DOCTOR SMART

Doctor Smart is a digital healthcare platform, whose embedded telehealth, telemedicine and AI solutions are designed to deliver world class medical consultations to patients anywhere, at anytime. The Doctor Smart ecosystem will use blockchain technology and smart contracts to integrate innovative new technologies with the infrastructure of the traditional healthcare system, such as offline medical facilities and insurance companies. Doctor Smart will facilitate high quality, affordable, end to end healthcare management to people all over the world.

HEALTHCARE MARKET SIZE

Healthcare in most countries is one of the most socially significant, and therefore most sensitive, sectors. It is both an important public and social institution and a huge commercial market. In the next two years, according to Deloitte estimates, global healthcare costs will reach $8.7 trillion and the share of the global GDP spent on healthcare will rise to 10.5%. In the US experts expect the growth rate within the healthcare market to reach 4.3%; in Western Europe this figure is 4%; in transition economies, up to 7.5%.

The main drivers of healthcare market growth are aging populations, higher life expectancies and rising hospital treatment costs. All of this has led, and will continue to lead, to growth in the demand for high-quality and up-to-date ambulatory services.
Their development will both improve the availability and quality of treatment for patients and decrease public budget expenditures. At present, the ambulatory sector makes up around a third of the global healthcare market, the size of which was $2.2 trillion in 2016.
Analysts at Grand View Research predict that by 2022 the global ambulatory services market will surpass $3.4 trillion. By other estimates, by 2024 the size of this market will reach $3.7 trillion at the current compound annual growth rate (CAGR) of 5.7%. Even by conservative estimates, the global market will grow by at least $1.5 trillion from 2018 to 2024.

As healthcare expenditures continue to grow, consumers of medical services consumers, public authorities (the industry’s biggest customers) and charitable funds are actively looking out for better cost efficiency. It is unlikely that any of them will be willing to sponsor the non-stop growth of costs within the sector without a noticeable increase in the quality and availability of medical care. One of the most promising solutions to this problem is digitalization of the healthcare sector.

According to IBIS World estimates, the number of people over 65 has reached 46 million in the US. These people are the so-called ‘baby boomer’ generation, whose healthcare preferences are already driving growth in the demand for digital healthcare services - they prefer home (or remote) treatment and health monitoring to hospital treatment and often have the money to pay for it. The income of baby boomers is significantly higher than that of the previous generations, and in the next 15 years, this generation’s need for advanced medical care will increase.

McKinsey estimates that digital and mobile healthcare technologies will help US taxpayers to save from $175 billion to $379 billion annually. According to McKinsey analysts, implementing consumer internet solutions in telemedicine will save between $34 billion and $138 billion annually.

McKinsey experts predict that in the next 5−10 years approximately 65% of people who own smartphones will be using them to access health services, including telemedicine. Currently, around 68% of US residents use smartphones.
Experts at Grand View Research estimate that in the next 10 years the market for telemedicine services will increase by 1500%: from $7.2 billion in 2015 to $113.1 billion in 2025.

Telemedicine has the potential to replace a considerable share of traditional services.
In Sweden for example, Hurley Clinic conducted a pilot project for six months, implementing internet-services in their ambulatory practice. Around 133,000 patients took part in the experiment, which demonstrated that 60% of ambulatory appointments could be performed by doctors remotely.

Forecasts for the consumer healthcare devices market make the future of the internet services in healthcare look even more promising. Analysts at Grand View Research expect that by 2025 this market will increase to $517 billion. The technological improvement of such devices will be one of the main drivers of the development of remote telewellness services in the near future.

Using artificial intelligence (AI) to solve medical problems and improve quality of life through intelligent monitoring of human health is another one of the most promising niches in healthcare. McKinsey estimates the potential of the corresponding global market as $ 750 billion.

Doctor Smart is developing a comprehensive platform that will provide telemedicine, wellness and fitness services, while implementing AI solutions for healthcare. Based on the above research, our analysts predict that the cumulative potential of these markets will reach $2 trillion by 2022. Doctor Smart aims to achieve a market share of at least 2%, at which point the platform’s turnover should be $40 billion a year.

THE ECOSYSTEM

Doctor Smart is developing a comprehensive system of healthcare services that will enable customers from many countries to have consultations and receive care for various medical and health-related lifestyle issues in one-window mode both offline and online. Doctor Smart will offer a variety of solutions in the sphere of telemedicine, including online video consultations with doctors and other healthcare specialists, integration with wearable medical devices, a support system for medical decisions, a blockchain-based rating system to evaluate medical specialists, AI medical solutions, and integration with many different ecosystems and databases that store medical information. In this section we describe the full functionality of the ecosystem that Doctor Smart plans to implement by 2020.

WHY BLOCKCHAIN?

The main reason for using blockchain technology is to ensure the transparency of all our operations and to guarantee the rights of all participants. Blockchain will help to ensure safety and inalterability of all information which passes through Doctor Smart, including financial transactions, prices for services, ratings and specialist certifications, guarantees for payments of insurance liabilities and much more.

Doctor Smart will use two types of blockchain simultaneously. A private blockchain, based on Quorum will be used to record all transactions within the ecosystem, ratings, results of specialists’ certifications and other operations. The use of a private blockchain is necessitated by the current technical limitations of public blockchains which cannot support the necessary number of transactions, user experience or unit economics. As well as this private blockchain, a public blockchain based on the Ethereum network will be used that will ensure the wide-scale initial distribution and subsequent liquidity of DSTT tokens, while guaranteeing data inalterability in the private blockchain.

As the basis of our private blockchain we chose to use JPMorgan’s well-proven platform Quorum. It has the same base as Ethereum, and smart contracts are developed there in a similar way. In order to achieve the necessary speed of the network and block formation, our project must implement a modified approach to block formation. This is why we will implement centralized consensus algorithm PoA (Proof of Authority).
Within the project framework, special tools will be developed to guarantee the inalterability of our private blockchain through Block Proof smart contracts on the Ethereum public blockchain.

TOKEN SALE AND ICO DETAILS

Token Name - DSTT

Exchange - 1 DSTT = 0.001 ETH

Currency - BTC, ETH, BCH, LTC, DASH, ZEC

Hardcap -$ 50M

Preliminary sales 17/04/2018 - 05/05/2018

Public sale May 16, 2013 - July 30, 2013

BONUS

May 16 - May 24: bonus 20%

May 25 - May 31: bonus of 15%

June 1 - June 7: 10% bonus

June 8 - June 15: 5% bonus