Hello,
Can you tell me more about the project? What problem are you addressing?
Thanks
Can you tell me more about the project? What problem are you addressing?
Thanks
Hello CryptoTonyBTC,
Thank you for the question.
Virtual Rehab has been established since 2017. Our focus has been on the Business-to-Business (B2B) market since the get-go. We are now looking to expand into the Business-to-Consumer (B2C) market.
Virtual Rehab's evidence-based solution leverages the advancements in virtual reality, artificial intelligence, and blockchain technologies for psychological rehabilitation of vulnerable populations (pain management, prevention of substance use disorders, enhancement of autistic individuals’ communication skills, and rehabilitation of repeat offenders).
Virtual Rehab is addressing a very serious problem. Below are some of the key statistics:
- 1 in 4 people will be affected by mental or neurological disorder at some point in their lives
- Around 450 million suffer today — placing mental disorders among leading causes of ill-health and disability
- More than 20% of adults (aged 60+) suffer from mental or neurological disorder (that is more than 400 million by 2050)
- Alcohol and Substance Use account for 5.4% of world’s total percentage of disease
- Globally, 39 deaths per 100 000 population are attributable to Alcohol and illicit Drug use
- Drug & Alcohol relapse statistics may reach up to 90% following a period of recovery
- In the U.S. alone, 116 million adults struggle with chronic pain at a cost of $635 billion in lost productivity and treatment
- In 2012, healthcare providers wrote 259 million prescriptions for painkillers. Note that 100 people die every day due to opioid drug overdoses
- Close to 800 000 commit suicide annually
- 300 million are affected by depression
- 1 in 160 children has an autism spectrum disorder (ASD)
- In the U.S. alone, 66% of released offenders recidivize within 3 years and 77% within 5 years
- Lack of focus on mental health & psychological well-being
Hope this helps.
Regards
Quite interesting.
Why are you entering into the B2C market and why using blockchain?
Hello CryptoTonyBTC,
Great question.
When dealing with the most vulnerable populations out there, privacy and security of information/data shared, become extremely important. Unfortunately, as of today, this information is publicly available and could be accessed through online databases which expose the identities of these vulnerable populations. As a result, this prevents these populations from re-integrating back into society and becoming an effective part of it as well.
Fortunately, this level of privacy/data protection can all be made possible when integrating blockchain technology as part of the Virtual Rehab solution. We will not gather the first name or the last name of these vulnerable populations — they will be associated with a wallet address. The only information which will be gathered are the age, gender, race, biometrics (heart rate, blood pressure, biodermal activity), and eye-tracking. This will ensure complete HIPAA compliance and anonymity of these vulnerable populations information/data.
Moreover, Virtual Rehab is solving an even bigger problem which is data sharing among medical institutions, correctional departments, researchers, and patients worldwide. As of today, this data cannot be accessed due to privacy and patient protection laws. However, with our Virtual Rehab solution, everyone will have access to this information, which is completely anonymous and would allow for a database of input data and metrics to be accessed, which can further enhance existing research in the area of mental health through the global collaboration of researchers and medical professionals from around the world. Patients will also be able to access this data and find some synergies or relations with their existing symptoms and attempt to apply some best practices accordingly.
We have also written a Medium article about the reason why Virtual Rehab needs a Blockchain:
https://medium.com/@VirtualRehab/why-does-virtual-rehab-need-a-blockchain-1df016b37612
Regards
Super cool. Thanks.
But how do you ensure that all information is protected? What do you collect?
Hello CryptoTonyBTC,
Thank you for the question.
Virtual Rehab will not gather any personal information pertaining to these vulnerable populations. We will not seek their first or last name. Users will only be identifiable using their wallet address.
We only gather data pertaining to their age, gender, ethnicity, decisions made, all actions and reactions, and biometrics gathered throughout the Virtual Rehab experience.
Nothing else.
Hope this clarifies.
Makes sense. But tell me more about the token itself. Is it a utility or a security? What is it used for?
Hello CryptoTonyBTC,
Sure thing.
The Virtual Rehab (VRH) token has been created as a centralized currency to be used within the Virtual Rehab network. Users will be able to purchase and sell VRH tokens in exchanges. The token follows the standards of Ethereum ERC20 standard token. Its design follows the widely adopted token implementation standards. This allows token holders to easily store and manage their VRH tokens using existing solutions including ERC20-compatible Ethereum wallets.
The VRH utility token has four use cases:
- Allows users to order and download programs from Virtual Rehab Online Portal
- Allows users to request additional analysis (using Virtual Rehab unique expert system, which uses Artificial Intelligence) of executed programs
- Incentivizes users with VRH tokens reward for seeking help and counselling from medical doctors, psychologists, and therapists (Proof of Therapy)
- Allows users to pay for services received at the Virtual Rehab Therapy Center (VRTC)
What are the tokenomics ?
Hello CryptoTonyBTC,
The tokenomics for the $VRH token are as follows:
Total Supply = 400m VRH Tokens
Token Sale = 240m VRH Tokens
Private Sale = 75m VRH Token (Allocated)
Public Sale = 165m VRH Tokens
Price Per VRH Token = 0.10 USD
Regards
Great tokenomics. Can we still but some tokens ahead of the public sale ?
Hi CryptoTonyBTC,
Thank you for the support.
Unfortunately, the private sale is now over. The VRH tokens can only be purchased now during the public sale.
We will make announcements once the detail are finalized.
Thanks again.
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