The following is the whitepaper and presentation of a cryptocurrency project that is dedicated to solving the many flaws of our healthcare system. The recent COVID-19 pandemic has exposed the flaws of the global healthcare system and solutions are needed desperately. Blockchain-based projects like Pernicoin provide solutions to these issues. Pernicoin is run by a highly motivated team that seeks to change our healthcare system in a way that benefits everyone.
I would like to begin today’s presentation with two questions: First, where are your healthcare records? Second, If you were suddenly rushed to an emergency room, how could you tell the doctor your full medical history? Introducing the Pernicoin Network.
The problem with the current healthcare system is that there is no *universal and efficient* database where healthcare records are stored. This creates statistical problems for state governments and safety problems for their citizens. At the state level, let’s take a person that suffers from diabetes, for example: if this person suddenly falls ill on two different days, and goes to two different hospitals, it counts as two different cases, as far as the state is concerned. At the individual level, people do not have control or access to their healthcare records, on-demand. In addition, countries like China & Russia; and companies like Google, Facebook and others, are searching for ways to monetize American’s data, without their consent.
Our blockchain database solution offers state agencies advantages, such as keeping records of certain ailments; and specifically, where they are most prevalent. For individuals, they are offered 24/7 access to their healthcare records, without fear of losing them. It takes the NSA approximately six months to hack a block on the blockchain. Once an attempt is made, individual blocks reprogram themselves every few minutes, making them virtually impenetrable.
As of year two of operations, individuals will have the option of monetizing their data with us, but we will also be able to sell Hippa compliant aggregate, anonymized data (not identified data) to big pharma and biotech companies. In this space, the acquisition of three to five-year companies is often valued at around two billion dollars.
We are seeking a seed round investment of five million dollars to launch a pilot program in Rhode Island. We will use these funds to buy the data from companies like Fintanium, who holds the records of more than 3 billion people worldwide, buy the rights to use the blockchain system, that already exists, from our partner firm Rocdocs, and compensate ourselves so we can work on this project full time. After our pilot is up and running, we will be seeking a series A investment of 15 to 20 million dollars, to expand to 14 states within three years.
We will be registering as a B Corp. Currently, we are working with legislators in the state of Rhode Island on passing legislation that includes: TRACK & Trace, a financial sandbox, a Hemp payment system, and our Trojan Horse: Blockchain. What separates us from our competitors is that we plan to work in a *Public-Private-Partnership* with the individual states.
Our strength is in our team: I am the founder and my experience includes hospital corporate training, and teaching in China; and tech sales and political canvassing in the United States. I have been invited as a guest to speak on Fox News and ABC news; and I have been cited in articles in the New York Post and NY1. Jason Anishanin is in charge of policy writing and is the founder of Rocdocs. Jason Chung is a business school professor and an attorney who has been invited to be an expert speaker, by the US Department of health and human services, on health privacy and regulatory frameworks.
Our executive advisors include Oz Sultan, “The Elon Musk of Blockchain”, David Weiss, writer for Bitcoin Magazine, and Medical Doctors Alex Cahana and Samantha Nazarath, who also work in the blockchain space.
At present, I am working on the front lines at Montefiore hospital. Unfortunately, we currently do not have a database system like the one I just described. When individuals come in to get checked, and potentially treated, for Coronavirus, they often cannot tell the doctors the names of all the medications they are taking, and which they may have allergies to.
Also, in the case of a second wave of the virus, as we are currently seeing in Hong Kong, we could know which areas, and individuals, would be more prone to be affected. Thank you for your time.