in give every participant equal opportunity to be rewarded. health driven communities and be rewarded for it. CPX tokens will be available as an add-on purchase similar to how pre-loading call credits on Viber or game credits on CareParrot is continuously developing universal solutions that Steem works. will mitigate the lingering pain points of doctors and patients Scenario where both patient and doctor can maximize their CPX tokens when giving and receiving care. We will lay out how CareParrot’s community minted utility token(CPX) can vastly improve the entire peer-to-peer health experience by eliminating costly and time consuming claims processing, human billing errors and Mass adoption of Patient bought 200 cpx Doctor charged Doctor can use to pay crossing international gaps between patients and doctors from for sale price of patient 200 CPX for for services like CareParrot protocols a quick diagnosis Premium Listing, or sell may affect its token $0.10/per around the world, while complying with various regulations. We That's $20. CPX to another peer value are developing a digital ‘Doctors-without-borders’ platform that *Whereas, co-pays for a and receive fiat. will remove the roadblocks and bureaucracy that significantly specialist generally costs $30 to $50 in fiat skyrockets the general costs of care. Doctors on the other hand, can save thousands per year when One of the main utility of CPX is to process payments between using the Universal Lobby as it eliminates the need for costly patients and doctors fast and easy. intermediaries to perform administrative and accounting functions for their practice. 4
USE CASE #1 SHORTAGE OF DOCTORS Our efforts are focused in resolving three major short term challenges in Number of doctors available per 10,000 patients in other parts of the world, based on a 2010 report by the World Health Organization (WHO) and Eurostat: Healthcare by way of team and community collaboration. Let us dive into the numbers and expound on how CareParrot solves each one. 14 37 14 USA EUROPE CHINA A report by the Association of American Medical Colleges (AAMC) states that by 2025, the United States will have a shortage of 35,600 Primary Care doctors. That’s just a piece of the pie. The overall shortage of medical specialists is projected to be at 94,700. That’s mind boggling 22 and alarming at the same time but there’s a good reason why. JAPAN As of 2016, nearly one-half (46%) of all Doctors in the United States are 19 4 6 over 55 years of age and are nearing retirement. It doesn’t help that MEXICO NIGERIA INDIA people are simply discouraged from becoming doctors because of the cost of getting a medical degree and the increasing price of malpractice 7 SOUTH AFRICA insurance each year. Due to the shortage of Doctors and major discrepancies in the cost of treatments in certain parts of the world, medical tourism has become a $430 billion market with over 11 million medical tourists travelling thousands of miles to seek medical and cosmetic procedures where it is most cost-efficient. This trend grows by approximately 25% each year across 176 countries - leaving the door open for a universal solution that will help improve the overall experience of giving and receiving care on a global scale. 5
The discrepancies in doctor fees are due to multiple factors starting with the physician's operational costs to run a clinic, the insurance coverage being used by the patient and the main process and procedures of the current system being used by hospitals or clinics. Based on a recent survey conducted online by Harris Poll, 84% of people (adults age 55+) are more likely to use their hospital or doctor's patient portal to access their health information if there is one available that's easy to use. However, hospitals are crippled by centralization that prevents for a truly transparent way of care to flourish. Hospitals and facilities have no clear and concise way of bridging patient data together when it's needed the most and the frustrations of the people are mounting. This further widens the gap between traditional doctors and those who are adopting telehealth and has given birth to an entire industry known as medical tourism. We take this as a clear message that patients are fed up with the situation and are willing to explore a more open and transparent, peer-to-peer type of healthcare. Medical Tourism is not the ultimate answer to a global physician shortage. It may offer a very good option to a certain demographic, mostly for patients who have travel and leisure planned - but not for people who can't afford to spend more than what is allotted for their medical agendas. 3 in 5 14% $430B Patients would choose telehealth of the world's population travels creating a massive and visits to replace in-person visits internationally to seek treatment growing industry 6 6
In a study conducted by F.F.O. Healthcare Tourism in 2006, revealed the inconveniences experienced by patient when travelling to seek medical care: SURVEY RESULTS INSURANCE Inadequate Coverage INSTABILITY 83% No Flights Have never used video consultation Insurance Frauds Bad Roads No Global Players Backwards services or any form of Telemedicine Companies Overseas Prone to terrorism Refuse Communal Unrest Reimbursements 77% Are very interested in Telemedicine CareParrot believes in the power of medical tourism and supports it all the way; and would most likely select medical however the issues of it being costly, fragmented and time consuming are areas providers that offers it where it needs to improve. We believe it should be the other way around and that it is the medical industry's duty to come forth and be easily available to the people in the most cost efficient way possible using decentralized technology and innovation. 72% Are not sure if their medical insurance Remote delivery of medical treatment via digital solutions need to become more covers Telemedicine prevalent if the end goal is universal adoption. To achieve that goal, we need a better understanding of how patients feel about digital health and where it stands. A survey was conducted by softwareadvice.com of about 400 medical consumers measuring their impressions about replacing in-person doctor visits 51% with Telemedicine. Appreciates the convenience and comfort of consulting a professional 7 CareParrot 2018 All Rights Reserved 6 from home
Losses due to difficulties accessing care There are thousands of qualified doctors and skilled care providers in other parts of the world that are more than capable of addressing Think about the last time you paid a visit to your doctor and patient medical needs but have no seamless way of reaching out to think about the amount of time you spent travelling, waiting in patients on a global scale due to the lack of a medical platform that is the lobby, and the number of routine forms that you had to fill truly universal. It’s just a matter of distributing and maximizing all out before the nurse calls your name to get your vitals taken and available doctors around the world to all the patients that are seeking recorded. To paint a clearer picture, the worldwide average wait medical attention. A tall order but is not impossible to achieve. time is approximately half an hour. This is a direct result of the unmet demand due to the shortage of doctors. CareParrot firmly believes that in order to achieve a truly efficient way of giving and receiving care - it must be autonomous and the parties In Canada, a report states that in 2016 – the average wait time of involved must have full control of the entire process. Not the a patient to receive surgery from the first doctor’s appointment is middlemen. Not the large corporations and organizations, but the an agonizing 19 weeks or roughly 5 months. While in other parts patients and doctors. it must have a network that requires no trust as of the world where the rural areas are less likely to have a decent everything is based on proof and transparency. A system that can medical facility - would leave patient's either waiting for weeks to grow and mature on its own, through the efforts of the community. receive care from the nearest town doctor or worse, risk making their conditions worse by turning to non-traditional practices. Not to mention that a patient would most likely have to travel $300B/year from one facility to another for treatment, especially if it’s a All Industries chronic disease that includes multiple medical disciplines. That is Combined unacceptable in this day and age, but something that is easily resolved using a transparent, peer-to-peer healthcare model. $602/year Per Employee 7 8
Frictions in Healthcare In China, there are an abundance of public and private hospitals We propose a universal health system that has a community of international standards in urban areas where serious illness and driven digital currency that will immediately address certain pain injuries can be treated. However, 70% of the entire population points derived from a myriad of inefficiencies - human or system. lives in rural areas, which results to more people relying on village We are empowering providers by giving them a broader market clinics that lack the proper skills and equipment to fulfill patient reach and connect with patients from anywhere in the world more needs. Most people will simply ignore their illnesses or try efficiently. Patients can save millions each year on travel expenses performing self-medication that could lead to worsened to seek medical attention in different countries resulting in having conditions or death. more financial resources to take care of their health. Why spend a great amount of money to seek preliminary medical CareParrot can address these challenges by embodying diverse attention overseas when it can be done in a secured, digital way perspectives in one place. We will reduce the number of ‘failed’ or until the doctor requires an actual face to face meeting. This ‘wasted’ medical visits by setting up a secured online environment works particularly well in developing countries where their annual where specialty doctors can screen a patient beforehand regardless income may not be enough to cover initial medical expenses, let of the patient’s physical location – for little to no fee, paid in alone travel abroad to get a second or third opinion - but would digital currency - before giving the go-signal for a video call or a like to seek care from providers that are based in other countries. face-to-face appointment. The shortage of doctors and the friction that a patient experiences when trying to reach out to providers in other countries are one of the main drivers of the rising cost of care and reluctance of people to trust the current system in place. 9 8
USE CASE #2 - NETWORK & DATA SECURITY Numbers don’t lie. In 2009, millions of private data were breached An EHR contains all of your demographic information - names, and stolen through different health organizations. Despite a line historical information of where you live, where you worked, the drawn by the powers that be, forcing the government’s hand to names and ages of your relatives, financial information like credit draw up a strategy to protect patient information - most commonly cards and bank numbers. If that isn’t scary enough, there’s also known as the Health Insurance Portability and Accountability Act or data about your past medical history, including every doctor’s (HIPAA) privacy rule, the number of data breaches still went up to visit you’ve made and diagnosis you’ve received. The medical 45% in 2015. record is the most complete record about the identity of a person that exists today. But that did not stop hackers and parties with malicious intent from attacking these health organizations, in fact it made them more An EHR log is irreversible; therefore, if there is a breach, creative. It only got worse from there to say the least. More and hackers can potentially blackmail an individual for sensitive more cyber attackers are targeting Patient Data as it can provide health information (PHI) such as sexually transmitted diseases, for a very lucrative way of making money. psychological conditions and cancer diagnoses. This could lead to many forms of personal embarrassment and In 2017, Forbes magazine released an article reporting that your professional sabotage. Hackers can also hijack EHR systems to electronic medical health record (EHR) could be worth hundreds or extort hospitals for money in exchange for unlocking the even thousands of dollars on the black market. While digitization patient data. overcomes many of the inefficiencies and fragmentation that beset healthcare providers, patient records are now also more exposed to hacking and theft. 10
But the most disturbing data breach does not come from external hackers. The majority of all inappropriate access to EHRs came from the inside which involves doctors, nurses, billing specialists, or administrators who have legitimate access to the systems but simply abused that privilege for financial gain or revenge. In the 450 breaches that were reported in 2016 – over 65% came from insider activity. In a twist on identity theft, crooks are using personal data stolen from millions of Americans to get health care, prescriptions and medical equipment. Victims sometimes only find out when they get a bill or a call from a debt collector. They can wind up with the thief’s health data folded into their own medical charts. A patient’s record may show she has diabetes when she doesn’t, say, or list a blood type that isn’t hers—errors that can lead to dangerous diagnoses or treatments. When 5,000 respondents were surveyed on the impact of data theft in 2014, the results only strengthen the fact of the matter. That the current system is broken and it will continue to affect the lives of millions for years to come if we don't maximize the potential of blockchain technology. 35% Of respondents said the person committing the fraud used up their benefits 29% Stated they had diminished credit score 31% Were forced to pay out-of-pocket 25% Suffered a loss of health 11
NETWORK SECURITY CareParrot strongly believes that the key variables for a profitable Yet the natural limitations of speed and efficiency at that time eco-system that sets the standard in data transfer are efficiency, contained the exposure to exploits to the extent that they could speed and accuracy. The historical dependency on human action and be made acceptable so long as consistent process security was old methodologies has been the greatest limitation in healthcare. in place. The emergence of the Internet has demonstrated its unprecedented ability to create new opportunities, especially in data transfer digital Therefore minor flaws in the model which are relatively costly to transactions. Crypto currencies and tokens based on crypto ledgers exploit might deter attackers due to the cost being more expensive are the next stage in the economic revolution. They further reduce than the reward. Today those dangers are orders of magnitude (but do not eliminate) dependencies on humans on the most limiting more serious as the great value of the Internet's efficiency is also aspect remaining – trust through sound mathematical models what provides for such an attractive target. Unfortunately naïvity in defining their operational protocols. the definition of the model and failure to fully evaluate the implementation of same, immaturity of the technologies used to Thus, CareParrot will not take any chances and have set in place build them, and inadequate processes of interaction have resulted defense mechanisms against any form of attacks. in several high profile exploits which had worst case scenario results of total collapse of the system they were designed to enable and 1) Correct design & implementation of the model, and support. 2) Correct and secure processes for interactions between users and the model's implementation. CareParrot is taking a more responsible and informed approach to these issues on both the generation and issuance of CPX, and the All exploits can be clearly explained as failures of one of these two operational use and transfer of private data within the categories. Physical signatures, health records, patient data and other CareParrot ecosystem. prior methods of trust that our economic engines depended upon appear to be mediocre when compared to public key encryption for Security is a never ending core process of our business model and will proof of authentication as well as authority to conduct a transaction. consistently be improved and tested. 12 11
Another issue that blockchain promises to alleviate is the USE CASE #3 - PATIENT DATA ACCESSIBILITY insurance claims issue with the concept surrounding 'clinical attachments'. The issue revolves around the need for additional The healthcare industry needa a more efficient and secure system for clinical information when a payer is working on a decision for a managing patient medical records, pre-authorizing access to view healthcare claim. patient records, settling insurance claims, and performing and recording other complex transactions. Majority of Electronic Medical Claims are often submitted without all the required supporting Records or EHR in the US and other parts of the world are currently detail, so payer(s) need to request additional detail, which add maintained in data centers (in a cloud-like environment), and access is costs and delays to the settlement process. Not to mention, limited to hospitals and care provider networks. Centralization of such matching up the claims with the supporting information is information makes it vulnerable to security breach and can be challenging for all parties involved. expensive. Yet, we still trust that our data will be safe and sound. Until its gone. Blockchain can simplify this complicated and time-consuming process and automate the collection and sharing of information. Blockchain holds the complete medical history for each patient with multiple granularities of control by the patient, doctors, regulators, Claims can be reviewed and paid more efficiently and hospitals, insurers, and so on, providing a secure mechanism to record quickly. and maintain a comprehensive medical history for every patient. The system can suggest alternative services that have better coverage. With this in mind, the following benefits are realized: Blockchain has the ability to implement a longitudinal health Tamper-resistant means of storing medical history record for patients, linking all of their care specialists, thereby Complete medical history of the patient for use by doctors providing accountability, transparency, and accuracy while for precise drug recommendations maintaining patient privacy and HIPAA compliance. Read on to see what we're working on to execute this plan. 13
OUR SOLUTIONS
OUR SOLUTIONS We already know how many doctors are actively practicing in the United States. But what is often overlooked is the fact that there are thousands of qualified doctors in other parts of the world that are more than capable of providing care. The principles and methodologies for a certain treatment, diagnosis or research in Germany or Australia are applied in the same context in South Korea and the Philippines, countries that are halfway around the world. In fact, thousands of aspiring doctors cross spend thousands to study in different countries because one thing is true – medicinal knowledge and the application of its core values are virtually the same anywhere in the world. To get that advantage and acquire techniques and knowledge from other countries makes it all worth it. Geographical location should not be an issue when it comes to providing and receiving care. It is a basic human right - regardless of race, beliefs, distance and financial status - to receive the best available care in the quickest possible manner. CareParrot believes in the importance of getting the right specialist, the first time and when it matters most. Medical tourism is a thriving industry and has been the top choice of patients that are seeking care outside their boundaries. However, it is not a global solution to the pain points that are causing complexities and risiing costs in healthcare. It may be to some people, especially those with the resources such as time and money to travel and be away from their families for a long period of time. But for our solutions to become truly global - we have to think about the people who are not as fortunate. Patients must have a way to find the best options from around the world without the need to travel and spend more than they should - the very first time they seek medical attention. By encouraging providers to accept a universal currency that can pay for services and at the same time grow in value as people continue to utilize it, we can immediately alleviate major pain points that are crippling the industry for years. 14
Therefore, we propose several key solutions that can help transition the healthcare industry into a global community that requires no intermediaries in between the patients and doctors. We propose a universally accessible, decentralized community layered with a consensus payment method that process payments for health services in minutes. Doctors and patients are also rewarded each time they interact with the systems that facilitate the CareParrot ecosystem. This is a form of 'rewards mining' using a mobile app introduced on the next section of this whitepaper. We are convinced that this is a situation where everybody wins. From the doctors that utilizes CareParrot's app, to patients seeking value for money and third-party partnerships that will be formed as the community evolves. With the help of the entire CareParrot community, we can end all the complexities and unreasonable cost of seeking medical attention by creating a truly free universal peer- to-peer healthcare community. Its about time that the healthcare industry adopt a faster and more economical way to handle patient matters starting with the removal of pain points in the payment process. The CareParrot team is ready to execute and get this off the ground with the help of the community. CareParrot understands that switching from the more traditional to a peer-to-peer system will not be easy. With all the regulatory compliance associated in transferring massive amount of patient data and knowing full well that different organizations have systems that do not interact with one another, setting the foundation is crucial and it all starts with decentralization. In order to achieve that goal - CareParrot focuses on getting everyone to adopt to a new, measurable system of care that is cost-efficient and yet is equally, if not, more valuable than any other innovation presented in the last 10 years. 15
CareParrot proposes to build and develop a decentralized network Factors to Physician Stress Proposed Solution protocol that serves as an ultra secured portal for doctors and patients all over the world to freely engage in a peer-to-peer level, without any intermediaries that can cross international borders - but is intelligent enough to comply with regulations. 74% Paperwork and bureaucracy Task Automation/ Digital Cash This type of innovation is exactly where the healthcare system needs to go. Complex Easy to use mobile 43% technologies EMRs/ (EMRs) Decentralized Dr. Scott Roethle Anesthesiologist / Entrepreneur / Healthcare 3.0 Visionary Reduce time doing data 39% Working long hours entry tasks and more time One of our goals is to give doctors full authority to manage their spent helping patients professional services and let them spend more time sharing their expertise by helping patients from all over the world in a secured and cashless way - instead of doing data entry tasks for hours. Our purpose is clear: we are bringing together patients and doctors from all over the world together under one We are letting 'doctors be doctors' once again by empowering them decentralized and autonomous environment, that rewards with full governance of their true professional value. interaction between users and third party apps that will be built and connected to the CareParrot platform. Patients from all over the world are rewarded for bringing their doctors into the CareParrot network, enabling both parties to transact on a peer- to-peer level. 16
CORE MINER VERSION 1.0 The Core Miner is a community-based mining app that allow users to earn CPX tokens using a laptop or a mobile device by simply interacting with the community. This unique proof-of-stake method of rewarding interactions will allow millions of smartphone users around the world to get acquainted with Gamified Proof-of-stake; which we foresee as a protocol that will be adopted, tweaked and improved many times over in different parts of the world for various purposes due. Getting started is fairly simple and we made sure you'll have everything you need. Visit our website and reserve a slot for the Core Miner and Token Pre-sale. You may choose to have a Core Miner that is preloaded with CPX tokens to get you started. * ** Download the Core Miner on our website as soon as you get an email from us with your access code. One you have all security measures and KYC in place, you can start connecting to the network G E and start interacting. GA EN Log-in to the app using your credentials and personalize the look C T and feel of your new best friend. E RA T The main protocol of the app is to allow users to join a pool of IN miners working on a block reward by interacting with CareParrot's products, featured services and partner apps. No other method of 17 mining will be considered.
TRADITIONAL MINING vs. GAMIFIED The issuance rate is set in the code, so miners cannot cheat the system MINING or create bitcoins out of thin air. They have to use their computing power to generate the new bitcoins. By now, the basic rules and principles of the CareParrot Core Miners include transactions sent on the Bitcoin network in their Miner App has been made clear in general terms. In this section, blocks. A transaction can only be considered secure and complete we will discuss in detail what goes on 'under the hood' of the once it is included in a block. Because only a when a transaction Core Miner and how users can take advantage of our Gamified has been included in a block is it officially embedded into Bitcoin's Proof-of-Stake mining protocol. blockchain. Bitcoin mining is the backbone of the Bitcoin network. The miners The only way to reverse Bitcoin transactions is to have more than provide security and confirm Bitcoin transactions. Without Bitcoin 51% of the network hash power. Distributed hash power spread miners, the network would be attacked and dysfunctional. Bitcoin among many different miners keeps Bitcoin secure and safe. mining is done by specialized computers.The role of miners is to secure the network and to process every Bitcoin transaction. Step #1: Get Bitcoin Mining Hardware You won’t be able to mine without specialized ASIC miners that were built for the sole purpose of Miners achieve this by solving a computational problem which mining bitcoins. These machines are not cheap. Mining bitcoins using your home desktop or laptop will earn you less than one penny per year and will waste money on electricity. allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”). For doing this, miners are rewarded with Step #2: Select a Mining Pool Without a mining pool, you would only receive a mining payout if you found a block on your own. This newly-created Bitcoins and transaction fees. This is also known as is called solo mining. By joining a mining pool you share your hash rate with the pool. Once the pool 'Proof-of-work'. finds a block you get a payout based on the percent of hash rate contributed to the pool. If you contributed 1% of the pools hash rate, you’d get .125 bitcoins out of the current 12.5 bitcoin block reward. Traditional currencies--like the dollar or euro --are issued by central Step #3: Get Bitcoin Mining Software banks. The central bank can issue new units of money at anytime Bitcoin mining software is how you actually hook your mining hardware into your desired mining pool. based on what they think will improve the economy. With Bitcoin, You need to use the software to point your hash rate at the pool and tell the pool which Bitcoin address payouts should be sent to. miners are rewarded new bitcoins every 10 minutes. 18
GAMIFIED PROOF-OF-STAKE MINING (SUMMARY) In line with CareParrot's vision to reward the community for participating in health-driven interactions; we designed a unique mining model that is more user friendly, less complex and significantly more cost-efficient to operate. It requires only two things: The Core Miner App and your willingness to participate and interact with the community and the entire ecosystem in general. How it works Sample Scenario Each Block is earned by a collaboration of Core Miners interacting with 1,000 people interacted and was included in a mining pool to discover the hidden nonce on a block which will reward various parts and elements of the CareParrot network, hoping to help crack 50 CPX the nonce. CareParrot acts as one large mining pool where each interaction generates a string of code to see if it is the winning guess. Let's say all 1,000 users interacted only once during this block, this gives everyone an equal stake in the reward. Block rewards are divided up by who has gained the most points for that However, only ONE can get a winning guess. If the winning block. More points equates to a higher percentage of winning the block user will win 28 CPX or 55% of the reward, and the other reward. 999 users will share the remaining 40% (0.02002002 CPX). Everyone is a winner. There are two types of participants: Nodes and Master Nodes Master Nodes or (DApps) who provided maintenance and Nodes are any users who are trying to mine, that is not a ability for users to participate in the network will split their decentralized app 5% reward. Master Nodes are partner apps that provides the Example: environment and added ability for users to interact 2 apps will split 2.5/2.5, 5 apps will split 1/1/1/1/1 The majority of the block will go to the winning guess and the rest will be The CareParrot Foundation, an alliance/independent body of divided into percentages of all those who helped crack the block through developers and users, will receive 1% of the reward for keeping interactions. 19 the integrity of all CareParrot protocols and policies in check.
Getting Started What Happens When Block Limit for a Single Chain is Maxing Out? User downloads the Core Miner App, which comes with a A new pool is generated and a list of pools will be available once this occurs CPX Wallet for $49 - simultaneously downloading and for new users to see vacancies to join in. The new chain will link with the new registering it as a node. pool, until it maxes out. User will need to provide a valid email address and create a username/password. User will undergo 2FA security process The protocol will allow a maximum of ten (10) chains running via email and agree with KYC. simultaneously. Once the max limit is reached, users will have to wait until User then connects Core Miner to various services and an occupancy is available. All interactions will still be recorded and saved. features of the CareParrot community. Each interaction is a All user interactions will be queued until a new block is generated in a pool. chance to earn a block reward. Once the new block is generated, the users whose interactions were in Real interactions will automatically trigger the user's inclusion queue will have first priority to a new block, pushing other users into place. to the pool. Every interaction during the block reward session is accumulated in a smart contract. Every interaction generates a string of numbers as a guess to the number of the block, instead of using a processor. The winning number is announced. Smart contract initiates delivery of micro-payments to all participant addresses. #EveryoneWins New block is generated, process is repeated. 20
HOW DOES IT WORK WITH THE CAREPARROT COMMUNITY? The Core Miner is an MVP that is currently a work in progress and exclusive access to the app is for CareParrot members only and will soon be available to the public for Android and Apple devices at the conclusion of all token sale events. The Core Miner connects the users to a secured CareParrot network when the app is launched and act as a 'node' to a particular chain being mined. All Core Miners may earn 'IP's' or 'Interaction Points' by interacting with various CareParrot products and services by staking a corresponding CPX. Below is a summary of services that users can interact with. D.D.A.S. As a health management platform that will serve as information highway for patient data, CareParrot’s utmost priority is to have tools in place to fend off malicious activities by empowering Core Miners to verify data = submitted to our Doctor's Directory and Appointment System or D.D.A.S. (either by fellow Core Miners or Providers) Miners will conduct User submits his Verification task will verification techniques doctor's be posted for all Core and approve or deny a information Miners to see We are rewarding Core Miner's speed and accuracy in verifying physician submission information. Core Miner's will need to stake a certain amount of CPX in order to review an entry submitted. Completing batch reviews with at least 95% accuracy will result to CPX rewards. CARECONNECT TRIAGE To keep our Triage in-line with real patient experience, we are empowering the CareParrot community to rate their experience with suggested = information on our Triage. Who else can give proper quality evaluation than the people who experienced it themselves. Smart contracts will identify top Patient gave Another Patient All parties involved rated suggestions and are rewarded with CPX. If two or more patients gave Doctor Smith a gave Doctor Smith a will be rewarded 5 star rating 5 star rating with CPX the same rating to a doctor or facility, smart contract will reward all parties 22 with CPX. 21
LIVE360 Users are rewarded by simply keeping their health information up to date such as vitals, health record, family health history and insurance coverage details using our secured LIVE360, a mobile EHR that is gamified promotes pro-active management from users. This allows for a much efficient usage of = your data when the need arises. The Core Miner executes the smart contract User updates Doctor views the once the patient's attending physician approves the information. medical record Both parties are information entered including medical rewarded with CPX and verify accuracy history and compliance Smart contracts determine the rewards earned by miners based on parameters that we have in place to avoid 'double-interactions'. UNIVERSAL LOBBY Patients are rewarded for using the Universal Lobby (unreleased) to open a diagnosis request and for using CPX to pay for the doctor's fee. Doctors from all over the world can now assign and diagnose cases to themselves in exchange for CPX. The friction of paying someone with a different currency for services rendered will no longer be an issue as CareParrot CPX will be Doctor picks up Patient opens a Patient accepts the only currency accepted. case and diagnose case for quick diagnosis. Patient in exchange for diagnosis and Doctor is CPX rewarded. Fee is released to Accuracy Doctor's Fee Doctor Efficiency Cases diagnosed per Scope of Support week 22 22
DOCTOR'S DIRECTORY & APPOINTMENT SYSTEM (D.D.A.S.) One of the first free services offered by CareParrot since its inception in 2017. The DDAS is not just a directory of providers - it is an appointment setter. It allows patients to view provider information and set an appointment right then and there. All listed providers from all over the world are verified using various legitimacy techniques before being loaded onto the network. Once a user initiates a request for an appointment, the provider will be able to approve or deny the request, or refer the patient to another provider as soon as he signs-in to his CareParrot account. The D.D.A.S. is designed to make sure all provider listings that are on a premium listing subscription will show as a "Top rated" physician on Triage suggested search results. Doctors are rewarded with CPX each time they respond to an appointment request in a short period of time. Looking ahead, we are excited to see how D.D.A.S. can integrate directly with health organizations to make appointment setting more efficient for all parties involved. As well as give users the liberty to add doctors on to our network and have it verified by fellow users for a shared reward. As soon as the Core Miner pre-sale event concludes, CareParrot will immediately move to Phase 2 of its Research and Development Phase and design a protocol that will reward Core Miners and contributors with CPX using the Core Miner framework. 24
THIRD PARTY PARTNER APPS Through the Core Miner App, our CareParrot Community can explore more options by partnering with other health-related, tech start-up = organizations that share the same vision as ours. Having a global community that uses a universal mode of payment is definitely one of User explores apps User is rewarded by Everyone wins! the advantages that our partners would see fit for their business. that are partnered helping boost our with Core Miner partner's campaign Affiliate Marketing We can assist our Partner Organizations in boosting their sales campaign by way of Affiliate Marketing that rewards the CareParrot Smart contracts will reward Core Miners who interact with Community with CPX for every sale of their products and services. partner apps based on certain parameters set by CareParrot and our partners. Brand Awareness Sometimes, all it takes is a massive amount of real people, using and sharing our Partner's products and services. A simple review or just To discuss each item in detail, email us - info@careparrot.com sharing on social media can take any business to another level. Our CareParrot Community can partake and assist in promoting the brand in exchange for CPX. Data Collection and Survey Our CareParrot Community can engage and participate in data collection and surveys for any organization (for approval by the CareParrot Team) in 22 23 exchange for CPX. Online surveys will never be ignored again.
HOW TO GET STARTED HOW TO SCHEDULE AN APPOINTMENT Step 1 Step 1 Register for a free CareParrot 'Provider' account. Register for a free CareParrot account. Step 2 Step 2 Go to D.D.A.S. and click on Add Healthcare Provider Go to to D.D.A.S. and find a doctor. Click on the Save to Your Profile button. Once saved, the doctor will be added to your 'directory' list, you can simply 'set an appointment' from there. Step 3 Supply all pertinent information about you and your practice. This will be verified by our CareParrot Community Miners. Note: From here, you can identify if you represent yourself and your clinic independently or under a medical group. Note: You will also be given the option to upgrade Doctors are rewarded for responding quickly to your Listing to a Premium one to get your name appointment requests highlighted on our suggested Doctors search in Doctors are not penalized for declining an Triage appointment, but can affect their overall rating 25 Patients can only set an appointment with a particular doctor, once every 24 hours.
D.D.A.S. Listing Verification Process DDAS is freemium directory service that is open to the public. Anyone with a registered CareParrot account can submit a listing to the directory for approval. CareParrot will implement a two-tier verification technique Submissions to combat system manipulation and determine a user's inclusion to the mining pool. Today Tue, 19 June 3 submissions Core Miners (Tier 1) and CareParrot Researchers (Tier 2) will be responsible for upholding the network's data integrity through specialized verification techniques. All data passing through the D.D.A.S. gateway Surgeons > General Surgery will be verified before it is posted. 2:45 PM Smith, Jonathan Staked Long Beach, CA Reward User submits listing for 50% of the Staked CPX CareParrot Researchers and Pending 213-2864053 50 CPX 10 CPX approval. Staked CPX. will be held n Escrow Core Miners will verify info 2:50 PM Gunneswarran, Prajnesh Staked Reward Los Angeles, CA However Pending 213-2864053 50 CPX 10 CPX Smart contract will add the Miner and the Physicians > Family Practice Data submitted is TRUE and up-to-date. researcher to the lottery list and refund the Sends report back to D.D.A.S. . staked CPX back 3:10 PM Shapovalov, Denis Staked Reward Los Angeles, CA Pending 50 CPX 10 CPX 213-2864053 If data submitted is INACCURATE or FALSE. Researcher sends report back to D.D.A.S. and Smart Contract will collect and send the 50% staked CPX to Yesterday Monday, 18 June 4 submissions the researcher and ban the user for submitting any data for 72 hours. Physicians > Family Practice 26 3:10 PM Thiem, Dominic Rewarded Los Angeles, CA Approved 213-2864053 10 CPX
COMBINING APPS, BLOCKCHAIN AND Doctor's Directory and Appointment System (D.D.A.S.) GAMIFIED PROOF-OF-STAKE MINING Development of the beta platform began in 2017 headed by Conceptualized as a ‘freemium’ service for healthcare providers in the Joseph Lowe and his dedicated team from California, USA and U.S., the DDAS allows certified medical practitioners to promote their Manila, Philippines. The overall usability of the platform was clinic and the services they offer to a global audience through the based on the idea of having a private blockchain network, API's CareParrot network. and smart contracts running the back end autonomously by 2019. Doctors or Medical Facilities have the option to subscribe for a premium listing for CPX 100 annually) and have their contact The CareParrot beta site is currently on a secure dedicated server information shown on top of suggested doctor results each time a in anticipation of the massive amount of data that will flow patient uses our Triage. It is similar to a sponsored ad on Google search through the network during and after pre-sale. – but targeted to patients with conditions that are relevant to their practice or specialization, efficiently leading patients to the right We intend to build our web apps on the Ethereum and doctors on the first try. Hyperledger protocol while using Solidity to develop confidential transactions between patients and doctors. Hyperledger Sawtooth will be used for transaction processing and validation. D.D.A.S. Patient uses our Triage CareParrot will suggest The platform currently has three major features which will be to find information about Doctors that matches the outlined on this paper. On this section, we will also discuss how his medical condition Patient's condition all current web-apps of CareParrot will communicate with our M.V.P. - The Core Miner 1.0 Doctors with premium D.D.A.S. listing will stand out and will be highlighted as a top-rated choice 27
CARECONNECT TRIAGE (C.C.T.) The CareConnectTriage is a patient-focused free service currently on beta that arguably has the most potential in disrupting digital health. One of its unique functions is to automatically suggest top rated and virtually the best possible care for a certain health condition or symptom that can accept digital cash or CPX as mode of payment. By simply searching based on any of the three categories (condition, symptoms, medication), users can get immediate information, suggested doctors, facilities nearby and suggested medication or course of action - in just a few taps on their mobile devices. The CareConnect Triage communicates with all other services offered by the system. Doctors with a Premium Listing on D.D.A.S. will have their listing shown as 'Highly Recommended' on Triage search results based on the Patient's query. The CareConnect Triage is a product based on the combined efforts of our Research and Development Team and the CareParrot Community. By allowing the users, patients and care providers to manage the accuracy and integrity of the Triage - it becomes more than just a place to get quick information. It becomes a living ecosystem of people contributing valuable personal experiences, best practices and recommendations. Forming a strong connection with other members of the community. 28
BENEFITS & REWARDS FOR ACTIVE PARTICIPATION The main purpose of CareConnect Triage (CCT) is to provide fast and reliable information to patients seeking immediate answers to their health and medical condition questions. Our goal is to promote interaction with the CCT (as well as future partner apps) and create opportunities for Core Miners to earn CPX by active participation. The CCT communicates with all other services within the CareParrot ecosystem and creates a rewarding experience for all regular users. Patient Testimony Contributed Content Sharing first hand experience with a specific doctor, As of this writing, the CCT is still a work in progress and a lot of hospital or medication on the CCT comments section areas are still without data. We're encouraging the community is extremely valuable. With a Core Miner App, the act to contribute accurate Triage data such as Conditions, of sharing testimonies is equivalent to mining and Medications and Facilities and be rewarded with CPX. can earn you a spot in the block reward pool. Doctor Testimony CPX Adoption The Doctor will either have to agree or disagree with the The key to an efficient peer-to-peer healthcare ecosystem is testimony to be fair. If the doctor agrees - both parties adoption of a singular method of payment that is fast and will be included on the pool of miners working on a cheap. Patients who are able to convince Doctor's to accept block at that particular time. If the doctor disagress, both CPX as payment method are rewarded with more CPX. parties will not be included on to the mining pool. 29
CPX as Consensus Payment Solution for Healthcare The value of using CPX as payment method lies in the token's ability to create a more cost efficient system of care. No more waiting for days on end (in some cases, weeks) just to get an insurance claim validated and processed. On top of that, doctors now have a direct way of giving care and being paid for it almost instantly and automatically through smart contracts, further reducing the cost of care in general. To emphasize on the value and benefits of using CPX, let's take a look at Bob and John's case (USA) and create a comparison: Bob has a skin lesion, took 2 days for his appointment to confirm John took advantage of the CareParrot pre-sale and purchased a Core Miner with pre-loaded CPX tokens Drove for 30 minutes to get to his doctor and waited for another 30 minutes for the doctor to show up Took out his phone, opened a ticket using his Core Miner App that has the Universal Lobby synced, gave a few details and attached a His doctor referred him to a dermatologist, Bob got an appointment few photos of his skin lesion after 32 days. His case was almost instantly picked up by a certified dermatologist Drove for 45 minutes and read old magazines for 30 minutes at the in the Philippines that charges CPX 200 ($20) clinic's lobby Finally got to meet his dermatologist and was given a diagnosis Diagnosis sent back to John after 15 minutes. He approves. Smart contract executes release of CPX 200 to the doctor. Cost with Insurance Without Insurance Cost with or without Insurance $30 $170 to $200 $20 (or CPX 200) 30 Any consolation? None. Any consolation? A whole lot. Read on.
In traditional Proof-of-work cryptocurrency mining, whoever can solve the mathematical problem to unlock the block, will win the reward. The mining model of CareParrot is based on real interactions with the system, with each interaction being counted as a 'ticket' to join the lottery pool. The more interactions the Core Miner captures - the more chances of winning the reward. John earned 6 entries in the sample scenario. Logged in to his Core Miner App Opened a ticket using the universal lobby Approved the diagnosis that was sent back to him Used CPX to pay for the service Gave the doctor a 5-star rating for his excellent service Referred a friend to check out CareParrot's Core Miner The same mining protocol applies to physicians and care providers that has a Core Miner Account. Logged in to his Core Miner App Assigned a ticket to self for diagnosis using the Universal Lobby Promptly sent diagnosis back to Patient Accepted CPX as mode of payment Received a 5-star rating for his excellent service Referred a another doctor to check out CareParrot's Core Miner Offer CPX payment If there were 60 people in the lottery pool for this particular block. John and his Doctor each has a 10% chance of winning the reward. 31
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